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 Oppressive China Launches New Capital Controls: Puts $15,000 Annual Cap On Overseas ATM Withdrawals

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CovOps

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Oppressive China Launches New Capital Controls: Puts $15,000 Annual Cap On Overseas ATM Withdrawals Vide
PostSubject: Oppressive China Launches New Capital Controls: Puts $15,000 Annual Cap On Overseas ATM Withdrawals   Oppressive China Launches New Capital Controls: Puts $15,000 Annual Cap On Overseas ATM Withdrawals Icon_minitimeSun Dec 31, 2017 9:32 pm

Nothing scares the central planners, the political control freaks, like economic liberty. This is because their power is derived in large part from restricting the liberty of others.
New money scares the establishment because with new money come new ideas. With new ideas old power structures begin to crumble.
The people who run “the show” are not interested in any new challenges whether those people are in the Chinese Politburo, or in the boardrooms of the Federal Reserve. Kings always resent those who are not compliant subjects. They fear when the “subjects” have economic freedom, or even a degree of it. History has shown us this over and over. Better to have a population reliant on the state (think Social Security – this is a broad statement, don’t flip out SS fans) than a prosperous and independent population.

Oppressive China Launches New Capital Controls: Puts $15,000 Annual Cap On Overseas ATM Withdrawals Pexels-photo-569380-565x377

https://www.ac2news.com/2017/12/china-launches-new-capital-controls-puts-15000-annual-cap-on-overseas-atm-withdrawals/

State repression
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