{"id":38801,"date":"2018-10-06T11:12:20","date_gmt":"2018-10-06T16:12:20","guid":{"rendered":"http:\/\/olduvai.ca\/?p=38801"},"modified":"2018-10-06T11:12:20","modified_gmt":"2018-10-06T16:12:20","slug":"fed-president-kashkari-hears-voices-are-they-lying","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=38801","title":{"rendered":"Fed President Kashkari Hears Voices \u2013 Are They Lying?"},"content":{"rendered":"<div class=\"art-postmetadataheader\"><\/div>\n<div class=\"art-postcontent\">\n<h3 class=\"art-postheader\"><a title=\"Permanent Link to Fed President Kashkari Hears Voices \u2013 Are They Lying?\" href=\"https:\/\/acting-man.com\/?p=53552\" rel=\"bookmark\">Fed President Kashkari Hears Voices \u2013 Are They Lying?<\/a><\/h3>\n<p><strong>Orchestrated Larceny<\/strong><\/p>\n<p>The government continues its approach towards full meltdown.\u00a0The stock market does too.\u00a0But when it comes down to it, these are mere distractions from the bigger breakdown that is bearing down upon us.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-53558\" src=\"https:\/\/acting-man.com\/blog\/media\/2018\/10\/prosperity-imbalance.png\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" srcset=\"https:\/\/acting-man.com\/blog\/media\/2018\/10\/prosperity-imbalance.png 1023w, https:\/\/acting-man.com\/blog\/media\/2018\/10\/prosperity-imbalance-300x179.png 300w, https:\/\/acting-man.com\/blog\/media\/2018\/10\/prosperity-imbalance-768x459.png 768w\" alt=\"\" width=\"640\" height=\"382\" \/>Prosperity imbalance illustrated. The hoi-polloi may be getting restless. [PT]<\/p>\n<p>Average working stiffs have little time or inclination to contemplate gibberish from the Fed.\u00a0They are too worn out from running in place all day to make much of it.\u00a0 This fact accounts for the limited inkling the populace has for why there is a great prosperity imbalance between wage earners and the <a href=\"https:\/\/www.urbandictionary.com\/define.php?term=C.R.E.A.M.\">creams<\/a>.<\/p>\n<p>If there was a better understanding of the scope and scale of the orchestrated larceny being conducted, practitioners of mass money debasement would be tarred, feathered and paraded down Main Street.<\/p>\n<p>This seems a small penalty for turning markets into casinos and debasing the rewards of an honest day\u2019s work.\u00a0 Instead, they preserve their misplaced stature through the backwards process of taking the absurdly simple and twisting it up into the inordinately complex.<\/p>\n<p>Several months ago, roughly in mid-May, the yield on the 10-Year Treasury note briefly eclipsed 3 percent.\u00a0 This prompted numerous articles \u2013 including\u00a0<a href=\"https:\/\/acting-man.com\/?p=52782\">one of our own<\/a>\u00a0\u2013 on the possible end of the great Treasury bond bubble.\u00a0 But then, just as quickly as a pickpocket disappears into a crowded street, the yield on the 10-Year Treasury note slipped back below 3 percent.<\/p>\n<p>Now, as the days grow shorter, the yield on the 10-Year Treasury note is again pushing above 3 percent, at roughly 3.22 percent.\u00a0 The yield on the 30-Year Treasury note \u2013 the long bond \u2013 is about 16 basis points higher.<\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/acting-man.com\/blog\/media\/2018\/10\/1-TNX.png\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-53554\" src=\"https:\/\/acting-man.com\/blog\/media\/2018\/10\/1-TNX-1024x757.png\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" srcset=\"https:\/\/acting-man.com\/blog\/media\/2018\/10\/1-TNX-1024x757.png 1024w, https:\/\/acting-man.com\/blog\/media\/2018\/10\/1-TNX-300x222.png 300w, https:\/\/acting-man.com\/blog\/media\/2018\/10\/1-TNX-768x568.png 768w, https:\/\/acting-man.com\/blog\/media\/2018\/10\/1-TNX.png 1565w\" alt=\"\" width=\"640\" height=\"473\" \/><\/a>10-year yields are trying to get above the 3% level again \u2013 and this time it looks like they may actually mean it. [PT]<\/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>Fed President Kashkari Hears Voices \u2013 Are They Lying? Orchestrated Larceny The government continues its approach towards full meltdown.\u00a0The stock market does too.\u00a0But when it comes down to it, these are mere distractions from the bigger breakdown that is bearing down upon us. Prosperity imbalance illustrated. The hoi-polloi may be getting restless. [PT] Average working [&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":[5728,124,303,10129,11763,3650],"class_list":["post-38801","post","type-post","status-publish","format-standard","hentry","category-economics","tag-acting-man","tag-central-banks","tag-fed","tag-larceny","tag-mn-gordon","tag-us-federal-reserve"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/38801","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=38801"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/38801\/revisions"}],"predecessor-version":[{"id":38802,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/38801\/revisions\/38802"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=38801"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=38801"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=38801"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}