Sunday, August 14, 2016

Governments Resort To Financial Repression
Once They Are No Longer Able 
To Finance Their Expenses
"Financial repression is a historically continuous process. Once governments are no longer able to finance their expenses with the means at their disposal, they always avail themselves of the financial repression toolbox. In view of the intractability of today’s situation, in which mountains of debt have long grown beyond the threshold of comprehensibility and structural deficits are obvious, savers have to be cautious. What can investors do? They should acknowledge that their wealth is under threat and obtain information on potential alternatives."
- Ronald-Peter Stoeferle
LINK HERE to the article

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