BMG Bullion’s Nick Barisheff sees government policy described as financial repression as a hidden form of taxation & a hidden method of transferring wealth from investors to the government .. advises investing in gold as the most effective solution to financial repression .. “Financial repression is a hidden form of taxation and a hidden method of transferring wealth from investors to the government. Again, this makes sense when we accept that the debt owed to privately owned banks, like the Federal Reserve, must be addressed through indirect means. Without the option of austerity, blatant direct taxation and increasing interest rates, governments are forced to employ the three methods of debt reduction available to them in a more secretive way” – indirect taxation inflation; the involuntary assumption of government debt by its citizens; debasement or inflation brought about through unbridled currency creation & capital controls.

Nick Barisheff BMG Bullion www.bmgbullion.com

LINK HERE to the paper

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