Janet Who?

Binyamin Appelbaum highlights a poll done by the Pew Center which found that no one has any idea who runs the Fed.

Presented with a list of four names, just 24 percent of respondents to a new Pew Research Center poll correctly identified Janet L. Yellen as the Fed’s chairwoman. The runner-up, with 17 percent, was Alan Greenspan, who retired from the job almost a decade ago.

All things being equal, I’d prefer to live in a world where the head of the central bank is barely known. Still, it’s a little shocking how many Americans are so clueless about monetary policy.

Posted by Eddy Elfenbein on October 6th, 2014 at 8:42 pm

The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.