10 September 2011

Slippery Slope to expropriation?

Reports that authorities in certain countries have begun to limit or control the purchase and sale of gold indicate that the political kleptocracies ruling in most countries will stop at nothing to keep their wasteful spending policies going. As always, the lame excuse of combatting money laundering provides a convenient fig leaf - when the whole world knows that ill-advised government policies are the real cause of most - if not all - major crimes.