Political Quotes

Janet Yellen: “First of all, it raises the real or inflation-adjusted cost of capital, and it also redistributes debt burdens.”

On the recordFebruary 3, 2014
First of all, it raises the real or inflation-adjusted cost of capital, and it also redistributes debt burdens.
Said by
Janet Yellen
Democratic · California

Editor's note · Context

Yellen discusses the economic costs of persistently low inflation.

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