Carmen Reinhart warns that "financial repression" will be with us for a long time with a public...

|By:, SA News Editor

Carmen Reinhart warns that "financial repression" will be with us for a long time with a public debt overhang that will be impossible for policy makers to ignore. The latest buzz-phrase being bandied around by economists essentially refers to the negative real interest rates that bondholders and savers will see on their investments emanating from policy decisions.