Posted on 10/27/2022 7:45:38 PM PDT by RandFan
This broad (who I do not like)while at Fort Hamilton High school was head of the school newspaper. Tradition was the school’s valedictorian would be interviewed by the editor/head of the school’s newspaper. She interviewed herself....How many Pollack’s does it take to do a full interview? She checks all the boxes...Yale/Harvard/Berkley....the woman is trash.
Where is she looking?
I just threw it out there as sarcasm.
My bad?
Wonder what makes her qualified to be Secretary of the Treasury.
My bad. My sense of humor runs out this time at night. I should have picked that up.
Of course she doesn’t see signs of a recession. Neither does anyone else in her bubble. The economy has no effect on them. Yellen can still demand hundreds of thousands of dollars for a speech at some bank or think-tank. I’m sure she has inside information to prevent her stock portfolio from being affected by the market ups and downs. And the upcoming lay-offs will not have any bearing on her income.
What recession?
It’s all good.
It’s my fault for not placing a /s or other sarcasm indicator.
“More like DEPRESSION!”
Not yet.
In order for an deflationary economy to exist, the inflationary cycle that has been the norm post WW2 would have to ‘run out of steam.’
I don’t see that happening because the economies that produce most of the global wealth don’t have a reason to deflate at this time period.
In order to cause massive deflation many things would have to occur globally, such as:
1) The Central Banks of North & South America, Asia, & Europe all raise interest rates extremely in conjunction.
2) All the governments in the mentioned economic zones, cut budgets & spending.
3) The global money supply is cut substantially year after year until valuations drop.
The only deflationary policies being pursued at this time, are interest rate hikes which aren’t going to cause a depression, but will make capitalists extremely picky about incurring losses on business models that can’t produce a ROI.
That’s for little people like us. Those in government like Yellen have tax paid cars, gas, with armed drivers. These people don’t shop at the local food bag. We’re much too threatening for them to risk that so it’s all delivered.
I see dead people
She should be fired immediately. Too stupid to continue
In October 2021, just 12.5 months ago:
Treasury Secretary Janet Yellen stuck with her assessment that elevated U.S. inflation will prove “transitory,” while acknowledging it will take longer for the pace of price gains to return to normal. “I believe it’s transitory, but I don’t mean to suggest these pressures will disappear in the next month or two,” Yellen said in an interview on CBS Evening News with Norah O’Donnell that aired Tuesday evening.
To her: LIAR!!!!
Visit eye doctor pronto.
I don’t think Yellen sees much of anything.
Depression is impossible when FED is itching to print money and welfare benefits are 50 times bigger than last depression.
No.GDP increased because USA exported record amounts of energy products. That counts as production. Even oil sold abroad from strategic oil reserve adds to GDP.
And...imports to USA are subtracted from GDP.
We imported lower than usual during last quarter.
That boosted GDP.
I REALITY GDP WAS NEGATIVE!
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.