“We are writing to inform you that we cannot continue serving you.
As a result of this decision, your account will be closed within 14 days from the date of this letter.
Any remaining account balances will be sent by check to the address we have on file.”
Sooner or later, expect your bank to send you a letter like this.
They won’t even tell you why they are closing your account, and you will probably have trouble opening accounts at other banks.
De-banking is a disturbing and growing trend.
In short, the ruling elite—parasites, more accurately—have weaponized the banking system to enforce conformity to their preferred narrative.
If you don’t lap up their lies about Covid, climate, elections, wars, rising crime, or whatever the media is hyping as the “current thing,” expect the financial hammer to come down on you without warning.
You could lose your ability to take payment from your customers and pay your bills at the drop of a hat.
We’ve seen banks close the accounts of prominent doctors critical of the Covid mass hysteria and politicians opposed to schemes to centralize power on a global level (globalism).
However, for every example of a bank closing a high-profile person’s account, hundreds—or thousands—of other ordinary people likely receive the same despicable treatment but are never heard from.
Every day people are losing their ability to interact in the economy because the elite have determined they committed a thought crime.
Interestingly, the banks never canceled the accounts of the warmongers who spread the lies about WMD in Iraq or the liars that led to the toppling of the Ghadafi government in Libya and the liars that fueled the Syrian conflict.
All of their bank accounts are in good standing, even though they contributed to the unnecessary deaths of countless innocents.
Nor did the banks close the accounts of those who, for years, peddled the Russiagate lies that tore the country apart or those who claimed the Hunter Biden laptop story was phony when it was, in fact, real and probably affected the outcome of an election.
All of their bank accounts are in good standing too.
The banks also did not close Jeffrey Epstein’s accounts, even though they were likely aware of what he was up to.
These are just a few examples of the blatant double standard.
If you are skeptical about whether men can get pregnant or if cow farts will destroy the planet, you should expect very different treatment than Jeffrey Epstein or people whose lies align with the military-industrial complex.
De-banking is another example of how formerly free societies are rapidly descending into high-tech totalitarianism.
It’s only prudent to expect de-banking to worsen as governments fall deeper into bankruptcy and become more desperate to maintain control. Controlling the narrative—partly by de-banking anyone with opposing views—is crucial for them to try to hold on to their power.
Today you can be de-banked for having the wrong opinion. Tomorrow you could be de-banked for even more trivial reasons.
For example, even if you loyally follow whatever the TV tells you to think, the banks may notice you are purchasing “too much” meat or gas and are therefore exceeding your monthly carbon allowance. In the name of saving the planet and maintaining their ESG scores, they’ll close your account.
Think that’s far-fetched?
Consider that already, today, Bank of America shares all gun purchases from its clients with the FBI. It would be naive to assume they and other banks don’t automatically share additional data.
Or that PayPal recently floated the idea of charging people $2,500 for promoting so-called “misinformation”—a vague propaganda term that really means “information the people in charge don’t want you to know because they’re afraid you will come to a conclusion they don’t like.”
It’s not hard to see where the de-banking train is going.
We’re only a few stops away from a full-blown social credit system.
There Is No Free Market in Money and Banking
Money is simply supposed to be something useful for storing and exchanging value.
Banks are simply supposed to be money warehouses.
However, that is not how it works today.
Governments have perverted money and banking into tools to control the population.
An unconvincing argument you may hear is that banks are private companies exercising discretion on their clients. They are within their right to de-bank whoever they want.
They say it is no different from a baker having the right to refuse to bake a cake for someone they don’t like.
You could make that argument if only there was a totally free market in money and banking… but there isn’t. Not even close.
Here’s a more accurate analogy.
Imagine a situation where the only bread available on the market is government bread, and the only way you could obtain such bread is through government-approved bakeries. Independent bakeries would not exist.
The government could then exert overt and subtle pressure on the bakeries to ensure they aligned with their preferred narrative by removing their permission to operate or threatening to. They could also impose fines, start invasive investigations, or add more regulations.
There would be no shortage of ways a bureaucrat could find to make things unpleasant for the bakeries.
The bakeries’ owners know such a dynamic exists, so they enthusiastically fall in line with the “current thing” to avoid problems.
Then, suppose it became known to the bakery that one of their customers had committed a thought crime. They wouldn’t hesitate to throw him to the curb, even if he had been a loyal customer for many years. It simply wouldn’t be worth the potential problems. Word would spread to other bakeries that he was trouble, and they’d avoid his business too.
Since the only bread on the market is government bread, which is only available from government-licensed bakeries, he would be unable to obtain bread.
A similar situation exists today in money and banking.
