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Yellen: ‘I Was Wrong’ about Inflation, ‘Didn’t Fully Understand’ Supply Bottlenecks
Breitbart ^ | 05/31/2022 | Ian hatchett

Posted on 05/31/2022 5:01:44 PM PDT by ChicagoConservative27

click here to read article


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To: ChicagoConservative27

More material for the GOP to use in campaign ads, that they won’t.


41 posted on 05/31/2022 5:46:49 PM PDT by dfwgator (Endut! Hoch Hech!)
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To: ChicagoConservative27
she also “didn’t fully understand” supply bottlenecks that have hurt the economy

Oh good grief. Coase won the Nobel Prize for explaining rent seeking and the hold-up problem. But the good professor never heard of it.

42 posted on 05/31/2022 5:48:17 PM PDT by AndyJackson
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To: frogjerk
The more we get away from Dr. Friedman and his brilliance the more we will suffer.

"Ladies and Gentlemen, take my advice. Pull down your pants, and slide on the ice."....Oh wait, wrong Dr. Friedman.

43 posted on 05/31/2022 5:48:32 PM PDT by dfwgator (Endut! Hoch Hech!)
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To: frogjerk

We have much more sophisticated models than in Friedman’s day. They parallel climate change models and the Covid flatten the curve models. They are very sophisticated. You wouldn’t understand them. You have to be an expert.


44 posted on 05/31/2022 5:50:00 PM PDT by AndyJackson
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To: ChicagoConservative27

It doesn’t make it all better you old bitty. Retire now, we the people don’t need geriatrics making decisions that affects all of our lives.


45 posted on 05/31/2022 5:54:09 PM PDT by DAC21
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To: TXBlair
Wasn’t really qualified…

Is there anyone in this cabinet that is qualified for their job? These people are as incompetent as their leader. What a clown show, top to bottom.

46 posted on 05/31/2022 5:58:29 PM PDT by CommerceComet ("You know why there's a Second Amendment? In case, the government forgets the first." Rush Limbaugh )
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To: ChicagoConservative27

Well that’s exactly what you want to hear from the Treasury Secretary. Good god


47 posted on 05/31/2022 6:00:45 PM PDT by stuck_in_new_orleans
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To: ChicagoConservative27

In college, econ was one of the required core subjects. As an math/engineering types we found it rather boring, but there was logic there. Each and every student in that room learned more on the subject than that ignorant pretend human Yellen. “Didn’t fully understand”, my Obamahole. Fire the bitch stat.


48 posted on 05/31/2022 6:02:25 PM PDT by Da Coyote
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To: CommerceComet
This cabinet was smarter...


49 posted on 05/31/2022 6:03:40 PM PDT by dfwgator (Endut! Hoch Hech!)
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To: ChicagoConservative27

She has to know only two things and not to say anything about them:

1. This supply line mess is a connection with the US and China,

2. It is being orchestrated by the International Longshore and Warehouse Union (ILWU) using the longshoremen to assist the union protecting liberals actions with China and to grow the amount of highly protected longshoremen which has attached to it a lifetime membership clause just like the AFL-CIO they separated from in 2013. That is where the local connection with supply line problems is actually being accomplished.

wy69


50 posted on 05/31/2022 6:03:56 PM PDT by whitney69
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To: ChicagoConservative27

Ritual Suicide time


51 posted on 05/31/2022 6:04:10 PM PDT by butlerweave
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To: ChicagoConservative27

Over-educated moron. Bet she fully understands what her speaking fees are.


52 posted on 05/31/2022 6:07:11 PM PDT by mikey_hates_everything
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To: ChicagoConservative27

Resign no way! It’s pays her too much. SHE IS ENTITLED to the job for being a loyal whore to the democrats


53 posted on 05/31/2022 6:25:57 PM PDT by ncfool (Joe Biden USSA.. United Socialist state of aMeriKa...... 11.3.2020 - President in waiting Kama-la-la)
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To: ChicagoConservative27

Does she even have a basic understanding of how an economy functions?


54 posted on 05/31/2022 6:26:48 PM PDT by JJBookman (Political alignment is more important than knowledge or ability on the job. )
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To: LongWayHome

>>She was not wrong...she lied!<<

Bingo!


55 posted on 05/31/2022 6:27:04 PM PDT by servantboy777
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To: ChicagoConservative27

What did she think those huge numbers of ships sitting off Long Beach port were doing ?????


56 posted on 05/31/2022 6:40:26 PM PDT by ridesthemiles
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To: bray

That is actually true. Communists are committed to a command economy, in which a central authority allocates resources, not the market. In fact it is accurate to say they don’t care much about laws of economics at all, for the same reason.


57 posted on 05/31/2022 6:44:44 PM PDT by hinckley buzzard ( Resist the narrative.)
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To: ChicagoConservative27

Was not this *itch on the fed board during obama??Obama???


58 posted on 05/31/2022 6:52:22 PM PDT by markman46 (engage brain before using keyboard!!!you)
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To: TigersEye

Being There is a great movie. Classic.


59 posted on 05/31/2022 6:55:50 PM PDT by moviefan8 (The proper function of man is to live, not to exist. - M in No Time To Die (2021))
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To: LongWayHome
She was not wrong...she lied!

But she is allowed to lie, she's a democrat.

60 posted on 05/31/2022 7:03:50 PM PDT by eeriegeno (Checks and balances??? What checks and balances?)
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