Research and analyze the following subject
Key Point: You must clearly explain your understanding of the term Financial Repression and then answer the questions below. Please include source(s)
Financial Repression
Some politicians and financial/economists argue that the U.S. must embark upon an era of “financial repression” in which wealth must be kept from fleeing the country and must be taxed heavily within the country.
a. What would be the rationale for financial repression, as defined above? Any arguments against it?
b. As part of financial repression, it can be argued that savers should be prevented from any significant real returns on their savings and investments. What would that accomplish?