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To creditors. also, we live in an economy where it's not easy po push workers' wages down and there needed to be some readjustment. janet yellen has the reputation, very dovish, as someone who cares deeply about unemployment. she's worked on it her whole but maybe not the same way as the average person. i think that is great. on the other hand she doesn't run the place by herself. i should say she is very good. this is not a question of being dovish and weak. >> do you think that -- emerging markets have seen a big selloff. do you think that that is related to janet yellin coming to the fed? t...

Check to anybody the way it would education or earned income tax credit. i think zanny's analysis and ken of course are right. the impact on jobs has been proven to be minimal. it's way below what it's been historically on an inflation adjusted basis and should be raised. >> janet yellin takes over the fed. you have been probably the most outspoken critic of the fed on one issue, you think they should actively encourage the united states to have more inflation. >> yeah. >> explain why and whether she'll do it. >> certainly at the crisis it was a no-brainer they should have worried less about i...