{"id":3367,"date":"2012-02-02T13:19:56","date_gmt":"2012-02-02T18:19:56","guid":{"rendered":"http:\/\/jimbovard.com\/blog\/?p=3367"},"modified":"2012-02-02T13:19:56","modified_gmt":"2012-02-02T18:19:56","slug":"the-fed-is-wrecking-our-economy","status":"publish","type":"post","link":"https:\/\/jimbovard.com\/blog\/2012\/02\/02\/the-fed-is-wrecking-our-economy\/","title":{"rendered":"The Fed is Wrecking Our Economy"},"content":{"rendered":"<p>My two cents on the latest humbug from Federal Reserve chief Ben Bernanke:<\/p>\n<blockquote><p>In an <a href=\"http:\/\/presstv.com\/usdetail\/224514.html\"><strong>interview with Press TV <\/strong><\/a>on Thursday, James Bovard, a policy advisor for The Future of Freedom Foundation explained that U.S. Federal Reserve policies are further hurting the U.S. economy rather than improving it.<\/p>\n<p>\u201cThe Federal Reserve itself has done so much to undermine the American economy and throttle its recovery. The Federal Reserve has held interest rates far too low for far too long that have destroyed Americans\u2019 incentive to save.\u201d<\/p>\n<p>He added, \u201cA major reason why the U.S economy has not bounced back strong is because businesses and lot of others are fearful of what kind of stupid policy Washington might do next.\u201d<\/p><\/blockquote>\n<p>You can listen to the short monologue by clicking on or downloading the following: <a href='http:\/\/jimbovard.com\/blog\/wp-content\/uploads\/2012\/02\/james-bovard-final.mp3'><strong>james-bovard-fina<\/strong>l<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>My two cents on the latest humbug from Federal Reserve chief Ben Bernanke: In an interview with Press TV on Thursday, James Bovard, a policy advisor for The Future of Freedom Foundation explained that U.S. Federal Reserve policies are further hurting the U.S. economy rather than improving it. \u201cThe Federal Reserve itself has done so [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3367","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>The Fed is Wrecking Our Economy - James Bovard<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/jimbovard.com\/blog\/2012\/02\/02\/the-fed-is-wrecking-our-economy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Fed is Wrecking Our Economy - James Bovard\" \/>\n<meta property=\"og:description\" content=\"My two cents on the latest humbug from Federal Reserve chief Ben Bernanke: In an interview with Press TV on Thursday, James Bovard, a policy advisor for The Future of Freedom Foundation explained that U.S. Federal Reserve policies are further hurting the U.S. economy rather than improving it. \u201cThe Federal Reserve itself has done so [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/jimbovard.com\/blog\/2012\/02\/02\/the-fed-is-wrecking-our-economy\/\" \/>\n<meta property=\"og:site_name\" content=\"James Bovard\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/jim.bovard\" \/>\n<meta property=\"article:published_time\" content=\"2012-02-02T18:19:56+00:00\" \/>\n<meta name=\"author\" content=\"Jim\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@jimbovard\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Jim\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/jimbovard.com\\\/blog\\\/2012\\\/02\\\/02\\\/the-fed-is-wrecking-our-economy\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/jimbovard.com\\\/blog\\\/2012\\\/02\\\/02\\\/the-fed-is-wrecking-our-economy\\\/\"},\"author\":{\"name\":\"Jim\",\"@id\":\"https:\\\/\\\/jimbovard.com\\\/blog\\\/#\\\/schema\\\/person\\\/79550830ad81c14be529a2c37469974f\"},\"headline\":\"The Fed is Wrecking Our Economy\",\"datePublished\":\"2012-02-02T18:19:56+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/jimbovard.com\\\/blog\\\/2012\\\/02\\\/02\\\/the-fed-is-wrecking-our-economy\\\/\"},\"wordCount\":143,\"commentCount\":0,\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/jimbovard.com\\\/blog\\\/2012\\\/02\\\/02\\\/the-fed-is-wrecking-our-economy\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/jimbovard.com\\\/blog\\\/2012\\\/02\\\/02\\\/the-fed-is-wrecking-our-economy\\\/\",\"url\":\"https:\\\/\\\/jimbovard.com\\\/blog\\\/2012\\\/02\\\/02\\\/the-fed-is-wrecking-our-economy\\\/\",\"name\":\"The Fed is Wrecking Our Economy - James Bovard\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/jimbovard.com\\\/blog\\\/#website\"},\"datePublished\":\"2012-02-02T18:19:56+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/jimbovard.com\\\/blog\\\/#\\\/schema\\\/person\\\/79550830ad81c14be529a2c37469974f\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/jimbovard.com\\\/blog\\\/2012\\\/02\\\/02\\\/the-fed-is-wrecking-our-economy\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/jimbovard.com\\\/blog\\\/2012\\\/02\\\/02\\\/the-fed-is-wrecking-our-economy\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/jimbovard.com\\\/blog\\\/2012\\\/02\\\/02\\\/the-fed-is-wrecking-our-economy\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/jimbovard.com\\\/blog\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"The Fed is Wrecking Our Economy\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/jimbovard.com\\\/blog\\\/#website\",\"url\":\"https:\\\/\\\/jimbovard.com\\\/blog\\\/\",\"name\":\"James Bovard\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/jimbovard.com\\\/blog\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/jimbovard.com\\\/blog\\\/#\\\/schema\\\/person\\\/79550830ad81c14be529a2c37469974f\",\"name\":\"Jim\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/d95466cfd0934e38803c5035629df727ae4ec1f3f96c6883c05b5c52e2044505?s=96&d=mm&r=r\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/d95466cfd0934e38803c5035629df727ae4ec1f3f96c6883c05b5c52e2044505?s=96&d=mm&r=r\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/d95466cfd0934e38803c5035629df727ae4ec1f3f96c6883c05b5c52e2044505?s=96&d=mm&r=r\",\"caption\":\"Jim\"},\"description\":\"Bovard's homepage is at http:\\\/\\\/www.jimbovard.com He can be contacted at jim@jimbovard.com James Bovard is the author of ten books. The Wall Street Journal called Bovard \\\"the roving inspector general of the modern state\\\" and Washington Post columnist George Will called him a \\\"one-man truth squad.\\\" His 1994 book, Lost Rights: The Destruction of American Liberty, received the Free Press Association\u2019s Mencken Award as Book of the Year. His Terrorism &amp; Tyranny won the Lysander Spooner \\\"Best Book on Liberty in 2003\\\" award. He received the Thomas Szasz Award for Civil Liberties work, awarded by the Center for Independent Thought and the Freedom Fund Award from the Firearms Civil Rights Defense Fund of the National Rifle Association. Bovard\u2019s writings have been publicly denounced by FBI director Louis Freeh, the Secretary of Agriculture, the Secretary of Housing and Urban Development, the Postmaster General, and the chiefs of the U.S. International Trade Commission, the Drug Enforcement Administration, the Equal Employment Opportunity Commission, and the Federal Emergency Management Agency, as well as by many congressmen and other malcontents.\",\"sameAs\":[\"http:\\\/\\\/www.jimbovard.com\",\"https:\\\/\\\/www.facebook.com\\\/jim.bovard\",\"https:\\\/\\\/x.com\\\/jimbovard\"],\"url\":\"https:\\\/\\\/jimbovard.com\\\/blog\\\/author\\\/admin\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"The Fed is Wrecking Our Economy - James Bovard","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/jimbovard.com\/blog\/2012\/02\/02\/the-fed-is-wrecking-our-economy\/","og_locale":"en_US","og_type":"article","og_title":"The Fed is Wrecking Our Economy - James Bovard","og_description":"My two cents on the latest humbug from Federal Reserve chief Ben Bernanke: In an interview with Press TV on Thursday, James Bovard, a policy advisor for The Future of Freedom Foundation explained that U.S. Federal Reserve policies are further hurting the U.S. economy rather than improving it. \u201cThe Federal Reserve itself has done so [&hellip;]","og_url":"https:\/\/jimbovard.com\/blog\/2012\/02\/02\/the-fed-is-wrecking-our-economy\/","og_site_name":"James Bovard","article_author":"https:\/\/www.facebook.com\/jim.bovard","article_published_time":"2012-02-02T18:19:56+00:00","author":"Jim","twitter_card":"summary_large_image","twitter_creator":"@jimbovard","twitter_misc":{"Written by":"Jim","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/jimbovard.com\/blog\/2012\/02\/02\/the-fed-is-wrecking-our-economy\/#article","isPartOf":{"@id":"https:\/\/jimbovard.com\/blog\/2012\/02\/02\/the-fed-is-wrecking-our-economy\/"},"author":{"name":"Jim","@id":"https:\/\/jimbovard.com\/blog\/#\/schema\/person\/79550830ad81c14be529a2c37469974f"},"headline":"The Fed is Wrecking Our Economy","datePublished":"2012-02-02T18:19:56+00:00","mainEntityOfPage":{"@id":"https:\/\/jimbovard.com\/blog\/2012\/02\/02\/the-fed-is-wrecking-our-economy\/"},"wordCount":143,"commentCount":0,"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/jimbovard.com\/blog\/2012\/02\/02\/the-fed-is-wrecking-our-economy\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/jimbovard.com\/blog\/2012\/02\/02\/the-fed-is-wrecking-our-economy\/","url":"https:\/\/jimbovard.com\/blog\/2012\/02\/02\/the-fed-is-wrecking-our-economy\/","name":"The Fed is Wrecking Our Economy - James Bovard","isPartOf":{"@id":"https:\/\/jimbovard.com\/blog\/#website"},"datePublished":"2012-02-02T18:19:56+00:00","author":{"@id":"https:\/\/jimbovard.com\/blog\/#\/schema\/person\/79550830ad81c14be529a2c37469974f"},"breadcrumb":{"@id":"https:\/\/jimbovard.com\/blog\/2012\/02\/02\/the-fed-is-wrecking-our-economy\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/jimbovard.com\/blog\/2012\/02\/02\/the-fed-is-wrecking-our-economy\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/jimbovard.com\/blog\/2012\/02\/02\/the-fed-is-wrecking-our-economy\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/jimbovard.com\/blog\/"},{"@type":"ListItem","position":2,"name":"The Fed is Wrecking Our Economy"}]},{"@type":"WebSite","@id":"https:\/\/jimbovard.com\/blog\/#website","url":"https:\/\/jimbovard.com\/blog\/","name":"James Bovard","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/jimbovard.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/jimbovard.com\/blog\/#\/schema\/person\/79550830ad81c14be529a2c37469974f","name":"Jim","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/d95466cfd0934e38803c5035629df727ae4ec1f3f96c6883c05b5c52e2044505?s=96&d=mm&r=r","url":"https:\/\/secure.gravatar.com\/avatar\/d95466cfd0934e38803c5035629df727ae4ec1f3f96c6883c05b5c52e2044505?s=96&d=mm&r=r","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/d95466cfd0934e38803c5035629df727ae4ec1f3f96c6883c05b5c52e2044505?s=96&d=mm&r=r","caption":"Jim"},"description":"Bovard's homepage is at http:\/\/www.jimbovard.com He can be contacted at jim@jimbovard.com James Bovard is the author of ten books. The Wall Street Journal called Bovard \"the roving inspector general of the modern state\" and Washington Post columnist George Will called him a \"one-man truth squad.\" His 1994 book, Lost Rights: The Destruction of American Liberty, received the Free Press Association\u2019s Mencken Award as Book of the Year. His Terrorism &amp; Tyranny won the Lysander Spooner \"Best Book on Liberty in 2003\" award. He received the Thomas Szasz Award for Civil Liberties work, awarded by the Center for Independent Thought and the Freedom Fund Award from the Firearms Civil Rights Defense Fund of the National Rifle Association. Bovard\u2019s writings have been publicly denounced by FBI director Louis Freeh, the Secretary of Agriculture, the Secretary of Housing and Urban Development, the Postmaster General, and the chiefs of the U.S. International Trade Commission, the Drug Enforcement Administration, the Equal Employment Opportunity Commission, and the Federal Emergency Management Agency, as well as by many congressmen and other malcontents.","sameAs":["http:\/\/www.jimbovard.com","https:\/\/www.facebook.com\/jim.bovard","https:\/\/x.com\/jimbovard"],"url":"https:\/\/jimbovard.com\/blog\/author\/admin\/"}]}},"_links":{"self":[{"href":"https:\/\/jimbovard.com\/blog\/wp-json\/wp\/v2\/posts\/3367","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jimbovard.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jimbovard.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jimbovard.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/jimbovard.com\/blog\/wp-json\/wp\/v2\/comments?post=3367"}],"version-history":[{"count":4,"href":"https:\/\/jimbovard.com\/blog\/wp-json\/wp\/v2\/posts\/3367\/revisions"}],"predecessor-version":[{"id":3373,"href":"https:\/\/jimbovard.com\/blog\/wp-json\/wp\/v2\/posts\/3367\/revisions\/3373"}],"wp:attachment":[{"href":"https:\/\/jimbovard.com\/blog\/wp-json\/wp\/v2\/media?parent=3367"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jimbovard.com\/blog\/wp-json\/wp\/v2\/categories?post=3367"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jimbovard.com\/blog\/wp-json\/wp\/v2\/tags?post=3367"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}