Posted on 03/10/2022 4:08:52 PM PST by ChicagoConservative27
On Thursday’s broadcast of CNBC’s “Closing Bell,” Treasury Secretary Janet Yellen said that “We’re likely to see another year in which 12-month inflation numbers remain very uncomfortably high.” But cautioned there is a large amount of uncertainty due to the conflict in Ukraine and expressed confidence in the Federal Reserve “to make a meaningful difference going forward.”
Co-host Sara Eisen asked, “Already had been happening and is happening in the U.S., when it comes to rising prices from everything from wages to rents to food prices, I think your expectation previously is that inflation would come down in the second half of this year to normal levels. Have you revised those expectations, where do you think we’ll be at the end of the year?”
(Excerpt) Read more at breitbart.com ...
Diesel fuel is over $4.60 a gallon here.
These people are malevolent.
L
2011, Obama was President, Biden was Vice President. Oil went from $60 to over $100 a barrel. Wheat prices were at a decade high. Coincidence?
Sparked the Arab Spring.
Marie Yellen:
“Let them eat Teslas!”
Thank you, Janet. Your policies are working out splendidly.
In 12 months we may be like Ethiopia.
Not one of these a-holes think that opening up drilling, pipelines, production of natural resources, and stopping printing money will help anything?
There we go, the globalist ALWAYS blame war or some catastrophe for the inflation. Funny how whenever the fiat money starts crashing a war always seems to break out, what a coincidence.
This old cow looks like Tweety Bird.
Only Tweety Bird was smarter.
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