But what financial repression usually involves is keeping interest rates below their natural market level, to the benefit of borrowers at the expense of savers. The borrowers are often governments, and in many emerging economies the state has funded its extravagances by paying bank depositors derisory rates of interest.
伦敦—金融抑制的定义不一而足——抑制者与被抑制者看到的东西往往不一样。但金融抑制通常包括保持利率低于正常市场水平，牺牲储户让借款人得益。借款人通常是政府，在许多新兴经济体，国家给储户的利息低得可怜，以此为自己的铺张浪费筹集资金。