{"id":2852,"date":"2015-10-15T16:15:03","date_gmt":"2015-10-15T16:15:03","guid":{"rendered":"http:\/\/fenello.com\/blog\/?p=2852"},"modified":"2015-10-15T16:15:03","modified_gmt":"2015-10-15T16:15:03","slug":"iceland-looks-at-ending-boom-and-bust-with-radical-money-plan","status":"publish","type":"post","link":"https:\/\/fenello.com\/oldnews\/tranzitioning\/?p=2852","title":{"rendered":"Iceland looks at ending boom and bust with radical money plan"},"content":{"rendered":"<div class=\"mceItemEmbedly\" style=\"max-width:600px;\" data-ajax=\"{'url':'http:\/\/www.telegraph.co.uk\/finance\/economics\/11507810\/Iceland-looks-at-ending-boom-and-bust-with-radical-money-plan.html','width':null,'words':null,'height':null,'embed':'&lt;div class=\\&quot;embedly\\&quot; style=\\&quot;\\&quot;&gt;&lt;img src=\\&quot;http:\/\/i.telegraph.co.uk\/multimedia\/archive\/03252\/iceland_3252458k.jpg\\&quot; class=\\&quot;thumb embedly-thumbnail-small\\&quot; \/&gt;&lt;a class=\\'embedly-title\\' target=\\'_blank\\' href=\\'http:\/\/www.telegraph.co.uk\/finance\/economics\/11507810\/Iceland-looks-at-ending-boom-and-bust-with-radical-money-plan.html\\'&gt;Iceland looks at ending boom and bust with radical money plan&lt;\/a&gt;Mr Sigurjonsson said the problem each time arose from ballooning credit during a strong economic cycle. Frosti Sigurjonsson\\'s report, entitled A Better Monetary System For Iceland He argued the central bank was unable to contain the credit boom, allowing inflation to rise and sparking exaggerated risk-taking and speculation, the threat of bank collapse and costly state interventions.&lt;div class=\\&quot;embedly-clear\\&quot;&gt;&lt;\/div&gt;&lt;span class=\\&quot;embedly-powered\\&quot; style=\\&quot;float:right;display:block\\&quot;&gt;&lt;a target=\\&quot;_blank\\&quot; href=\\&quot;http:\/\/embed.ly\/code?url=http%3A%2F%2Fwww.telegraph.co.uk%2Ffinance%2Feconomics%2F11507810%2FIceland-looks-at-ending-boom-and-bust-with-radical-money-plan.html\\&quot; title=\\&quot;Powered by Embedly\\&quot;&gt;&lt;img src=\\&quot;http:\/\/static.embed.ly\/images\/logos\/embedly-powered-small-light.png\\&quot; alt=\\&quot;Embedly Powered\\&quot; \/&gt;&lt;\/a&gt;&lt;\/span&gt;&lt;div class=\\&quot;media-attribution\\&quot;&gt;&lt;span&gt;via &lt;\/span&gt;&lt;a href=\\&quot;http:\/\/www.telegraph.co.uk\\&quot; class=\\&quot;media-attribution-link\\&quot; target=\\&quot;_blank\\&quot;&gt;Telegraph.co.uk&lt;\/a&gt;&lt;\/span&gt;&lt;\/div&gt;&lt;div class=\\&quot;embedly-clear\\&quot;&gt;&lt;\/div&gt;&lt;\/div&gt;'}\">\n<div class=\"embedly\" style=\"\"><img decoding=\"async\" src=\"http:\/\/i.telegraph.co.uk\/multimedia\/archive\/03252\/iceland_3252458k.jpg\" class=\"thumb embedly-thumbnail-small\" \/><a class='embedly-title' target='_blank' href='http:\/\/www.telegraph.co.uk\/finance\/economics\/11507810\/Iceland-looks-at-ending-boom-and-bust-with-radical-money-plan.html'>Iceland looks at ending boom and bust with radical money plan<\/a>Mr Sigurjonsson said the problem each time arose from ballooning credit during a strong economic cycle. Frosti Sigurjonsson&#8217;s report, entitled A Better Monetary System For Iceland He argued the central bank was unable to contain the credit boom, allowing inflation to rise and sparking exaggerated risk-taking and speculation, the threat of bank collapse and costly state interventions.<\/p>\n<div class=\"embedly-clear\"><\/div>\n<p><span class=\"embedly-powered\" style=\"float:right;display:block\"><a target=\"_blank\" href=\"http:\/\/embed.ly\/code?url=http%3A%2F%2Fwww.telegraph.co.uk%2Ffinance%2Feconomics%2F11507810%2FIceland-looks-at-ending-boom-and-bust-with-radical-money-plan.html\" title=\"Powered by Embedly\"><img decoding=\"async\" src=\"http:\/\/static.embed.ly\/images\/logos\/embedly-powered-small-light.png\" alt=\"Embedly Powered\" \/><\/a><\/span><\/p>\n<div class=\"media-attribution\"><span>via <\/span><a href=\"http:\/\/www.telegraph.co.uk\" class=\"media-attribution-link\" target=\"_blank\">Telegraph.co.uk<\/a><\/span><\/div>\n<div class=\"embedly-clear\"><\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Iceland looks at ending boom and bust with radical money planMr Sigurjonsson said the problem each time arose from ballooning credit during a strong economic cycle. Frosti Sigurjonsson&#8217;s report, entitled A Better Monetary System For Iceland He argued the central &hellip; <a href=\"https:\/\/fenello.com\/oldnews\/tranzitioning\/?p=2852\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-2852","post","type-post","status-publish","format-standard","hentry","category-tranzitioning"],"_links":{"self":[{"href":"https:\/\/fenello.com\/oldnews\/wp-json\/wp\/v2\/posts\/2852","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fenello.com\/oldnews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fenello.com\/oldnews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fenello.com\/oldnews\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/fenello.com\/oldnews\/wp-json\/wp\/v2\/comments?post=2852"}],"version-history":[{"count":1,"href":"https:\/\/fenello.com\/oldnews\/wp-json\/wp\/v2\/posts\/2852\/revisions"}],"predecessor-version":[{"id":2853,"href":"https:\/\/fenello.com\/oldnews\/wp-json\/wp\/v2\/posts\/2852\/revisions\/2853"}],"wp:attachment":[{"href":"https:\/\/fenello.com\/oldnews\/wp-json\/wp\/v2\/media?parent=2852"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fenello.com\/oldnews\/wp-json\/wp\/v2\/categories?post=2852"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fenello.com\/oldnews\/wp-json\/wp\/v2\/tags?post=2852"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}