{"id":12049,"date":"2015-09-09T18:31:19","date_gmt":"2015-09-09T23:31:19","guid":{"rendered":"http:\/\/olduvai.ca\/?p=12049"},"modified":"2015-09-09T18:31:19","modified_gmt":"2015-09-09T23:31:19","slug":"david-stockman-sums-it-all-up-in-3-minutes","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=12049","title":{"rendered":"David Stockman Sums It All Up In 3 Minutes"},"content":{"rendered":"

David Stockman Sums It All Up In 3 Minutes<\/a><\/h3>\n

Stockman unleashes truthiness hell on Bloomberg TV:\u00a0“Federal Reserve [actions] will have disastrous long-term consequences<\/strong>… when you deny price-discovery in the market for so long, it is a massive subsidy to speculation… In an era of peak debt,\u00a0the only thing zero interest rates achieve is create an enormous incentive for Wall Street to gamble more and more recklessly…<\/strong>“<\/em><\/p>\n

195 seconds… watch, listen, and think…<\/p>\n

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David Stockman Sums It All Up In 3 Minutes Stockman unleashes truthiness hell on Bloomberg TV:\u00a0“Federal Reserve [actions] will have disastrous long-term consequences… when you deny price-discovery in the market for so long, it is a massive subsidy to speculation… In an era of peak debt,\u00a0the only thing zero interest rates achieve is create an […]<\/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":[8658,2120,303,305,860,4318,1939],"class_list":["post-12049","post","type-post","status-publish","format-standard","hentry","category-economics","tag-bloomberg-tv","tag-david-stockman","tag-fed","tag-federal-reserve","tag-wall-street","tag-zerohedge","tag-zirp"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/12049","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=12049"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/12049\/revisions"}],"predecessor-version":[{"id":12050,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/12049\/revisions\/12050"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12049"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12049"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12049"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}