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→Proponent of inflation
The transcript notes parenthetically that this last aside prompted laughter in the Fed boardroom. Get it? Economists don’t fall for that inflation ruse — only ignorant workers.<ref>https://www.nysun.com/national/the-moment-janet-yellen-moved-for-greasing/91543/</ref>}}
The transcript notes parenthetically that this last aside prompted laughter in the Fed boardroom. Get it? Economists don’t fall for that inflation ruse — only ignorant workers.<ref>https://www.nysun.com/national/the-moment-janet-yellen-moved-for-greasing/91543/</ref>}}
In the spring of 2021, Yellen testified under oath to Congress that, despite socialist leader Biden and the Democrat controlled Congress massive sending programs, inflation by year's end would be 2%. By December 31, 2021, inflation was slightly under 10%.
In early 2021, Yellen testified under oath to Congress that, despite socialist leader Biden and the Democrat controlled Congress massive sending programs, inflation by year's end would be 2%. By December 31, 2021, inflation was slightly under 10%.
==References==
==References==