Learn enough and one seems to disregard or forget the basics. Perhaps one can earn a Phd by faking it, never even knowing the basics. Most likely someone like Yellen, believes that with her brilliance, she can override the basics with supernatural powers.https://quillian.net/blog/?p=1639
Sweet Suzie’s Kool-Aid
Common Sense Economics, instead, relies on the basics and regards post graduate economics as misguided mush.
Basic economics which no one disputes, recognizes scarcity as a necessary attribute of money without which it will cause more damage than good.
Americans have not yet grasped the damage central banking has done to the economy.
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