Posted on 11/14/2023 7:38:35 AM PST by ChicagoConservative27
Treasury Secretary Janet Yellen said she disagrees with the recent move by Moody’s Investors Service’s to shift the U.S. outlook from stable to negative.
“The American economy is fundamentally strong and Treasury securities remain the world’s preeminent safe and liquid asset,” Yellen said Monday following the APEC Finance Ministers’ Meeting in San Francisco.
The Moody’s move is “a decision that I disagree with,” Yellen added.
While the U.S. still has its “AAA” rating from Moody’s, the agency called higher interest rates and the rising debt a risk to America’s fiscal strength.
(Excerpt) Read more at thehill.com ...
Why is this dottering mentally disabled person the Treasury Secretary? Oh wait, for the same reason the mentally disable buffoon in the fictitious president.
The enemy within needs fall guys. They fit the bill and do as they are told.
The rest of us will pay and pay and pay and pay.....
Well, at least Yellen was right about inflation only being ‘transitory’... /s
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