AnCaps
ANARCHO-CAPITALISTS
Bitch-Slapping Statists For Fun & Profit Based On The Non-Aggression Principle
 
HomePortalGalleryCalendarFAQRegisterLog in
 

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

View previous topic View next topic Go down 
AuthorMessage
CovOps

avatar

Female Location : Ether-Sphere
Job/hobbies : Irrationality Exterminator
Humor : Über Serious

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



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

State repression
_________________
Anarcho-Capitalist, AnCaps Forum, Ancapolis, The Dark Side, Post-Apocalypse, OZschwitz Contraband
Back to top Go down
 

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

View previous topic View next topic Back to top 
Page 1 of 1

Permissions in this forum:You cannot reply to topics in this forum
 :: Anarcho-Capitalist Categorical Imperatives :: AnCaps' Laissez-faire Free Trade Zone-