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liberal, but she's a realist about what we should go to work every day at the fed to do, which is try to create more jobs. and know that you have to have regulation to make markets work. >> yes. jonathan, janet yel season known as a dove in wall street circles. i'll read an excerpt on what she cares about. according to more than half a dozen long-time friends and colleagues, yellen has two grand passions that will require government to help in a very big way. reducing chronically high unemployment, which is the focus of her life's work and probably the single biggest economic problem in america today, and reining in wall street's excesses. >> and her view has been in competition with the inflation hawk view since the onset of this crisis. and the evidence is very, very clear. the inflation dove world view seems to be proven right time and time again. the rand paul view, and even the less crazy version of this you see in "the wall street journal" editorial page, has just been disproven and disproven.