Janet Yellen Says the Real Reason Inflation
is Out of Control is Because Americans
Are ‘Splurging’ on Goods (VIDEO)
Gateway Pundit,
by
Cristina Laila
Original Article
Posted By: hershey,
12/2/2022 10:57:45 AM
Treasury Secretary Janet Yellen on Wednesday evening blamed Americans for record-high inflation.
It isn’t Joe Biden’s fault for spending trillions of dollars in the last year-and-a-half.
It isn’t the Democrats’ fault for passing trillions in spending through the reconciliation (no GOP votes needed).
The real reason for inflation is because Americans ‘splurging’ on goods.
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Its YOUR fault, and oh yeah, muh Russia, Putin's fault, too.
11 people like this.
Reply 2 - Posted by:
DVC 12/2/2022 11:08:44 AM (No. 1347355)
Inflation is a ALWAYS a 100% government caused problem. It is caused by the government creating large amounts of money from thin air.
An example would be creating $4 TRILLION in spending which is NOT based on taxation, but on borrowing, which is essentially creating money from thin air.
The Dems created $4 TRILLION, and THAT, and ONLY that, is the cause of inflation.
31 people like this.
Reply 3 - Posted by:
zephyrgirl 12/2/2022 11:19:17 AM (No. 1347364)
I suspect that there's a big Christmas blowout going on, and the hangover in January will be very unpleasant.
8 people like this.
Reply 4 - Posted by:
Krause 12/2/2022 11:25:29 AM (No. 1347367)
Like Joe, she's the dummy for an unkown ventriloquist.
21 people like this.
Reply 5 - Posted by:
bigfatslob 12/2/2022 11:25:57 AM (No. 1347368)
I saw this money printing clown say people are splurging on office furniture to work from home during the pandemic and buying expensive gas grills to cook outdoors on. Biden says we are the idiots causing inflation not his whacko government. We have stooges running this nation all of them are ignorant frauds destroying our country on purpose.
22 people like this.
Reply 6 - Posted by:
Bur Oak 12/2/2022 11:37:02 AM (No. 1347376)
Janet, how was your dinner at the White House last night?
16 people like this.
Reply 7 - Posted by:
volksford 12/2/2022 11:37:33 AM (No. 1347377)
Too much consumin' goin' on out there !
13 people like this.
Reply 8 - Posted by:
Sanchin 12/2/2022 11:43:00 AM (No. 1347383)
It is a mistake to think people like Yellen are Fools or Frauds. No, they are Facists in the true meaning of the word and are working to usher in a One World Government. Statements like this set the stage for policies and actions to come.
18 people like this.
Reply 9 - Posted by:
thekidsmom66 12/2/2022 11:44:59 AM (No. 1347386)
Is "goods" code for groceries, gas, and meds???
22 people like this.
Reply 10 - Posted by:
sunshinehorses 12/2/2022 11:57:47 AM (No. 1347404)
Sure they are stocking up on things that are short at the grocery store, clothing store, shoes, etc. You know the staples to survive with a growing family if defication hits the ocillating rotor.
12 people like this.
Reply 11 - Posted by:
Dodge Boy 12/2/2022 11:58:32 AM (No. 1347406)
No, Yellen. It's because many Americans are living off of their credit cards. And these chickens will soon come home to roost.
8 people like this.
Twit Yellen runs her fool mouth with gravity-defying economics.
5 people like this.
Reply 13 - Posted by:
billsv 12/2/2022 12:03:03 PM (No. 1347412)
No it is a supply issue, the biggest of which is oil. Release all restrictions on oil production to solve inflation
7 people like this.
Reply 14 - Posted by:
Enoch Powell 12/2/2022 12:06:36 PM (No. 1347418)
I refuse to believe that even the dolt Yellen believes what she said. Why not lie when no one will contradict you?
9 people like this.
Reply 15 - Posted by:
jalo1951 12/2/2022 12:22:16 PM (No. 1347440)
She is just Fauci in heels and makeup. A fraud and a liar. They both look like misplaced garden gnomes.
11 people like this.
Reply 16 - Posted by:
MickTurn 12/2/2022 12:25:38 PM (No. 1347446)
I think we need a law that confiscates all Marsists Money to give back to the taxpayers (NOT Marxists) to pay them back for all the theft! All in Favor?
2 people like this.
Reply 17 - Posted by:
RayLRiv 12/2/2022 12:47:30 PM (No. 1347475)
It's so easy to work for the government as a DemoRAT. All you have to do is fail upward.
5 people like this.
Reply 18 - Posted by:
paral04 12/2/2022 1:06:28 PM (No. 1347494)
Yeah, splurging on food and frivolous things like medicine and gasoline to get to work.
3 people like this.
Reply 19 - Posted by:
kono 12/2/2022 1:09:26 PM (No. 1347495)
American consumers try to save as they spend. It just looks like splurging at this time due to the skyrocketing inflation rate.
2 people like this.
Reply 20 - Posted by:
dwa 12/2/2022 1:15:43 PM (No. 1347504)
Yellen is a democrat first, and economist (if you can even call her that) next. She lacks any ethics and will say and do anything she thinks protects democrat policies.
1 person likes this.
Reply 21 - Posted by:
EJKrausJr 12/2/2022 1:47:41 PM (No. 1347518)
Don't ask Janet about inflation she has no clue about it. Never has, never will. As a former head of the Fed, she authorized Biden's trillions of spending. She's behind it all. Janet is dumb as a rock Fed. No Joke.
2 people like this.
Reply 22 - Posted by:
DougTN 12/2/2022 1:55:34 PM (No. 1347525)
Splurging on stuff like food, medicine, gasoline and utilities. Our country is in the best of hands…
1 person likes this.
Reply 23 - Posted by:
lakerman1 12/2/2022 2:01:02 PM (No. 1347528)
Why isshe on Colbert?
(although I would pay to see her questioned by Gutfeld.)
2 people like this.
Reply 24 - Posted by:
mifla 12/2/2022 2:20:13 PM (No. 1347537)
Democrats always blame their failures on others.
0 people like this.
Reply 25 - Posted by:
joew9 12/2/2022 2:32:18 PM (No. 1347541)
Splurg= EV car instead of conventional gasoline.
1 person likes this.
Reply 26 - Posted by:
downnout 12/2/2022 2:41:53 PM (No. 1347543)
Janet, you ignorant twit, my “splurging” is going to the grocery store and seeing the prices of food going up every flipping week! Get out of your luxurious office and talk to someone other than the leftist cabal in DC.
3 people like this.
Reply 27 - Posted by:
mc squared 12/2/2022 3:20:44 PM (No. 1347561)
Is SHE that stupid or does she think WE are that stupid?
3 people like this.
Reply 28 - Posted by:
LC Chihuahua 12/2/2022 3:29:55 PM (No. 1347564)
Point and laugh, folks. 'Splurge' on some rotten fruit to throw at them too.
0 people like this.
Reply 29 - Posted by:
RWPollock 12/2/2022 4:04:16 PM (No. 1347580)
This quack needs to go. Inflation started with high gas prices, high transportation costs, the false Inflation Reduction Act, China manufacturing dependence- manufacturing shut downs due to Chinese government citizen COVID lockdown policies and supply chain issues. The goods sitting idle in the harbors off our coast line does this have anything to do with inflation? Yes it does. We are buying goods because we need them. Yellen , things wear out and need to be replaced. My friends say they are buying less because good are so expensive. Not sure where you are coming from
2 people like this.
Reply 30 - Posted by:
franq 12/2/2022 5:41:05 PM (No. 1347614)
Seriously? Do I just look dumb?
1 person likes this.
Reply 31 - Posted by:
Norway 12/2/2022 7:00:24 PM (No. 1347669)
Gaslighting the peasants (again).
2 people like this.
Reply 32 - Posted by:
Faithfully 12/2/2022 7:27:44 PM (No. 1347676)
Zionist destroying Christian western civilization. Over and over again. History repeats.
0 people like this.
Reply 33 - Posted by:
rochow 12/2/2022 9:23:49 PM (No. 1347742)
Apparently, moron Bidet's dementia is catching!!!
0 people like this.
Reply 34 - Posted by:
JimBob 12/2/2022 9:47:24 PM (No. 1347760)
Fool and a Liar!
The REAL reason inflation is running so high is that The HairSniffer has done his best to SHUT OFF THE FUEL SUPPLY to the USA! When Gasoline and Diesel get waay more expensive, the people making anything and transporting anything -that is everyone except the Keyboard Warriors- have increased expenses, and -to make a living- they have to pass those increased fuel costs along to their customers.
I remember the 1970's! Same thing!
Prices will rise until the cost of Everything comes back into proportion to the cost of Fuel- be it Gasoline, Diesel, Natural Gas or Coal.
In the end, the Democ'RATS scheme of Destroying the Value of the Currency gets a bit nearer to it's goal.
0 people like this.
Reply 35 - Posted by:
LadyVet 12/3/2022 12:45:50 PM (No. 1348180)
This yard gnome is one of the stupidist people in government. It's like she has mushrooms sprouting in the yard, all around her. And gnats flying around her brain-dead head.
0 people like this.
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