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Janet Yellen claims “American splurging” is the reason for record-high inflation

  • December 2, 2022
Janet Yellen claims “American splurging” is the reason for record-high inflation

Yellen appeared on the late show with Steven Colbert earlier this week where she was asked about the price increases that all Americans have felt for more than a year.  In the interview, she also is claiming the Biden administration put policies in place which significantly decreased the unemployment rate. This further led to Americans splurging on goods and services.

Yellen also said “we had a rapid recovery from the pandemic” and “unemployment is down from 7-percent to 3 point 7 percent”. According to Yellen, during the lockdown people bought more electronics, barbeques, and lawn furniture— which lead to inflation. If you didn’t have any faith in the deep state American government before I am sure this one is leaving most Americans scratching their heads.

Ok, so how does my “barbeque and laptop” raise food prices, almost double gas prices at the pump, increase my utility bills, and force restaurants to raise prices so high I can’t afford to take my family out to dinner?

It appears our own secretary of the treasury is taking her cues from someone who has not passed macroeconomics 101.  While Yellen tries to blame Americans for this administration’s massive failures, we know the truth. And just when you thought this *deny re-assess* blame game couldn’t get any worse— she blamed Russia for the increase in food and gas prices in the united states and around the world.

Yellen isn’t the only one who claimed Americans “reckless spending” as the reason for inflation.  White House chief of staff Ron Klain was mocked for suggesting rising costs and supply chain issues were a “high-class problem” last year supporting BlackRock’s CEO claims that “Americans are spoiled and they don’t know pain”.

Energy secretary Jennifer Granholm was also criticized for “literally laughing” at rising gas prices all while offering Americans tax credits for installing very costly solar panels on their homes.  Liberal journalist Stephanie Ruhle from MSNBC news has also stated openly that consumers could afford to spend more money on groceries and utilities.

And fake Biden told reporters last month “the economy is strong as hell”.  It may look like that from the high office of the white house, but down here in the cheap seats that couldn’t be further from the truth.  Let’s start talking facts now, the consumer price index rose around half of a percent from September to October.

Consumer prices are at a 40-year high.

Since the orders are coming from the federal reserve boards, these price increases have been felt all around the world not just in America.  Yellen was the former federal reserve chair and reports to the dragon families, Khazarians, and the world economic forum.  Consumers buying barbeques, laptops, and office furniture have absolutely nothing to do with inflation.

Matter of fact, inflation isn’t even real.

It costs the same amount of money to produce food, gas, electricity, water, fertilizer, and lumber as it did 100 or even 200 years ago.

So what is inflation really?

A deep state tool that increases prices globally in markets that they control.  Increase the price of grain, and you increase the cost of beef. Simple really when you control the grain market, and we are talking about you here BlackRock, the commodities futures market, and the transportation of it.  Under the rules of supply and demand, we have no shortages of any kind globally.

We have plenty of gas, grain, food and almost any other consumer good you could think of, and that is with or without Russia, miss Yellen.  What we do have a shortage of is people in government positions with any common sense.  Yellen please go consult with someone, anyone, who understands economics 101, or even ask for permission to look at the key integrated monetary system’s feature “how to run a country for dummies” before you go on t-v again and flat-out lie to consumers.

And for the love of god— please stop listening to the deep state, they will only embarrass you, and this country further.  And for us consumers, we look forward to the restoration of our supply chains all over the world that *does not* include governments and deep-state predators.

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Tags: Federal ReserveGovernment SpendingInflationJanet YellenUSA

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