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Financial Repression:

Russell Napier 14/July/21
- Market strategist Russell Napier talks about why he sees structurally rising inflation coming, why central banks are impotent – and what that means for investors. https://themarket.ch/interview/russell-napier-we-are-entering-a-time-of-financial-repression-ld.4628

Inflationary forces:

Deflationary forces:

“There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved.” – Ludwig von Mises (Austrian School of Economics).

Debt Trap

Nouriel Roubini 22/Sept/21
- "(Bloomberg) -- Nouriel Roubini -- renowned for foreseeing the mortgage collapse that helped produce the 2008 financial crisis -- said the post-pandemic world seems to be heading toward a repeat.
- “My concern is that we are in a debt trap,” Roubini, chairman and chief executive officer of Roubini Macro Associates
“We are in a debt super cycle,” he said. “And eventually, central banks are in a trap. People said they are going to normalize policy rates, but with these levels of private and public debt, if they were trying to do that, there will be a market crash, an economic crash, and therefore, I think the path of least resistance is going to be to wipe out the real value of nominal debt at fixed-interest rates with higher inflation.” https://finance.yahoo.com/news/roubini-says-dr-realist-warning-141111449.html

What the future holds.