{
  "id": 12401149,
  "title": "The Federal Reserve’s Nonsense Policy",
  "url": "https://urgent.news/2026/10/06/the-federal-reserves-nonsense-policy",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-06T14:22:54.000Z",
  "source": {
    "name": "Forbes",
    "slug": "forbes",
    "url": "https://www.forbes.com/sites/nathanlewis/2026/10/06/the-federal-reserves-nonsense-policy/"
  },
  "original_language": "en",
  "account": null,
  "summary": "Between 1950 and 1970, Per Capita National Income (basically wages) in Japan rose 15% per year compounded, while the CPI rose 4.8%. The Bank of Japan did nothing.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}