Posted on 04/22/2022 10:16:34 AM PDT by ChicagoConservative27
In an interview with CNBC’s “TechCheck,” Treasury Secretary Janet Yellen predicted that the United States would have to “put up with inflation for a while longer.”
Yellen said the U.S. economy “has been remarkably resilient” given the pandemic, supply chain issues, war in Ukraine and “commodity price increases.” Despite touting the economic recovery, she advised that the ongoing Russian attack on Ukraine would “prolong inflationary pressures.”
(Excerpt) Read more at breitbart.com ...
At least until a GOP House and Senate majority can block Biden’s Marxist policies.
Liar
I don’t believe a word that comes out this hags mouth. EVER.
Transitory, as in not infinite…
ya the Democrats are still in power
It’s hard to call grandma a moron, but the shoe and hairstyle fits.
It’s cute how the privileged overlord says “we”.
“the ongoing Russian attack on Ukraine would “prolong inflationary pressures.”
So we are being forced to suck it up on inflation indefinitely so they can continue to dump billions into Ukraine? I wonder how many Americans agree with this policy? My guess would be not many.
The dirty little secret that they aren’t telling us is that they will never be able to quell inflation very much because they are unable to raise the Fed fund rate to the point necessary (like Paul Volker did back in the day) because the interest on the debt would become unmanageable. So yes inflation is going to continue at a high rate. Buy gold (or silver).
Stimulus + Interest + Joe’s 10% : Out of your retirement/savings/property and spent where the Government wants.
Even when they make it up, they may decide to ride the horse a little further.
Kudlow is inflationary!
“Two weeks to flatten the curve.”
FJB
5.56mm
Is “a while longer” greater than or less than “transitory” ?
What happened to “transitory”? Have we reached the “re-imagined” Democrat destination yet or is there still other people’s money to steal?
FUJY. We in the middle class are getting squeezed but you elites could not care less.
We?
You fat arshed TWOT. You are totally insulated from your screwed up policies.
They must have changed the meaning of transitory like they changed vaccine.
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