Financial Repression: A Sheep Shearing Instruction Manual

[rockhopper]

sorry if this has been posted before , but I searched on "financial repression" and this didnt come up.

Found a reference to it in a comment by "Alex Eames" on Shaun Richards (formerly notayesman economics)

blog . (this is just for reference ... the actual link is the next one)

http://www.mindfulmoney.co.uk/wp/shaun-richards/the-us-unemployment-sitution-continues-to-worsen-and-why-did-the-iea-release-some-oil-reserves/

It is a safehaven article but references a pdf on financial repression hosted by the Imf (!).

http://www.safehaven.com/article/21228/financial-repression-a-sheep-shearing-instruction-manual

and the imf article

http://www.imf.org/external/np/seminars/eng/2011/res2/pdf/crbs.pdf

had seen the phrase but not realised it had a specific meaning .

Hope its of interest to others ... explains the high inflation and low interest rates etc.

rockhopper

[scepticus]

Absolute waste of time that safehaven article. It just regurgitates the wisdom outlined in the original paper, adds a bunch of personal bias to it and then completely fails to give any practical advice as to what approaches actually avoid being sheared.

Clearly, the man has no idea what you would actually do, oh apart from 'educate yourself''.

Well, now we all know what to do don't we?

[billybong]

There is a way to beat Financial Repression. How? Succinctly phrased: the first step is to stop thinking like a sheep and start thinking like a shepherd.

I imagine that partly explains the arab spring.

[rockhopper]

Absolute waste of time that safehaven article. It just regurgitates the wisdom outlined in the original paper, adds a bunch of personal bias to it and then completely fails to give any practical advice as to what approaches actually avoid being sheared.

Clearly, the man has no idea what you would actually do, oh apart from 'educate yourself''.

Well, now we all know what to do don't we?

you're right in that it doesnt say anything more useful than the pdf , and doesnt give any useful advice ,

but it does provide a readable intro , rather than a 66page pdf , which for me requires a download and then

to use a pdf reader on it .

@billybong ... I expect your right

rockhopper

[_w_]

bump, post of the week

[Maggot_with_halitosis]

I think that safehaven article is suggesting that we should all go out and buy border collies.

Useless.

Re. the oil situation, more fiddling, fiddling, fiddling: http://www.moneyweek.com/blog/how-qe2-is-forcing-the-west-to-release-emergency-oil-reserves-54327

[Maggot_with_halitosis]

Here's a more succinct summary: http://www.moneyweek.com/news-and-charts/economics/uk/the-least-of-all-evils-53903