Janet Yellen: The Most Powerful Person In The World?

The definition of 'Power' is "the capacity or ability to direct or influence the behavior of others or the course of events." Basically, to have power means having the ability to influence people. Janet Yellen is the successor of Ben Bernanke as the, now, 15th Chairman of the Board of Governors of the Federal Reserve System for the United States of America. Being the Chairman of the Federal Reserve means Yellen is the active executive officer of the central banking system of America, giving her the power to not set the Federal Fund Rates, but rather steer the Fed towards a consensus. Being able to do said prior, she's in control of inflation, money supply, and ultimately, the economy of the most powerful country in the world.

Throughout the 2008 financial crisis in the United States - amplified by Washington's gridlock - the central banking system took on the job of re-exhilerating the economy through superfluous amounts of money in the form of asset buying. Ever since the central banking system took on this arduous task, they've been in control of America's economy for many years now, meaning whoever is in charge of the Federal banking system is in control of the country's money, and since money makes the world go round, Janet Yellen is arguably the most powerful person in the world.