When the inflationary bubbles pop, fascist states impose currency restrictions. In short, people try to hedge themselves against the predatory policies of governments screwing around with the money. Governments react with hostility, whether it is Italy attempting to outlaw almost all cash transactions (avoiding taxes) or China clamping down on gold and silver (which it was advocating less than six months ago).
Just sitting here looking at the circling sharks.....................
EconomicPolicyJournal.com: China Bans Gold Exchanges:
'via Blog this'