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re: The Time Table for the Dollar

Posted on 12/4/12 at 1:12 am to
Posted by el duderino III
People's Republic of Austin
Member since Jul 2011
2391 posts
Posted on 12/4/12 at 1:12 am to
this is part of what I was trying to explain to you the other day. what bitcoin or it's successors may very well end up doing is forcing free capital mobility on developing countries, giving them only the choice between option 1 and 2. I don't think the economics world has really taken notice of the implications yet.

eta there's actually a growing trend towards arguing for more capital controls, and they might be ten or twenty years away from being impossible to enforce.
This post was edited on 12/4/12 at 1:14 am
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