Tuesday, October 21, 2014

Will Our Private Savings Be Sacrificed To Pay Down The Public Debt?

http://www.zerohedge.com/news/2014-10-20/will-our-private-savings-be-sacrificed-pay-down-public-debt

Recently, an article by Daniel Amerman caught our attention. Titled Is There A “Back Door” Method For The Government To Pay Down The Federal Debt Using Private Savings?, it details the process known as financial repression, where sovereign debts are slowly paid off by syphoning private savings from an unaware populace.

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