Banks cancelling accounts: Is it Orwellian?
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Last time I were in Coutts they came straight out and asked me if I advocated the abolition of the wages system. Boxed clever and told them ‘No’ (even though I do). Suckers!
Nigel Farage was interviewed on BBC radio 4 this morning after having obtained the resignation of the chief executive of NatWest Bank. At the end he mentioned that what he saw as the danger of “central bank digital currency”. He has been complaining against this for years. Here’s a recent tweet from him:
Central Bank Digital Currencies will give the state total control over our lives. This must be resisted. https://t.co/3QwqbkkPjD
— Nigel Farage (@Nigel_Farage) February 7, 2023
This has become a big issue for the “libertarian” fringe in British politics. They see it as a totalitarian attempt by governments to keep an eye on how people spend their money.
For instance, the Reform Party (the successor to the Brexit Party) candidate in the Somerton and Frome by-election said “oppose a cashless society and central bank digital currency” and one of Piers Corbyn’s slogan in his election address in Uxbridge was in bold capitals KEEP CASH.
We’ve got a better idea of course:
https://socialiststandardmyspace.blogspot.com/2009/11/smash-cash.html?m=1
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