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re: Janet Yellen concedes she misread threat of inflation

Posted on 6/1/22 at 10:17 am to
Posted by Ronaldo Burgundiaz
NWA
Member since Jan 2012
6634 posts
Posted on 6/1/22 at 10:17 am to
quote:

It’s pretty easy to sit here on 6/1/22 after months of record inflation and say we all saw it coming… the reality is most of us knew it was a potential concern, but had no idea it would be like this. Granted, it’s not our job it know like Yellen.
I posted about it here in May 2020 when Trump was giving away free money:

LINK

Another perennial idiot, JohnnyKilroy, replied to my post with Keynesian nonsense and I explained that TARP money was never technically put into circulation and the difference was that Trump, and subsequently Biden, were inserting trillions directly into the money supply this time.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
266070 posts
Posted on 6/1/22 at 11:23 am to
quote:


Another perennial idiot, JohnnyKilroy, replied to my post with Keynesian nonsense


He's a propagandist dream. He's on the company line 100% of the time.
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