[searchandfilter fields="search,category,post_tag"]

Yellen NOT Cassandra?

images-3I’ve seen this video all over the alt media this morning — as should be! So glad Peter Schiff (BTW: the real Cassandra) is on to the MSM game. Makes me think that big-time and long-running “rumors” of a dreaded Larry Summers “nomination” was a red herring — or do you call it another type of false flag? Yellen does look warm and cuddly. Like somebody’s grandmother. Like Ben Bernacke’s demeanor, too — so bland and unassuming. . .

Janet Yellen Exposed — The Truth Behind The Myth

October 17, 2013 (late evening)

When President Obama nominated Janet Yellen to be the next Chair of the Federal Reserve Board the praise he offered was similar to what had already poured in from around the country. In their assessments of Ms. Yellen’s long career, Congressman, editors, and academics have underscored how her prescience and caution distinguish her from the reckless overconfidence that have plagued her male colleagues at the Federal Reserve. As proof of her wisdom supporters have pointed to speeches she delivered in 2005 and 2006 in which she supposedly issued clear warnings about the dangers then building in the frothy real estate markets. Without any attempt at reasonable fact checking, these claims have been parroted by the media.

However, a brief review of the speeches in question reveals that she issued no such warnings at that time.In a new video, Peter Schiff, the CEO of Euro Pacific Capital and a well-known author and economist, goes over the speeches in question and comes to the easy conclusion that the new leader at the Federal Reserve is just as incapable as her predecessors of recognizing a dangerous asset bubble. Worse yet, as a diehard believer in the power of expansive monetary policy, Ms. Yellen would be much less likely to attack an asset bubble even if she were ever to recognize one before it burst.

Full video below:

Leave a Comment

Your email address will not be published. Required fields are marked *

Help this blog live!

exopermaculture

Archives

Categories

Most Viewed Posts

Recent Comments

August 15, 2021 at 10:27 pm
Thank You, Sydney and Team Kraken, for…
August 15, 2021 at 2:09 am
Are the spores to the pesticide, available…
August 9, 2021 at 6:44 pm
Will check out this reference. Thanks!
August 9, 2021 at 5:59 pm
The fact that a bunch of psychopaths…
August 9, 2021 at 5:05 pm
Fixed. Thank you!
Scroll to Top