The Financial Repression Authority

By: Gordon Long | Thu, Sep 4, 2014
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A former banker, Corporate Vice Chairman of a FTSE 100 corporation and founder of Matterhorn Asset Management AG, Egon von Greyez "strongly believes there will be massive wealth destruction in the next few years".

Von Greyerz personally defines Financial Repression in practical terms as the "manipulation and interference by government in the running of the economy and the lives of normal people". What this will inevitably lead to he feels will be the "total control of the people and a police state - that is the way we are going in some countries!"

He has been worried about what is presently unfolding since the 1980's and is very troubled about what he has witnessed and what he clearly saw was coming. "All this was inevitable. It is ridiculous for the central bankers to say they didn't see this coming. Anyone with just a little bit of intelligence could have seen this coming (of course you can't be a politician who never see things coming and central bankers are politicians)".

"Anything that goes up exponentially will come down very fast - at some point! .... there will be massive fall in inflation, implosion of the monetary system and implosion of assets - and that is to come!"

"The Federal Reserve was created in 1913 by the Bankers for the benefit of the bankers and since then we have had inflation for their benefit. Once the US became the world's reserve currency the bankers controlled the whole world".

The reason there is no way out is because "the only policy has been to 'kick the can down the road' and only think central bankers have done is to pass it on to others, hoping they would survive their term and someone else would take over the problems. They can see the problems, they can see the risk. They can't talk about it. They only have one solution. They have held interest rates at zero which is obviously ridiculous and one example of Financial Repression, and they have printed unlimited amounts of money and has now reached a point where it no longer has an effect."

There is a lot of things investors can do to protect themselves from Financial Repression which Egon von Greyerz discusses for the listeners.

33 Minutes with 35 Slides

 


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Gordon Long

Author: Gordon Long

Gordon T. Long
Publisher - LONGWave

Gordon T. Long

Gordon T. Long has been publically offering his financial and economic writing since 2010, following a career internationally in technology, senior management & investment finance. He brings a unique perspective to macroeconomic analysis because of his broad background, which is not typically found or available to the public.

Mr. Long was a senior group executive with IBM and Motorola for over 20 years. Earlier in his career he was involved in Sales, Marketing & Service of computing and network communications solutions across an extensive array of industries. He subsequently held senior positions, which included: VP & General Manager, Four Phase (Canada); Vice President Operations, Motorola (MISL - Canada); Vice President Engineering & Officer, Motorola (Codex - USA).

After a career with Fortune 500 corporations, he became a senior officer of Cambex, a highly successful high tech start-up and public company (Nasdaq: CBEX), where he spearheaded global expansion as Executive VP & General Manager.

In 1995, he founded the LCM Groupe in Paris, France to specialize in the rapidly emerging Internet Venture Capital and Private Equity industry. A focus in the technology research field of Chaos Theory and Mandelbrot Generators lead in the early 2000's to the development of advanced Technical Analysis and Market Analytics platforms. The LCM Groupe is a recognized source for the most advanced technical analysis techniques employed in market trading pattern recognition.

Mr. Long presently resides in Boston, Massachusetts, continuing the expansion of the LCM Groupe's International Private Equity opportunities in addition to their core financial market trading platforms expertise. GordonTLong.com is a wholly owned operating unit of the LCM Groupe.

Gordon T. Long is a graduate Engineer, University of Waterloo (Canada) in Thermodynamics-Fluid Mechanics (Aerodynamics). On graduation from an intensive 5 year specialized Co-operative Engineering program he pursued graduate business studies at the prestigious Ivy Business School, University of Western Ontario (Canada) on a Northern & Central Gas Corporation Scholarship. He was subsequently selected to attend advanced one year training with the IBM Corporation in New York prior to starting his career with IBM.

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