849-Friday Q&A: Remote Work, Giving Ad Hoc vs. Systematically, Investing Virtuously, Off-Shore Bank Accounts, Etc.
Radical Personal Finance
00:00
Moving Significant Assets Offshore Is a Good Idea
If you have $5,000 in a Canadian bank account, then you can know that at least I've got a little bit of money that's not subject to the same scrutiny or easy access as if it is all in the United States. But now that's different than if you really have more significant assets that you want to move offshore. My big fear is not a political protest. My fear is currency controls because what happens is they always implement currency controls when they run into a crisis of some kind.
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