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Yellen: ‘There May Be Isolated Shortages of Goods and Services in the Coming Months’
Breitbart ^ | 10/12/2021 | IAN HANCHETT

Posted on 10/13/2021 7:10:57 AM PDT by ChicagoConservative27

During a portion of an interview broadcast on Tuesday’s edition of “CBS Evening News,” Treasury Secretary Janet Yellen cautioned that, due to the U.S. economy being in a state of recovery, “there may be isolated shortages of goods and services in the coming months.”

Yellen stated that America has an “economy that’s recovering.” And “So, there may be isolated shortages of goods and services in the coming months. But there is an ample supply of goods, and I think there’s no reason for consumers to panic about the absence of goods that they’re going to want to acquire at Christmas.”

(Excerpt) Read more at breitbart.com ...


TOPICS: Business/Economy; Government; News/Current Events; Politics/Elections
KEYWORDS: goods; services; shortages; yellen
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Yellen loves this.
1 posted on 10/13/2021 7:10:57 AM PDT by ChicagoConservative27
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To: ChicagoConservative27

WHOP does HER shopping for the household???

Shortages & empty shelves have been visible for at least 3 months.


2 posted on 10/13/2021 7:13:02 AM PDT by ridesthemiles ( )
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To: ChicagoConservative27

WHO does HER shopping for the household???

Shortages & empty shelves have been visible for at least 3 months.


3 posted on 10/13/2021 7:13:13 AM PDT by ridesthemiles ( )
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To: ChicagoConservative27

Inflation will be transitory.
Shortages will be isolated.

Uh huh.


4 posted on 10/13/2021 7:13:44 AM PDT by ClearCase_guy (China is like the Third Reich. We are Mussolini's Italy. A weaker, Jr partner, good at losing wars.)
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To: ChicagoConservative27
“there may be isolated shortages of goods and services”

This is like a doctor saying “you may feel a little discomfort” when he really means “this is going to hurt like hell.”

5 posted on 10/13/2021 7:15:17 AM PDT by circlecity
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To: ChicagoConservative27

So it begins. America becomes Venezuela.

Economists only know how to make two things: Surpluses and shortages. Set the price of a commodity below the market price, and you have shortages. Set the price above the market price and you have a surplus.


6 posted on 10/13/2021 7:15:45 AM PDT by Lonesome in Massachussets (Diana Moon Glampers for Secretary of Education! )
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To: ChicagoConservative27

PLANNED shortages by democrats. People are stupid. I’d like to see a plot of gas prices over the last 40 years corresponding to who was in the Whitehouse. ANYTIME a democrat gets elected gas goes up, causing everything else to rise in cost. Democrats and never Trumpers voted for higher prices. / Inflation. Enjoy it suckers


7 posted on 10/13/2021 7:16:31 AM PDT by subterfuge (RIP T.P.)
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To: ChicagoConservative27

For crying out loud!

We get A Democrat President, A Democrat House and a Democrat Senate and everything goes to crap.

It’s simple Cause And Effect.

The Democrats are causing these horrible effects.


8 posted on 10/13/2021 7:17:29 AM PDT by blueunicorn6 ("A crack shot and a good dancer”)
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To: ClearCase_guy

The rule of opposites:

When Yellen says isolated, that means expect massive shortages of just about everything.

Stock up on durables now—if you haven’t done so already.

The Soviet Union just moved here.


9 posted on 10/13/2021 7:17:31 AM PDT by cgbg (A kleptocracy--if they can keep it. Think of it as the Cantillon Effect in action.)
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To: ChicagoConservative27

Yellen: “I’m dreaming of a socialist, XMas...”


10 posted on 10/13/2021 7:18:52 AM PDT by RckyRaCoCo (Please Pray For My Brother Ken.)
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To: ChicagoConservative27

Atlas is Shrugging............................


11 posted on 10/13/2021 7:19:32 AM PDT by Red Badger (Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
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To: ChicagoConservative27

This could end today.

Biden resigns.
Harris resigns.
Pelosi Resigns.
Schumer resigns.

Four resignations.

As easy as that.


12 posted on 10/13/2021 7:19:55 AM PDT by blueunicorn6 ("A crack shot and a good dancer”)
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To: ChicagoConservative27

I seem to recall in the past we had an abundance of goods and services when the economy was recovering. Now the Biden administration says shortages of goods and services is a sign the economy is recovering.

Interesting how things change...


13 posted on 10/13/2021 7:19:55 AM PDT by Republican Wildcat
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To: ridesthemiles
-- Shortages & empty shelves have been visible for at least 3 months. --

Since March 2020.

14 posted on 10/13/2021 7:20:20 AM PDT by Cboldt
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To: ChicagoConservative27

Yellen you Trany freakin Itch. You should be hung with the rest of the lot . You couldn’t balance a check book ,let alone the economy .


15 posted on 10/13/2021 7:24:35 AM PDT by spincaster (i)
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To: ChicagoConservative27

Isolated. Beans and vaccines will be in good supply. The rest will be pretty much isolated.


16 posted on 10/13/2021 7:24:53 AM PDT by SaxxonWoods (Let's Go Brandon!!!)
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To: ClearCase_guy
Inflation will be transitory.
Shortages will be isolated.


The chocolate ration is increased to 20 grams a week!
17 posted on 10/13/2021 7:26:21 AM PDT by Deo volente ("When we see the image of a baby in the womb, we glimpse the majesty of God's creation." Pres. Trump)
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To: ChicagoConservative27

...and the lockdowns will only need to be for 2 weeks...”to flatten the curve”


18 posted on 10/13/2021 7:27:25 AM PDT by mo ("If you understand, no explanation is needed; if you don't understand, no explanation is possible)
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To: ChicagoConservative27

19 posted on 10/13/2021 7:28:15 AM PDT by Magnum44 (...against all enemies, foreign and domestic...)
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To: ChicagoConservative27
"Isolated shortages"

"15 days..."

"The check is in the mail."

20 posted on 10/13/2021 7:28:44 AM PDT by Sicon ("All animals are equal, but some animals are more equal than others." - G. Orwell)
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