Penning the Sheep for a Shearing—Capital Controls, Part 1

“It’s not exactly a secret that the West generally and the US in particular are moving deeper into bankruptcy and are seeking more and more control over all facets of their citizens’ lives. These trends will sooner or later lead to an overt attempt to control the flow of money in some way—just as they have in other countries throughout history that have headed down similar paths.  It’s crucially important to your financial future that you understand what capital controls are, how and why they are implemented, the harm they can cause, and what you can do to protect yourself.  This is because I believe it is a near certainty that the US dollar will lose its role as the world’s premier reserve currency.”

http://www.internationalman.com/articles/penning-the-sheep-for-a-shearing-capital-controls-part-1

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