Special address by US Treasury Secretary Janet L. Yellen

Treasury Secretary Janet L. Yellen delivers a special address on the future of the global economy and US economic leadership.

[DonHammonds]

Thank you, Atlantic Council for this excellent Front Page event.

[MrSupernova]

Rana Foroohar is a fox! Goodness! Good interview too!

[ludakapkina]

I never have seeing Front Page like that during the war in Afghanistan, Iraq, Vietnam...

[yc-tai]

Hello Yellen, an "x spurt" is a drip, stop saying "do what I say!"

[jburt]

How about shifting more investment to the Americas and creating a 'New Pan-Americanism' which will support better economic security?

[deniscwb]

Summarizing the "ideas of Yellen": 1. Use of sanctions to combat "authoritarian" regimes, read in fact contrary to the interests of the West. Sanctions will start with countries until they extend to individuals, as Trudeau did in Canada. It will be the "censorship of good"; 2. Creation of friendly supply chains, that is, only countries that submit to the large capitals of the West can be part of it. The idea is to resumption control of the inputs of poor countries, since with the war in Ukraine there was the opening of an alternative path to a multipolar world contrary to a globalized world with the USA ahead. They will accelerate the use of digital money that had never left the system by giving broad social control. Everything you do will be controlled and can be sanctioned; 3. Efficient allocation of public and private resources. Yes, your money will also be directed. The government will choose where you invest through social and environmental governance. The excuse will be that you should invest here because it is socially acceptable or because it is good for the environment; 4 . Global governance of health systems. Countries will lose sovereignty over their health systems and global governance will define when a country creates risks to global health, especially when they do not walk in the interests of big pharmas. You will have nothing and will be happy according to the happiness of these crazy people.

[Doncosttty]

Well said, Ms. Yellen. "We will also need to modernize our existing institutions—the IMF and the multilateral development banks—so they are fit for the twenty-first century, where challenges and risks are increasingly global."

[neokorteks]

Globalisation light which will not solve the Triffin's paradox

[marcioramosfoto]

human waste that we need to eradicate from the planet.