Tuesday, December 13, 2022

THE BANKSTERS' RENT GIRL JANET YELLEN - Yellen Predicts ‘Much Lower Inflation’ in 2023. She’s Usually Wrong.

 

YOU KNEW 'CREDIT CARD' JOE BIDEN WOULD SERVE THE BANKSTERS FROM TREASURY WITH YELLEN!


BIDENOMICS: WHAT THEY CONSPRISE TO CONCEAL FROM MIDDLE AMERICA

Chris Hedges | Forces that DESTROY Us

https://www.youtube.com/watch?v=OoqmwCo2bQA


GLOBAL BANKSTER CRIME TIDAL WAVE

 

Chinese Intermediaries Launder Cartels' Drug Proceeds in the United States  -   From the U.S. to China to the cartels

https://mexicanoccupation.blogspot.com/2020/12/chinese-launder-drug-cartel-money-sen.html

“The other banks on the top 10 list are JPMorgan Chase (whose CEO Jamie Dimon was once known as Obama's "favorite banker"), New York Mellon, Standard Chartered, Barclays, HSBC, Bank of China, Bank of America, Wells Fargo and Citibank.”

 

BANKSTERS: GLOBAL PARASITES

 

the criminal bank HSBC - CHINESE BANKSTERS TO THE WORLD'S BIGGEST CRIMINALS INCLUDING THE MEXICAN DRUG CARTELS.

 

no one has served the banksters more than hillary and billary clinton and the bankster regime of obama, eric holder and 'credit card' joe biden - all parasite gamer lawyers!

 

Banksters: The Untouchable Bank (Global Finance Scandal Documentary) | Real Stories

https://www.youtube.com/watch?v=8JVHotswhIk

 

 

JUDICIAL WATCH’S TEN MOST CORRUPT LIST

President Barack Obama: During his presidential campaign, President Obama promised to run an ethical and transparent administration. However, in his first year in office, the President has delivered corruption and secrecy, bringing Chicago-style political corruption to the White House. JUDICIAL WATCH 


 “Attorney General Eric Holder's tenure was a low point even within the disgraceful scandal-ridden Obama years.” DANIEL GREENFIELD / FRONTPAGE MAG


 During his presidency, Obama bragged that his administration was “the only thing between [Wall Street] and the pitchforks.”

In fact, Obama handed the robber barons and outright criminals responsible for the 2008–09 financial crisis a multi-trillion-dollar bailout. His administration oversaw the largest redistribution of wealth in history from the bottom to the top one percent, spearheading the attack on the living standards of teachers and autoworkers.

The Republican staff of the US House Committee on Financial Services released a report Monday presenting its findings on why the Obama Justice Department and then-Attorney General Eric Holder chose not to prosecute the British-based HSBC bank for laundering billions of dollars for Mexican and Colombian drug cartels.

 

 

GLOBAL BANKSTER CRIME TIDAL WAVE

 

Chinese Intermediaries Launder Cartels' Drug Proceeds in the United States  -   From the U.S. to China to the cartels

https://mexicanoccupation.blogspot.com/2020/12/chinese-launder-drug-cartel-money-sen.html


“The other banks on the top 10 list are JPMorgan Chase (whose CEO Jamie Dimon was once known as Obama's "favorite banker"), New York Mellon, Standard Chartered, Barclays, HSBC, Bank of China, Bank of America, Wells Fargo and Citibank.”

 

Yellen Predicts ‘Much Lower Inflation’ in 2023. She’s Usually Wrong.

'I don’t think we’re about to lose control of inflation,' Yellen said last year, before US lost control of inflation

Janet Yellen / Getty Images
 • December 12, 2022 5:30 pm

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Treasury secretary Janet Yellen said Sunday that she expects "much lower inflation" within the next year. But the Cabinet appointee has been consistently—and baselessly—optimistic about inflation since she joined the Biden administration.

"I believe by the end of next year you will see much lower inflation, if there's not an unanticipated shock," Yellen said in a Sunday appearance on 60 Minutes. The secretary cited reductions in shipping costs and delivery lags as evidence that high prices will soon be in the rearview.

Yellen made virtually the same prediction last year, when inflation was at a troubling 5.4 percent. "I don’t think we’re about to lose control of inflation," Yellen said in October 2021, suggesting the resolution of supply chain issues would tame inflation within a year. By June 2022, however, inflation had surged to a 40-year high of 9.1 percent.

In May 2021, less than two months after Congress passed the $1.9 trillion American Rescue Plan, Yellen predicted there wasn't "going to be an inflationary problem" at all because President Joe Biden's spending plans were "relatively small relative to the size of the economy," an argument that put her in lockstep with White House officials. Economists, however, have concluded that the American Rescue Plan significantly contributed to inflation.

Yellen offered a mea culpa for her inaccurate predictions in June, admitting she "was wrong … about the path that inflation would take."

Biden was similarly unsuccessful in accurately predicting inflation rates. The president in July 2021 declared that "no serious economist" is "suggesting there's unchecked inflation on the way."

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