Re:Safe Deposit Boxes Aren’t Safe (2019)
by ozim on Saturday January 07, 2023 @07:55AM
(#34287612)
"Narcos" might not be fully factual - but I think Colombian drug cartels were burying cash.
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Re:Safe Deposit Boxes Aren’t Safe (2019)
by sbaiddn on Saturday January 07, 2023 @08:53AM
(#34287956)
When you have their volumes of cash its impossible to launder it.
They don't burry their cash because it makes sense to do so. They do it because it would be impossible to buy that much gold. Or much of anything, really. I wouldn't be surprised if, after expenses, the Treasury is the largest beneficiary of the drug trade through seignorage