The Phaserl


Janet Yellen: An Insane Choice for a Debt-Crazed Economy

by Chris Mayer, Daily

Soon we won’t have Ben Bernanke to kick around anymore. Janet Yellen will head the Federal Reserve Bank.

What does it mean to you?

In an ideal world, it would mean nothing. You would shrug and go back to your morning coffee. Fed chairmen (and chairwomen), like referees, should not have such an impact on the game.

But we don’t live in that world. So unfortunately, we have to at least consider what reckless thing the Fed might do next.

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