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>> BEN BERNANKE Latest News

MAR 29, 2014 - Zero Hedge

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Janet Yellen Is Caught Between A Rock And A Hard Place

Via Monty Pelerin's World blog, “Caught between a rock and a hard place” is a colloquialism meant to convey that there are either no options or at least no good options left. That describes quite nicely the position that Janet Yellen has been put into. The US (and world) economy are not growing. Ben Bernanke and his counterparts in other countries pumped like mad to hide the dysfunction. Flooding with liquidity did nothing to heal the distortions and made them worse. In his last meeting, Bernanke began to “taper.” Ms. Yellen came into this no-win situation, made ... Read More

Tags: Janet Yellen Is Caught Between A Rock And A Hard Place,  Ben Bernanke Latest News