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Treasury Secretary Yellen Says She Was Wrong About Inflation
Posted on 6/1/22 at 8:59 am
Posted on 6/1/22 at 8:59 am
WSJ
She needs to step down immediately after admitting her incompetence.
quote:
“I think I was wrong then about the path that inflation would take,” Ms. Yellen said in a CNN interview Tuesday evening. “There have been unanticipated and large shocks to the economy that have boosted energy and food prices and supply bottlenecks that have affected our economy badly that I didn’t, at the time, fully understand.”
She needs to step down immediately after admitting her incompetence.
32
Posted on 6/1/22 at 9:00 am to lowhound
To be fair, nobody could possibly have seen this coming.
Posted on 6/1/22 at 9:01 am to lowhound
At least she's consistent; she's been wrong about everything
Posted on 6/1/22 at 9:01 am to lowhound
Posted on 6/1/22 at 9:02 am to lowhound
Wrong is not a synonym for lying. There's no way she didn't know what she was doing?
Posted on 6/1/22 at 9:02 am to lowhound
Seriously, has anyone in Biden's admin done anything right worth noting?
Posted on 6/1/22 at 9:03 am to lowhound
Everyone saw this coming. She thought herself too smart to allow common sense to guide her.
Posted on 6/1/22 at 9:04 am to squid_hunt
My guess is that she will claim she listened to Paul Krugman’s advice.
Krugman’s been dead wrong so often he should actually have said something correct by accident in the past 20+ years.
Krugman’s been dead wrong so often he should actually have said something correct by accident in the past 20+ years.
Posted on 6/1/22 at 9:04 am to lowhound
quote:
Treasury Secretary Yellen Says She Was Wrong About Inflation
Posted on 6/1/22 at 9:06 am to SouthEasternKaiju
quote:
To be fair, nobody could possibly have seen this coming.
Except for everyone on the right in 2020 who called out the policies leading to this in real time, but were laughed at for being “conspiracy theorists” and “fearmongers”.
Posted on 6/1/22 at 9:06 am to lowhound
quote:
“I think I was wrong then about the path that inflation would take,”
When everyone else was mocking “transitory!!1!”? And everyone else has nailed it thus far?
Is there a single Biden nominee that has been right about anything?
Posted on 6/1/22 at 9:07 am to lowhound
Omg- how did they let her say that?? I mean, we all knew inflation was going to be an issue when Trump started giving us printed money during 2020 …the chicken always comes back to roost
Posted on 6/1/22 at 9:08 am to lowhound
The ole Transitory slip slide. Can you qualify it? Nope. Can you quantify it? Nope. Was it a made up Power-Point slideshow term by Bernanke in Obama's admin? Yep.
Something D-O-O economics. Bueller! Bueller! Voo-Doo Economics.
Something D-O-O economics. Bueller! Bueller! Voo-Doo Economics.
Posted on 6/1/22 at 9:09 am to SouthEasternKaiju
quote:I made major changes to my money strategy prior to the two Georgia Senate seats flipping. I had plan A where we held the Senate and Plan B where things went the way they did in Georgia. She was dishonest then and is being a total liar now. We are doomed!
To be fair, nobody could possibly have seen this coming.
Posted on 6/1/22 at 9:09 am to lowhound
So she isnt capable of the job?
Posted on 6/1/22 at 9:09 am to teke184
quote:
My guess is that she will claim she listened to Paul Krugman’s advice.
Call me crazy, but Krugman is a paid entertainer with an obvious bias. No one appointed him to run the Federal Reserve, so no, I don't think we're going to accept that excuse.
Posted on 6/1/22 at 9:11 am to lowhound
This admin is at best inept, at worst intentional.
While I didn't go to Brown and Yale like ole Janet, I got an MBA from Nicholls and I saw this coming 2 years ago
While I didn't go to Brown and Yale like ole Janet, I got an MBA from Nicholls and I saw this coming 2 years ago
Posted on 6/1/22 at 9:13 am to lowhound
It’s called price gouging when everyday citizens Jack the price up during a time of serious demand but not when oil companies and others do it!
Posted on 6/1/22 at 9:14 am to lowhound
Commie bitch doesn't know shite from Shine-Ola.
Posted on 6/1/22 at 9:15 am to BamaScoop
quote:
It’s called price gouging when everyday citizens Jack the price up during a time of serious demand but not when oil companies and others do it!
Gas companies are stilting the climb to slow it and it's based on demand, you ideological turd. Government and war are creating a bottleneck. Biden deliberately killed U S. production and bragged about it. Own your incompetent child sniffer.
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