“I’m quite serious about what I said about ‘the grim reality of impending currency controls.’ As the global economy continues to deteriorate, governments will have to appear to be ‘doing something.’ It’s going to become very fashionable to institute some sort of foreign exchange control. Why might that be? Because obviously, people who are taking their money out of the country are unpatriotic…”
http://www.caseyresearch.com/articles/doug-casey-internationalizing-your-cash
Related posts:
Licensed to Kill: Growing Phenomenon of Police Shooting Unarmed Citizens
Lisa Bowman: My Encounter With The Borg
The enduring mystery of U.S. offshore cash
Central Planning Ignores the Needs of Women
Destroying the middle ground
A Special Relationship: The U.S. is teaming up with Al Qaeda, again
Detlev Schlichter: What is wrong about the euro, and what is not
10 Reasons Why You Have to Quit Your Job This Year
The Chart of the Century
Bill Bonner: Jailhouse humour
Learn Bobby Tay’s $2.7 Trillion Sigma Secret
Now That Hybrids Have Become Popular…
Bill Bonner: The Fed’s Childishly Naïve Theory of Credit
Fleecing the Taxpayer in the Age of Petty Tyrannies
The Man Who Almost Stopped Julius Caesar