“I love the smell of inflation in the morning!”
Get ready folks, money from the sky is coming. Janet Yellen is warming up the chopper engines.
(From The Washington Free Beacon)
Yellen said that fiscal policy could be a very important tool in addressing weak growth or deflation.
“It’s natural that if it can be employed, that just as monetary policy is doing a lot to try to stimulate growth, that fiscal policy should play a role,” she said.