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Reply to "This must be some sort of housing bubble again"
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[quote=Anonymous][quote=Anonymous]http://www.washingtonpost.com/business/economy/new-fed-chief-janet-yellen-job-market-recovery-far-from-complete/2014/02/11/c6ec8888-931d-11e3-83b9-1f024193bb84_story.html[/quote] Yellen is going to do things very different I think. She is going to raise rates and instead do more direct job market stimulation, such as purchasing construction bonds tied with specific employment targets for the underlying projects. Really shake things up. She is a labor economist and an iconoclast and simply awesome. And this means she will decouple the recovery in the job market from housing and stock asset appreciation and put the Feds power to help the people and not just the 1%.[/quote]
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