{"id":2173,"date":"2014-11-28T12:21:51","date_gmt":"2014-11-28T17:21:51","guid":{"rendered":"http:\/\/olduvai.ca\/?p=2173"},"modified":"2014-11-28T12:21:51","modified_gmt":"2014-11-28T17:21:51","slug":"as-it-turns-out-deflation-is-good-after-all-zero-hedge","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=2173","title":{"rendered":"As It Turns Out Deflation Is Good After All | Zero Hedge"},"content":{"rendered":"<p><a href=\"http:\/\/www.zerohedge.com\/news\/2014-11-28\/it-turns-out-deflation-good-after-all\">As It Turns Out Deflation Is Good After All | Zero Hedge<\/a>.<\/p>\n<p style=\"margin-top: 0.25em; margin-bottom: 0.75em; display: block;\">Earlier today, in typical German fashion, the chief of the Bundesbank poured cold water on Europe&#8217;s latest round of demands that Germany carry the weight of the rebound from the triple-dip on its shoulders, as usual, when Buba President Jens Weidmann Friday rejected calls for a German stimulus plan,\u00a0<strong>saying only structural reforms and more competitiveness would kick-start eurozone economies<\/strong>. \u201cCalls for a public fiscal stimulus plan in Germany to boost the Eurozone economy are amiss,\u201d said Mr. Weidmann in a speech for an economic summit hosted by the German newspaper S\u00fcddeutsche Zeitung. He is, of course, right: the longer Europe&#8217;s insolvent, uncompetitive governments kick the can and force Germany to do all the hard work, the longer Europe will be unable to get out of a hole that gets deeper with every passing day. In short: Mr. Weidmann refuses to &#8220;get to work&#8221; for a bunch of corrupt, clueless politicians.<\/p>\n<p style=\"margin-top: 0.25em; margin-bottom: 0.75em; display: block;\"><a style=\"text-decoration: none; color: #1e439a;\" href=\"http:\/\/www.zerohedge.com\/sites\/default\/files\/images\/user5\/imageroot\/2014\/11\/weidmann.jpg\"><img loading=\"lazy\" decoding=\"async\" style=\"max-width: 100%; height: auto; border: 0px initial initial;\" src=\"http:\/\/www.zerohedge.com\/sites\/default\/files\/images\/user5\/imageroot\/2014\/11\/weidmann_0.jpg\" alt=\"\" width=\"500\" height=\"333\" \/><\/a><\/p>\n<p style=\"margin-top: 0.25em; margin-bottom: 0.75em; display: block;\">He then proceeded to do something shocking: he was logical. Quoted by the WSJ,\u00a0<a style=\"text-decoration: none; color: #1e439a;\" href=\"http:\/\/online.wsj.com\/articles\/bundesbanks-weidmann-rejects-calls-for-german-stimulus-plan-1417177202?mod=WSJ_LatestHeadlines\">he said<\/a>: &#8220;<strong>Investment rates that are above the growth potential of a developed economy aren&#8217;t likely to boost prosperity\u2014this applies to both public and private investments<\/strong>.&#8221;<\/p>\n<p style=\"margin-top: 0.25em; margin-bottom: 0.75em; display: block;\">More:<\/p>\n<p style=\"margin-top: 0.25em; margin-bottom: 0.75em; display: block;\">&#8230;click on the above link to read the rest of the article&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As It Turns Out Deflation Is Good After All | Zero Hedge. Earlier today, in typical German fashion, the chief of the Bundesbank poured cold water on Europe&#8217;s latest round of demands that Germany carry the weight of the rebound from the triple-dip on its shoulders, as usual, when Buba President Jens Weidmann Friday rejected [&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":[124,202,233,359,455,1234],"class_list":["post-2173","post","type-post","status-publish","format-standard","hentry","category-economics","tag-central-banks","tag-deflation","tag-ecb","tag-germany","tag-jens-weidmann","tag-stimulus"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/2173","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=2173"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/2173\/revisions"}],"predecessor-version":[{"id":2174,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/2173\/revisions\/2174"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2173"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2173"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2173"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}