She's a woman! Yahoo, someday we will rule the world!
Yellen to be next Fed chief
- Thread starter cawacko
- Start date
Minister of Truth
Practically Perfect
Now you just get to prove that you can mismanage our nation's money supply as horribly as men can!
Now you just get to prove that you can mismanage our nation's money supply as horribly as men can!
She'll be appointed just as a bunch of dudes fuck everything up by manufacturing a US default. Fucking paternalistic shits always wanting women to clean up their messes.
I think she'll be generally more concerned with the ignored part of the FED's dual mandate and won't be solely focused on inflation.
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Darla
Great point!
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The Almighty
You think Bernanke has been ignoring job growth?
I think he's been primarily concerned with keeping inlfation below 2% (and consistently below, using 2% as a ceiling, not a target) and working on job growth within the confines of a 2% inflation ceiling. Yellen would likely be more willing to let inflation hit above the target.
Yes he's an inflation hawk
She will be more dovish than gentle Ben
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The Almighty
Bottom line, unemployment was his primary focus the past couple of years, not inflation.
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The Almighty
No, he is not a hawk...
Yes, she is slightly more dovish than he is. But his policies of QE are going to continue under her... Or do you think she will increase the bond buying?
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The Almighty
what exactly do you think QE was designed to do?
Control inflation or help the labor market?
Raise asset prices
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The Almighty
lol...
Dude, since the date of that article, monthly core CPI has not once exceeded the 2% ceiling. Yes, he was focused on expanding job growth, but within the confines of a 2% inflation ceiling like I said.
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The Almighty
No, it was not.