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...yeah, but also capital controls make sense. you don't want foreign currency to inflate your economy, as you don't want too much of your currency going abroad
by kome 3y ago
...yeah, but also capital controls make sense. you don't want foreign currency to inflate your economy, as you don't want too much of your currency going abroad. it's not like capital controls are made for fun.
Ofc they are not in the interest of everybody, but usually they are for the greater good.
And despite what the IMF was hammering in the 90s: yes, they really work. (also the IMF backpedaled on this)
- latchkey 3y ago> but usually they are for the greater good In your opinion. That is like Jamie Dimon saying that bitcoin is a pet rock and is only used for bad stuff, while also being Epstein's banker. https://twitter.com/yahoofinance/status/1749820534790205767 https://twitter.com/yahoofinance/status/1749820534790205767