The Picture of Financial Repression

If you are an aging retiree I don’t know where you hide… 

(…) Those holding US government debt are now expected to be losing nearly a percent per year when inflation is taken into account. It’s difficult to comprehend how a money manager (including institutional investors) with any sort of a fiduciary responsibility be long treasuries at this point. Yet many still are. 

1 thought on “The Picture of Financial Repression

  1. First off I want to say superb blog! I had a quick question that I’d like to ask if you don’t mind.

    I was curious to know how you center yourself and clear your head before
    writing. I have had a difficult time clearing
    my thoughts in getting my ideas out there. I do enjoy writing
    but it just seems like the first 10 to 15 minutes tend to be lost
    just trying to figure out how to begin. Any recommendations or hints?

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