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Subject:  Re: Financial Repression: why you should care Date:  12/13/2012  11:06 PM
Author:  OrmontUS Number:  411261 of 536591

I have been using the lack of the Fed's constraints on foreign currency/equity markets for extracting return that was not available in the US. It is fortunate for me that, while many (most?) US multinational firms take investing outside the US for granted, most American individual investors don't. If this became popular I would think that constraints on funds leaving the country would be put into place.

Fortunately, most Americans feel that it is somehow unpatriotic, possibly illegal and certainly distasteful (not to mention neurotic considering their perception of the strength of the US economy and how rickety everyone else's is perceived to be) for someone to ship their real American dollars abroad and trade them for Monopoly money.

Can't seem to get enough of this (the song, that is) :-)

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