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John Waelti: Fed Chair correct to speak on income inequality
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Janet Yellen, chairman of the Board of Governors of the Federal Reserve System, recently delivered a speech on economic inequality in America. We should be shocked, shocked - no, not really - that mere mention of economic inequality would stir up controversy among those who deny that this is a problem, or even that it exists. The title of her speech was "Perspectives on Inequality and Opportunity from the Survey of Consumer Finances."