×

Financial Repression Coming?

7:15 PM ET Tue, 17 May 2011

Mohamed El-Erian, the co-CEO of the world's largest bond fund, is warning that financial repression- meaning that the government will keep interest rates abnormally low- is coming to America with higher inflation. Is he right? Mark Perry, University of Michigan, and Matthew Slaughter, Tuck School of Business, discuss.