Janet Yellen Quotes & Sayings (Page 2)
Janet Yellen quotes and sayings page 2 (public servant). Here's quote # 11 through 20 out of the 28 we have.
“One common way of judging whether housing's price is in line with its fundamental value is to consider the ratio of housing prices to rents. This is analogous to the ratio of prices to dividends for stocks.”
“Firms don't just try to pay as little as possible to get the needed bodies on board; when there is unemployment, they ask themselves how wage cuts would affect the behavior of the employees. Would they quit or feel dissatisfied and work less hard on the firm's behalf if they feel that wage policies are unfair?”
“Stores don't order merchandise unless they think they can sell it right away. Manufacturers and builders don't produce unless they have buyers lined up. My business contacts describe this as a paradigm shift and they believe it's permanent.”
“We need to increase the transparency of shadow banking markets so that authorities can monitor for signs of excessive leverage and unstable maturity transformation outside regulated banks.”
“To me, a wise and humane policy is occasionally to let inflation rise even when inflation is running above target.”
“Long-term unemployment can make any worker progressively less employable, even after the economy strengthens.”
“In the long run, outsourcing is another form of trade that benefits the U.S. economy by giving us cheaper ways to do things.”
“A clear lesson of history is that a 'sine qua non' for sustained economic recovery following a financial crisis is a thoroughgoing repair of the financial system.”
“I am anxious to fix welfare. There has to be more training and child care.”
“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.”
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