Janet Yellen says Trump doesn’t understand what the Federal Reserve does

Yellen said, “I doubt that he would even be able to say that the Fed’s goals are maximum employment and price stability.”

Mr. Trump’s comments demonstrate a “lack of understanding” about the Fed, she added.

…Asked whether she thought the president has a good grasp of economy, she said, “No, I do not.”

Janet Yellen says Trump doesn’t understand what the Federal Reserve does – CBS News

Heh, ouch.

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