An ideal Deep State operative. Soros makes good picks for his government.
Posted on 03/15/2024 12:51:41 AM PDT by Libloather
As Americans have continued to sound off over sticker shock on retail and grocery shelves, the U.S. Treasury secretary admitted Wednesday that her public predictions were wrong.
"I regret saying it was transitory [inflation]. It has come down, but I think transitory means a few weeks or months to most people. And it's lasted longer than that," Janet Yellen told FOX Business’ Edward Lawrence in an exclusive interview.
In early June 2021, Yellen had tamped down inflationary concerns, claiming rising costs and the contributing factors were "transitory," a term used to describe temporary market conditions.
"We have in recent months seen some inflation, and we – at least on a year-over-year basis – will continue, I believe through the rest of the year, to see higher inflation rates, maybe around 3 percent," Yellen said that June. "But I personally believe that this represents transitory factors."
Just one year after her comments, inflation surged to 9.1%, which had not been seen in four decades. Fast-forward to this week, when Labor Department data indicated inflation unexpectedly ticked higher in February thanks to a jump in the cost of gasoline and rent, climbing to 3.2% year-over-year.
(Excerpt) Read more at msn.com ...
Well no sh*t. Gosh, who could have seen this coming, besides everybody who freaking buys GROCERIES????
Yellen regrets being stupid and saying stupid things! Call her mother! She can let her back into the house now.
Can’t be just the money. Having your fingers on the levers of state power, people hanging on your every word, and the perqs of the position must be hard to give up. ‘No one else can do this,’ I imagine them thinking. ‘They need me!’
Just another academic moron. They ooze out of universities like pus.
An ideal Deep State operative. Soros makes good picks for his government.
One thing is consistent with these clowns...they certainly have plenty of lies they have to “walk back”.
Yellen was lying then and is lying now. All part of the game.
Power is the most powerful drug
Thanks for correcting me. I completely lost the bubble on Yellen being the Treasurer. And how many Americans would make the same mistake? A lot I figure, which makes her appointment as Treasurer an ideal way to manipulate the truth about what’s really happening to the economy.
Surprised she came on Fox Business. Must be desperate to reach a wider audience.
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