So again, this is as you and I talked
from a financial repression perspective, this is a very empowering concept because it's putting control back in the hands of individuals and really away from governments and big companies because they're not needed as the middleman.
Not exact matches
We already knew that the Chinese
financial system was completely distorted
from years of regulatory
repression and crony capitalism, as a whole new report on finance in China by The Economist demonstrates (see the editorial here, and the report starting here).
The
Financial Repression Authority (FRA) educates investors, funds and retirees on the adverse risks resulting from good - intentioned macroprudential central bank and government policies and regulations focused on controlling excessive government debt, attempting to stimulate economic growth, and minimizing the potential for financial and economi
Financial Repression Authority (FRA) educates investors, funds and retirees on the adverse risks resulting
from good - intentioned macroprudential central bank and government policies and regulations focused on controlling excessive government debt, attempting to stimulate economic growth, and minimizing the potential for
financial and economi
financial and economic crises.
China steals
from its consumers (
financial repression) to aid its producers, who in turn give money to the Party, with whom the producers are in league.
And we all know that the phenomenon of «
financial repression» practiced by the world's central banks has conspired to keep interest rates low for the foreseeable future, which makes counting on highly taxed interest income
from fixed - income investments equally dodgy.
The size of the
financial repression tax was computed for 24 emerging markets
from 1974 to 1987.
However, when
financial repression produces negative real interest rates (nominal rates below the inflation rate), it reduces or liquidates existing debts and becomes the equivalent of a tax — a transfer
from creditors (savers) to borrowers, including the government.»
Negative interest rate policy, or NIRP, is the most recently deployed weapon of central bankers in their long campaign of
financial repression — a deliberate policy of depressing interest rates in order to transfer wealth
from savers (private citizens) to debtors (largely governments).