Gordon Long Video Interview of Mish: Topic - Financial Repression (and How to Defend Yourself From I

IMG Auteur
Published : October 02nd, 2014
202 words - Reading time : less than a minute
( 0 vote, 0/5 )
Print article
  Article Comments Comment this article Rating All Articles  
0
Send
0
comment
Our Newsletter...
Category : Opinions and Analysis

I had the pleasure of being interviewed by Gordon Long last week. Gordon is publisher and editor of Macro Analytics.

The topic was "Financial Repression".

What is financial repression? I defined it as "a set of fiscal and monetary policies for the expressed benefit of the ruling class: politicians, banks, and the already wealthy, at the expense of everyone else."

In the video, I give numerous examples of repression, noting that central bank sponsored inflation is the epitome of financial repression.

We also discuss what to do about financial repression.

The video is about 30 minutes long.



There is one chart in the video that Gordon used to reflect a point I made on inflation. The chart is from Shadowstats, a methodology to which I disagree.

I do believe inflation statistics are a mess but in different ways than Shadowstats. I talked about this recently in my blog Housing Prices, "Real" Interest Rates, and the "Real" CPI.

Also consider GDP, Real GDP, and Shadowstats "Theater of the Absurd" GDP.

Other than that single chart, Gordon did an excellent job of putting together visuals to accompany our video discussion.

Again, it was a pleasure to be on with Gordon.

Mike "Mish" Shedlock
http://globaleconomicanalysis.blogspot.com

<< Previous article
Rate : Average note :0 (0 vote)
>> Next article
IMG Auteur
Mish 13 abonnés
Mike Shedlock / Mish is a registered investment advisor representative for SitkaPacific Capital Management. He writes a global economics blog which has commentary 5-7 times a week. He also writes for the Daily Reckoning, Whiskey & Gunpowder, and has over 80 magazine and book cover credits. Visit http://www.sitkapacific.com
WebsiteSubscribe to his services
Latest topics on forum :
Comments closed
Latest comment posted for this article
Be the first to comment
Add your comment
Top articles
World PM Newsflow
ALL
GOLD
SILVER
PGM & DIAMONDS
OIL & GAS
OTHER METALS