Well, we have swapped real assets for paper. Now we cannot even get the paper:
SEC Approves Eliminating Paper Certificates for Withdrawals-by-Transfer
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2 Comments
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Catherine, is this a precursor to the introduction of exchange controls?
With the value of these assets being priced in fiat currency, does it really matter that the sophistry being used is, dressed to protect? From my perspective, these ‘housekeeping’ issues will continue as the fate of the republic is sealed.