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The Bank Secrecy Act Delivers A Lopsided Privacy Tradeoff

Cato Podcast

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The Tradeoff Between Privacy and Security

Every American who is actively involved in the financial system, which is almost every American, gives up some privacy. Our financial activity reveals our profession, our religion, our relationships, and so much more. And it's something that we don't really realize because it's a little bit hidden. If you're not looking at all your bank statements, you might not recognize that that's going on.

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