Posted on 06/02/2022 1:45:44 PM PDT by DFG
WASHINGTON, D.C.—After admitting on national television that she had not anticipated the intensity and length of America's inflation pains, Treasury Secretary Janet Yellen was seen in her office poring over a copy of Economics for Dummies.
The secretary, hired for her brilliance in possessing a checklist of acceptable physical characteristics, has been praised for her renewed desire to understand how moneys work.
"Huh, I was way off when I said inflation risks were small and manageable," Yellen was overheard muttering to herself while using a crayon to circle the book's key principles about how money does not grow on trees. "My staff should read this brilliant work of economic genius once they've finished The Communist Manifesto."
The Biden Administration reportedly stands by retaining Janet Yellen as Treasury Secretary, stating, with a snort, that replacing her with some white dude would throw off their very important gender diversity ratio.
At publishing time, Secretary Yellen had finished Economics for Dummies and, with a firm grasp on high school-level finance, fired her team of economic advisors, Mr. Magoo, Gonzo, and the Marx brothers.
Economics 101 for spendtard democrats 🤪
She wrote it
Might be one of those talking books ... just speculation that she can read!
The BEE didn’t catch me on this one.....
Yellen ain’t sellin’!
Lordy how I love the Bee
And just like Captain Kangaroo she can't recognize when Mr. Moose and Mr. Biden Rabbit are about to dump a hundred billion of fiat money stimulus on her head.
Yeah, she should be clubbed.
She IS Captain Kangaroo!! At least, her policies are zany and incompetent.
She’s not even close to Captain Kangaroo. The Captain understood children. Yellen understands nothing.
She certainly doesn’t know economics. Hope it has lots of pictures.
“At publishing time, Secretary Yellen had finished Economics for Dummies and, with a firm grasp on high school-level finance, fired her team of economic advisors, Mr. Magoo, Gonzo, and the Marx brothers.”
Unbeknownst to most I from an inside trusted source (you know the guy he is the inside trusted source for the Washington Post) know Janet Yellen’s errors are very simple. Trusted source tells me she is dyslexic and the supple and demand equation is exactly backward in her mind. That sentence of the great Milton Freidman about money supply was the driver of inflation or deflation was lost on her. She did it backward. Thus she made “Helicopter Ben Bernake” seem like a miser in her efforts to drive down inflation, as she flooded the economy with money in the hopes of driving down inflation.
Alas, dyslexia has brought us great economic pain.
Perhaps the Babylon Bee will pick me up as a writer of satire. LOL, but I do not want job,
Another of Brown University’s best and brightest!
Actually she is very adept at economics. She knows exactly what she is doing. It is all part of the "Great Reset" which must be preceded by the collapse of free markets and not "crony capitalism" which is simply Fascism.
It is all about control and power by the elite.
LOL!
Thank God for the Bee, lately reading free republic has become downright depressing.
Thank the Lord for Dr. Thomas Sowell.
Oh wait, it’s the Bee.
5.56mm
I don’t think we should fall into the Fed bashing on this.
THATS WHAT BIDEN WANTS TO HEAR. To deflect the blame.
This mess isn’t the Fed, this mess is Biden.
Supply side constriction is what’s causing inflation and that’s ALL BIDEN.
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