{"id":4438,"date":"2015-01-12T19:54:40","date_gmt":"2015-01-13T00:54:40","guid":{"rendered":"http:\/\/olduvai.ca\/?p=4438"},"modified":"2015-01-12T19:54:40","modified_gmt":"2015-01-13T00:54:40","slug":"bubbles-always-pop-and-this-one-will-be-a-doozy","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=4438","title":{"rendered":"Bubbles Always Pop\u2014\u2013And This One Will Be A Doozy"},"content":{"rendered":"<h3 class=\"entry-title\"><a href=\"http:\/\/davidstockmanscontracorner.com\/bubbles-always-pop-and-this-one-will-be-a-doozy\/\" target=\"_blank\">Bubbles Always Pop\u2014\u2013And This One Will Be A Doozy<\/a><\/h3>\n<h3><strong>Pumping All Out<\/strong><\/h3>\n<p>The Dow rose 323 points on Thursday, or 1.8%. People come to think what they must think when they must think it. But what do they think now? Why do they think stocks are so valuable?<\/p>\n<p>Apparently, they believe that Janet Yellen, Mario Draghi and Haruhiko Kuroda \u2013 the powers that be \u2013 will continue to make stocks go up.<\/p>\n<p>The Fed has stopped active liquidity pumping. But it still has its hand on the pump handle, just in case.<\/p>\n<p>The European Central Bank is promising and preparing to pump as soon as it can get the Germans out of the way. And the Japanese \u2013 the world leaders in modern state finance \u2013 are pumping with both hands.<\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-35177\" src=\"http:\/\/www.acting-man.com\/blog\/media\/2015\/01\/763px-Crossroads_baker_explosion_.jpg\" alt=\"763px-Crossroads_baker_explosion_\" width=\"600\" height=\"377\" \/><\/p>\n<p>Photo credit:\u00a0<span class=\"credit\" data-iceapw=\"4\">US Library of Congress<\/span><\/p>\n<p><strong>Gaming the System<\/strong><\/p>\n<p>Since 2009, the Fed has put more than $3.5 trillion to work on investors\u2019 behalf. This \u2013 along with the help of the ECB, the Bank of Japan, the Bank of England, the People\u2019s Bank of China, etc. \u2013 has helped lift stock markets by $18 trillion.<\/p>\n<p>&#8230;click on the above link to read the rest of the article&#8230;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bubbles Always Pop\u2014\u2013And This One Will Be A Doozy Pumping All Out The Dow rose 323 points on Thursday, or 1.8%. People come to think what they must think when they must think it. But what do they think now? Why do they think stocks are so valuable? Apparently, they believe that Janet Yellen, Mario [&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":[56,57,1799,124,195,233,246,303,2615],"class_list":["post-4438","post","type-post","status-publish","format-standard","hentry","category-economics","tag-bank-of-england","tag-bank-of-japan","tag-bubbles","tag-central-banks","tag-debt","tag-ecb","tag-economy","tag-fed","tag-peoples-bank-of-china"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/4438","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=4438"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/4438\/revisions"}],"predecessor-version":[{"id":4439,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/4438\/revisions\/4439"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4438"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4438"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4438"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}