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

Reuters/David Lawler and Andrea Shalal

“In 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