The TRUTH about Bank Privacy

EPISODE · Apr 5, 2024 · 20 MIN

The TRUTH about Bank Privacy

from NBTV: Your Money, Your Data, Your Life · host Naomi Brockwell

https://youtu.be/C0CyuDEuLsEhttps://open.lbry.com/@NaomiBrockwell:4/Financial-surveillance:eFinancial privacy has practically vanished over the last 50 years. Most people are in denial about it, and still believe that their relationship with their bank or their credit union is confidential -- the reality couldn’t be further from that. In this video we walk you through the history of how financial privacy slowly disappeared, and how we built a gargantuan financial surveillance system that no one really understands the extent of.00:00 Financial Privacy is an Illusion02:14 Pre-197003:23 Bank Secrecy Act08:02 Annunzio-Wylie AML Act10:38 Patriot Act12:51 $600 Rule16:17 The Future Ahead18:24 Is This the World We Want?We have slowly built a gargantuan system of unchecked financial surveillance, and it’s time to question whether this is the world we want to live in. The first step is just making people aware of how far financial surveillance norms have shifted in just a few decades.Special Thanks to Nicholas Anthony of the Cato Institute for sharing his expertise with us!Brought to you by NBTV team members: Lee Rennie, Cube Boy, Sam Ettaro, Will Sandoval and Naomi Brockwell To support NBTV, visit https://www.nbtv.media/support(tax-deductible in the US)NBTV's new eBook out now!Beginner's Introduction To Privacy - https://amzn.to/3WDSfkuBeware of scammers, I will never give you a phone number or reach out to you with investment advice. I do not give investment advice.Visit the NBTV website:https://nbtv.mediaSupport the show

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The TRUTH about Bank Privacy

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