Yellen: I 'don't believe' we'll see another financial crisis in our lifetime

Doomsdayers, Goldnuts, Cryptofags, and Libertarians btfo! printing money is a-okay goy!

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foxbusiness.com/markets/2017/06/27/yellen-dont-believe-well-see-another-financial-crisis-in-our-lifetime.html

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She has about 15 to 20 years left

Soon

hurrr baa durrr ahh durr ubbb durrr, lets raise interest rates during rough times like right now so that when disaster eventually hits we have cushion to lower them again hurrr baa durrr.

Also look at the dow chart from 1980 till now, it resembles a stock bubble chart, and we got like 5 years left before something serious happens, something so serious no american has ever seen before.

Well that fucking Kike jynxed it. Time to stock up on rice and beans.

there will be a crisis right about soon enough nearing fucking now

A dumb Jew that runs the federal reserve that raises interest rates says there won't be any financial crisis in our lifetimes...

Yeah ok..

Thats what Janet Reno thought. When really she had 15 days left.

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Checks out.

Oh yeah baby, it's all gonna go to shit when the socialist ponzi scheme of sovereign debts and pension funds finally goes bust. Oh the mass chimp outs it will bring. And it won't be just USA, all the West will go down in flames.

(((She))) seems (((legit))).

>"I don't believe we'll see another financial crisis in our lifetime."
>hfw

So she's saying the next financial crisis won't be until after September 23rd?

This just means they're preparing another boom cycle, assuming she isn't lying, which is a huge assumption.
They seed the economy for a boom by releasing capitol into the system which causes you little drones to produce things of actual value using the motivation of a debt based currency. Then they strangle the flow of capitol to bust the system and harvest everything of tangible value you created under the auspices of a lie. The lie that the money you worked for ever had value in the first place. Homes, products, businesses, they gobble it all up since they have a limitless supply of money that you'll never have access to. It's a scam on an international scale. You're all slaves to debt. In reality they only hold whatever illusory power people proscribe to currency. In the end the way to stop this madness is as simple as using physical force to destroy their unfair advantage. This is what they fear the most.

>20 T in debt
>Not in a financial crisis

k

Your average millennial is around 30-50k in debt and isn't able to pay it off in a reasonable amount of time.

I'd say we've already hit the financial crisis, we're just a zombie shambling around in denial at the moment.

Ayo hol' up..
So youse be sayin' that the economy be healthy and sheet?

lmao

"The Federal Reserve is not currently forecasting a recession" - Ben Bernanke January 10, 2008

She's saying were all going to be dead in a short time. That's the only reasonable conclusion to her statement

>Just keep using the dollar, goy

>our lifetime

WWIII confirmed?

I want to have sex with Alan Greenspan.

That means a crisis is, relatively, nigh.

A woman that cant into risk assessment?
Color me surprised

This could plausibly be a disaster capable of making 1929 look like a walk in the picnic

20-25 years and you get another one.
She won't see it cause she's an old fart but the younglings will.

>inb4 she dies in 6 months and a global recession hits

No one saw the 08 crash happening either.

stock prices have reached what looks like a permanently high plateau.
--- Irving Fisher, 1929

The mere fact she said that practically guarantees that there will be another crisis.

Probably starting in Europe, Bretton Woods 2.0 here we come.

We might be about to see a real estate crisis. But the financial one was an impressive level of fuck up. We might not actually see such a big fuck up for awhile.

>boomers will plunder the economy dry for their gibs
>my generation will have to work til we are 100
>this past election featured 2 retarded boomers who push the boomer agenda

I hate you boomers so much.

"Her lifetime" which will probably end prematurely in August if the statement in question is true.

>we might nazi another financial crisis in our....

Haha. Nice one m8

Everything is A-OK goys.

You can trust me.

So basically it's coming in the next few weeks or months

NEVER listen to rightwing / goldbug economic predictions

We're 5 to 7 years into a 20+ year secular bull market

I think you guys are misunderstanding this statement. She means that the apparatus of the state and the economy itself are so intertwined in the modern era that all future crashes, and all future growth, no longer abide by previous models.

We're in a boom period right now, but a lot of people don't feel secure. During the last crash in 2008 everyone lost a lot of money, but because of high-level intervention the economy righted itself pretty quickly. I think that the policy of intervention with no regard to the accumulation of debt will continue throughout our lifetime. Last year in China the stock market took a major hit but the consequences were ultimately minimal. I think Yellen is suggesting that this going to be the new reality of economics as we move toward hyper capitalism.

Sure, bud. Maybe /x/ is more your speed.

Thanks for clearing that up, Goldberg
Goyim now invest everything on green technology

Everything is under control.
What's on TV tonight?

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>our lifetime
>80 years old

well played you old bat

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>everything is under control goy
shit's about to hit the fan.

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This

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everyone is waiting for the next crash to cash in, it's not going to happen any time soon.

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There will never be another financial crisis. President Trump has repaired the economy. The US will be a prosperous utopia by the time his second term ends.

Whether it's gonna take 1 or 5 years from now, we're almost bound to have a market correction, from all the extreme QE and low interest.

The market needs a fucking detox from all the Keynesian bullshit. I just fucking wish all lenders would say "pay denbts" at once, realize we can't pay back EVERYTHING, and reset this shit.

youtube.com/watch?v=K8eLfI5YlMM

>I just fucking wish all lenders would say "pay debts" at once

If you owe the bank $1 million, you have a problem.
If you owe the bank $100 million, the bank has a problem.

Banks always extend and pretend rather than try to collect bad debts and expose the whole system as bankrupt. Case in point, Japan.

She absolutely full of it;

youtu.be/tmmGTyXDcT8

When these assholes tell me not to worry I start to fucking worry.
90s you can't lose money in tech stocks baby!
00s you can lose money in real estate baby!
10s no more financial issues with currencies ever again baby!

>buy fucking gold/guns/ and ammo.

Jews would not lie.... would they?

>policy of intervention
>hyper capitalism
And what boom are you talking about? Rising stocks with minimal economic growth?
Yeah that's not a boom, it's a bubble.

*Another economic crisis won't occur in the lifetime of boomers

Yeah it will.

It's beyond comprehension that she could actually believe what she just said. So obviously it's some kind of bullshit going around among muckymucks about how they're going to ride this out, or a threat of crash.

This is a good one. It gets straight to the point and is very easy to digest.
I did. put everything into gold before hand. Fun times.
>If you owe the bank $100 million, the bank has a problem.
I'm sure that applies to the individual bank to a certain degree but as Alan Greenspan said, "you can always print more."
Now what folks like you don't get is that the people surrounding the Fed use their position as a financial choke point in the distribution of wealth to enrich themselves. Money itself isn't the end goal, it is simply a tool. The goal is to get all these businesses to produce and then reap the benefits when they fail. They don't care about the money. Why can no one see this? A 100 million dollar failure is a carcass to ravage with their limitless dollars. They get the products, the infrastructure and the assets. Things with real tangible value. And since they can print and pilfer all the money they want and surreptitiously distribute it to themselves they essentially get it for free. All because they control the distribution of all wealth in the country. It's like playing monopoly against someone getting money under the table from the banker.