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Financial Repression

By       Message Paul Craig Roberts     Permalink    (# of views)

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From youtube.com/watch?v=NarSHijRJNA: Financial Repression -- wealth transfer from savers to debtors
Financial Repression -- wealth transfer from savers to debtors
(Image by YouTube)
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Gordon T. Long, of Market Research & Analytics believes that financial repression is going on on several fronts conducted by different people for their own agendas, though they all seem to be mutually supporting.

I agree. I think there is a lot of collusion. For example the government colluded with the banking system in financial deregulation. For example they repealed Glass-Steagall. They expressed this absurd claim that financial markets are self regulating. They turned the financial system into a gambling casino where the bets are covered by the taxpayer and central bank.
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Dr. Roberts was Assistant Secretary of the US Treasury for Economic Policy in the Reagan Administration. He was associate editor and columnist with the Wall Street Journal, columnist for Business Week and the Scripps Howard News Service. He is a contributing editor to Gerald Celente's Trends Journal. He has had numerous university appointments. His books, The Failure of Laissez Faire Capitalism and Economic Dissolution of the West is available (more...)
 

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