{"id":2441,"date":"2010-12-10T08:13:39","date_gmt":"2010-12-10T15:13:39","guid":{"rendered":"http:\/\/www.jasonapollovoss.local\/?p=2441"},"modified":"2018-08-17T08:48:42","modified_gmt":"2018-08-17T12:48:42","slug":"the-qualitative-federal-reserve-slight-return","status":"publish","type":"post","link":"https:\/\/jasonapollovoss.com\/web\/2010\/12\/10\/the-qualitative-federal-reserve-slight-return\/","title":{"rendered":"The qualitative Federal Reserve, slight return"},"content":{"rendered":"<p><span style=\"font-size: 16px;\">Six weeks ago the Federal Reserve announced a policy of &#8220;quantitative easing.&#8221;\u00a0 At the time I said that the goal of lowering the value of the U.S. dollar and of U.S. interest rates would be a failure.\u00a0 News abounds\u00a0of the failure of this policy.\u00a0 I hope that you are not surprised.\u00a0 Interest rates are already effectively zero percent and businesses and individuals are not borrowing money.\u00a0 So the manipulation of numbers, the quantitative manipulation of the money supply, is impotent.\u00a0 What is left is the still potent voice of the Federal Reserve &#8211; its qualitative powers.\u00a0 But don&#8217;t expect the Federal Reserve to change the course of the economy.<\/span><\/p>\n<p><span style=\"font-size: 16px;\">Jason<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Six weeks ago the Federal Reserve announced a policy of &#8220;quantitative easing.&#8221;\u00a0 At the time I said that the goal of lowering the value of the U.S. dollar and of U.S. interest rates would be a failure.\u00a0 News abounds\u00a0of the failure of this policy.\u00a0 I hope that you are not surprised.\u00a0 Interest rates are already [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[3],"tags":[],"class_list":["post-2441","post","type-post","status-publish","format-standard","hentry","category-the-blog"],"_links":{"self":[{"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/posts\/2441","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/comments?post=2441"}],"version-history":[{"count":0,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/posts\/2441\/revisions"}],"wp:attachment":[{"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/media?parent=2441"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/categories?post=2441"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/tags?post=2441"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}