Janet Yellen Quotes

Janet Yellen Quotes: Long-term unemployment can make any worker progressively less employable, even after the economy strengthens.
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Janet Yellen Quote: One common way of judging whether housing's price is in line with its fundamental value is to consider the ratio of housing prices to rents. This is analogous to the ratio of prices to dividends for stocks.
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Quotes about Janet Yellen: In the long run, outsourcing is another form of trade that benefits the U.S. economy by giving us cheaper ways to do things.
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Quote about Janet Yellen: The distribution of wealth is even more unequal than that of income. ...The wealthiest 5% of American households held 54% of all wealth reported in the 1989 survey. Their share rose to 61% in 2010 and reached 63% in 2013. By contrast, the rest of those in the top half of the wealth distribution families that in 2013 had a net worth between $81,000 and $1.9 million held 43% of wealth in 1989 and only 36% in 2013.
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Janet Yellen Sayings: The average net worth of the lower half of the distribution, representing 62 million households, was $11,000 in 2013. About one-fourth of these families reported zero wealth or negative net worth, and a significant fraction of those said they were ' 'underwater' on their home mortgages, owing more than the value of the home. This $11,000 average is 50% lower than the average wealth of the lower half of families in 1989, adjusted for inflation.
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