Friday, April 8, 2016

Yellen: US Is 'Not A Bubble Economy,' Labor Market Healing

Yellen: US Is 'Not A Bubble Economy,' Labor Market Healing

April 08, 2016 ' Labor Market Healing , Yellen: US Is 'Not A Bubble Economy 1 Comments


By CNBC, April 07, 2016 

Federal Reserve Chair Janet Yellen on Thursday touted the strength of the United States economy, rebuffing political rhetoric suggesting a bubble is ready to burst.

"I certainly wouldn't describe this as a bubble economy," Yellen said, noting a "healing" labor market and a 5 percent headline unemployment number.

Yellen appeared on a panel with former Fed Chairs Ben Bernanke, Paul Volcker and Alan Greenspan at the International House in New York. The U.S. central bank heads discussed the U.S. economy and monetary policy around the globe.
Read More: http://www.cnbc.com

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1 comment:

  1. wlodApril 8, 2016 at 10:18 PM

    Dear Mr. Larry Elder, I so-to-speak have discovered you 5h ago: https://www.facebook.com/senna.jawa, and got instantly fond of you.

    I'd like to present you with my "Art of Agreement", and especially with my financial system knaB (an inverse of "Bank"). I may post a series of comments but, please, let me know, if I should stop, and I will stop immediately

    **************** Art for Agreement ***************

    There is one and only one commandment:

    === do not impose ===

    Thus do not impose on others, and don't let others impose on you. This commandment applies, by necessity, to those who respect the "do not impose" commandment. This is a moral principle which is not for a discussion (just like it's implications are not, like "do not kill" etc).It so happens that this moral principle is nevertheless the only way to prosperity for the whole humanity.

    Thus the three cornerstones of a prosperous society are:

    1. Art of Agreement;
    2. Education (free from any bureaucratic interference);
    3. Charity (true charity, free from any imposition).

    End of Comment 0.

    The best to you,
    Włodzimierz Holsztyński

    PS. Two links (about the financial system knaB):

    -- http://wlod.net/AoA/knaB.pdf (a technical definition, 3.5 pages);
    -- http://wlod.net/AoA/knaB-work.pdf (a few notes).

    ReplyDelete

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