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by cko
611 days ago
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Seizing it would also have the secondary effect of a mass exodus of investment capital from the country, like capital flight in China. A more reasonable way is to seize it is through taxation, either by a wealth tax or tax on unrealized gains, but it would be very difficult to implement. |
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Plus, the US government could just implement capital controls overnight (or better yet, in the night before), then the money would have nowhere to go.