{"id":26255,"date":"2017-09-30T07:10:19","date_gmt":"2017-09-30T12:10:19","guid":{"rendered":"http:\/\/olduvai.ca\/?p=26255"},"modified":"2017-09-30T07:10:19","modified_gmt":"2017-09-30T12:10:19","slug":"fed-quack-treatments-are-causing-the-stagnation","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=26255","title":{"rendered":"Fed Quack Treatments are Causing the Stagnation"},"content":{"rendered":"
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Fed Quack Treatments are Causing the Stagnation <\/a><\/h3>\n<\/div>\n
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Bleeding the Patient to Health<\/b><\/p>\n

There\u2019s something alluring about cure-alls and quick fixes. Who doesn\u2019t want a magic panacea to make every illness or discomfort disappear? Such a yearning once compelled the best and the brightest minds to believe the impossible for over two thousand years.<\/p>\n

\"\"Instantaneous relief! No matter what your affliction is, snake oil cures them all. [PT]<\/p>\n

For example, from antiquity until the late-19th century, bloodletting was used to treat nearly every disease. Reputable medical references recommended bloodletting as a cure for acne, asthma, cancer, epilepsy, gout, indigestion, insanity, leprosy, pneumonia, scurvy, tuberculosis, and everything in between. Bloodletting was even used to treat hemorrhaging<\/i>.<\/p>\n

The practice was simple enough. A surgeon, often a barber, would open a vein and drain blood from the patient. Somehow, this was supposed to cure them of disease.<\/p>\n

The fundamental idea was that a sick person could be bled to health. Induced fainting, via bloodletting, was even considered beneficial. However, the results were often fatal.<\/p>\n

On December 13, 1799, George Washington returned from a cold-winters horseback ride across his estate with a raspy throat. So, he requested bloodletting to make his sore throat better. Over a ten-hour period, roughly 126 ounces of blood was drained from his system.<\/p>\n

The next day Washington\u2019s treatment culminated in perfect success. Because of the bloodletting, Washington never suffered from a sore throat again. He had received a permanent cure. Namely, he croaked.<\/p>\n

Wouldn\u2019t a tablespoon or two of honey and lemon have been a better solution to the sore throat problem? Sure, it would have been less effective. But it would have been a great deal less terminal as well.<\/p>\n

…click on the above link to read the rest of the article…<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Fed Quack Treatments are Causing the Stagnation Bleeding the Patient to Health There\u2019s something alluring about cure-alls and quick fixes. Who doesn\u2019t want a magic panacea to make every illness or discomfort disappear? Such a yearning once compelled the best and the brightest minds to believe the impossible for over two thousand years. Instantaneous relief! […]<\/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":[5728,175,195,303,11763,16230,2096,3650],"class_list":["post-26255","post","type-post","status-publish","format-standard","hentry","category-economics","tag-acting-man","tag-credit","tag-debt","tag-fed","tag-mn-gordon","tag-snake-oil","tag-stagnation","tag-us-federal-reserve"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/26255","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=26255"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/26255\/revisions"}],"predecessor-version":[{"id":26256,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/26255\/revisions\/26256"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=26255"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=26255"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=26255"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}