{"id":5325,"date":"2020-04-20T21:03:53","date_gmt":"2020-04-20T21:03:53","guid":{"rendered":"https:\/\/newmoneyreview.com\/?p=5325"},"modified":"2020-05-20T08:58:49","modified_gmt":"2020-05-20T08:58:49","slug":"5325","status":"publish","type":"post","link":"https:\/\/newmoneyreview.com\/index.php\/2020\/04\/20\/5325\/","title":{"rendered":"You can&#8217;t give it away"},"content":{"rendered":"<p>Today\u2019s dramatic collapse in the oil price is the latest confirmation of an economic slump that central banks and governments appear powerless to halt.<\/p>\n<p>Benchmark oil prices, measured by the May West Texas Intermediate (WTI) futures contract, traded as low as -$40. This meant those buying oil today were paid by sellers to take it off their hands.<\/p>\n<p><em>May WTI future<\/em><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-5323\" src=\"https:\/\/newmoneyreview.com\/wp-content\/uploads\/2020\/04\/oil.png\" alt=\"\" width=\"353\" height=\"316\" srcset=\"https:\/\/newmoneyreview.com\/wp-content\/uploads\/2020\/04\/oil.png 800w, https:\/\/newmoneyreview.com\/wp-content\/uploads\/2020\/04\/oil-300x269.png 300w, https:\/\/newmoneyreview.com\/wp-content\/uploads\/2020\/04\/oil-768x687.png 768w\" sizes=\"auto, (max-width: 353px) 100vw, 353px\" \/><\/p>\n<p>The negative oil price reflects a huge supply glut as a result of reduced global economic activity in the wake of the corona pandemic.<\/p>\n<p>Storage tanks in Cushing, Oklahoma, where trades in the West Texas Intermediate futures contract settle, have no more space, with <a href=\"https:\/\/www.ft.com\/content\/a5292644-958d-4065-92e8-ace55d766654\">some observers predicting all US oil storage capacity will be full within two weeks<\/a>.<\/p>\n<p>Today\u2019s oil crash adds to signs of increasing strains across the world\u2019s physical, energy and financial infrastructures.<\/p>\n<p>Last week the UK\u2019s electricity supply network, the National Grid, <a href=\"https:\/\/www.theguardian.com\/business\/2020\/apr\/16\/low-demand-for-power-causes-problems-for-national-grid\">said that record low demand for electricity during Britain\u2019s coronavirus lockdown could lead to windfarms and other renewable power plants being turned off.<\/a><\/p>\n<p>As nuclear power plants can\u2019t easily be disconnected from the grid, power gluts can force the producers of wind, solar, geothermal or hydroelectric energy to quit the market.<\/p>\n<p>The UK&#8217;s energy infrastructure has been showing signs of strain in a series of episodes apparently linked to fluctuating or falling demand.<\/p>\n<p>In <a href=\"https:\/\/www.theguardian.com\/business\/2019\/aug\/12\/three-blackout-near-misses-in-three-months-says-national-grid\">2019, according to the Guardian, the National Grid<\/a> suffered three blackout \u2018near-misses\u2019 in as many months before a major outage in August left almost a million homes in the dark and forced trains to a standstill around the UK.<\/p>\n<p>Oil markets are not the only energy sector to have seen negative prices in recent months.<\/p>\n<p>For example, <a href=\"https:\/\/newmoneyreview.com\/index.php\/2019\/10\/18\/peter-thiels-contrarian-bitcoin-bet\/\">gas producers in Texas have been also left with hydrocarbon assets<\/a> they cannot pay consumers to accept.<\/p>\n<p>Some of these producers are flaring their excess gas into the sky illegally, producing fires so large they can be seen from space.<\/p>\n<p>Meanwhile, other gas producers are building plants to convert excess hydrocarbons into bitcoin. This bitcoin can then be traded for cash, offering the producer some chance of salvaging a return.<\/p>\n<p>It\u2019s not just commodities that can\u2019t be given away. Money, in the form of government debt, also carries negative interest rates across $12 trillion of the world\u2019s bond markets.<\/p>\n<p>This means a bond buyer has to pay the bond issuer, the borrower, for the privilege of owning its bonds.<\/p>\n<p>In the depression of the 1930s, the last major worldwide episode of deflation\u2014falling prices economy-wide\u2014the US central bank allowed the money supply to contract by about a third between 1929 and 1932, with money in issue dropping in tandem with economic activity.<\/p>\n<p>Later, this was seen as a major policy error.<\/p>\n<p>In 2002, Ben Bernanke, later the governor of the US central bank, the Federal Reserve, said that the US had learned its lessons and that under a fiat money system it should always be possible to reverse a deflation by printing money.<\/p>\n<p>The US central bank has been practising what Bernanke preached: in response to the coronavirus pandemic, the Federal Reserve has already increased its balance sheet, the basis of the US dollar money supply, by over 50 percent in a little more than a month.<\/p>\n<p><em>US Federal Reserve balance sheet<\/em><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-5322\" src=\"https:\/\/newmoneyreview.com\/wp-content\/uploads\/2020\/04\/fed-bs.jpg\" alt=\"\" width=\"453\" height=\"283\" srcset=\"https:\/\/newmoneyreview.com\/wp-content\/uploads\/2020\/04\/fed-bs.jpg 453w, https:\/\/newmoneyreview.com\/wp-content\/uploads\/2020\/04\/fed-bs-300x187.jpg 300w\" sizes=\"auto, (max-width: 453px) 100vw, 453px\" \/><\/p>\n<p>\u201cIf we do fall into deflation, we can take comfort that the logic of the printing press example must assert itself, and sufficient injections of money will ultimately always reverse a deflation,\u201d <a href=\"https:\/\/www.federalreserve.gov\/boarddocs\/speeches\/2002\/20021121\/\">Bernanke said<\/a> in his 2002 speech.<\/p>\n<p>However, t<span data-offset-key=\"b1002-0-0\">oday\u2019s <\/span><span data-offset-key=\"b1002-1-0\">oil price<\/span><span data-offset-key=\"b1002-2-0\"> collapse adds to evidence that the <\/span><span data-offset-key=\"b1002-3-0\">deflationary<\/span><span data-offset-key=\"b1002-4-0\"> forces unleashed by the <\/span><span data-offset-key=\"b1002-5-0\">coronavirus<\/span> <span data-offset-key=\"b1002-7-0\">pandemic<\/span><span data-offset-key=\"b1002-8-0\"> are now overwhelming governments\u2019 and central banks\u2019 money-printing efforts<\/span>. Bernanke may have got it wrong.<\/p>\n<p><em>Keep up with New Money Review content: <a href=\"http:\/\/eepurl.com\/du6eTr\">sign up here<\/a> for our\u00a0newsletter<\/em><\/p>\n<p><em><a href=\"https:\/\/blubrry.com\/newmoneyreview\/\">Click here<\/a> for a full list of episodes of the New Money Review podcast: the future of money in 30 minutes<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Today\u2019s dramatic collapse in the oil price is the latest confirmation of an economic slump that central banks and governments appear powerless to halt. Benchmark oil prices, measured by the [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":5324,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1013,1053,1026,1011],"tags":[1726,1066,1724,1725],"class_list":{"0":"post-5325","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-account","8":"category-featured-1","9":"category-latest-slider","10":"category-value","11":"tag-ben-bernanke","12":"tag-deflation","13":"tag-oil","14":"tag-wti"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>You can&#039;t give it away - New Money Review<\/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:\/\/newmoneyreview.com\/index.php\/2020\/04\/20\/5325\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"You can&#039;t give it away - New Money Review\" \/>\n<meta property=\"og:description\" content=\"Today\u2019s dramatic collapse in the oil price is the latest confirmation of an economic slump that central banks and governments appear powerless to halt. Benchmark oil prices, measured by the [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/newmoneyreview.com\/index.php\/2020\/04\/20\/5325\/\" \/>\n<meta property=\"og:site_name\" content=\"New Money Review\" \/>\n<meta property=\"article:published_time\" content=\"2020-04-20T21:03:53+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-05-20T08:58:49+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/newmoneyreview.com\/wp-content\/uploads\/2020\/04\/topple.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1400\" \/>\n\t<meta property=\"og:image:height\" content=\"933\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Paul Amery\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ameryp\" \/>\n<meta name=\"twitter:site\" content=\"@newmoneyreview\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Paul Amery\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/newmoneyreview.com\/index.php\/2020\/04\/20\/5325\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/newmoneyreview.com\/index.php\/2020\/04\/20\/5325\/\"},\"author\":{\"name\":\"Paul Amery\",\"@id\":\"https:\/\/newmoneyreview.com\/#\/schema\/person\/71bdc8f94d4973d4c5bd2a8fe5a83412\"},\"headline\":\"You can&#8217;t give it away\",\"datePublished\":\"2020-04-20T21:03:53+00:00\",\"dateModified\":\"2020-05-20T08:58:49+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/newmoneyreview.com\/index.php\/2020\/04\/20\/5325\/\"},\"wordCount\":651,\"publisher\":{\"@id\":\"https:\/\/newmoneyreview.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/newmoneyreview.com\/index.php\/2020\/04\/20\/5325\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/newmoneyreview.com\/wp-content\/uploads\/2020\/04\/topple.jpg\",\"keywords\":[\"Ben Bernanke\",\"deflation\",\"oil\",\"WTI\"],\"articleSection\":[\"ACCOUNT\",\"Featured\",\"Latest\",\"VALUE\"],\"inLanguage\":\"en-GB\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/newmoneyreview.com\/index.php\/2020\/04\/20\/5325\/\",\"url\":\"https:\/\/newmoneyreview.com\/index.php\/2020\/04\/20\/5325\/\",\"name\":\"You can't give it away - New Money Review\",\"isPartOf\":{\"@id\":\"https:\/\/newmoneyreview.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/newmoneyreview.com\/index.php\/2020\/04\/20\/5325\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/newmoneyreview.com\/index.php\/2020\/04\/20\/5325\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/newmoneyreview.com\/wp-content\/uploads\/2020\/04\/topple.jpg\",\"datePublished\":\"2020-04-20T21:03:53+00:00\",\"dateModified\":\"2020-05-20T08:58:49+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/newmoneyreview.com\/index.php\/2020\/04\/20\/5325\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/newmoneyreview.com\/index.php\/2020\/04\/20\/5325\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/newmoneyreview.com\/index.php\/2020\/04\/20\/5325\/#primaryimage\",\"url\":\"https:\/\/newmoneyreview.com\/wp-content\/uploads\/2020\/04\/topple.jpg\",\"contentUrl\":\"https:\/\/newmoneyreview.com\/wp-content\/uploads\/2020\/04\/topple.jpg\",\"width\":1400,\"height\":933},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/newmoneyreview.com\/index.php\/2020\/04\/20\/5325\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/newmoneyreview.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"You can&#8217;t give it away\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/newmoneyreview.com\/#website\",\"url\":\"https:\/\/newmoneyreview.com\/\",\"name\":\"New Money Review\",\"description\":\"A periodical covering the accelerating changes in money\",\"publisher\":{\"@id\":\"https:\/\/newmoneyreview.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/newmoneyreview.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/newmoneyreview.com\/#organization\",\"name\":\"New Money Review\",\"url\":\"https:\/\/newmoneyreview.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/newmoneyreview.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/newmoneyreview.com\/wp-content\/uploads\/2018\/01\/cropped-nmr_close-crop.jpg\",\"contentUrl\":\"https:\/\/newmoneyreview.com\/wp-content\/uploads\/2018\/01\/cropped-nmr_close-crop.jpg\",\"width\":1418,\"height\":158,\"caption\":\"New Money Review\"},\"image\":{\"@id\":\"https:\/\/newmoneyreview.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/x.com\/newmoneyreview\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/newmoneyreview.com\/#\/schema\/person\/71bdc8f94d4973d4c5bd2a8fe5a83412\",\"name\":\"Paul Amery\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/newmoneyreview.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/58b6269b43fc8c137f118222b601e5041bee2cc0e3291a23180bfb7d36499b18?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/58b6269b43fc8c137f118222b601e5041bee2cc0e3291a23180bfb7d36499b18?s=96&d=mm&r=g\",\"caption\":\"Paul Amery\"},\"sameAs\":[\"https:\/\/x.com\/@ameryp\"],\"url\":\"https:\/\/newmoneyreview.com\/index.php\/author\/paul-amery\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"You can't give it away - New Money Review","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:\/\/newmoneyreview.com\/index.php\/2020\/04\/20\/5325\/","og_locale":"en_GB","og_type":"article","og_title":"You can't give it away - New Money Review","og_description":"Today\u2019s dramatic collapse in the oil price is the latest confirmation of an economic slump that central banks and governments appear powerless to halt. Benchmark oil prices, measured by the [&hellip;]","og_url":"https:\/\/newmoneyreview.com\/index.php\/2020\/04\/20\/5325\/","og_site_name":"New Money Review","article_published_time":"2020-04-20T21:03:53+00:00","article_modified_time":"2020-05-20T08:58:49+00:00","og_image":[{"width":1400,"height":933,"url":"https:\/\/newmoneyreview.com\/wp-content\/uploads\/2020\/04\/topple.jpg","type":"image\/jpeg"}],"author":"Paul Amery","twitter_card":"summary_large_image","twitter_creator":"@ameryp","twitter_site":"@newmoneyreview","twitter_misc":{"Written by":"Paul Amery","Estimated reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/newmoneyreview.com\/index.php\/2020\/04\/20\/5325\/#article","isPartOf":{"@id":"https:\/\/newmoneyreview.com\/index.php\/2020\/04\/20\/5325\/"},"author":{"name":"Paul Amery","@id":"https:\/\/newmoneyreview.com\/#\/schema\/person\/71bdc8f94d4973d4c5bd2a8fe5a83412"},"headline":"You can&#8217;t give it away","datePublished":"2020-04-20T21:03:53+00:00","dateModified":"2020-05-20T08:58:49+00:00","mainEntityOfPage":{"@id":"https:\/\/newmoneyreview.com\/index.php\/2020\/04\/20\/5325\/"},"wordCount":651,"publisher":{"@id":"https:\/\/newmoneyreview.com\/#organization"},"image":{"@id":"https:\/\/newmoneyreview.com\/index.php\/2020\/04\/20\/5325\/#primaryimage"},"thumbnailUrl":"https:\/\/newmoneyreview.com\/wp-content\/uploads\/2020\/04\/topple.jpg","keywords":["Ben Bernanke","deflation","oil","WTI"],"articleSection":["ACCOUNT","Featured","Latest","VALUE"],"inLanguage":"en-GB"},{"@type":"WebPage","@id":"https:\/\/newmoneyreview.com\/index.php\/2020\/04\/20\/5325\/","url":"https:\/\/newmoneyreview.com\/index.php\/2020\/04\/20\/5325\/","name":"You can't give it away - New Money Review","isPartOf":{"@id":"https:\/\/newmoneyreview.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/newmoneyreview.com\/index.php\/2020\/04\/20\/5325\/#primaryimage"},"image":{"@id":"https:\/\/newmoneyreview.com\/index.php\/2020\/04\/20\/5325\/#primaryimage"},"thumbnailUrl":"https:\/\/newmoneyreview.com\/wp-content\/uploads\/2020\/04\/topple.jpg","datePublished":"2020-04-20T21:03:53+00:00","dateModified":"2020-05-20T08:58:49+00:00","breadcrumb":{"@id":"https:\/\/newmoneyreview.com\/index.php\/2020\/04\/20\/5325\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/newmoneyreview.com\/index.php\/2020\/04\/20\/5325\/"]}]},{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/newmoneyreview.com\/index.php\/2020\/04\/20\/5325\/#primaryimage","url":"https:\/\/newmoneyreview.com\/wp-content\/uploads\/2020\/04\/topple.jpg","contentUrl":"https:\/\/newmoneyreview.com\/wp-content\/uploads\/2020\/04\/topple.jpg","width":1400,"height":933},{"@type":"BreadcrumbList","@id":"https:\/\/newmoneyreview.com\/index.php\/2020\/04\/20\/5325\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/newmoneyreview.com\/"},{"@type":"ListItem","position":2,"name":"You can&#8217;t give it away"}]},{"@type":"WebSite","@id":"https:\/\/newmoneyreview.com\/#website","url":"https:\/\/newmoneyreview.com\/","name":"New Money Review","description":"A periodical covering the accelerating changes in money","publisher":{"@id":"https:\/\/newmoneyreview.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/newmoneyreview.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-GB"},{"@type":"Organization","@id":"https:\/\/newmoneyreview.com\/#organization","name":"New Money Review","url":"https:\/\/newmoneyreview.com\/","logo":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/newmoneyreview.com\/#\/schema\/logo\/image\/","url":"https:\/\/newmoneyreview.com\/wp-content\/uploads\/2018\/01\/cropped-nmr_close-crop.jpg","contentUrl":"https:\/\/newmoneyreview.com\/wp-content\/uploads\/2018\/01\/cropped-nmr_close-crop.jpg","width":1418,"height":158,"caption":"New Money Review"},"image":{"@id":"https:\/\/newmoneyreview.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/x.com\/newmoneyreview"]},{"@type":"Person","@id":"https:\/\/newmoneyreview.com\/#\/schema\/person\/71bdc8f94d4973d4c5bd2a8fe5a83412","name":"Paul Amery","image":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/newmoneyreview.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/58b6269b43fc8c137f118222b601e5041bee2cc0e3291a23180bfb7d36499b18?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/58b6269b43fc8c137f118222b601e5041bee2cc0e3291a23180bfb7d36499b18?s=96&d=mm&r=g","caption":"Paul Amery"},"sameAs":["https:\/\/x.com\/@ameryp"],"url":"https:\/\/newmoneyreview.com\/index.php\/author\/paul-amery\/"}]}},"jetpack_featured_media_url":"https:\/\/newmoneyreview.com\/wp-content\/uploads\/2020\/04\/topple.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/newmoneyreview.com\/index.php\/wp-json\/wp\/v2\/posts\/5325","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newmoneyreview.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newmoneyreview.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newmoneyreview.com\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/newmoneyreview.com\/index.php\/wp-json\/wp\/v2\/comments?post=5325"}],"version-history":[{"count":15,"href":"https:\/\/newmoneyreview.com\/index.php\/wp-json\/wp\/v2\/posts\/5325\/revisions"}],"predecessor-version":[{"id":5341,"href":"https:\/\/newmoneyreview.com\/index.php\/wp-json\/wp\/v2\/posts\/5325\/revisions\/5341"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newmoneyreview.com\/index.php\/wp-json\/wp\/v2\/media\/5324"}],"wp:attachment":[{"href":"https:\/\/newmoneyreview.com\/index.php\/wp-json\/wp\/v2\/media?parent=5325"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newmoneyreview.com\/index.php\/wp-json\/wp\/v2\/categories?post=5325"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newmoneyreview.com\/index.php\/wp-json\/wp\/v2\/tags?post=5325"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}