Janet Yellen to appear in documentary 'Money For Nothing'

Yellen appears in the movie 'Money for Nothing', along with a stellar group of current and former Fed officials including Charles Plosser, Jeffrey Lacker, Alan Blinder, Peter Fisher, Alice Rivlin, and the great Paul Volcker. (Prescient contrarians Jeremy Grantham, John Mauldin, Barry Ritholtz and Gary Shilling also have their say.)

Yellen says

“I pledge to do my upmost… to promote maximum employment, stable prices, and a strong and stable financial system. The Federal Reserve can help ensure that everyone has the opportunity to work hard and build a better life” 

Yellen’s comments were particularly notable. In the movie, she made a bold statement:

“It’s our job to guarantee that whatever happens to the federal deficit and debt…does not translate into inflation.”