Armed Polite Society

Main Forums => Politics => Topic started by: AZRedhawk44 on October 12, 2012, 12:00:59 PM

Title: "Capital Controls" - Compulsory Savings and Mandated Non-Liquidity
Post by: AZRedhawk44 on October 12, 2012, 12:00:59 PM

http://www.sovereignman.com/expat/is-the-imf-now-recommending-capital-controls-8975/

IMF recommending to Spain that it should prohibit citizens from extracting money from Spanish banks and depositing into banks in more stable countries (Switzerland, Andorra, etc).

http://lewrockwell.com/williams-w/w-williams141.html

Walter Williams postulating how deficit-spending States in the US might affect a similar control, using the 10th amendment to abridge personal liberty.


Me:  Money is safest when "the bastards" can't find it.

Title: Re: "Capital Controls" - Compulsory Savings and Mandated Non-Liquidity
Post by: longeyes on October 12, 2012, 12:45:26 PM

Inevitable, wouldn't you say, baked into the cake?

What good is a worthless currency you can escape from?  It's not about the money, it's about the control.