Janet Yellen, President Obama's choice to head the Federal Reserve next year, is among a number of influential economists who would welcome a higher rate of inflation to boost a stagnant economy and reduce unemployment.
Senator Rand Paul plans to block the confirmation of Janet Yellen to lead the Federal Reserve, although he admits he'll likely be unsuccessful.
In an October 30 press release, the Federal Reserve Bank's Open Market Committee blamed the soft economy on a lack of government spending and announced it would continue the purchase of long-term federal debt and mortgage-backed securities indefinitely.
Recent comments by the head of the Bank of England, the U.K.’s powerful central bank, offered further evidence that Western central bankers are preparing to shower even greater quantities of fiat currency on private banks and financial institutions — all at public expense.
JBS CEO Art Thompson's weekly news video update for Oct. 28 - Nov. 3, 2013.
Senator Rand Paul (R-Ky.) informed Senate leadership that intends to oppose President Obama’s nomination of Janet Yellen to be the next chairman of the Federal Reserve, and he plans to use the process to draw attention to his efforts to audit the country's central bank and the cartel that controls it.
A controversial report released this month by the International Monetary Fund outlines schemes to have big-spending governments with out-of-control debts plunder humanity’s wealth using a mix of much higher taxes and outright confiscation.
From establishment mouthpieces in the West to the brutal Communist Chinese regime’s propaganda outlets in the East, discussion and even brazen calls for ending the U.S. dollar’s (USD) prized status as the global reserve currency are increasingly coming out in the open.
Janet Yellen, a former professor of economics at Berkeley, has openly proclaimed her views on economic policy, and those views deserve very careful scrutiny.
If the U.S. Senate confirms Obama Fed nominee Janet Yellen, she will use her power to ensure the continued ascendancy of the “money trust,” to the long-lasting detriment of America’s dwindling middle class.