{"id":315234,"date":"2017-06-30T15:35:43","date_gmt":"2017-06-30T14:35:43","guid":{"rendered":"http:\/\/rinf.com\/alt-news\/newswire\/so-long-yellen\/"},"modified":"2017-06-30T15:35:43","modified_gmt":"2017-06-30T14:35:43","slug":"so-long-yellen","status":"publish","type":"post","link":"http:\/\/rinf.com\/alt-news\/newswire\/so-long-yellen\/","title":{"rendered":"So long, Yellen"},"content":{"rendered":"<div id=\"post-637803\">\n<div class=\"clearfix post-info\">\n<p class=\"authors\"> By <a href=\"https:\/\/www.lewrockwell.com\/author\/joseph-salerno\/?ptype=article\" title=\"Posts by Joseph T. Salerno\" rel=\"author\">Joseph T. Salerno<\/a><\/p>\n<p class=\"attribution\"><a href=\"https:\/\/mises.org\">Mises.org<\/a><\/p>\n<p class=\"date\">June 30, 2017<\/p>\n<\/p><\/div>\n<p>\t\t\t<span class=\"custom-buttons custom-buttons-merged\">&#13;<br \/>\n\t\t\t\t<a class=\"a2a_button_email\" href=\"https:\/\/www.addtoany.com\/add_to\/email?linkurl=https%3A%2F%2Fwww.lewrockwell.com%2F2017%2F06%2Fjoseph-salerno%2Fso-long-yellen%2F&amp;type=page&amp;linkname=Time+to+Cash+Out+of+the+Banking+System%3F&amp;linknote=\" title=\"Email\" rel=\"nofollow\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.lewrockwell.com\/wp-content\/themes\/lrc\/images\/icons\/email.png\" width=\"16\" height=\"16\" alt=\"Email\"\/><\/a>&#13;<br \/>\n\t\t\t\t<a href=\"#\" title=\"Print\" rel=\"nofollow\" target=\"_blank\" class=\"print-page\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.lewrockwell.com\/wp-content\/themes\/lrc\/images\/icons\/print.png\" width=\"16\" height=\"16\" alt=\"Print\"\/><\/a>&#13;<br \/>\n\t\t\t<\/span><\/p>\n<div class=\"a2a_kit a2a_kit_size_16 addtoany_list\" data-a2a-url=\"https:\/\/www.lewrockwell.com\/2017\/06\/joseph-salerno\/so-long-yellen\/\" data-a2a-title=\"So long, Yellen\"><a class=\"a2a_button_facebook\" href=\"https:\/\/www.addtoany.com\/add_to\/facebook?linkurl=https%3A%2F%2Fwww.lewrockwell.com%2F2017%2F06%2Fjoseph-salerno%2Fso-long-yellen%2F&amp;linkname=So%20long%2C%20Yellen\" title=\"Facebook\" rel=\"nofollow\" target=\"_blank\"\/><a class=\"a2a_button_twitter\" href=\"https:\/\/www.addtoany.com\/add_to\/twitter?linkurl=https%3A%2F%2Fwww.lewrockwell.com%2F2017%2F06%2Fjoseph-salerno%2Fso-long-yellen%2F&amp;linkname=So%20long%2C%20Yellen\" title=\"Twitter\" rel=\"nofollow\" target=\"_blank\"\/><a class=\"a2a_button_twitter_tweet addtoany_special_service\" data-url=\"https:\/\/www.lewrockwell.com\/2017\/06\/joseph-salerno\/so-long-yellen\/\" data-text=\"So long, Yellen\"\/><a class=\"a2a_button_facebook_like addtoany_special_service\" data-href=\"https:\/\/www.lewrockwell.com\/2017\/06\/joseph-salerno\/so-long-yellen\/\"\/><a class=\"a2a_button_google_plusone addtoany_special_service\" data-annotation=\"none\" data-href=\"https:\/\/www.lewrockwell.com\/2017\/06\/joseph-salerno\/so-long-yellen\/\"\/><a class=\"a2a_dd addtoany_share_save\" href=\"https:\/\/www.addtoany.com\/share\"><img decoding=\"async\" src=\"https:\/\/static.addtoany.com\/buttons\/share_save_120_16.png\" alt=\"Share\"\/><\/a><\/div>\n<div class=\"blog-content clearfix\">\n<p>Uh-oh. <a href=\"http:\/\/uk.businessinsider.com\/r-not-another-financial-crisis-in-our-lifetimes-feds-yellen-2017-6?r=US&amp;IR=T\" target=\"_blank\" rel=\"noopener\">Chairman\u00a0Yellen\u00a0assured us today<\/a> that she does not believe that there will be another financial crisis \u201cin our lifetimes.\u201d<\/p>\n<p>You may recall another perfectly timed\u00a0assurance by a high-powered economist:<\/p>\n<blockquote>\n<p>The stability\u00a0of the\u00a0economy is greater than it has ever been in our history. \u00a0We really are in remarkable shape. . . .The United States is at the peak of its performance in its history.\u00a0 There has never been a time in the United States when we have had the state of prosperity, its level and its spread, that we have had in the last ten or fifteen years. . . .\u00a0\u00a0It\u2019s unprecedented.\u00a0 I certainly do [give credit to Alan Greenspan for that].\u00a0 I think monetary policy is primarily responsible for it. \u00a0(<a href=\"https:\/\/www.youtube.com\/watch?v=nPHs9Ln8QT8\" target=\"_blank\" rel=\"noopener\">Milton Friedman, Charlie Rose Interview, December 26 2005)<\/a><\/p>\n<\/blockquote>\n<p><em><strong><a href=\"http:\/\/www.cmi-gold-silver.com\/specials-silver\/?utm_source=LRC_Text_Ad&amp;utm_campaign=silver_specials\">Buy Silver at Discounted Prices<\/a><\/strong><\/em><\/p>\n<p><strong>Note:<\/strong>\u00a0The views expressed on <a href=\"https:\/\/mises.org\">Mises.org<\/a> are not necessarily those of the\u00a0Mises\u00a0Institute.<\/p>\n<p class=\"article-author-archives-link\"><a href=\"https:\/\/www.lewrockwell.com\/author\/joseph-salerno\/\">The Best of Joseph T. Salerno<\/a><\/p>\n<\/p><\/div>\n<p>\t\t\t<span class=\"custom-buttons custom-buttons-merged\">&#13;<br \/>\n\t\t\t\t<a class=\"a2a_button_email\" href=\"https:\/\/www.addtoany.com\/add_to\/email?linkurl=https%3A%2F%2Fwww.lewrockwell.com%2F2017%2F06%2Fjoseph-salerno%2Fso-long-yellen%2F&amp;type=page&amp;linkname=Time+to+Cash+Out+of+the+Banking+System%3F&amp;linknote=\" title=\"Email\" rel=\"nofollow\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.lewrockwell.com\/wp-content\/themes\/lrc\/images\/icons\/email.png\" width=\"16\" height=\"16\" alt=\"Email\"\/><\/a>&#13;<br \/>\n\t\t\t\t<a href=\"#\" title=\"Print\" rel=\"nofollow\" target=\"_blank\" class=\"print-page\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.lewrockwell.com\/wp-content\/themes\/lrc\/images\/icons\/print.png\" width=\"16\" height=\"16\" alt=\"Print\"\/><\/a>&#13;<br \/>\n\t\t\t<\/span><\/p>\n<div class=\"a2a_kit a2a_kit_size_16 addtoany_list\" data-a2a-url=\"https:\/\/www.lewrockwell.com\/2017\/06\/joseph-salerno\/so-long-yellen\/\" data-a2a-title=\"So long, Yellen\"><a class=\"a2a_button_facebook\" href=\"https:\/\/www.addtoany.com\/add_to\/facebook?linkurl=https%3A%2F%2Fwww.lewrockwell.com%2F2017%2F06%2Fjoseph-salerno%2Fso-long-yellen%2F&amp;linkname=So%20long%2C%20Yellen\" title=\"Facebook\" rel=\"nofollow\" target=\"_blank\"\/><a class=\"a2a_button_twitter\" href=\"https:\/\/www.addtoany.com\/add_to\/twitter?linkurl=https%3A%2F%2Fwww.lewrockwell.com%2F2017%2F06%2Fjoseph-salerno%2Fso-long-yellen%2F&amp;linkname=So%20long%2C%20Yellen\" title=\"Twitter\" rel=\"nofollow\" target=\"_blank\"\/><a class=\"a2a_button_twitter_tweet addtoany_special_service\" data-url=\"https:\/\/www.lewrockwell.com\/2017\/06\/joseph-salerno\/so-long-yellen\/\" data-text=\"So long, Yellen\"\/><a class=\"a2a_button_facebook_like addtoany_special_service\" data-href=\"https:\/\/www.lewrockwell.com\/2017\/06\/joseph-salerno\/so-long-yellen\/\"\/><a class=\"a2a_button_google_plusone addtoany_special_service\" data-annotation=\"none\" data-href=\"https:\/\/www.lewrockwell.com\/2017\/06\/joseph-salerno\/so-long-yellen\/\"\/><a class=\"a2a_dd addtoany_share_save\" href=\"https:\/\/www.addtoany.com\/share\"><img decoding=\"async\" src=\"https:\/\/static.addtoany.com\/buttons\/share_save_120_16.png\" alt=\"Share\"\/><\/a><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/www.lewrockwell.com\/2017\/06\/joseph-salerno\/so-long-yellen\/\">Read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Joseph T. Salerno Mises.org June 30, 2017 &#13; &#13; &#13; Uh-oh. Chairman\u00a0Yellen\u00a0assured us today that she does not believe that there will be another financial crisis \u201cin our lifetimes.\u201d You may recall another perfectly timed\u00a0assurance by a high-powered economist: The stability\u00a0of the\u00a0economy is greater than it has ever been in our history. \u00a0We really [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[519],"tags":[],"class_list":{"0":"post-315234","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-newswire"},"_links":{"self":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/315234","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/comments?post=315234"}],"version-history":[{"count":0,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/315234\/revisions"}],"wp:attachment":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/media?parent=315234"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/categories?post=315234"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/tags?post=315234"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}