{"id":8627,"date":"2015-05-30T07:39:14","date_gmt":"2015-05-30T12:39:14","guid":{"rendered":"http:\/\/olduvai.ca\/?p=8627"},"modified":"2015-05-30T07:39:14","modified_gmt":"2015-05-30T12:39:14","slug":"were-in-uncharted-economic-territory","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=8627","title":{"rendered":"We\u2019re In Uncharted Economic Territory"},"content":{"rendered":"

We\u2019re In Uncharted Economic Territory<\/a><\/h3>\n

We\u2019re in uncharted territory \u2026<\/p>\n

\n

For example, this is the first time in history that\u00a0most central banks worldwide<\/a>\u00a0have printed money during the same time period.<\/p>\n

And one of America\u2019s leading economists (Nobel-prize winner Robert Shiller) just said that \u2013 unlike 1929 \u2013\u00a0 this time,\u00a0stocks, bonds and housing<\/a>\u00a0are ALL overvalued:<\/p>\n

This time around, bonds and, increasingly, real estate also look overvalued. This is different from other over-valuation periods such as 1929, when the stock market was very overvalued, but the bond and housing markets for the most part weren\u2019t. It\u2019s an interesting phenomenon.<\/p><\/blockquote>\n

There\u2019s a connection between the two unprecedented events \u2026<\/p>\n

Money printing\u00a0sucks money out of the real economy, and throws it at the wealthy<\/a>\u00a0\u2026 who use it to speculate on stocks, bonds and housing.<\/p>\n

Indeed, the central banks have consciously been\u00a0focusing all of their efforts on blowing asset bubbles<\/a>\u00a0\u2026<\/p>\n

But the bigger they come, the\u00a0harder they fall<\/a>.<\/p>\n<\/div>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

We\u2019re In Uncharted Economic Territory We\u2019re in uncharted territory \u2026 For example, this is the first time in history that\u00a0most central banks worldwide\u00a0have printed money during the same time period. And one of America\u2019s leading economists (Nobel-prize winner Robert Shiller) just said that \u2013 unlike 1929 \u2013\u00a0 this time,\u00a0stocks, bonds and housing\u00a0are ALL overvalued: This […]<\/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":[4419,1806,124,4899,383,538,5821,5510,5846],"class_list":["post-8627","post","type-post","status-publish","format-standard","hentry","category-economics","tag-4419","tag-bubble","tag-central-banks","tag-economic-bubble","tag-great-depression","tag-money-printing","tag-robert-shiller","tag-washingtons-blog","tag-wealthy"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/8627","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=8627"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/8627\/revisions"}],"predecessor-version":[{"id":8628,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/8627\/revisions\/8628"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8627"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8627"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8627"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}