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Since 1985, she was a [[Professor values|Professor]] at the [[leftist]] [[University of California, Berkeley]].
Since 1985, she was a [[Professor values|Professor]] at the [[leftist]] [[University of California, Berkeley]].
==Proponent of inflation==
Judy Shelton of ''The New York Sun'' reported on a 1996 Federal Reserve Board meeting in which Yellen argued for inflation:
Judy Shelton of ''The New York Sun'' reported on a 1996 Federal Reserve Board meeting in which Yellen argued for inflation:
{{quotebox-float|She proceeded to tell Mr. [[Alan Greenspan|Greenspan]] and her colleagues around the table about a survey posed to a random sample of Americans by Yale economist Robert Shiller to measure their aversion to inflation.<br>
{{quotebox-float|She proceeded to tell Mr. [[Alan Greenspan|Greenspan]] and her colleagues around the table about a survey posed to a random sample of Americans by Yale economist Robert Shiller to measure their aversion to inflation.<br>
The transcript notes parenthetically that this last aside prompted laughter in the Fed boardroom. Get it? Economists don’t fall for that inflation ruse — only ignorant workers.<ref>https://www.nysun.com/national/the-moment-janet-yellen-moved-for-greasing/91543/</ref>}}
The transcript notes parenthetically that this last aside prompted laughter in the Fed boardroom. Get it? Economists don’t fall for that inflation ruse — only ignorant workers.<ref>https://www.nysun.com/national/the-moment-janet-yellen-moved-for-greasing/91543/</ref>}}
In the spring of 2021, Yellen testified under oath to Congress that, despite socialist leader Biden and the Democrat controlled Congress massive sending programs, inflation by year's end would be 2%. By December 31, 2021, inflation was slightly under 10%.
==References==
==References==