Janet Yellen actually said...

Well, we would have some responsibility for this if it affected the operations of a bank in the United States.

I think it is important to deal with these issues, for the Congress to do so.

I also worry that if we were to again be hit by an adverse shock, there is not much scope to use fiscal policy.

I strongly agree. As I indicated--well, let me say more generally, I think if you look around the globe in modern times and you consider eve...