Essay | Janet Yellen’s Learning Curve

  • 📰 WSJ
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

How policy makers manage inflation may depend on something called “recency bias,” WSJ’s Jon Hilsenrath explains. WSJWhatsNow

Traders on the floor of the New York Stock exchange watch and wait to see if rescue package for reeling financial firms is passed in the House of Representatives, Oct. 3, 2008.

When Janet Yellen testified before a congressional commission almost a decade ago about the 2007-2009 global financial crisis, an interlocutor noted that she seemed to have seen trouble brewing in banks and mortgage markets before most others. In truth, she said, she hadn’t put the pieces together fast enough to stop the ensuing disaster.Continue reading your article with

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

She is one of the most liberal, progressive economists, these properties don‘t make her the most competent one as we benchmark her with Milton Friedman who didn‘t share all these titles but was a better, more payoff-relevant economist.

She may have busted ceilings, but she is also complicit in what will be our downfall

RudyHavenstein You have any thoughts on this?

Yellen always did her homework, which might explain the glass ceilings she has purportedly broken.

SecYellen Created causes for inflation as Fed Chair and then let inflation rise calling it “transitory” as Secretary

سانظر الى ردة فعلي لأحقآ بعد أن تغادروا مسئلة استنفار

Not doing too well now, is she? She seems to be mostly wrong about everything related to economics.

And busted everyone’s bank accounts

Smellin Yellin is your typical leftist loser. She only gets her positions because she's a woman. She's a Keneisian of the worst kind. Responsible for the economic mess we're in.

She sucks at her job so she has that going for her.

She utterly useless and usually wrong.. Try again guys.

She's been a disaster. What on earth are you on about?

You know that you can't just keep saying 'busted glass ceilings' forever. This is just ridiculous.

Too bad she wasn't prepared for the out of control inflation and thought it was transitory - that's called learning on the job.

smh 🤦🏼‍♀️

INFLANTION IS TRANSITORY - loooool

Yeah it’s not like she bungled the handling of inflation and interest rates at all. What a hero.

I hope one of the takeaways is that she is an idiot

Imagine paying for this “content”

She'll leave a legacy as one of the worst treasury secretaries in recent history, lord only knows what the next year will bring...

Why do the women or minorities that suck at their jobs get hailed as great?

Unreal how she helped screw thing up over the last several years…..

1 through 4. She’s done a terrible job

a very 'transitory' career

1 through 4. She’s done a terrible job

Yes but it’s just transitory.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines