Jim Rogers Talks Financial Repression

"History has shown many times that we are smarter than governments, politicians and the bureaucrats - but they don't like to give up power. When they make mistakes they blame it on us and try and make us pay for it! When they see a problem arise their first instinct is to try and suppress the public and markets. They try and do things they think will make things better, but of course it doesn't, and only makes things worse!"

Government Controls & Regulations

"When problems arise they put on exchange controls which is a time honored tradition of politicians and bureaucrats to correct mistakes they have made. We will have exchange controls in the US again - no question. We already have exchange controls to some extent such as FATCA and other things to make it more and more difficult for Americans to do anything as far as finances are concerned. They will put on trade controls, tariffs quotas - they will come up with all sorts of things."

Politicians don't know what they are doing. History proves many times that politicians make things worse instead of better because what they do since they don't know anything themselves, they ask the bureaucrats how they can save themselves. The bureaucrats rush in and say "this is the way you save yourself". "It isn't your fault, it is the markets fault and those evil speculators and the people! They then come up with regulations and controls. They don't know what they are doing!"