AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Financial Repression - The Pillars of Financial Repression
The authors write, the term financial oppression was introduced by edward shaw in 19 73 and ronald mc kennan in 19 73. Subsequently, the term became a way of describing emerging market financial systems prior to widespread financial liberalization that began in the 19 eighties. And overall, mal investment, starting with the most mal invested, which would be warfare, where you mobilize people in capital to go and destroy people in capital. Am grate point there.