At he Fed confirmation hearing in 1994 Janet Yellen startled some in the audience when she emphasized the needs of working people. "What the Fed

Janet Yellen was nominated to the Fed board in 1994 nytimes.com/1994/07/23/bus… The background to her nomination was the bond massacre of 1994 discussed in the

@dsquareddigest @jmackin2 @alanbeattie Yup. I use precisely that chart in the newsletter to put the 1994 “massacre” in context. You have to know what you