When Secretary Yellen claims today that she "Got it wrong" about inflation, what she is doing is continuing the game of pretending; she's positioning the administration as incompetent, not deliberate.
This is also the organized pretending game within DC that too few people will accept or admit.
The Treasury Secretary and Federal Reserve Chairman are not making mistakes, they are working on a specific agenda and economic plan.
Federal Reserve Chairman Jerome Powell was not late to raise interest rates, he waited on purpose.
He waited for the political reason of waiting until the triggered 2021 inflation spike cycled through the full calendar year.
These are not monetary policy leaders making monetary policy mistakes.
These are monetary policy political ideologues, carrying out a political agenda within the U.S. economy.
It's becoming increasingly difficult to discern fact from fiction, and unfortunately the media has a strong bias. They spin stories to make conservatives look bad and will go to great lengths to avoid reporting on the good that comes from conservative policies. There are a few shining lights in the media landscape-brave conservative outlets that report the truth and offer a different perspective. We must support conservative outlets like this one and ensure that our voices are heard.
Thursday, June 2, 2022
More Pretending, Treasury Secretary Janet Yellen Pretends She Got It Wrong on Inflation, She Did Not
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