Yellen: ‘Act big’ now to save economy, worry about debt later

Reuters/David Lawler and Andrea Shalal

photo of Janet Yellen at podium with currency display in backgroundIn more than three hours of confirmation hearing testimony, the former Federal Reserve chair laid out a vision of a more muscular Treasury that would act aggressively to reduce economic inequality, fight climate change and counter China’s unfair trade and subsidy practices.”

USAGOLD note:  As we have said since the government’s coronavirus response began, few will quarrel with the steps that have been taken and many investors will prepare for its consequences.

Repost from 1-20-2021

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