Yellen Refutes Printing $1 Trillion to Save the U.S, Debt Ceiling a Tool to Scare Investors?

In an op-ed, Nobel Laureate Paul Krugman mentioned that the current $31 trillion debt scare in the U.S. is not scary at all. He stressed that the debt ceiling or the subject of default should not become a tool to scare investors. U.S. Treasury Secretary Janet Yellen also refuted political speculation, denying that a large amount of money will be printed 1 trillion dollars to save the country. Yellen said the only solution to avoid a U.S. default crisis is for Congress to raise the federal debt ceiling and avoid other proposed stopgap measures, including short-term extensions or spending cuts. She also dismissed political hype, including the argument that the Treasury should be prepared to take technical measures to minimize the impact of a default or resort to gimmicks like printing a massive $1 trillion in money. 💯TOP 3 Video Swiss Sells $36.4 billion U.S. Treasuries ▶ Africa Rejects US’ Blank Check ▶ https://youtu.