Brussels Wants Your Savings. Von der Leyen Calls €10 Trillion in Bank Deposits Sitting Idle

Your deposit is not spare inventory for the Commission.

In Paris on Friday, Ursula von der Leyen told French business leaders that Europe has about €10 trillion in household bank deposits "sitting on the sidelines," and that the European economy must put that capital to work for its companies. The framing is central-planning speak for eyeing private savings after Brussels' own debt, climate, and regulatory pileups.

Bank deposits are private property and bank liquidity — not an idle pile waiting for a decree. Pair that talk with the digital euro track and capital-control chatter, and the liberty problem is obvious: once the state decides your cash is underused, the next step is directing it.

Source: https://www.zerohedge.com/economics/europes-von-der-leyen-wants-put-private-bank-deposits-under-state-direction