“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
Related posts:
Controversial Florida pastor Terry Jones arrested for kerosene-soaked Korans
No Free Sun for You! Why Arizona Wants to ‘Tax’ Solar Power
Cops fatally shoot Texas homeowner who shot and killed intruder
US Supreme Court Expands Use of Drug Dogs During Traffic Stops
'London Whale' Bruno Iksil Won't Be Prosecuted By Justice Department
Louisiana prison official: Raped 14-year-old inmate was no ‘Little Miss Muffin’
Voluntary Slavery in Action? 'Why I Am Leaving College'
Voters in Six States Approve Measures Nullifying Federal Acts
A Bitcoin for Your Thoughts
Williams-Sonoma Pulls Pressure Cookers From Store Shelves
Dzhokar Tsarnaev’s Throat Wound: Another Government Lie Bites the Dust
Jay Leno’s Gitmo Solution
Obama ordered to divulge legal basis for killing Americans with drones
Armed Antifa Prof Admits Chasing Charlottesville Driver Before Deadly Crash
Hackers now stashing child pornography on business websites