Is financial repression on the agenda?

20/05/2011

Two posts suggest it should be. Aidan Regan proposes that we should go beyond the pension levy and how, through taxation and capital regulation, generate resources for investment and to pay existing debt. In a separate post, Michael Taft suggests the Government borrow from pension funds at negotiated rates to fund an expansionary investment programme. Both conclude there are better ways to put private savings to work for the economy than is currently being pursued.

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