Yellenomics: The Folly of Free Money

BlackListedNews · 03-12-2014, 07:50 PM

The Fed and the other major central banks have been planting time bombs all over the global financial system for years, but especially since their post-crisis money printing spree incepted in the fall of 2008. Now comes a new leader to the Eccles Building who is not only bubble-blind like her two predecessors, but is also apparently bubble-mute. Janet Yellen is pleased to speak of financial bubbles as a “misalignment of asset prices,” and professes not to espy any on the horizon.

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03-12-2014, 07:50 PM	#1
BlackListedNews Senior Member Join Date: Aug 2013 Posts: 12,733 Rep Power: 58	Yellenomics: The Folly of Free Money The Fed and the other major central banks have been planting time bombs all over the global financial system for years, but especially since their post-crisis money printing spree incepted in the fall of 2008. Now comes a new leader to the Eccles Building who is not only bubble-blind like her two predecessors, but is also apparently bubble-mute. Janet Yellen is pleased to speak of financial bubbles as a “misalignment of asset prices,” and professes not to espy any on the horizon. http://feedproxy.google.com/~r/black...0R2qjh0/M.html