{"id":12669,"date":"2015-09-26T13:18:39","date_gmt":"2015-09-26T18:18:39","guid":{"rendered":"http:\/\/olduvai.ca\/?p=12669"},"modified":"2015-09-26T13:18:39","modified_gmt":"2015-09-26T18:18:39","slug":"the-next-thing-might-be-helicopter-money","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=12669","title":{"rendered":"The Next Thing Might Be Helicopter Money"},"content":{"rendered":"

The Next Thing Might Be Helicopter Money<\/a>\"<\/h3>\n

\u00abI dare to say that we have not yet seen the most radical brainwaves of the mandarins running our central banks.\u00bb\u00a0(Bild: Roderick Aichinger)<\/span><\/p>\n

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James Grant, Wall Street expert and editor of the investment journal \u00abGrant\u2019s Interest Rate Observer\u00bb, warns of ever more extreme central bank policies and bets on the comeback of gold.<\/span><\/div>\n
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The global financial markets are under severe stress. The postponed interest rate hike in the United States, the fast cooldown of the Chinese economy and the crash in the commodity complex are causing a great amount of unease among investors. Fear is growing that the world slips into recession. \u00abCentral bank policy is intended to paper over the cracks in the systems. Seven years after the outbreak of the financial crisis we\u2019re paying for this with a lack of growth\u00bb, says James Grant. The sharp thinking editor of the iconic Wall Street newsletter \u00abGrant\u2019s Interest Rate Observer\u00bb draws worrisome parallels between the command based central planning of the Chinese economy and the economic policies in the West. He also doubts that Fed Chair Janet Yellen is the right fit for the top job at the world\u2019s most powerful central bank. Looking for protection he points to gold and shares of gold miners<\/span><\/div>\n

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Jim, since the fall of Lehman Brothers seven years have passed now. In what kind of world are investors living in today?
\n<\/b>It seems longer ago, doesn\u2019t it? Certain things have not changed. The first of those permanent things is the nature of human beings who operate in markets and their tendency to buy high and sell low. That is just as it was the day before Lehman failed and it\u2019s just as it will be forever. What\u2019s new and different is the larger than life presence of government in our markets, both with respect to regulation and with respect to the management and the production and the manipulation of money.<\/span><\/div>\n
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…click on the above link to read the rest of the article…<\/p>\n<\/div>\n

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 <\/p>\n","protected":false},"excerpt":{"rendered":"

The Next Thing Might Be Helicopter Money \u00abI dare to say that we have not yet seen the most radical brainwaves of the mandarins running our central banks.\u00bb\u00a0(Bild: Roderick Aichinger) James Grant, Wall Street expert and editor of the investment journal \u00abGrant\u2019s Interest Rate Observer\u00bb, warns of ever more extreme central bank policies and bets […]<\/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":[303,305,5981,9301,9300,451,5415,927,534,536,661,662],"class_list":["post-12669","post","type-post","status-publish","format-standard","hentry","category-economics","tag-fed","tag-federal-reserve","tag-helicopter-money","tag-interest-rate-observer","tag-james-grant","tag-janet-yellen","tag-lehman-brothers","tag-manipulation","tag-monetary-policy","tag-money","tag-qe","tag-quantitative-easing"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/12669","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=12669"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/12669\/revisions"}],"predecessor-version":[{"id":12670,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/12669\/revisions\/12670"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12669"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12669"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12669"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}