[The Old Hoosier]

Sounds like a good way to discourage people from using banks and encourage them to put their money in overseas accounts.

Foreigners with money here would also go elsewhere.

[general_re]

Sounds like a good way to discourage people from using banks and encourage them to put their money in overseas accounts.

Plus you get to watch interest rates shoot up as banks try to persuade people to ignore that 5% banking penalty (2.5% on the way into your account, 2.5% on the way back out). What fun. Where do we sign up?