Who are the interest beneficiaries, bond holders?
There is no source for Janet Yellen saying anything remotely comparable to what “Confounded Interest” “Anthony Sanders” “Tyler Durden” and “Michael Lebovitz CFA” are saying here. Search for “Yellen Reuters” in the last week and there is no record of her saying this. None of these clowns have provided a link to where or in what context she supposedly said this. However Biden himself said that we are REDUCING THE DEBT which is a delusion or lie or both but certainly 1.7 trillion away from any shred of truth. I pray Yellen is not as stupid as her boss, but anyone who has a link to her statement, fire away, I think this is the aformentioned “pundits” circle-jerking - they are just quoting each other but Yellen never said this. Provide a link if anyone can find it. My unshakable faith in the truth of everything that someone writes on the internet is being challenged.