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mk  ·  4578 days ago  ·  link  ·    ·  parent  ·  post: Iceland has Capital Controls
Sounds like they could just ease off capital controls at a reasonable pace. All in all, they fared pretty well concerning the magnitude of the jam they were in. Depreciation isn't a panacea, but it does a heck of a lot of good in a massive credit crunch. Maybe adopting the looney would be a good move? I have no idea there.