• Ok, We Can All Relax About the Economy Now. It's All Good. - Ms. Yellen Told Us So - Kinda, Sorta Anyway.

    Treasury Secretary, Janet Yellen, predicts that inflation will cool down in 2023.

    In 60 Minutes interview that aired on Sunday, Yellen said:

    - “I believe by the end of next year you will see much lower inflation, if there’s not an unanticipated shock,”

    But she is hedging her bets as you can detect from her weasel worded statement including "unanticipated shock" there. https://cnn.it/3WcXfvW

    She also noted:

    - “There’s a risk of a recession, but it certainly isn’t, in my view, something that is necessary to bring inflation down.”

    Not necessary but...just a risk.

    Meanwhile, to celebrate this good news, the Fed is widely expected to hike rates again on Wednesday. The seventh in a row.

    Why? If its all good?

    - Uh, maybe cause it ain't.

    The Fed...screwing the American public since 1913.

    #janetyellen #inflation #recession #yellen #federalreserve
    Ok, We Can All Relax About the Economy Now. It's All Good. - Ms. Yellen Told Us So - Kinda, Sorta Anyway. Treasury Secretary, Janet Yellen, predicts that inflation will cool down in 2023. In 60 Minutes interview that aired on Sunday, Yellen said: - “I believe by the end of next year you will see much lower inflation, if there’s not an unanticipated shock,” But she is hedging her bets as you can detect from her weasel worded statement including "unanticipated shock" there. https://cnn.it/3WcXfvW She also noted: - “There’s a risk of a recession, but it certainly isn’t, in my view, something that is necessary to bring inflation down.” Not necessary but...just a risk. Meanwhile, to celebrate this good news, the Fed is widely expected to hike rates again on Wednesday. The seventh in a row. Why? If its all good? - Uh, maybe cause it ain't. The Fed...screwing the American public since 1913. #janetyellen #inflation #recession #yellen #federalreserve
    CNN.IT
    Treasury Secretary Yellen predicts major inflation cooldown in 2023 | CNN Business
    Treasury Secretary Janet Yellen is striking a cautiously optimistic tone about 2023, predicting a major inflation cooldown and stressing that a recession isn't required to get prices back under control.
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  • Treasury Secretary #JanetYellen said the Biden administration is looking at raising #taxes on wealthy #Americans and #corporations.
    https://www.theepochtimes.com/yellen-says-wealth-tax-not-off-the-table-as-biden-mulls-how-to-pay-for-programs_3733766.html
    Treasury Secretary #JanetYellen said the Biden administration is looking at raising #taxes on wealthy #Americans and #corporations. https://www.theepochtimes.com/yellen-says-wealth-tax-not-off-the-table-as-biden-mulls-how-to-pay-for-programs_3733766.html
    WWW.THEEPOCHTIMES.COM
    Yellen Says Wealth Tax Not Off the Table as Biden Mulls How to Pay for Programs
    Treasury Secretary Janet Yellen said the Biden administration is looking at raising taxes on wealthy Americans and corporations—and may mull a wealth tax—to pay for future programs
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