192 Quotes by Janet Yellen
- Author Janet Yellen
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By some estimates, income and wealth inequality are near their highest levels in the past hundred years, much higher than the average during that time span and probably higher than for much of American history before then.
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- Author Janet Yellen
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Are deviations from full employment a social problem? Obviously.
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- Author Janet Yellen
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I am anxious to fix welfare. There has to be more training and child care.
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- Author Janet Yellen
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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.
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- Author Janet Yellen
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Individuals out of work for an extended period can become less employable as they lose the specific skills acquired in their previous jobs and also lose the habits needed to hold down any job.
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- Author Janet Yellen
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[A] major source of wealth for many families is financial assets, including stocks, bonds, mutual funds, and private pensions. ...the wealthiest 5 percent of households held nearly two-thirds of all such assets in 2013
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- Author Janet Yellen
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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.
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- Author Janet Yellen
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In the long run, outsourcing is another form of trade that benefits the U.S. economy by giving us cheaper ways to do things.
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- Author Janet Yellen
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The average net worth of the lower half of the distribution, representing 62 million households, was $11,000 in 2013. About one-fourth of these families reported zero wealth or negative net worth, and a significant fraction of those said they were '‘underwater' on their home mortgages, owing more than the value of the home. This $11,000 average is 50% lower than the average wealth of the lower half of families in 1989, adjusted for inflation.
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