Political Quotes

Janet Yellen: I strongly agree. As I indicated--well, let me say more generally, I think if you look around the globe in modern times…

On the recordFebruary 23, 2015
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 every country that has gone through a period of chronic high inflation or hyperinflation, what you will find is a central bank that was pressured to print money by politicians who were unable to balance the budget.
Said by
Janet Yellen
Democratic · California

Editor's note · Context

Yellen emphasizes the dangers of political pressure on central banks during inflation crises.

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