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re: Janet Yellen concedes she misread threat of inflation
Posted on 6/1/22 at 10:17 am to lowspark12
Posted on 6/1/22 at 10:17 am to lowspark12
quote:I posted about it here in May 2020 when Trump was giving away free money:
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.
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 on 6/1/22 at 11:23 am to Ronaldo Burgundiaz
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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