Sentences with phrase «practiced financial repression»

Their sample included a lot of small OPEC countries, who necessarily had high growth and low interest rates when oil prices were high, as well as a lot of Asian countries that followed the Japanese development model and themselves practiced financial repression, which of course made them pretty useless as points of comparison.

Not exact matches

Although it's true that financial repression has traditionally been practiced using the stick of high mandatory reserve requirements, whereas the Fed has instead been employing carrots in the shape of ON - RRP and IOER interest incentives, the ultimate result — more credit for the government, and less for everyone else — is the same.

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.