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Janet Yellen's Mystery Story

It's Janet Yellen's last week running the Federal Reserve.

On today's show, we focus on a single speech Yellen gave last year.

In the speech, Yellen lays out one of the most baffling mysteries in the American economy right now.

Also, the speech reveals a certain boldness that Yellen brought to the job. Superficially, it looks like one more speech about monetary policy. But look a little deeper and you see Yellen is asking some radical questions.

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Jacob Goldstein is an NPR correspondent and co-host of the Planet Money podcast. He is the author of the book Money: The True Story of a Made-Up Thing.
Cardiff Garcia is a co-host of NPR's The Indicator from Planet Money podcast, along with Stacey Vanek Smith. He joined NPR in November 2017.