Paul Joseph Watson
Updated October 17, 2013
Chase needs to issue a statement clarifying exactly why they are imposing these capital controls.
It is clear that these regulations are being enacted for three different but equally plausible reasons, all of which contribute to the ultimate goal of sacrificing the global economy on the altar of derivative monster zombie banks.
1) Capital controls to prevent money leaving the country as the US dollar continues to devalue. Note that Chase will allow international wire transfers coming in, but not going out of the accounts. Note that they are only concerned about “risks” when the money is being moved out of the account.
2) Forcing businesses to abandon cash and switching everything over to digital currency that can be more easily tracked, traced and controlled.
3) Part of the preparatory phase for Cyprus-style bail-ins where the government announces a new “tax” to gouge out a percentage of people’s savings.
Finally, we’ve seen the IRS attempting to bar Americans from leaving the country simply if the IRS has opened an investigation on them. This isn’t shades of tyranny, this is hardcore authoritarianism and everyone should be concerned. If you were planning on getting your money out of the country, now is the time. If you haven’t withdrawn your cash from the bank, you should have done it yesterday.