When the State closes your bank account

4 July 2023

Nigel Farage has followed Toby Young in talking publicly about the actions of banks closing accounts without always giving good reason. As George Mason University law professor Todd Zywicki said in a video interview “You do have to have a bank account, really, to be able to live.”

But more frightening is when the state has the power to strip people of their financial agency. This takes our thoughts back to Justin Trudeau’s actions in February 2022 against truckers.

We have been looking back at this and draw your attention to an article by Walter Olson of the Cato Institution https://www.cato.org/blog/canada-says-its-un-freezing-demonstrators-bank-accounts-controversy-isnt-going-away

As we say on our website, the Centre for Digital Assets and Democracy has been built on the democratic principle that everybody should own and control their own assets, with the state and its agencies acting as enabling and directly accountable public servants.”