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See If You Can Follow Yellen’s Bouncing
Inflation Ball

Original Article

Posted By: RockyTCB, 4/27/2022 7:03:33 AM

Treasury Secretary Janet Yellen said over the weekend that we’re going to have to “put up with inflation for a while longer,” which means that she has now held just about every possible — and almost always wrong — position on an issue about which she is supposedly an expert. Is it any wonder nobody trusts elites anymore? Yellen was on CNBC over the weekend and, when asked whether inflation had peaked, said: “Well, it may have peaked, but … I think the shocks emanating from this unjustified attack on Ukraine will prolong inflationary pressures. So, the outlook is uncertain.

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Reply 1 - Posted by: Lazyman 4/27/2022 7:30:21 AM (No. 1139431)
It may be falling apart and causing much suffering but look at the bright side. A female is in charge and an inspiration to all women that they too can put us all in poverty.
17 people like this.

Reply 2 - Posted by: F15 Gork 4/27/2022 7:33:45 AM (No. 1139435)
Qualifications? We don’t need no stinkin qualifications.....were democrats.
10 people like this.

Reply 3 - Posted by: jalo1951 4/27/2022 7:40:57 AM (No. 1139440)
If only she had been a black, trans lesbian, illegal alien, BLM/CRT loving nut job with a PHD in abnormal gender studies. Then it would have been a perfect choice and we would not be in this mess. Instead we have an old white lady who doesn't know squat. Either way we are screwed.
15 people like this.

Reply 4 - Posted by: FunOne 4/27/2022 8:05:13 AM (No. 1139462)
I'm an old guy, and sometimes I get a bit confused about dates at which things happened. But, I'm much more attached to reality than the crook in the White House--for sure. Help me here. I was thinking that Russia invaded Ukraine a few months ago, and Biden and his handlers moved into the White house over a year ago. Yet all of the Biden folks keep saying that the Russian invasion is the reason for all of the problems we are having, So, did the Russian invasion take place in January of 2021? Or was that the democrat invasion?
11 people like this.

Reply 5 - Posted by: Clinger 4/27/2022 8:12:31 AM (No. 1139468)
Nothing taking place has a measurable significant contribution to inflation in comparison to that which was engineered by a 40% increase in the money supply coupled with a simultaneous government mandated decrease in production. The only reason this wasn't a direct 40+% confiscation of wealth from anyone who wasn't getting the new crisp money, is the normal lag in market reaction and the normal market response in rising wages despite not keeping up. The net loss will end up somewhere between 40%(actually higher) and zero. This is no different than government agents entering your home, ransacking it and confiscating the same equivalent wealth value.
5 people like this.

Reply 6 - Posted by: jeffkinnh 4/27/2022 8:29:04 AM (No. 1139483)
"unjustified attack on Ukraine will prolong inflationary pressures" As noted, this is a political statement in alignment with the effort to absolve Brandon's policies from causing inflation. "Experts" have become a class of "people who know people" instead of very capable people. Dems are classic at listing the JOBS that people have held instead of ACCOMPLISHMENTS. This was blatant with Hillary where she was a Senator and Secretary of State, etc. but no one could list anything she had done, except illegal things to enrich herself. Brandon himself is another example. He has lead a career of incompetence and now senility and yet he is President. Brandon isn't even QUALIFIED to be dog catcher. Yellen is cast in the same mold. Lots of jobs. Not so smart, except at promoting herself. Note that one of the FIRST things dems do with their presidential candidates is to promote how BRILLIANT they are, even though they are not. Their only skills are their political connections, NOT how to GET THINGS DONE politically. That's why Washington has become such a mess. Decades ago, politicians knew how to assemble coalitions to accomplish things. That usually involved some "horse trading". More and more the only way that things get done is with overwhelming political might. This is aggravated by the extreme positions that Progressives advocate, making compromise impossible.
4 people like this.

Reply 7 - Posted by: philsner 4/27/2022 8:43:40 AM (No. 1139504)
The woman is a leftist hack.
6 people like this.

Reply 8 - Posted by: Strike3 4/27/2022 8:45:36 AM (No. 1139505)
None of the democrat "experts" will admit that handing trillions of dollars to a senile old crook is behind the entire economic situation, inflation, stock market and the workforce shortage. Paying for $300 a night hotel rooms for tens of thousands of illegal aliens does not help and that is now a lifetime commitment. The Ukrainian excuse does not fly. FJB
3 people like this.

Reply 9 - Posted by: stablemoney 4/27/2022 9:18:11 AM (No. 1139537)
Janet Yellen is a very despicable liar. She knows better, but she is a toady for the left. Yellen has joined the Krugman Robert Reich school of economics, and is as ugly as they are.
2 people like this.

Reply 10 - Posted by: DVC 4/27/2022 11:43:11 AM (No. 1139686)
Yellen is an idiot, and is willing to say, or do anything that she is told to do.
2 people like this.

Reply 11 - Posted by: MickTurn 4/27/2022 12:02:03 PM (No. 1139718)
Typical Leftist, there is SO MUCH she knows that is just plain WRONG!
1 person likes this.

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