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Janet Yellen blames Americans' 'splurging' for record-high inflation.
Fox News ^
| 12/1/2022
| Kristine Parks & Nikolas Lanum
Posted on 12/01/2022 9:16:49 AM PST by Carriage Hill
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To: Army Air Corps
“Yellen is an idiot.”
She’s a propagandist
21
posted on
12/01/2022 9:22:45 AM PST
by
stanne
To: circlecity
✔
22
posted on
12/01/2022 9:23:01 AM PST
by
Carriage Hill
(A society grows great when old men plant trees, in whose shade they know they will never sit.)
To: Carriage Hill
If we ‘splurge’ any more we’ll starve to death...............
23
posted on
12/01/2022 9:23:02 AM PST
by
Red Badger
(Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
To: freedomjusticeruleoflaw
We need a French-style revolution BurnLootMurder and Antifa can help you out with that.
24
posted on
12/01/2022 9:23:06 AM PST
by
NorthMountain
(... the right of the peopIe to keep and bear arms shall not be infringed)
To: freedomjusticeruleoflaw
25
posted on
12/01/2022 9:23:45 AM PST
by
DarthVader
(Not by speeches & majority decisions will the great issues of the day be decided but by Blood & Iron)
To: Carriage Hill
Yellen has her horse and cart backwards and is spewing garbage to cover her clique.
26
posted on
12/01/2022 9:24:34 AM PST
by
SaxxonWoods
(The only way to secure your own future is to create it yourself.)
To: freedomjusticeruleoflaw
They create a new feudalism and it’s a guarantee.
27
posted on
12/01/2022 9:24:51 AM PST
by
mrmeyer
(You can't conquer a free man; the most you can do is kill him. Robert Heinlein)
To: Carriage Hill
Really? Blaming the victim?
28
posted on
12/01/2022 9:25:08 AM PST
by
HIDEK6
(God bless Donald Trump. )
To: Red Badger
29
posted on
12/01/2022 9:25:35 AM PST
by
Carriage Hill
(A society grows great when old men plant trees, in whose shade they know they will never sit.)
To: Carriage Hill
To avoid inflation, you’re not supposed to buy stuff. We can only keep prices down by quietly starving in the cold and dark. These people are brilliant!
30
posted on
12/01/2022 9:26:07 AM PST
by
Spok
(“You will own nothing and be happy.” )
To: Carriage Hill
We are actually buying less then we were a year ago.
So is everyone we know.
Anything we are buying are things that are needed.
Food and fuel being primary but also shoes for the kids, they will grow you know, and replacements for things that have worn out, like the hot water heater.
Does this offspring of a female dog think that this is 'splurging'?
31
posted on
12/01/2022 9:26:11 AM PST
by
Harmless Teddy Bear
(The nation of france was named after a hedgehog... The hedgehog's name was Kevin... Don't ask)
To: Carriage Hill
Since inflation is a monetary phenomenon, the only splurging is by the Treasury and Federal Reserve on green ink and paper (or their electronic equivalent).
32
posted on
12/01/2022 9:28:38 AM PST
by
KarlInOhio
(Soon the January 6 protesters will be held (without trial or bail) longer than Jefferson Davis was.)
To: Harmless Teddy Bear
I suppose filling up my fuel tank for winter is “ splurging” too. That cost me $1700. Last year it was $1000.
33
posted on
12/01/2022 9:30:31 AM PST
by
mware
To: blackdog
She (it or whatever) would never pass a Binet test.
Don’t think any of the present cabinet has signed the front of a pay check.
To: sasquatch
Yes. I read somewhere the cabinet has a combined total of eight months of private sector work experience.
35
posted on
12/01/2022 9:34:30 AM PST
by
blackdog
(The head, hands, and heart, serve even further than the purse. )
To: Carriage Hill
I splurged at the grocery store this morning.
$91 of splurging.
I typically do grocery shopping about ever 10-12 days. My trips used to be in the $50 to $60 range.
I may have to switch from my splurges of cat food and try dog food — it may be cheaper. And I don’t even have a pet.
36
posted on
12/01/2022 9:35:11 AM PST
by
TomGuy
To: sasquatch
Dunning-Kruger bunch on steroids and a blank checkbook.
37
posted on
12/01/2022 9:35:32 AM PST
by
blackdog
(The head, hands, and heart, serve even further than the purse. )
To: Carriage Hill
God, she is a complete idiot. Inflation is caused by too much money in the economy, or as economist Milton Friedman argued:
| Inflation is always and everywhere a monetary phenomenon | |
Economist David Henderson explains what Friedman meant:
Monetary economist Milton Friedman made this line famous after stating it in a talk he gave in India in 1963. In a trivial sense, of course, the statement is true. Inflation, by definition, means that money loses its purchasing power and, therefore, is a monetary phenomenon. But Friedman meant much more. After having defined inflation, in that same talk, as a “steady and sustained rise in prices,” Friedman argued that one could not find inflation anywhere in the world that was not caused by a prior increase in the supply of money or in the growth rate of the supply of money.
It is NEVER and never will be caused by consumers spending "too much."
38
posted on
12/01/2022 9:36:27 AM PST
by
ProtectOurFreedom
(If you're not part of the solution, you're just scumming up the bottom of the beaker!)
To: sasquatch
Hey, at least she just admitted why they should never pass a student loan debt relief plan. Splurgeous Maximus.
39
posted on
12/01/2022 9:37:50 AM PST
by
blackdog
(The head, hands, and heart, serve even further than the purse. )
To: Carriage Hill
This is right out of the medieval consumption laws that curbed the peasants from buying stuff, especially luxuries, that were only reserved for the nobs.
40
posted on
12/01/2022 9:39:36 AM PST
by
NEWwoman
(God Bless America)
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