{"id":22715,"date":"2010-11-04T14:57:21","date_gmt":"2010-11-04T14:57:21","guid":{"rendered":"http:\/\/127.0.0.1\/site\/2017\/2\/1985\/jeff_nielson-quantitative_easing_is_economic_suicide\/"},"modified":"2010-11-04T14:57:21","modified_gmt":"2010-11-04T14:57:21","slug":"jeff_nielson-quantitative_easing_is_economic_suicide","status":"publish","type":"post","link":"https:\/\/kendallharmon.net\/?p=22715","title":{"rendered":"Jeff Nielson&#8211;Quantitative Easing is Economic Suicide"},"content":{"rendered":"<p>The question being asked all across the world of business news is: Will QE2 be successful? Because this policy is literally economic suicide, the question becomes: Will the Federal Reserve be successful in the assisted economic suicide of the U.S. government? I find this an utterly appalling question &#8212; which highlights the intellectual bankruptcy of government policymakers and the bankers who goad them onward.<\/p>\n<p>Quantitative easing is nothing more than a euphemism for printing money out of thin air. Its one-and-only purpose is to destroy the currency being printed. It is pure dilution and absolutely no different than a corporation vowing to improve its fiscal performance simply by printing a lot of new shares.<\/p>\n<p><a href=\"http:\/\/www.realclearmarkets.com\/articles\/2010\/11\/03\/quantitative_easing_is_economic_suicide_98740.html\">Read it all<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The question being asked all across the world of business news is: Will QE2 be successful? Because this policy is literally economic suicide, the question becomes: Will the Federal Reserve be successful in the assisted economic suicide of the U.S.<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/kendallharmon.net\/?p=22715\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":794,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[40,595,592,149,671,596,584,672],"tags":[],"class_list":["post-22715","post","type-post","status-publish","format-standard","hentry","category-economics-politics","category-credit-markets","category-currency-markets","category-economy","category-federal-reserve","category-the-credit-freeze-crisis-of-fall-2008the-recession-of-2007","category-the-u-s-government","category-the-united-states-currency-dollar-etc"],"_links":{"self":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/22715","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/users\/794"}],"replies":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=22715"}],"version-history":[{"count":0,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/22715\/revisions"}],"wp:attachment":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=22715"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=22715"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=22715"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}