Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: 4rcane

Can you give us some idea why this is relevant?


12 posted on 11/01/2013 2:59:31 AM PDT by raybbr (I weep over my sons' future in this Godforsaken country.)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: raybbr

Janet Yellen is Obama’s pick to be Chairman of the Federal Reserve.

She is a Keynesian purist, the sort who thinks that nonsense like Cash for Clunkers is good economics. She has also advocated for higher inflation and negative interest rates as means to improve the economy. If you believe in Keynes, big government, and central economic planning, this all makes sense. If you believe in individual liberty, her appointment is very bad news. How bad, you ask? Well, she’s so bad that Clinton SecTreas Summers would have been a better pick.


17 posted on 11/01/2013 7:36:56 AM PDT by Skepolitic
[ Post Reply | Private Reply | To 12 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson