“I have no idea if she is competent. Competence in an economist is hard to measure, like knowing whether your auto mechanic is really any good.  As for vital attributes, the Times did get one right. ‘She represents continuity,’ the Times wrote. That pretty much says it all. Janet Yellen is establishment all the way. She won’t wobble the canoe. She’s not a Paul Volcker coming in to break things up.  And that’s all you need to know about Yellen. She’s got the same playbook in her pocket as Bernanke. If anything, there are hints she’ll be even more aggressive in printing money than Bernanke.”

http://dailyreckoning.com/janet-yellen-an-insane-choice-for-a-debt-crazed-economy/

Did you like this?
Tip Freedomwat.ch Staff with Bitcoin

Donate via Installed Wallet Copy