As Janet Yellen ended her important "service" at the Federal Reserve, she left behind a legacy of fiat debasement like all her predecessors. However, the failure to achieve the 2 percent inflation target casts a shadow over her otherwise laudable and magnificent achievements in wealth destruction.

In her farewell speeches, Yellen emphasizes how important an average annual purchasing power theft of two percent is to keep the show on the road.

Read more about the successful drainage of private wealth promoted by central banks and their tireless efforts on behalf of the people.