Schlagwort-Archive: catastrophe

The new “Fed” chair leader

Has demasked herself in 1999 with:

“Fed Vice Chairman Yellen laid out what she called the “Yale macroeconomics paradigm” in a speech to a reunion of the economics department in April 1999.

“Will capitalist economies operate at full employment in the absence of routine intervention? Certainly not,” said Yellen, then chairman of President Bill Clinton’s Council of Economic Advisers. “Do policy makers have the knowledge and ability to improve macroeconomic outcomes rather than make matters worse? Yes,” although there is “uncertainty with which to contend.”

see Zerohedge.

Well so you can bet, she’ll print money till it works…. Will it? Ah yes it’s so much better with women because they are so much more capable, aren’t they?