PAF
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- Feb 26, 2012
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September 12, 2025
Banks were once seen as the safest place to keep your money—but is that still true today? In this interview, Phillip Patrick breaks down why the modern banking system has become a threat to financial freedom. We discuss recent bank failures, the risks of government “bail-ins” under Dodd-Frank, and the growing concerns over privacy in an age of digital payments and constant credit card tracking. We also take a hard look at how the Federal Reserve fuels instability and what everyday Americans can do to protect themselves.
Topics Covered:
Why banks may no longer be “safe”
Lessons from recent bank collapses
Bail-ins vs. bailouts explained
Digital surveillance and the future of money
The Federal Reserve’s role in the crisis
Practical steps to safeguard your wealth
Banks were once seen as the safest place to keep your money—but is that still true today? In this interview, Phillip Patrick breaks down why the modern banking system has become a threat to financial freedom. We discuss recent bank failures, the risks of government “bail-ins” under Dodd-Frank, and the growing concerns over privacy in an age of digital payments and constant credit card tracking. We also take a hard look at how the Federal Reserve fuels instability and what everyday Americans can do to protect themselves.
Topics Covered:Why banks may no longer be “safe”
Lessons from recent bank collapses
Bail-ins vs. bailouts explained
Digital surveillance and the future of money
The Federal Reserve’s role in the crisis
Practical steps to safeguard your wealth
