“Yellen comes out of the economic school of thought that holds the view that printing money can somehow boost the economy. In essence, she holds the thought that the economy can somehow at times get stuck, that prices at such time don’t adjust to supply and demand and that thus money needs to be printed by the Fed via Wall Street cronies to distort prices via monetary and price inflation and fool the public into doing transactions they wouldn’t do without the distortions. This is what is held these days as ‘utterly unquestioned credentials.'”
http://www.economicpolicyjournal.com/2013/08/janet-yellen-wise-and-humane-policy-is.html
(Visited 44 times, 1 visits today)
Related posts:
It Turns Out This Is A Murray Rothbard Day
Gold Sector Analysis: Gold Blows Up, Travels to 1300 on EU Easing
New Line of Police Drones Will Instantly Upload Video to Massive Database
The Top 6 Reasons Why Everyone Needs a Second Passport
Senate Shuts Down Rand Paul Filibuster Against Surveillance Act Renewal
How the Feds Use Transportation Funds to Spy on You
USAF General: Nobody's Ready for the Killer Robot
CryptoParty: Party like it's December 31st, 1983
Rand Paul Endorses Military Action Against Iran
Florida Increases Red Light Camera Fines To $408 Instead Of Banning Right-On-Red Tickets
Cops Raid Little Girls’ “Illegal” Lemonade Stand, Shut it Down
New Study Finds THC Kills Stomach Cancer Cells
ECB Money Printers Tip Hedge Funds In Private Meeting
3D-Printed Weapons Builder Says He's Ready to Print Entire Handgun
Vibram required to stop all health claims about its FiveFinger shoes