{"id":107,"date":"2014-10-18T11:32:21","date_gmt":"2014-10-18T11:32:21","guid":{"rendered":"http:\/\/olduvai.ca\/?p=107"},"modified":"2017-08-16T13:23:45","modified_gmt":"2017-08-16T18:23:45","slug":"kudos-to-herr-weidmann-for-uttering-three-truths-in-one-speech-david-stockmans-contra-corner","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=107","title":{"rendered":"Kudos To Herr Weidmann For Uttering Three Truths In One Speech | David Stockman&#8217;s Contra Corner"},"content":{"rendered":"<p><a href=\"http:\/\/davidstockmanscontracorner.com\/horray-for-herr-weidmann-for-uttering-three-truths-in-one-speech\/\">Kudos To Herr Weidmann For Uttering Three Truths In One Speech | David Stockman&#8217;s Contra Corner<\/a>.<\/p>\n<p style=\"box-sizing: border-box; word-wrap: break-word;\">Once in a blue moon officials commit truth in public, but the intrepid leader of Germany\u2019s central bank has delivered a speech which let\u2019s loose of three of them in a single go. Speaking at a conference in Riga, Latvia, Jens Weidmann put the kibosh on QE, low-flation and central bank interference in pricing of risky assets.<\/p>\n<p style=\"box-sizing: border-box; word-wrap: break-word;\">These days the Keynesian chorus in favor of policy activism\u00a0is so\u00a0boisterous that a\u00a0succinct\u00a0statement to the contrary rarely gets through\u2014-especially at Rupert Murdoch\u2019s\u00a0Wall Street yarn factory. But here\u2019s what\u00a0penetrated even Brian Blackstone\u2019s filters:<\/p>\n<blockquote style=\"box-sizing: border-box; word-wrap: break-word; font-size: 0.9em; color: #666666; border-left-width: 10px; border-left-style: solid; border-left-color: #aaaaaa; padding-left: 12px; margin: 5px 0px 1em 0px;\">\n<p style=\"box-sizing: border-box; word-wrap: break-word;\">\u00a0<strong style=\"box-sizing: border-box; word-wrap: break-word; font-weight: bold;\">\u201cThe biggest bottleneck for growth in the euro area is not monetary policy, nor is it the lack of fiscal stimulus: it is the structural barriers that impede competition, innovation and productivity,\u201d he said.<\/strong><\/p>\n<p style=\"box-sizing: border-box; word-wrap: break-word;\">&#8230;click on link above for the rest of the article&#8230;<\/p>\n<\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>Kudos To Herr Weidmann For Uttering Three Truths In One Speech | David Stockman&#8217;s Contra Corner. Once in a blue moon officials commit truth in public, but the intrepid leader of Germany\u2019s central bank has delivered a speech which let\u2019s loose of three of them in a single go. Speaking at a conference in Riga, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[124,244,279,455,534,661],"class_list":["post-107","post","type-post","status-publish","format-standard","hentry","category-economics","tag-central-banks","tag-economics-2","tag-eu","tag-jens-weidmann","tag-monetary-policy","tag-qe"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/107","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=107"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/107\/revisions"}],"predecessor-version":[{"id":24691,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/107\/revisions\/24691"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=107"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=107"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=107"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}