Freedom of Money or Money Laundering Haven?

-6 points · 2 comments · view on lemmy.world

2 Comments

locuester@lemmy.zip · 2 pts · 117d (1 reply)

“Laundering” only exists as a concept in the absence of freedom of money.

Skyrmir@lemmy.world · 0 pts · 117d

Laundering is the movement of capital outside of labor controls. As long as labor is less mobile than capital, there will be a need for capital controls.