Beware the Predictions of “Experts” Like Janet Yellen
Alarm bells should go off when an economist, central banker or government official declares there’s no danger of economic turmoil in the near future.
Alarm bells should go off when an economist, central banker or government official declares there’s no danger of economic turmoil in the near future.
Bank of England governor Mark Carney maintains that Brexit has caused a devaluation of the pound. A more likely cause of this is the BofE itself.
Yellen has announced that the economy is safe in our lifetimes. She follows in the footsteps of two great Fed Chair prognosticators.