from Zero Hedge
What would easily explained “chaos” in the markets be if Fed enabler turned Treasury Secretary Janet Yellen didn’t weigh in to muddy the waters?
Yellen said Thursday she wanted to “understand deeply” what happened during the GameStop fiasco before making any regulatory decisions, according to Reuters.
On Good Morning America on Thursday, Yellen, responsible for overseeing possibly the largest Fed-induced market bubble in history, said: “We really need to make sure that our financial markets are functioning properly, efficiently and that investors are protected.”
Yellen also argued for “a massive federal stimulus plan”, which probably explains why gold dumped 2.3% early in the Thursday cash session.