Apparently lessons from history are forgotten once the book is closed. Or, perhaps, the ego makes us think that this time will be different.
The prohibition of alcohol from 1920 to 1933 did not stop its consumption in the United States. A black market run by bootleggers quickly materialized to meet the demand that legislation couldn't curtail (control).
Gold trade in Vietnam will continue, either officially or underground, as long as demand exists.
Headline: Vietnam eyes ban on unofficial gold bullion trade
Vietnam is planning to ban unofficial trade in gold bars in a fresh bid to strengthen its struggling currency, state media reported Monday.
The central bank is preparing a draft decree that would prevent gold shops from trading bullion, Vietnam News Agency (VNA) said, citing an unnamed central bank official.
Source: asiaone.com
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