Read more on this subject: Economy – Economics USA
News Story Source: https://www.zerohedge.com, CaseyResearch.com
(If you missed the first two interviews from this series, you can catch up here and here.)
Justin: Doug, I know you disagree with Yellen. But I'm wondering why she would even say this? Has she lost her mind?
Doug: Listening to the silly woman say that made me think we're truly living in Bizarro World. It's identical in tone to what stock junkies said in 1999 just before the tech bubble burst. She's going to go down in history as the modern equivalent of Irving Fisher, who said "we've reached a permanent plateau of prosperity," in 1929, just before the Great Depression started.
I don't care that some university gave her a Ph.D., and some politicians made her Fed Chair, possibly the second most powerful person in the world. She's ignorant of economics, ignorant of history, and clearly has no judgment about what she says for the record.
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