{"id":47599,"date":"2019-08-05T12:46:56","date_gmt":"2019-08-05T17:46:56","guid":{"rendered":"https:\/\/olduvai.ca\/?p=47599"},"modified":"2019-08-05T12:49:41","modified_gmt":"2019-08-05T17:49:41","slug":"the-real-reason-us-central-bankers-cannot-raise-interest-rates-for-the-rest-of-2019","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=47599","title":{"rendered":"The Real Reason US Central Bankers Cannot Raise Interest Rates for the Rest of 2019"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\"><a href=\"https:\/\/www.zerohedge.com\/news\/2019-08-05\/real-reason-us-central-bankers-cannot-raise-interest-rates-rest-2019\">The Real Reason US Central Bankers Cannot Raise Interest Rates for the Rest of 2019<\/a><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The real reason why the US Central Bank cannot raise interest rates can traced back to eight simple words \u2013 their response to the 2008 global financial crisis. US Central Bankers reached a crossroad of responsibility versus socialism for the \u00fcber wealthy years before the 2008 financial crisis manifested, and they chose socialism for the \u00fcber wealthy as could be expected, because Central Bankers have to somewhat appease the highest echelons of global wealth if they don\u2019t want this class to turn their resources against them and argue for the dissolution of Central Banks. When Central Bankers, both in the US and in Europe, deliberately and very consciously chose the path of catering to the few thousands that constitute the class of the \u00fcber wealthy over helping the remaining 6.8 billion people on planet Earth in 2008, they sealed the fate of what their decisions had to be some ten years later.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">During 2008, all of the largest European banks and US banks were completely bankrupt. To this day, I know that claim is disputed even though Finance Ministers that had privy to this data, like\u00a0<a href=\"https:\/\/www.youtube.com\/watch?v=Gi0Jgtg6SfI\">Greece\u2019s Yanis Varoufakis, have made such claims<\/a>. Furthermore, any reasonable person that looked more deeply into the financial health of all major US and European banks, the failure of which triggered the 2008 global financial crisis, would have understood that their unwillingness to operate as banks, but as massive hedge funds and to risk their clients\u2019 deposits in hopes of making billions of profits every year, would have realized that regulatory agencies that suspended the necessity of banks marking their financial assets to market value\u00a0 was enacted to allow banks to lie about their bankrupt status and project a robustness in financial health that simply did not exist. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&nbsp;\u2026click on the above link to read the rest of the article\u2026<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Real Reason US Central Bankers Cannot Raise Interest Rates for the Rest of 2019 The real reason why the US Central Bank cannot raise interest rates can traced back to eight simple words \u2013 their response to the 2008 global financial crisis. US Central Bankers reached a crossroad of responsibility versus socialism for the [&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":[2490,8814,303,312,431,26427,3650,4318],"class_list":["post-47599","post","type-post","status-publish","format-standard","hentry","category-economics","tag-2008-financial-crisis","tag-european-banks","tag-fed","tag-financial-crisis","tag-interest-rates","tag-maalamalama","tag-us-federal-reserve","tag-zerohedge"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/47599","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=47599"}],"version-history":[{"count":2,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/47599\/revisions"}],"predecessor-version":[{"id":47601,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/47599\/revisions\/47601"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=47599"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=47599"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=47599"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}