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Okay, so just who is this Janet Yellen??
AUandAG
Posts: 25,038 ✭✭✭✭✭
What is she going to do to the Fed or for the US?
How will she affect precious metals, or will she have no impact?
Janet Louise Yellen (born August 13, 1946) is an American economist and professor who is the Vice Chairwoman of the Board of Governors of the Federal Reserve System. Previously, she was President and Chief Executive Officer of the Federal Reserve Bank of San Francisco, Chair of the White House Council of Economic Advisers under President Bill Clinton, and Professor Emerita at the University of California, Berkeley's Haas School of Business. President Obama will nominate Yellen to replace Ben Bernanke as chairwoman of the Federal Reserve on October 9, 2013.
bob
How will she affect precious metals, or will she have no impact?
Janet Louise Yellen (born August 13, 1946) is an American economist and professor who is the Vice Chairwoman of the Board of Governors of the Federal Reserve System. Previously, she was President and Chief Executive Officer of the Federal Reserve Bank of San Francisco, Chair of the White House Council of Economic Advisers under President Bill Clinton, and Professor Emerita at the University of California, Berkeley's Haas School of Business. President Obama will nominate Yellen to replace Ben Bernanke as chairwoman of the Federal Reserve on October 9, 2013.
bob
Registry: CC lowballs (boblindstrom), bobinvegas1989@yahoo.com
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Comments
MJ
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
Think Ben Berrnanke with makeup. Your gold remains safe - FED continuity has been preserved.
Government is the great fiction through which everybody endeavors to live at the expense of everybody else. - Bastiat
<< <i>just another academic who thinks the world can be fixed by using theory because they lack any real world experience.
Think Ben Berrnanke with makeup. Your gold remains safe. >>
What you said...I'm wit you.
jim
I knew it would happen.
Beeline to the restroom.... uugghhh.
John Maben
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<< <i>very good for PMs, IMO. she wants higher inflation. >>
Historically, real inflation over 2% is not good for metal prices.
Government is the great fiction through which everybody endeavors to live at the expense of everybody else. - Bastiat
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Past FED policy led us to where we are now. Easy money was not the answer. Easier money is being rejected.
Free money from Washington, courtesy of a limited number of taxpayers, is the new norm.
Government is the great fiction through which everybody endeavors to live at the expense of everybody else. - Bastiat
"LONDON, Oct 9 (Reuters) - Gold prices fell 1 percent on Wednesday as news that Janet Yellen will be nominated to head the Federal Reserve boosted the dollar, and as concerns over the U.S. budget deadlock failed to spur buying interest."
Government is the great fiction through which everybody endeavors to live at the expense of everybody else. - Bastiat
<< <i>She has been Ben's Vice Chairman the past 3 years. Aligned with Ben pretty much. Dovish on inflation. More of BB is how I see it...................She is also hard on the eyes
MJ >>
yes right behind n. pelosi.
<< <i>The blatant sexism here truly astounds me. Cannot a woman just be an executive, not eye candy for you? >>
comparing here to Bernankeboy is far from sexism, it is realism.
Government is the great fiction through which everybody endeavors to live at the expense of everybody else. - Bastiat
I am not a huge fan of Yellen. But your comment about "lipstick" certainly qualifies as sexism. So does the comment about being hard on the eyes.
Incidentally, her husband is George Akerlof, a Nobel prize winning economist.
<< <i>derryb:
I am not a huge fan of Yellen. But your comment about "lipstick" certainly qualifies as sexism. So does the comment about being hard on the eyes.
Incidentally, her husband is George Akerlof, a Nobel prize winning economist. >>
My comment "Think Ben Bernanke with makeup" is nothing more than a reference to her being the same as Bernanke but of a different gender. No sexism implied. Lack of ability to dictate proper monetary policy was fully implied. You will have to address the "hard on the eyes" comment with the person that made it. I am far from sexist, my life-long partner is a woman who wears make-up.
Nobel prizes are very highly overated.
Government is the great fiction through which everybody endeavors to live at the expense of everybody else. - Bastiat
Greenspan = GOOD
Bernanke = BETTER
Yellen = BEST!!
"“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)
"I only golf on days that end in 'Y'" (DE59)