{"id":20745,"date":"2015-05-15T08:03:55","date_gmt":"2015-05-15T12:03:55","guid":{"rendered":"http:\/\/ssgreenberg.name\/PoliticsBlog\/?p=20745"},"modified":"2015-05-15T08:20:37","modified_gmt":"2015-05-15T12:20:37","slug":"its-the-fed-stupid","status":"publish","type":"post","link":"https:\/\/ssgreenberg.name\/PoliticsBlog\/2015\/05\/15\/its-the-fed-stupid\/","title":{"rendered":"It&#8217;s The Fed, Stupid"},"content":{"rendered":"<p>I go an email from <em>Brave New Films<\/em> with the subject <q>It&#8217;s The Fed, Stupid<\/q>.<\/p>\n<p>On <em>YouTube<\/em>, they have headlined it <a href=\"https:\/\/www.youtube.com\/watch?v=iKrSYq2QZoA\" target=\"_blank\" title=\"Video on YouTube\">Fed Up: Why The Federal Reserve Needs Reform \u2022 BRAVE NEW FILMS<\/a>.<\/p>\n<p>Here is the video.<\/p>\n<div style=\"text-align:center\">\n    <iframe loading=\"lazy\" width=\"560\" height=\"315\" src=\"https:\/\/www.youtube-nocookie.com\/embed\/iKrSYq2QZoA?rel=0\" style=\"border:thick ridge #009900\" allowfullscreen><\/iframe>\n<\/div>\n<p>I told them by email and by comment on YouTube:<\/p>\n<blockquote><p>\nNo, it&#8217;s Brave New Films, stupid.<\/p>\n<p>The FED doesn&#8217;t have the control you imply.  Otherwise the economy would have been fixed already.  If you are worried about the cost of a mortgage, shouldn&#8217;t you be complimenting the FED on the low interest rates?<\/p>\n<p>The FED doesn&#8217;t decide things willy-nilly, the Congress has give them goals, and the fed has told us all what their targets are for meeting those goals. They are trying for 2% inflation and are having a devil  of a time getting there no matter how much money that they pour into the economy.<\/p>\n<p>If your understanding of all this is exemplified by your movie, then I am darn glad you don&#8217;t have a say in how the economy is run.\n<\/p><\/blockquote>\n<p>This is what happens when the liberals who don&#8217;t understand economics get to weigh in.  It&#8217;s not any better than the right wingers opining about what they understand very weakly.<\/p>\n<p>The FED has its problems, but neither Brave New Films, nor Rand Paul, nor Ron Paul have enough knowledge to tell us how to fix it.  Primarily, the FED wouldn&#8217;t be forced to use its ineffective tools to stimulate the economy if only the Congress and the President would use the very effective tools that they have at their disposal.<\/p>\n<p>The Congress and the President refuse to invest enough in infrastructure.  Such investment would put people back to work and it would put money into the economy in a way which would stimulate growth.  Not only that, but such investments could save the lives of railroad passengers. See my subsequent post <a href=\"http:\/\/ssgreenberg.name\/PoliticsBlog\/2015\/05\/15\/its-the-infrastructure\/\" target=\"_blank\" title=\"Subsequent post\">It\u2019s The Infrastructure<\/a>.<\/p>\n<p>If despite all I have said, you still want to support this idiotic move, here is the <a href=\"http:\/\/www.bravenewfilms.org\/fedupwithfed?utm_campaign=fedup_donor&#038;utm_medium=email&#038;utm_source=bravenew\" target=\"_blank\" title=\"Link to Brave New Films\">link<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I go an email from Brave New Films with the subject It&#8217;s The Fed, Stupid. On YouTube, they have headlined it Fed Up: Why The Federal Reserve Needs Reform \u2022 BRAVE NEW FILMS. Here is the video. I told them by email and by comment on YouTube: No, it&#8217;s Brave New Films, stupid. The FED [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[166],"tags":[],"class_list":{"0":"post-20745","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-stevegsposts","7":"czr-hentry"},"_links":{"self":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/20745","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/comments?post=20745"}],"version-history":[{"count":7,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/20745\/revisions"}],"predecessor-version":[{"id":20754,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/20745\/revisions\/20754"}],"wp:attachment":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/media?parent=20745"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/categories?post=20745"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/tags?post=20745"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}