{"id":130538,"date":"2022-08-26T17:55:04","date_gmt":"2022-08-26T21:55:04","guid":{"rendered":"http:\/\/stateofthenation.co\/?p=130538"},"modified":"2022-08-26T18:00:10","modified_gmt":"2022-08-26T22:00:10","slug":"no-one-wants-to-hear-this-but-the-fed-chief-is-correct","status":"publish","type":"post","link":"https:\/\/stateofthenation.co\/?p=130538","title":{"rendered":"<h2>&#8220;No one wants to hear this but the FED Chief is correct.&#8221;<\/h2>"},"content":{"rendered":"<p><!--more-->Comment posted by JerseyWhale<\/p>\n<hr \/>\n<h3 style=\"padding-left: 40px;\"><strong>No one wants to hear this but he is correct.<\/strong><\/h3>\n<h3 style=\"padding-left: 40px;\"><strong>Fed monetary stimulus and US govt stimulus pushed $5 trillion of excess liquidity into the system.<\/strong><\/h3>\n<h3 style=\"padding-left: 40px;\"><strong>They need to pull this back out to get us back to long term trend line levels now that the economy has reopened.<\/strong><\/h3>\n<h3 style=\"padding-left: 40px;\"><strong>The liquidity push worked to cushion the economic impact of irrational COVID lockdowns and other irrational government policies around the pandemic.<\/strong><\/h3>\n<h3 style=\"padding-left: 40px;\"><strong>To return to normal, the inflation wildfire needs to be extinguished which isn&#8217;t easy without a sustained effort over time by the Fed.<\/strong><\/h3>\n<hr \/>\n<p>___<br \/>\n<a href=\"https:\/\/www.zerohedge.com\/user\/250043\">https:\/\/www.zerohedge.com\/user\/250043<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-130538","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/stateofthenation.co\/index.php?rest_route=\/wp\/v2\/posts\/130538","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stateofthenation.co\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stateofthenation.co\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stateofthenation.co\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/stateofthenation.co\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=130538"}],"version-history":[{"count":0,"href":"https:\/\/stateofthenation.co\/index.php?rest_route=\/wp\/v2\/posts\/130538\/revisions"}],"wp:attachment":[{"href":"https:\/\/stateofthenation.co\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=130538"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stateofthenation.co\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=130538"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stateofthenation.co\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=130538"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}