“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:
The War on Drugs Is Far More Immoral Than Most Drug Use
Why US government IT fails so hard, so often
Poor Economy = Low Gold Price?
Pot And Pregnancy: It’s Harmless, So Why Are Moms Still Prosecuted?
Breaking the last taboo - Gaza and the threat of world war
Realism versus Nonintervention
"I'm Going to Take Him Out"
Police Are More Dangerous To The Public Than Are Criminals
Glenn Greenwald at Yale Law School: "With Liberty and Justice for Some"
The Logic of the Police State
Our Huge, Stinking Mountain of Debt: Student Loans
Lessons from Economic Crises in Argentina
A Congregation of Liars: The U.S. Government
A Day in the Life of a Regulated Financial Professional
Tyler Winklevoss: Digital Darwinism