“Alan Greenspan no doubt would have answered in a way that allowed for multiple interpretations.  But Yellen took the question with little equivocation. We can see that Yellen is being cautious, even as she is granting the possibility that the US is an oligarchy. Sanders has an agenda, but Yellen is certainly not about to discount it outright. That this question came up at all is the result of a Princeton study on the subject. A TalkingPoints post back in April reported on the study, which asks ‘who really rules the US.’ The study concludes that in the past few decades America’s political system has evolved from democracy to oligarchy.”

http://www.thedailybell.com/news-analysis/35289/Oligarchy-in-the-21st-Century–Get-Used-to-It/

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