{"id":4671,"date":"2015-01-20T07:18:21","date_gmt":"2015-01-20T12:18:21","guid":{"rendered":"http:\/\/olduvai.ca\/?p=4671"},"modified":"2015-01-20T07:18:21","modified_gmt":"2015-01-20T12:18:21","slug":"a-quick-sanity-check","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=4671","title":{"rendered":"A Quick Sanity Check"},"content":{"rendered":"<h3 class=\"title\"><a href=\"http:\/\/www.peakprosperity.com\/blog\/91538\/quick-sanity-check\" target=\"_blank\">A Quick Sanity Check<\/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>A cautionary reminder of where we are in this story<\/strong><\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>Sometimes it pays to step way back and look at things from a high level.<\/p>\n<p>In response to the 2008 crisis, the world&#8217;s major central banks pumped an unprecedented amount of monetary stimulus into the system &#8212; all in the name of kick-starting enough economic growth to pull the planet out of its fundamental sinkhole of\u00a0<em>Too Much Debt.<\/em><\/p>\n<p>More than six years and over $4 trillion later, what exactly can we say it did for us?<\/p>\n<p>Not enough, as the following short video summarizes.<\/p>\n<p>Many of you are already well-familiar with this theme. Hopefully this video provides a welcome reminder that you&#8217;re not crazy, despite the persisting artificial heights of today&#8217;s asset prices. And perhaps more important, it&#8217;s intended to be an easily-sharable resource for waking up new ears to our message of prudent caution:<\/p>\n<p>&nbsp;<\/p>\n<p>&#8230;click on the above link to read the rest of the article&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A Quick Sanity Check A cautionary reminder of where we are in this story Sometimes it pays to step way back and look at things from a high level. In response to the 2008 crisis, the world&#8217;s major central banks pumped an unprecedented amount of monetary stimulus into the system &#8212; all in the name [&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":[124,195,391,534],"class_list":["post-4671","post","type-post","status-publish","format-standard","hentry","category-economics","tag-central-banks","tag-debt","tag-growth","tag-monetary-policy"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/4671","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=4671"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/4671\/revisions"}],"predecessor-version":[{"id":4672,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/4671\/revisions\/4672"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4671"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4671"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4671"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}