>and then stop letting people take it out of the country on bogus national secur... | Hacker News

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icpmacdo on July 7, 2014 | parent | context | favorite | on: U.S. Banks Curtail International Money Transfers

>and then stop letting people take it out of the country on bogus national security claims.

What is the motive for keeping the money in the country? I'm not disagreeing I'm just unsure why that is a stipulation.

rtpg on July 7, 2014 | [–]

Makes it a lot easier to manipulate the value (especially if you aren't importing a lot) of the money.

mappu on July 7, 2014 | | [–]

Encourages you to spend it locally instead, supporting the nation's economy.

alexscheelmeyer on July 7, 2014 | [–]

Also discourages its citizens from leaving the country.

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