Yellen: "I Don't Believe We Will See Another Crisis In Our Lifetime"

[oyarde]

Yellen's pretty smart tho... she went to both Brown, and Yale

Ted Bundy went to University of Puget Sound , University of Washington , Temple and University of Washington again , was at the '68 convention in Miami as a Rockefeller delegate and in '71 worked a suicide hotline crisis center in Seattle . Everybody said he was smart too . Graduated from HS in '65 and finally got a degree in '72 .

[TheTexan]

Ted Bundy went to University of Puget Sound , University of Washington , Temple and University of Washington again , was at the '68 convention in Miami as a Rockefeller delegate and in '71 worked a suicide hotline crisis center in Seattle . Everybody said he was smart too . Graduated from HS in '65 and finally got a degree in '72 .

Those don't seem like very smart universities.

[oyarde]

Those don't seem like very smart universities.

When I was in Tacoma I went to the University of Lucky Lager .

[Danke]

When I was in Tacoma I went to the University of Lucky Lager .

They should have their liquor license revoked for serving an Injun.

[oyarde]

They should have their liquor license revoked for serving an Injun.

The girls at the counter could not resist the handsome Chief . Pretty sure at least the last 3 head of the Fed would not get served at my bar if I still had it .

[Seraphim]

Yellen's statement was a dog whistle to the "elite". The crash is right around the corner. The NASDAQ has already started rolling over.

"Subprime is contained" moment.

Seriously, get your ducks in order. This one will be an order of magnitude worse than '08 and I'm nearly 100% certain we're in the beginning stage of the market rolling over. By October, "Craziness" might be an understatement.

[loveshiscountry]

We should listen to Janet "I didn't see the crisis coming Yellen"?

[timosman]

We should listen to Janet "I didn't see the crisis coming Yellen"?

https://finance.yahoo.com/news/yelle...173517050.html

[NorthCarolinaLiberty]

Ron Paul, Paul Schiff, Peter Schiff, and people like them have been preaching doom and gloom forever.

Ron Paul preaches doom and gloom? Really? Please cite.

Also, liberals preach just as much gloom as anyone. That is why they constantly seek more statutory code for so many things.

[AZJoe]

Ron Paul, Paul Schiff, Peter Schiff, and people like them have been preaching doom and gloom forever..

liberals preach just as much gloom as anyone. That is why they constantly seek more statutory code for so many things.

Exactly! Dr. No has it completely backwards. It is the statist that are constantly preaching doom and gloom. We must have the Fed in control or else the sky will fall. We need these "regulations", licenses, government control, federal reserve, manipulation of currency and interest, bailouts, currency monopoly, taxation, reportings, fines , restrictions on cash, transfers, etc or else the sky will fall. Free competition in currency? Oh no the sky will fall. Always these things are necessary or else all sorts of imaginary horribles would destroy the world.

It is the Dr. Pauls, and Peter Schiffs, that expose how much goodness and prosperity is possible; that open peoples' eyes to what is actually possible; that, contrary to statist' gloom and doom preachings, without the heavy hand of government domination and manipulation we would reap exponentially greater possibilities of abundance, prosperity, innovation, choices, opportunity, health, freedom, progress, alternatives, charity, benevolence, productivity, ...

[Dr.No.]

Ron Paul preaches doom and gloom? Really? Please cite.

Also, liberals preach just as much gloom as anyone. That is why they constantly seek more statutory code for so many things.

15-year-depression: http://www.thedailycrux.com/content/1333/US_dollar

http://ronpaulsurvivalreport.blogspo...icts.html?m=1\
https://www.thestreet.com/story/1104...the-world.html
https://krugman.blogs.nytimes.com/20...s-have-failed/
https://plus.google.com/+KentonVarda/posts/h1xbNvNLZKr
http://www.youtube.com/watch?v=xaGawH9h-1s&t=1m21s
http://www.americanfreepress.net/htm..._plan_146.html

I really shouldn't have to cite Ron Paul's predictions of massive unemployment, a market crash, currency crises, hyperinflation etc. because he is so damn well known for it. Might as well ask me to prove that John McCain is a warhawk.

[NorthCarolinaLiberty]

I really shouldn't have to cite Ron Paul's predictions of massive unemployment, a market crash, currency crises, hyperinflation etc. because he is so damn well known for it. Might as well ask me to prove that John McCain is a warhawk.

One of your videos does not work. Another link is about Iran. Another reads, "Dollar Will Be Rejected As Reserve Currency Of The World." That rejection has actually happened, which is why the US is so desperate about Syria.

I will grant you that the mode of hyperinflation is incorrect, but the downward spiral is not. The US has been in a deflationary tailspin for years and there does not seem to be an end in sight. The deflation is in the form of cheap junk, less product value, a cheap food policy, jobs that pay less, etc.

The process is not as important as the actual result, which is a deterioration of the US.

[devil21]

Ron Paul preaches doom and gloom? Really? Please cite.

Also, liberals preach just as much gloom as anyone. That is why they constantly seek more statutory code for so many things.

Don't fall for Zippy and Zippy's sockpuppet's "Ron Paul/Peter Schiff/etc" derail attempts. Invoking RP, Schiff, et al is how Zippy derails threads when there's nothing else to conjure.

That's all stuff for history and the history books. Watch what's happening now. Keep eyes on the ball.

[brushfire]

http://www.zerohedge.com/news/2017-0...s-our-lifetime


Lets see how we are doing at the end of October...

https://www.cnbc.com/2018/12/11/yell...al-crisis.html

Former Federal Reserve Chair Janet Yellen told a New York audience she fears there could be another financial crisis because banking regulators have seen reductions in their authority to address panics and because of the current push to deregulate.


"I think things have improved, but then I think there are gigantic holes in the system," Yellen said Monday night in a discussion moderated by New York Times columnist Paul Krugman at CUNY. "The tools that are available to deal with emerging problems are not great in the United States."


Yellen cited leverage loans as an area of concern, something also mentioned by the current Fed leadership. She said regulators can only address such problems at individual banks not throughout the financial system. The former fed chair, now a scholar at the Brookings Institution, said there remains an agenda of unfinished regulation. "I'm not sure we're working on those things in the way we should, and then there remain holes, and then there's regulatory pushback. So I do worry that we could have another financial crisis.''


In the wake of the financial crisis, some agency regulatory powers were vastly expanded, but others, for example, the ability of the Fed to lend to an individual company in a crisis, were curtailed. Current Fed officials have pushed back against criticism that their reforms are making the system riskier, saying they are making the system more efficient.


Speaking in London in June 2017, shortly after leaving office, Yellen had said she did not believe there would be another financial crisis in our lifetimes because of financial reforms. However, she did warn at the time about the deregulatory efforts just then underway.

Fking penguin..