Wednesday, October 06, 2021

Inflation NOT "Transitory" Says Yellen

Now we know how Yellen got into Biden*'s cabinet:  she's a Fauci-grade liar.

Treasury Secretary Janet Yellen on Tuesday advised that inflation could hit the United States for a while before eventually letting up.

Yellen told CNBC’s “Squawk Box” that inflationary pressures are “transitory” at this time but cautioned “that doesn’t mean they’ll go away over the next several months.” She added that she trusts the fed “to make the right decisions.”

“Well, I still try to pay attention to what’s happening in the economy,” Yellen stated. “I trust the Fed to make the right decisions.”...

So she 1)  set up the Fed for a fall and 2)  admitted that "transitory" might be 'a year or more.' 

Two weeks Several months to bend the curve!!!

They only have one songbook in The Land of Experts.

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