It’s a near inevitability that at some point the US will again enact official capital controls.
Foreign currency exchanges at the airports and in tourist areas give you the worst rates. Find out which forex platforms offer the best rates.
Capital controls are a favorite tool in a bankrupt or domineering government’s toolbox. You should be familiar with them and how to preempt them.
Capital controls are a favorite tool in a bankrupt or domineering government’s toolbox. You should be familiar with them and how to preempt them.
We should examine smaller states and those that are emerging. Some, like Hong Kong, Andorra, and the Cayman Islands, are well-established. Others, like Venice, bear watching, for they may provide the future of free-market self-determination.
When a currency crashes, people turn to whatever is the next best thing, and they do it quickly, because they need to buy groceries and gasoline and pay the electric bill.
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