Senate drops the ball on Fed's Janet Yellen

From Nouriel Roubini: ten quick tweets on all those questions that ill-briefed senators were “too naive” to ask Janet Yellen, at her Fed hearings.

All we got was muddle, posturing, and bluster, illuminating nothing much. The hearings were like many bad press conferences I have covered as a hack, mostly a spectacle of journalists trying to show off (including me, no doubt) rather than eliciting useful information.

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