The Market Ticker - Yellen Voices Support For Permanent Inflation
No, seriously, that’s exactly what she’s now promoting (although I doubt she realizes it):
WASHINGTON (AP) — Treasury Secretary Janet Yellen on Tuesday offered her strongest public support yet for the idea of liquidating roughly $300 billion in frozen Russian Central Bank assets and using them for Ukraine’s long-term reconstruction.
“It is necessary and urgent for our coalition to find a way to unlock the value of these immobilized assets to support Ukraine’s continued resistance and long-term reconstruction,” Yellen said in remarks in Sao Paulo, Brazil, where Group of 20 finance ministers and central bank governors are…….
(Click link to read more)
Source: https://market-ticker.org/akcs-www?post=250829
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