spyguy Posted March 14, 2012 Share Posted March 14, 2012 Buttonwood's been banging on about this for a few years: http://www.economist.com/blogs/buttonwood I heard Paul Mason say it last night at the start of last night bearfest on Newsnight. That was the first time I'd heard the phrase on main stream media. Admittingly, I doing less main stream news In short, financial repression is ts screwing your savers. Problem is, apart from a short term, how do you do it in the medium to long term when there are no capital controls and very a shrinking number of savers? Quote Link to comment Share on other sites More sharing options...
spyguy Posted March 14, 2012 Author Share Posted March 14, 2012 Paul Mason's blog: http://www.bbc.co.uk/news/business-17301032 'Repressionomics - can 'financial repression' solve debt crisis?' Quote Link to comment Share on other sites More sharing options...
LuckyOne Posted March 14, 2012 Share Posted March 14, 2012 The PIMCO lads have been using the term for a while to describe the "theft" of savings for the benefit of borrowers. The main tools available are inflation, taxes or default. Quote Link to comment Share on other sites More sharing options...
nmarks Posted March 14, 2012 Share Posted March 14, 2012 (edited) It goes alongside news suppression, something they've been doing for many years now. It's been said that the price of freedom is eternal vigilance. From the mid-nineties onwards, the population decided it didn't want to be burdened with uncomfortable facts and instead wanted to hear news they found palatable, so they could go about playing in their pretend world of rainbow skies, chocolate rivers and ever increasing house prices. That has culminated in economic catastrophe and much of the detail still remains concealed from the MSM audience. Well, we wouldn't want to scare the kidults would we? Unfortunately, even if they still refuse to take the bad news, the serious matter of colossal debt still remains. And this is why news suppression has evolved and sprouted the new arm of financial repression. Edited March 14, 2012 by nmarks Quote Link to comment Share on other sites More sharing options...
Game_Over Posted March 14, 2012 Share Posted March 14, 2012 It goes alongside news suppression, something they've been doing for many years now. It's been said that the price of freedom is eternal vigilance. From the mid-nineties onwards, the population decided it didn't want to be burdened with uncomfortable facts and instead wanted to hear news they found palatable, so they could go about playing in their pretend world of rainbow skies, chocolate rivers and ever increasing house prices. That has culminated in economic catastrophe and much of the detail still remains concealed from the MSM audience. Well, we wouldn't want to scare the kidults would we? Unfortunately, even if they still refuse to take the bad news, the serious matter of colossal debt still remains. And this is why news suppression has evolved and sprouted the new arm of financial repression. Listen, - I am still crayoning And you are spoiling my fun. Quote Link to comment Share on other sites More sharing options...
Game_Over Posted March 14, 2012 Share Posted March 14, 2012 Finished! Quote Link to comment Share on other sites More sharing options...
Shrink Proof Posted March 14, 2012 Share Posted March 14, 2012 An air burst 5 miles away... Quote Link to comment Share on other sites More sharing options...
Conquistador Posted March 14, 2012 Share Posted March 14, 2012 An air burst 5 miles away... Looks like a groundburst to me! Quote Link to comment Share on other sites More sharing options...
nmarks Posted March 14, 2012 Share Posted March 14, 2012 Finished! You are Bob Ross and I claim my five pounds. Quote Link to comment Share on other sites More sharing options...
Game_Over Posted March 14, 2012 Share Posted March 14, 2012 http://upload.wikimedia.org/wikipedia/en/thumb/7/70/Bob_at_Easel.jpg/220px-Bob_at_Easel.jpg That's me Quote Link to comment Share on other sites More sharing options...
Self Employed Youth Posted March 14, 2012 Share Posted March 14, 2012 Finished! Nuclear bomb exploding over London? Quote Link to comment Share on other sites More sharing options...
Game_Over Posted March 14, 2012 Share Posted March 14, 2012 Nuclear bomb exploding over London? The people most likely to set off a nuclear bomb in London live in London So London is the least likely target I think that's the logic anyway Quote Link to comment Share on other sites More sharing options...
oracle Posted March 14, 2012 Share Posted March 14, 2012 Nuclear bomb exploding over London? well you need to listen to a bit of radio!!..can't say they ain't giving you hints with the playlists. ..ok most of the modern ones are just total brainwashing,about as subtle as a sledgehammer(oop...peter gabriel thrown into the mix there..sorry!). I prefer the subliminal oldies mix! Quote Link to comment Share on other sites More sharing options...
AC44 Posted March 14, 2012 Share Posted March 14, 2012 at least now we can call QE with its real name,,, Financial repression.. Suspect QE was some kind of PR idea in the BoE. The question now, is how fast can we move our money out of this place. Quote Link to comment Share on other sites More sharing options...
nmarks Posted March 15, 2012 Share Posted March 15, 2012 Finished! You any good with a pencil? My link Quote Link to comment Share on other sites More sharing options...
Game_Over Posted March 15, 2012 Share Posted March 15, 2012 (edited) You any good with a pencil? My link I'm not allowed pencils anymore because apparently, stabbing someone in the eye with a pencil is 'not acceptable behaviour' Edited March 15, 2012 by Game_Over Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.