{"id":36786,"date":"2018-08-18T11:00:09","date_gmt":"2018-08-18T16:00:09","guid":{"rendered":"http:\/\/olduvai.ca\/?p=36786"},"modified":"2018-08-18T11:00:09","modified_gmt":"2018-08-18T16:00:09","slug":"we-are-all-lab-rats-in-the-largest-ever-monetary-experiment-in-human-history","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=36786","title":{"rendered":"We Are All Lab Rats In The Largest-Ever Monetary Experiment In Human History"},"content":{"rendered":"<div class=\"article-header\">\n<div class=\"article-photo\"><img loading=\"lazy\" decoding=\"async\" class=\"imagecache imagecache-article_photo\" title=\"\" src=\"https:\/\/www.peakprosperity.com\/sites\/default\/files\/imagecache\/article_photo\/content\/article\/article-photo\/lab-rat.jpg\" alt=\"\" width=\"300\" height=\"208\" \/><\/div>\n<div class=\"article-details\">\n<h3 class=\"title\"><a href=\"https:\/\/www.peakprosperity.com\/blog\/114291\/we-all-lab-rats-largest-ever-monetary-experiment-human-history#comment-217737\">We Are All Lab Rats In The Largest-Ever Monetary Experiment In Human History<\/a><\/h3>\n<div class=\"article-lede\">\n<div class=\"field field-type-text field-field-lede\">\n<div class=\"field-items\">\n<div class=\"field-item odd\"><strong>And how do things usually work out for the rat?<\/strong><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"content clearfix\">\n<p>There are ample warning signs that another serious financial crisis is on the way.<\/p>\n<p>These warning signs are being soundly ignored by the majority, though. Perhaps understandably so.<\/p>\n<p>After 10 years of near-constant central bank interventions to prop up markets and make stocks, bonds and real estate rise in price &#8212; while also simultaneously hammering commodities to mask the inflationary impact of their money printing from the masses &#8212; it\u2019s difficult to imagine that \u201cthey\u201d will allow markets to ever fall again.<\/p>\n<p>This is known as the \u201ccentral bank put\u201d: whenever the markets begin to teeter, the central banks will step in to prop\/nudge\/cajole the markets back towards the \u201ccorrect\u201d direction, which is always: <em>Up!<\/em><\/p>\n<p>It\u2019s easy in retrospect to see how the central banks have become caught in this trap of their own making, where they&#8217;re now responsible for supporting all the markets all the time.<\/p>\n<p>The 2008 crisis really spooked them. Hence their massive money printing spree to &#8220;rescue&#8221; the system.<\/p>\n<p>But instead of admitting that Great Financial Crisis was the logical result of flawed policies implemented after the 2000 Dot-Com crash (which, in turn, was the result of flawed policies pursued in the 1990\u2019s), the central banks decided after 2008 to double down on their bets &#8212; implementing even worse policies.<\/p>\n<p><strong>The Largest-Ever Monetary Experiment In Human History<\/strong><\/p>\n<p>It\u2019s not hyperbole to say that the monetary experiment conducted over the past ten years by the world\u2019s leading central banks (and its resulting social and political ramifications) is the largest-ever in human history:<\/p>\n<p class=\"rtecenter\"><img decoding=\"async\" src=\"http:\/\/media.peakprosperity.com\/images\/CB-Assets-2018-08-17.jpg\" alt=\"\" \/><\/p>\n<p class=\"rtecenter\">(<a href=\"https:\/\/www.yardeni.com\/pub\/peacockfedecbassets.pdf\" target=\"_blank\" rel=\"noopener\">Source<\/a>)<\/p>\n<p>This global flood of freshly-printed &#8216;thin air&#8217; money has no parallel in the historical records. All around the world, each of us is part of a grand experiment being conducted without the benefits of either prior experience or controls. Its outcome will be binary: either super-great or spectacularly awful.<\/p>\n<p>\u2026click on the above link to read the rest of the article\u2026<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>We Are All Lab Rats In The Largest-Ever Monetary Experiment In Human History And how do things usually work out for the rat? There are ample warning signs that another serious financial crisis is on the way. These warning signs are being soundly ignored by the majority, though. Perhaps understandably so. After 10 years of [&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":[5185,88,124,3596,1992,951,212,21283,280,309,1849,8222,2329,536,2218,668,1138,753,818,851,868,869,1478],"class_list":["post-36786","post","type-post","status-publish","format-standard","hentry","category-economics","tag-bond-market","tag-bonds","tag-central-banks","tag-chris-martenson","tag-contagion","tag-currency","tag-dollar","tag-dot-com-crash","tag-euro","tag-fiat-currency","tag-financial-markets","tag-great-financial-crisis","tag-income-inequality","tag-money","tag-peak-prosperity","tag-real-estate","tag-stock-market","tag-stocks","tag-turkey","tag-venezuela","tag-wealth","tag-wealth-inequality","tag-yen"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/36786","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=36786"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/36786\/revisions"}],"predecessor-version":[{"id":36787,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/36786\/revisions\/36787"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=36786"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=36786"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=36786"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}