{"id":188877,"date":"2010-07-14T20:38:00","date_gmt":"2010-07-15T01:38:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2010\/07\/14\/the-fed-gets-grimmer\/"},"modified":"2010-07-14T20:38:00","modified_gmt":"2010-07-15T01:38:00","slug":"the-fed-gets-grimmer","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2010\/07\/14\/the-fed-gets-grimmer\/","title":{"rendered":"The Fed Gets Grimmer"},"content":{"rendered":"<p><img decoding=\"async\" src=\"http:\/\/img24.imageshack.us\/img24\/2750\/fedminutes3221661.png\" style=\"margin: 0px 0px 10px 10px; float: right; cursor: pointer;\" \/>Well, the minutes from the Federal Reserve&#8217;s June meeting of the Federal Open Market Committee (FOMC) have been released, and <a href=\"http:\/\/krugman.blogs.nytimes.com\/2010\/07\/14\/what-is-the-fed-thinking\/\">the already grim predictions that they have made for GDP and employment have become even grimmer<\/a>.<\/p>\n<p>It&#8217;s time to crank up the helicopters, and <span style=\"font-weight: bold;\">literally<\/span> begin dropping money out of them.<\/p>\n<p>I&#8217;ve <a href=\"http:\/\/40yrs.blogspot.com\/2009\/11\/interesting-concept.html\">run the numbers for this operation<\/a>, and it would <a href=\"http:\/\/40yrs.blogspot.com\/2009\/11\/interesting-concept.html\">require fewer than 100 of the whirlybirds to accomplish the task<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Well, the minutes from the Federal Reserve&#8217;s June meeting of the Federal Open Market Committee (FOMC) have been released, and the already grim predictions that they have made for GDP and employment have become even grimmer. It&#8217;s time to crank up the helicopters, and literally begin dropping money out of them. I&#8217;ve run the numbers &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[973,975,1226,1089],"tags":[],"class_list":["post-188877","post","type-post","status-publish","format-standard","hentry","category-economy","category-employment","category-helicopters","category-recession"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/188877"}],"collection":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/comments?post=188877"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/188877\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=188877"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=188877"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=188877"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}