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Yellen: Inflation ‘Transitory’ — Doesn’t Mean It’ll ‘Go Away Over the Next Several Months’
Breitbart ^
| 10/05/2021
| Trent Baker
Posted on 10/05/2021 7:30:13 AM PDT by ChicagoConservative27
Treasury Secretary Janet Yellen on Tuesday advised that inflation could hit the United States for a while before eventually letting up.
Yellen told CNBC’s “Squawk Box” that inflationary pressures are “transitory” at this time but cautioned “that doesn’t mean they’ll go away over the next several months.” She added that she trusts the fed “to make the right decisions.”
(Excerpt) Read more at breitbart.com ...
TOPICS: Business/Economy; Crime/Corruption; Culture/Society; Government
KEYWORDS: economy; fed; inflation; months; stockmarket; transitory; yellen
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Really you troll doll???
To: ChicagoConservative27
2
posted on
10/05/2021 7:30:53 AM PDT
by
JoSixChip
(2020: The year of unreported truths. )
To: ChicagoConservative27
The Biden Democrat’s, fiddling while working Americans burn.
3
posted on
10/05/2021 7:31:15 AM PDT
by
MNJohnnie
(They would have abandon leftism to achieve sanity. Freeper Olog-hai)
To: ChicagoConservative27
transitory
trăn′sĭ-tôr″ē, trăn′zĭ-
adjective
Existing or lasting only a short time; short-lived or temporary.
Continuing only for a short time; not enduring; fleeting; evanescent.
What an idiot!
4
posted on
10/05/2021 7:31:46 AM PDT
by
frogjerk
(I will not do business with fascists)
To: ChicagoConservative27
She is a useful idiot for the politburo.
To: JoSixChip
she trusts the fed “to make the right decisions.”
I absolutely do not trust anybody in government to “to make the right decisions.” In fact just the opposite.
6
posted on
10/05/2021 7:32:52 AM PDT
by
JoSixChip
(2020: The year of unreported truths. )
To: frogjerk
The revised definition is “not necessarily eternal”.
To: JoSixChip
8
posted on
10/05/2021 7:33:45 AM PDT
by
SaveFerris
(The Lord, The Christ and The Messiah: Jesus Christ of Nazareth - http://www.BiblicalJesusChrist.Com/)
To: crusty old prospector
She’s not an idiot. She knows its not transitory. The idiots are the people who believe her.
To: ChicagoConservative27
10
posted on
10/05/2021 7:36:04 AM PDT
by
BenLurkin
(The above is not a statement of fact. It is either opinion, or satire. Or both.)
To: ChicagoConservative27
I suppose everything is transitory.
“In the long run we are all dead” - John Maynard Keynes
11
posted on
10/05/2021 7:36:36 AM PDT
by
ClearCase_guy
(China is like the Third Reich. We are Mussolini's Italy. A weaker, Jr partner, good at losing wars.)
To: ChicagoConservative27
The elites don’t care about inflation. It matters not to them. They are not the least bit affected by it.
To: ChicagoConservative27; All
13
posted on
10/05/2021 7:39:05 AM PDT
by
musicman
(The future is just a collection of successive nows.)
To: ChicagoConservative27
14
posted on
10/05/2021 7:39:48 AM PDT
by
Apparatchik
(If you find yourself in a confusing situation, simply laugh knowingly and walk away - Jim Ignatowski)
To: ChicagoConservative27
She’ll make damn sure of that.
15
posted on
10/05/2021 7:40:24 AM PDT
by
Texas Eagle
(If it wasn't for double-standards, Liberals would have no standards at all.)
To: ChicagoConservative27
Gotta love how they move the goalposts....
Is six months “transitory”?
How about a year?
How about two years?
How about a decade?
How about a century?
Bwahahahahahaha.
16
posted on
10/05/2021 7:42:01 AM PDT
by
cgbg
(A kleptocracy--if they can keep it. Think of it as the Cantillon Effect in action.)
To: ChicagoConservative27
Life is transitory, which is why those who’ve worked their whole lives to put away enough for retirement are being markedly hurt by inflation - which is devaluing their savings.
We would ALL be better off if elected office and political careers were markedly more transitory.
To: ChicagoConservative27
You lie!
18
posted on
10/05/2021 7:43:15 AM PDT
by
MeneMeneTekelUpharsin
(Freedom is the freedom to discipline yourself so others don't have to do it for you.)
To: frogjerk
“Existing or lasting only a short time; short-lived or temporary.”
Not sticking for this bag of gas but the terms “short lived” and “temporary” and as such are open to interpretation.
It is an obvious CYA statement and only the most ignorant can not see that.
To: frogjerk
The claim that it is “transitory” is what is holding the price of gold and silver down. Watch what happens when reality trumps the claim.
20
posted on
10/05/2021 7:47:49 AM PDT
by
cuban leaf
(We killed our economy and damaged our culture. In 2021 we will pine for the salad days of 2020.)
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