“In the Forked Tongue category, wannabe Fed chief Janet Yellen has now eclipsed Fed Chairman Bernanke for the first prize.  In her testimony before Congress this week, she says little or nothing about the 2008 debt crisis, federal deficits, European debacles, fiscal cliffs or any others which were among her predecessor’s favorite excuses for the unprecedented money printing she vows to pursue.  Nor does she talk much about a weak economy.  Instead, her new rationale is that, although the economy has improved, it hasn’t quite improved ‘enough.'”

http://www.moneyandmarkets.com/monetary-madness-56217

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