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Financial Repression Coming?

Tue 17 May 11 | 07:15 PM ET
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Financial Repression Coming?

Tue 17 May 11 | 07:15 PM ET
Mohamed El-Erian, the co-CEO of the world's largest bond fund, is warning that financial repression- meaning that the government will keep interest rates abnormally low- is coming to America with higher inflation. Is he right? Mark Perry, University of Michigan, and Matthew Slaughter, Tuck School of Business, discuss.
 
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