100+janet yelle motivational quotes
janet yelle motivational quotes : Janet Yellen is an American economist and the first woman to serve as both Chair of the Federal Reserve (2014–2018) and U.S. Secretary of the Treasury (2021–present). Born in 1946 in Brooklyn, New York, she earned her Ph.D. in economics from Yale University. Yellen had a distinguished academic career before transitioning into public service. She served as Chair of the Council of Economic Advisers under President Clinton and later held top positions at the Federal Reserve. As Treasury Secretary, she has focused on economic recovery from the COVID-19 pandemic, climate finance, and tax reform. Yellen is widely respected for her expertise in macroeconomic policy and labor markets.
janet yelle motivational quotes
For my own part, I did not see and did not appreciate what the risks were with securitization, the credit ratings agencies, the shadow banking system, the S.I.V.’s — I didn’t see any of that coming until it happened.
If it were possible to take interest rates into negative territory I would be voting for that.
It slightly worries me that when people find a problem, they rush to judgment of what to do.
To me, a wise and humane policy is occasionally to let inflation rise even when inflation is running above target.
I think it is appropriate to ask whether this trend is compatible with values rooted in our nation’s history, among them the high value Americans have traditionally placed on equality of opportunity.
In government institutions and in teaching, you need to inspire confidence. To achieve credibility, you have to very clearly explain what you are doing and why. The same principles apply to businesses.
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good thoughts on janet yelle
I’m just opposed to a pure inflation-only mandate in which the only thing a central bank cares about is inflation and not employment.
My bottom line is that monetary policy should react to rising prices for houses or other assets only insofar as they affect the central bank’s goal variables – output, employment, and inflation.
My bottom line is that monetary policy should react to rising prices for houses or other assets only insofar as they affect the central bank’s goal variables – output, employment, and inflation.
The past few decades of widening inequality can be summed up as significant income and wealth gains for those at the very top and stagnant living standards for the majority.
My bottom line is that monetary policy should react to rising prices for houses or other assets only insofar as they affect the central bank’s goal variables – output, employment, and inflation.
positive quotes on janet yelle
In the long run, outsourcing is another form of trade that benefits the U.S. economy by giving us cheaper ways to do things.
By some estimates, income and wealth inequality are near their highest levels in the past hundred years, much higher than the average during that time span and probably higher than for much of American history before then.
We do not interpret bitcoin’s popularity as having a relationship with the public’s view of the Federal Reserve’s conduct of monetary policy
In the long run, outsourcing is another form of trade that benefits the U.S. economy by giving us cheaper ways to do things.
Are deviations from full employment a social problem? Obviously.
Inequality has risen to the point that it seems to me worthwhile for the U.S. to seriously consider taking the risk of making our economy more rewarding for more of the people.
Productivity growth, however it occurs, has a disruptive side to it. In the short term, most things that contribute to productivity growth are very painful.
The distribution of wealth is even more unequal than that of income. …The wealthiest 5% of American households held 54% of all wealth reported in the 1989 survey. Their share rose to 61% in 2010 and reached 63% in 2013. By contrast, the rest of those in the top half of the wealth distribution families that in 2013 had a net worth between $81,000 and $1.9 million held 43% of wealth in 1989 and only 36% in 2013.
Listening to others, especially those with whom we disagree, tests our own ideas and beliefs. It forces us to recognize, with humility, that we don’t have a monopoly on the truth
