The notion of confiscation (expropriation?) is not new ... it's happened before. However, taking at $200 and repricing at $10,000? Can you say total Anarchy?
I'll be moving somewhere far far away ... having said that, the US is broke, and so is most of Europe ... Some variation of the theme is really not that farfetched ...
In the next 10 to 20 years, governements that are providing for their aging population with a declining workforce will be forced to confiscate something. It's best to keep your back pocket well covered.
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