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The REAL reason FED chairwoman Janet Yellen said we won’t see another financial crisis in our lifetimes!
Manage episode 182833706 series 102631
Janet Yellen is taking back some comments she made back in London two weeks ago. Janet Yellen had said she really doesn’t see another financial crisis happening in our lifetimes. Why would she say this? She says this because she sees that government regulations can protect us. Dodd-Frank was passed as a response to the housing crisis and she really thinks this will protect us. The only way she thinks we will have another crisis is if we repeal this regulations! Yes, she’s already setting up the new narrative for the next crisis, DEREGULATION! Which of course that’s the cause of the next crisis at all. Big government and the fed are to blame. They are always the ones that cause crisis after crisis but they will never see it.
106 episodes
Manage episode 182833706 series 102631
Janet Yellen is taking back some comments she made back in London two weeks ago. Janet Yellen had said she really doesn’t see another financial crisis happening in our lifetimes. Why would she say this? She says this because she sees that government regulations can protect us. Dodd-Frank was passed as a response to the housing crisis and she really thinks this will protect us. The only way she thinks we will have another crisis is if we repeal this regulations! Yes, she’s already setting up the new narrative for the next crisis, DEREGULATION! Which of course that’s the cause of the next crisis at all. Big government and the fed are to blame. They are always the ones that cause crisis after crisis but they will never see it.
106 episodes
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