Utermann: Suffering a Generation of Financial Repression

The video discusses the ongoing financial repression by central banks, which have not normalized policies due to unmet inflation targets. It questions the effectiveness of current economic mandates and explores investment strategies in this uncertain environment. The video also highlights the clash of economic philosophies within the Eurozone, particularly between fiscal orthodoxy and expansion. Finally, it considers financial repression as a long-term strategy to manage debt, with central banks intentionally lagging behind inflation.

What are the implications of central banks not normalizing their policies?

In what ways have central banks changed their approach over the years?

How does financial repression affect investment returns?

What does the term 'fiscal expansion' mean in the context of the eurozone?

What is the philosophical disagreement at the heart of European policymaking?