Is this like when everybody lost their job over COVID hysteria, but it was good because they then got to do what they really wanted to do with their life (instead of eating)?
CBO predicted receipts in 2022 would amount to 18.1 percent of GDP, the most in 20 years. Now it seems like the agency will have to revise that too upwards.
Not everyone dislikes inflation.
“”The declining purchasing power of dollars means that we can pay back our debt with cheaper money,” Yellen explained.”
Delusional. Every day we are adding to the pile of debt. There is no paying down the debt.
It prepares those paying taxes to get ready to pay more taxes.
I prefer it to the alternative.
No, you foppish fake. What it means is that all the rich donors to your masters’ political campaigns get to pay off THEIR debt — while the rest of us die.
As one of my favorite Texas assembly men said: “Eat death scum and die!”
Not for her and her elites friends it isn’t.
But it is for everyone else.
But losing your job gives you more “Family Time”.
I hate reading crap like this from administration officials. Inflation is definitely bad all around and she knows it.