Financial anonymity as we know it was invented in
Geneva, Switzerland, in the 16th century, by Protestant Reformation
leader John Calvin. In converting his pretty mountain lake town
into a refuge for Europeans fleeing marauding Catholic governments,
Calvin loosened papal restrictions on lending at interest and
embraced individual privacy as a means of self-defense against a
predatory state. But now, writes Reason editor in chief
Matt Welch, American politicians are systemically destroying the
right to confidential banking.
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