"The distribution of wealth is even more unequal……" — 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
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38 Quotes by Janet Yellen
Janet Yellen has 38 quotes on this site.
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I would be strongly committed to working with the FOMC to continue promoting a robust economic recovery ... I consider…
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I am anxious to fix welfare. There has to be more training and child care.
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Productivity growth, however it occurs, has a disruptive side to it. In the short term, most things that contribute to…
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Inequality has risen to the point that it seems to me worthwhile for the U.S. to seriously consider taking the…
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It slightly worries me that when people find a problem, they rush to judgment of what to do.
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Are deviations from full employment a social problem? Obviously.
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For my own part, I did not see and did not appreciate what the risks were with securitization, the credit…
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Will capitalist economies operate at full employment in the absence of routine intervention? Certainly not,
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The bottom line for housing is that the concerns we used to hear about the possibility of a devastating collapse—one…
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If it were possible to take interest rates into negative territory I would be voting for that.
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Prospects for growth in the year ahead are solid at the national level, and of course, this can only be…
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By some estimates, income and wealth inequality are near their highest levels in the past hundred years, much higher than…
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More All Quotes
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We must all make peace so that we can all live in peace.
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A friend to all is a friend to none.
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