[Peace-discuss] Janet Yellen: Horrorshow or Economic Savior?

[Szoke, Ron]

April 2017  Revelation of Another Vast Conspiracy : 
The Obama-Yellen conspiracy’s plot to crush the economy!  And blame it on Trump ! !
Oh the HORROR!  the shrieking freaking HORROR! 
—— —  — 
Shocking new warning to investors . . . Liberal “insiders” are conspiring to trigger a devastating market crash to blame on President Trump . . .


Janet Yellen’s Ugly Plot to Destroy
Trump and Crush the Economy
(and how you can profit from it big time!)

Her name is Janet Yellen and she controls the most powerful financial institution ever created — the Federal Reserve.
It is also one of the most secretive.
And for the next year, Yellen and her Federal Reserve Board, almost entirely appointed by President Barack Obama, will have almost dictatorial control over the entire U.S. banking system and the entire global financial system.
Now, bestselling author James Dale Davidson blows the whistle on Yellen’s plot to stop Trump.
     In his new book The Breaking Point: Profit From the Coming Money Cataclysm, Davidson reveals why and how the Fed will ratchet rates to create an economic nightmare for Trump.
The Breaking Point reveals the total corruption of our free market system.
Davidson shows how Obama and his minions rigged government numbers and statistics to create the mirage of a prosperous economy.
And he says hidden laws and regulations are trapping you and your wealth in the U.S.
At the center of the maelstrom is the biggest money-grabbing hoax ever unleashed . . . the monetary policies of the Federal Reserve.
— From the Newsmax web site  4/21/2017

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Yellen Readies Big Changes for Treasury
From financial regulation to minority lending, Biden’s pick is poised to change course sharply from the policies of Secretary Steven Mnuchin.

By Alan Rappeport
NYT  Jan. 18, 2021
WASHINGTON — Janet L. Yellen, President-elect Joseph R. Biden Jr.’s nominee for Treasury Secretary, will tell lawmakers at her confirmation hearing on Tuesday that the United States needs a robust set of fiscal stimulus measures to get the pandemic-stricken economy back on track and that now is not the time to worry about the nation’s mounting debt burden.

Ms. Yellen’s support for a large stimulus package comes as Mr. Biden prepares to push through a $1.9 trillion relief plan once he assumes the presidency. If confirmed, Ms. Yellen will be responsible for helping to shepherd that package through Congress and to oversee carrying it out.

“Neither the President-elect, nor I, propose this relief package without an appreciation for the country’s debt burden. But right now, with interest rates at historic lows, the smartest thing we can do is act big,” Ms. Yellen will say, according to a copy of her opening remarks, which were reviewed by The New York Times.

It will not be an easy task. Democrats hold a slim majority in Congress and Republicans have already expressed concern about Mr. Biden’s plan and its impact on the budget deficit, which topped $3 trillion last year.

Ms. Yellen, a former Federal Reserve chair, will argue that “the benefits will far outweigh the costs.” And she will portray her job as having two mandates: helping people to stay afloat until the pandemic is over and rebuilding the economy so that Americans can better compete in a globalized world.

If confirmed, Ms. Yellen is expected to bring a very different perspective to the job than her predecessor, Treasury Secretary Steven Mnuchin. That includes Ms. Yellen’s approach to financial regulation and protecting the economy against systemic risks.

   — <snip> —