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07/13/2014 - Causing Inequality through Increasing Property Taxation

The Coming US “Tax Overhaul” Has a Different Goal In Mind than the Public Thinks!

RESEARCH STUDY: THE EFFECT OF RISING INCOME INEQUALITY ON TAXATION AND PUBLIC EXPENDITURES: EVIDENCE FROM U.S. MUNICIPALITIES AND SCHOOL DISTRICTS, 1970–2000

INCREASED LOCAL PROPERTY TAXATION IS COMING AS FINANCIAL REPRESSION TRANSFERS DEBT TO RESIDENTIAL OWNERS

READ MORE: Inequality Is Forcing US Towns To Try Scandinavia-Style Taxation — And It’s Working 07-13-14 BI

Disclaimer: The views or opinions expressed in this blog post may or may not be representative of the views or opinions of the Financial Repression Authority.


07/11/2014 - Modern Financial Repression Grounded

According to Mises, the problem is not low consumption but low saving.

Why Fiat Money Is “A Large-Scale Fraud System” 07-11-14 Ryan McMaken of Mises Economic blog,via ZH

The Center for Financial Studies in Frankfurt reports on a recent talk given by Thorsten Polleit:  

READ MORE: Thorsten Polleit on the “planned chaos” of money

A Core Tenet is the De-Incentive & Discouragement of SAVINGS

We had CAPITALISM:

SAVINGS was reinvested as CAPITAL INVESTMENT

We now have CREDITISM:

CREDIT is created and spent on CONSUMPTION

According to Mises, the problem is not low consumption but low savings

Disclaimer: The views or opinions expressed in this blog post may or may not be representative of the views or opinions of the Financial Repression Authority.


07/02/2014 - Expropriation is Back on the Policy Table as Global Economic Woes Worsen

Expropriation Is Back on the Policy Table as Global Economic Woes Worsen  Martin Armstrong of Armstrong Economics,

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07-04-14-FINANCIAL_REPRESSION-Lagarde-Christine Is Christine Lagarde The Most Dangerous Woman In The World?

Disclaimer: The views or opinions expressed in this blog post may or may not be representative of the views or opinions of the Financial Repression Authority.


07/02/2014 - Regulators Ready Money-Fund Rules

Regulators Ready Money-Fund Rules 07-10-14 WSJ

FINANCIAL REPRESSION REGULATIONS WILL PREVENT YOU FROM EXITING YOUR MONEY MARKETS (CASH) AT TIME OF TURMOIL

07-10-14-THESIS-FINANCIAL_REPRESSION-Money_Market_FundsSEC Vote Could Come as Early as This Month

Yellen called for what she termed:

“A more robust macroprudential approach.

In fact she used that word macroprudential no fewer than29 times. For those not fluent in Fedspeak, what she meant is that we can deal with financial instability through increased regulation procedures

Monetary Policy and Financial Stability – Remarks by Janet L. Yellen Chair Board of Governors of the Federal Reserve System

The 2014 Michel Camdessus Central Banking Lecture International Monetary Fund Washington, D.C.

July 2nd, 2014

  • *YELLEN: `WE HAVE MUCH TO LEARN’ IN MACROPRUDENTIAL OVERSIGHT
  • *YELLEN: MACROPRUDENTIAL RULES SHOULD BE MAIN STABILITY DEFENSE
  • *YELLEN: STABILITY BEST PROMOTED BY MACROPRUDENTIAL OVERSIGHT

Disclaimer: The views or opinions expressed in this blog post may or may not be representative of the views or opinions of the Financial Repression Authority.


07/01/2014 - Jim Rickards – Financial Repression on Retirees & Savers

Excerpt from Jim Rickards’ submitted testimony as a witness in the Senate Banking Committee’s Subcommittee
LINK HERE to download the testimony

6. Eroding trust and credibility. Economics has been infused in recent decades with the findings of behavioralists and social scientists. While this social science research is valid, the uses to which it is put are often manipulative and intended to affect behavior in ways deemed suitable by Fed policy makers. This approach ignores feedback loops. As retirees realize the extent of market manipulation by the Fed they lose trust in government more generally.
05-30-14-GRAPHIC-Retirement The Fed has resorted to repetitive bouts of cheap money for extended periods. This monetary ease has found its way into inflated asset values that in turn provided collateral for debt-driven consumption. These binges drove the economy until the inevitable asset bubble collapses caused a contraction in consumption and launched another cycle. At no time were savers rewarded for prudence.”

Disclaimer: The views or opinions expressed in this blog post may or may not be representative of the views or opinions of the Financial Repression Authority.


07/01/2014 - The Global Hunt for Taxes

The Global Hunt for Taxes IceCap

IMF’s Recommendation for a Global Wealth Tax

FULL IMF REPORT

Read More

07-04-14-FINANCIAL_REPRESSION-imf-Large

 

Disclaimer: The views or opinions expressed in this blog post may or may not be representative of the views or opinions of the Financial Repression Authority.


04/29/2014 - John Rubino on Financial Repression

Disclaimer: The views or opinions expressed in this blog post may or may not be representative of the views or opinions of the Financial Repression Authority.


04/23/2014 - Gordon T Long on Financial Repression

Disclaimer: The views or opinions expressed in this blog post may or may not be representative of the views or opinions of the Financial Repression Authority.