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How Financial Repression Flattens Your Savings

How Financial Repression Flattens Your Savings

Published by Philippe Herlin | Apr 2, 2015

“Financial repression” destroys the economy from within. When an over-indebted country is unable to reduce its deficit (or refuses to do it in order to continue financing its voting constituency) it exposes itself to market defiance and fleeing investors. In spite of that, in order to avoid this...

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