YELLENOMICS 101

They say that getting to the summit is only half the journey; you hafta’ make it back down again, too. It’s getting to be a pretty big drop.

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How long do you think it’s gonna’ rain? Forever?

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And what do you think will happen when it stops?

Dow Jones Industrial Average, 1900 - August 17, 2007.
 

Dow Jones Industrial Average, 1900 - 1940.

The greatest economic mind in America (supposedly) thinks she can keep the ball rolling indefinitely. Some, including Al Bartlett (1:13:53), would disagree.

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