Wasn't always so, even in my short lifetime, so I guess it's a nice sound bite. Capital controls were a normal, and expected, thing between countries. The US o

Wasn't always so, even in my short lifetime, so I guess it's a nice sound bite. Capital controls were a normal, and expected, thing between countries. The US of A started throwing its weight around to break down Bretton Woods got us to now. (Oversimplified for brevity) Go back to pre WW1 and people were fully mobile with few countries having border controls or passport/visa requirements but most having capital controls.