This page has been archived and commenting is disabled.

Is Yellen The Most Worthless Central Banker?

Tyler Durden's picture




 

Most people in the world believe you get what you pay for. Furthermore, the dream of a meritocratic society remains alive and well in the corporate world. As the following chart shows, however, the US (and perhaps even the world) better hope that they don't get what they are paying for...

 

 

As Bloomberg's Niraj Shah notes, Mario Draghi was paid $518,264 last year, according to the ECB’s annual accounts released yesterday. That is more than twice as much as the $201,700 Janet Yellen is set to receive and the $235,400 earned by Haruhiko Kuroda. Mark Carney is paid the most of the major central bankers – earning a total of $1.46 million.

 

Of course, such comaprisons are absolutely idiotic when one considers the cost of living in various countries, something "1st tier" economists are completely unable to grasp when they compare wages (and minimum salaries) across nations.

 

- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Fri, 02/21/2014 - 09:32 | 4461406 Divided States ...
Divided States of America's picture

Yeah but the perks and benefits all these motherfuckers get are through the roof

Fri, 02/21/2014 - 09:35 | 4461416 kliguy38
kliguy38's picture

somewhat redundant headline there tyler

Fri, 02/21/2014 - 10:00 | 4461481 BoNeSxxx
BoNeSxxx's picture

That is only what she is 'officially' paid...

These ass clowns leave the building every day with suitcases full of Benny-Bucks off the books.

Fri, 02/21/2014 - 10:19 | 4461555 SafelyGraze
SafelyGraze's picture

missing from this chart: 

five quintillion dollars

hugs,
Gigi

http://www.telegraph.co.uk/news/worldnews/africaandindianocean/zimbabwe/...

 

Fri, 02/21/2014 - 10:27 | 4461612 NoDebt
NoDebt's picture

You're forgetting about her endorsement deal with JP Morgan and her merchandising deal with Google.  

Fri, 02/21/2014 - 12:36 | 4462139 LMAOLORI
LMAOLORI's picture

 

 

 

It must be discrimination she already proved she's worth far more when she worked for clinton and summers.

Fri, 02/21/2014 - 10:53 | 4461733 lordylord
lordylord's picture

Is Zero really asking if the Fed can determine the worth or value of anything?  Ha!

Fri, 02/21/2014 - 11:41 | 4461922 Jumbotron
Jumbotron's picture

Right you are...Divided States......a Central Bankster's greatest perk is options.

Fri, 02/21/2014 - 11:45 | 4461936 Stuck on Zero
Stuck on Zero's picture

It wasstated that Greenspam earned nearly $38 million since leaving his position.  He collected $5 million the day he left office. 

Fri, 02/21/2014 - 09:32 | 4461407 slotmouth
slotmouth's picture

Glass ceiling 

Fri, 02/21/2014 - 09:45 | 4461410 Dr. Engali
Dr. Engali's picture

Oh boy, that's not going to go over well. Jami needs to pay his underlings better, but I guess that's why he is richer than her.

Fri, 02/21/2014 - 10:00 | 4461480 Groundhog Day
Groundhog Day's picture

How do we know we are at the end of the line for this empire?

Cocaine sniffing C grade president

followed by a black community organizer

followed by a clueless female/male,shemale central banker

followed by a crooked female president in 2016.

In the end the powers that truely control everything will let anyone sit in the emperor's chair to divert the blame

Fri, 02/21/2014 - 10:06 | 4461497 unplugged
unplugged's picture

USA executive mgmt chart

 

 

                                                 Jamie D  / Supreme Ruler
                                                     |
                                                     |
---------------------------------------------------------------------------------
|                        |                           |                      |                      |
Barack O / VP      Lloyd B / VP            Janet Y / VP      Keith A / VP       John B / VP
                                                                               (NSA)                (CIA)

Fri, 02/21/2014 - 09:34 | 4461411 eclectic syncretist
eclectic syncretist's picture

How appropriate that a carny makes the most, emphasizing what a circus these clowns have made of the global economy.

Fri, 02/21/2014 - 09:34 | 4461412 HyBrasilian
HyBrasilian's picture

Worth 'LESS' [as in your bux]

Fri, 02/21/2014 - 09:34 | 4461413 unrulian
unrulian's picture

any number divided by 0 is 0 how can one CBanker be more worthless than the rest?

Fri, 02/21/2014 - 09:36 | 4461417 RaceToTheBottom
RaceToTheBottom's picture

Her bosses want to keep her salary low so that she has to work for her second career as WS Shuckster after her FED stint.

Think of her FED career as a brownosing interview for the real gig.

Fri, 02/21/2014 - 11:01 | 4461755 unrulian
unrulian's picture

She is but a fluffer in place to keep the markets aroused

Fri, 02/21/2014 - 09:36 | 4461419 JailBanksters
JailBanksters's picture

A retorical question, just like asking what is the worst coffee at starbucks. The answer to both of questions is the same, their all bad, there is not a good one anywhere.

Fri, 02/21/2014 - 09:37 | 4461420 Anglo Hondo
Anglo Hondo's picture

Quote: "Mark Carney is paid the most of the major central bankers – earning a total of $1.46 million."

 

Earning?  Really?  He may be paid that much, but the decision on whether he earns it is yet to be seen.  Right now he is just another overpaid GS lackey.


Fri, 02/21/2014 - 09:42 | 4461429 RaiZH
RaiZH's picture

But look at how much wealth he has created for home owners!

 

/sarc

Fri, 02/21/2014 - 09:38 | 4461421 stant
stant's picture

the other fed members told her they are starting a new band called alice cooper. and by the way your alice

Fri, 02/21/2014 - 09:43 | 4461431 LawsofPhysics
LawsofPhysics's picture

She isn't in "The Club".  Now can people see the real puppet masters yet?  Don't shine a light in the dark if you don't want to see what's there folks...

Fri, 02/21/2014 - 09:45 | 4461438 Sufiy
Sufiy's picture


Peter Schiff: Gold Even More Bullish Under Yellen Than Bernanke or Greenspan!

Peter Schiff continues his battle with the bubble media and discusses the solid values of Gold. Economic data is getting softer day by day now and Taper for The Taper is on the agenda again. Meanwhile gold stocks are leading this rally. Barrick Gold is breaking to the upside on the analyst upgrade yesterday, Royal Gold is going up anticipating  the Gold price action and McEwen Mining has printed The Golden Cross.

 

http://sufiy.blogspot.co.uk/2014/02/peter-schiff-gold-even-more-bullish....

Fri, 02/21/2014 - 09:47 | 4461441 highwaytoserfdom
highwaytoserfdom's picture

the TBTF and discount window  welfare guys should be limited  to Blunder Woman's pay..  Sad to think that this low paying job is taken by  someone well aware that their policies have not helped one bit..   Volker says shaowstats.   Propaganda comes cheap thies days.  

Fri, 02/21/2014 - 09:47 | 4461445 Dead Man Walking
Dead Man Walking's picture

Sure the salary is low for Yellen but dont tell her, she's not good with numbers.

Fri, 02/21/2014 - 09:52 | 4461450 Bryan
Bryan's picture

I blame the weather.  And society.

Fri, 02/21/2014 - 09:52 | 4461452 adr
adr's picture

To say Yellen is the most worthless in to imply that the rest of the banksters have some worth.

It's like saying you can have your arms cut off and then your legs, or your legs cut off then your arms.

By the way anyone else see that the Tesla Model X has been pushed back another year? That is like Apple saying they aren't releasing the iPhone 6 this year. The stock should be crashing, but it's probably still soaring.

Fri, 02/21/2014 - 09:52 | 4461453 yogibear
yogibear's picture

Life is great in the cemtral bankster cabal if your follow their policy. Those aspiring people that fall out of favor or whistle-blow end up falling off a building or being killed with whatever is around (nail-gun) and deemed as an accident or suicide.

Fri, 02/21/2014 - 09:54 | 4461455 andrewp111
andrewp111's picture

The only government employee who makes much more than 200K is the Preznit. Nothing to see here, move along.

Fri, 02/21/2014 - 09:57 | 4461461 NoIdea
NoIdea's picture

Britain is such a generous country! We've been trying for years to get our CEO pay to catch up with the top US companies. Looks like we outdid ourselves on the central banking front. Top of the league! :D

Fri, 02/21/2014 - 09:58 | 4461470 alfred b.
alfred b.'s picture

 

    All banksters and their gov't & corporate cronies are the "most worthless" people... PERIOD!

 

Fri, 02/21/2014 - 10:02 | 4461488 Duude
Duude's picture

That's their official salary. American Fed banksters probably get to take home samples.

Fri, 02/21/2014 - 10:06 | 4461498 Debt Slave
Debt Slave's picture

It doesn't surprise me that Carney is getting the most. The BoE-Rothschild syndicate has been swindling people for a lot longer.

Fri, 02/21/2014 - 10:08 | 4461504 Steve in Greensboro
Steve in Greensboro's picture

Most worthless central banker?   Central bankers range from worthless to massively destructive.  Yellen-Bernanke-Greenspan are on the massively destructive end of the spectrum.

Fri, 02/21/2014 - 10:18 | 4461548 Dr. Bonzo
Dr. Bonzo's picture

Surprised you guys didn't have the Hong Kong Monetary Authority up there. As I understand that bozo gets paid in the low 7-figures US to be a pitch man for the dollar-peg.

Fri, 02/21/2014 - 10:29 | 4461626 Rising Sun
Rising Sun's picture

Who gives a fuck what this bitch gets paid?? 

It probably has so many side deals, that it's pay is just some extra "folding money" that she spends for fun.

Fri, 02/21/2014 - 10:46 | 4461705 fzrkid
fzrkid's picture

I figured she could just print fresh loot whenver she needed.

 

Finally though I see someone else write this. "Of course, such comaprisons are absolutely idiotic when one considers the cost of living in various countries, something "1st tier" economists are completely unable to grasp when they compare wages (and minimum salaries) across nations."

Fri, 02/21/2014 - 10:49 | 4461719 Randoom Thought
Randoom Thought's picture

No, Yellen is simply the least overpayed. Carney is obviously massively overpaid for what he does and Draghi is a waste of protoplasm.

Lemme guess. Yellen never rose through the ranks of Golden Slacks?!?

Fri, 02/21/2014 - 11:24 | 4461840 Y2JPD
Y2JPD's picture

She was appointed by Obama so she cant be worth much...

Fri, 02/21/2014 - 11:47 | 4461940 Elliptico
Elliptico's picture

She is a multi-millionaire. How much does a bankrupt UC Berkeley pay these dogma defenders?

Fri, 02/21/2014 - 11:53 | 4461953 Ghostdog
Ghostdog's picture

Well she would defnitely lose the swimsuit competition to Bernanke and a Volker of yore

Fri, 02/21/2014 - 11:53 | 4461955 giggler321
giggler321's picture

Perfect example of Women, under paid in the work place.  Mark isn't worth 0.2 given he just belly flopped on his 7% unemployment linked inflation rise showing truely his motives.  Previously the BoE had not linked their monetary policy to employment, wonder why he did?  Obviously he thought it could not have been met.

Fri, 02/21/2014 - 12:45 | 4462159 I Write Code
I Write Code's picture

That's just base salary, surely she gets at least a 1% commission on any money she prints, plus all the paperclips she can fit in her bag - no metal detectors on the way out!

Do NOT follow this link or you will be banned from the site!