Zero Hedge: Treasury Secretary Janet Yellen is speaking at The Atlantic’s “Future Economy Summit” this morning – a speech she pre-recorded yesterday – and has sparked some chaos with her comments.
“The rich ruleth over the poor, and the borrower is servant to the lender.” Proverbs 22:7 KJV
The highlight was this…
“It may be that interest rates will have to rise a little bit to make sure our economy doesn’t overheat”
And this didn’t help…
“We’ve gone for way too long letting long-term problems fester in our economy”