The current political climate has created a divide where only certain political views are protected from being de-banked, raising concerns about fairness.

This debanking phenomenon has been particularly prevalent among crypto and fintech entrepreneurs over the last four years, as they face increasing pressure to protect established banks.

The government can exert pressure on private banks to debank individuals, effectively creating a privatized sanctions regime against American citizens.

The current administration has extended the concept of debanking to tech founders and political opponents, creating a chilling effect on innovation and entrepreneurship.

Deregulation of capital is seen as a weapon against democracy and socioeconomic rights, which is why capital controls were part of the Bretton Woods System.

The government needs to step in during banking crises, as seen in March 2023 when the Federal Reserve raised interest rates to combat inflation, leading to the collapse of Silicon Valley Bank and First Republic Bank.

People's anger towards banking CEOs stems from their violation of the social contract of leadership, sacrificing employees for their own interests.

The consolidation of the banking industry post-2008 has led to fewer new banks being created, which limits competition and innovation.

If capital flows are unregulated, they can create a 'virtual senate' of concentrated financial capital that imposes decisions on governments through the threat of capital flight, undermining democracy.