Is it Time for European Banks to Shine? w/ Seamus Murphy
Real Vision: Finance & Investing
00:00
The Future of Financial Repression
Do you see financial repression returning after the excess savings burn off and base effects on wages stabilised? Or do you see an enduring wage, you know, upward wage pressure for years? Well, I suppose the financial repression question is probably one of the most important questions one can ask me in terms of ultimately where did we end up? "Central banks won't go down without a fight. So I think financial repression comes after we have had that fight," he says.
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