A Quasi-Bank Holiday Will Continue
March 27, 2013
Even through the Cypriot banks will “open” tomorrow, or so we are told, a partial holiday will continue through vicious capital controls. Businesses will be devastated, and individuals, too. All to “recapitalize” the crooked, bankrupt, fractional-reserve banks at the expense of everyone else.
The Best of Llewellyn H. Rockwell, Jr.
Llewellyn H. Rockwell, Jr., former editorial assistant to Ludwig von Mises and congressional chief of staff to Ron Paul, is founder and chairman of the Mises Institute, executor for the estate of Murray N. Rothbard, and editor of LewRockwell.com. He is the author of Against the State and Against the Left. Follow him on Facebook and Twitter.
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