Fed's Kashkari: hopes Yellen gets reappointed

More comments from Fed's Kashkari speaking at Town Hall In North Dakota:

• Should look to Japan to avoid deflation 
• Can accept lower growth
• Should embrace immigration for population growth
• Real interest rate is lower because the population has been ageing
• Fed is adjusting inflation forecasts
• Society has been changing 
• 19t debt
• US has no inflation
• Say's the reason there is no inflation in the U.S. is that investors around the world think US economy is strongest, US investors rather buy US debt - but said this can't go on forever
• US is relatively stronger than Europe, UK and Japan, for now
• U.S. has time to adjust 
• Need to deal with long-term economy
• Have to get fiscal house in order before investors chose to invest somewhere else
• Yellen best to run Fed for next four years
• Low-interest rates will lead to more investment