Exact(1)
And if the government engineered "monetary repression" to keep long-term interest rates below the economy's nominal growth rate, effectively forcing banks to buy lots of government bonds, a few years' worth of higher inflation could do wonders to reduce the public debt.
Similar(58)
But because they do not control monetary policy, they could not resort to "financial repression"—reducing real debt burdens via inflation or low interest rates.
Many of the world's other large economies are part of a monetary union actively experimenting with a handful of financial-repression mechanisms.
More repression.
Maybe repression.
Repression fed extremism.
The emotional repression.
There was financial repression.
Repression was intense.
The repression is ubiquitous.
Social repression lingers.
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