Yellen on January 2021: I don't expect inflation will be a problem March: We might have some minor but controlled inflation June: We'll have several more months of rapid inflation October: Inflation will ease by the second half of next year November: It depends on the pandemic See a trend?
In stage one we say nothing is going to happen. Stage two, it may happen, but we should do nothing. Stage three, maybe we should do something about it, but there's nothing we can do. Stage four, maybe there was something we could have done, but it's too late now.
And it gets worse. Another trillion dollar spending here another trillion dollar spending there, or should I say a trillion borrowing here a trillion borrowing there.
I am not an economist, but I know that the more money we print, the more our dollar is devalued. Her excuse for the job shortage related to fear of covid is ridiculous. Vaccine mandates have caused job loss.
Janet has been coached by Biden’s political strategists to put forward the most positive spin on the economy, but she really is a public servant that serves the public interest and the American people. She needs to acknowledge the very real economic pain people are struggling with due to the pandemic; not effectively acknowledging the problems and talking about realistic strategies to address them only further serves to alienate voters. Messaging is not a strategy, political strategists are not effective substitutes for policy strategists that can engage in effective management solutions. Overly generous monetary policy and poor policy supports for lower income households in this pandemic have undermined our ability to get the pandemic under control and secure public confidence in this administration. Really disappointed in Margaret’s interview, I’ve seen her push harder than this for answers and I’m surprised that CBS isn’t giving her more leeway to push for aspects of the economy that are affecting women the most, I thought that was the hole point of having her replace John Dickerson. If she isn’t willing to fight for better interviews, this is really just more political theater that fails to enlighten, educate and empower voters.
So we are told to believe that the aggressive money printing of the Federal Reserve is not largely responsible for the inflation we are currently experiencing? That does not pass the smell test.
She’s no better at explaining economics than is Kamala Harris trying to answer what she’d do to fix inflation. (With or without the fake French accent)
I like her, she tells it like it is. Inflation is with us for at least until the second half of next year. In the mean time... ask for a raise, if you're a good worker, now is when your boss will consider it.
Not sure if you're aware of this or not Carol, but the Fed is solely responsible for inflation. Injecting more currency into a system flush with it already does not create any positive effects. More Fed intervention is not the answer, they will continue to exacerbate the issue. Unfortunately this is only the start of tough times.
This women is the very reason why we are experiencing such high inflation with all the money printing and fiscal stimilus.You want to destroy an economy for decades? Over stimulate it to the point of hyperinflation and be forced to raise rates at the end of the biggest stock market bubble this country has experienced!
Who wants to work when their paycheck is worth half as much a week after they receive it. You would basically have to spend your entire paycheck immediately or else the value, purchasing power, would vanish almost immediately as prices skyrocket quickly.
@@dantheman4011 Not because of Biden! If trump was president prices would be the same! You are easily manipulated. Come on we need you people to think deeper.
i have a friend who is in trucking in California and he tells me the reason why there aren't enough drivers is emissions standards there are so high you cannot drive a truck into the ports that is over 10 years old without an overhaul to it's exhaust system which is very expensive BTW. This along with a shortage in drivers is creating this massive backlog in L.A
Notice they are saying "We are doing everything they can do" Well what is that?? give us an example of something they are doing? They have no answer because they are not doing anything to help! They are talkin to ports still trying to figure out what to do! No leadership folks!. Lets go Brandon!
Does anybody know the dislike # for this video ? It has to be at a billion at least . No woman is as digusting as harris but this one is just one point behind!
It's rather entertaining to see all the dancing around to avoid mentioning raising taxes and interest rate to combat inflation, which is the only sure fire way to stop it. People are too dumb to save their money, they won't stop spending. As Paul Volcker proved in 80s you have to crank that interest rate up (he did it indirectly by stopping money supply) and cause short term pain to get the house back in order.
Inflation is caused by overprinting money, it amazes me how stupidity runs rampant. Also, certain companies raising their wages to $15 hr doesn’t help the economy; it just means the costs of everything increases to pay for employees.
@@user-rv2zu1vb2c If the Federal Reserve decided to stop buying U.S. treasuries and bonds how would the Government fund their spending spree. Maybe foreign governments or the public would buy those treasuries and bonds, but ultimately the Government does not control the economy despite your belief. The basics of capitalism is free market economy which means the Government does not control the economy, the means of production and distribution. Capitalism means that private parties control the economy and the Government because he who has control of the money controls the Government, not the other way around. Hopefully you can figure this out and spread the word, it is our only hope. I have my doubts because research takes work and most U.S. citizens are lazy.
I WILL KEEP SAYING IT UNTIL IT CHANGES OR I DIE: 'We The People' need to rise up and pass a law that the US Fed has to have an annual economic inflation goal of zero percent (0%), NOT 2%. As America gets greater, a US Dollar should be able to buy more, not less.
Yellen on January 2021: I don't expect inflation will be a problem
March: We might have some minor but controlled inflation
June: We'll have several more months of rapid inflation
October: Inflation will ease by the second half of next year
November: It depends on the pandemic
See a trend?
In stage one we say nothing is going to happen.
Stage two, it may happen, but we should do nothing.
Stage three, maybe we should do something about it, but there's nothing we can do.
Stage four, maybe there was something we could have done, but it's too late now.
She is Dancing around the Question!
As usual
All Americans are taking a ‘ HUGE HIT, right Now!!! ‘ Spending, who can Spend when Gas and Food has Increased???
Full of lies
I have to play speed 2.0 to make it like a normal person speaking 🤯🤯🤯🤯
Come On, Stop saying Pandemic!
Nobody really believes that anyway
Peter Schiff's podcast brought me here. He said she was on face the nation to basically lie to the nation😂
Same here 🤣 "Lie the nation" is the name of the game
Dancing Around the Question!
How can Normal become Normal, Prices are Ridiculously Ridiculous!
And it gets worse. Another trillion dollar spending here another trillion dollar spending there, or should I say a trillion borrowing here a trillion borrowing there.
what we are revisiting is the '70s fuel shortages high inflation
Caused by our government and central banks.
She needs to RETIRE!
She is a traitor.
If you were to place a wig and lipstick on a toad you would have it.
I am not an economist, but I know that the more money we print, the more our dollar is devalued. Her excuse for the job shortage related to fear of covid is ridiculous. Vaccine mandates have caused job loss.
They really believe we are dumb enough to believe their B.S.
Get vaccinated then! Companies are bringing in huge profits, that's why prices are up! Why do you think people are striking?
Just another day of doom and gloom in the Joe and Kamala world.
Retire for all our sakes.
When has the Fed EVER been wrong?
It’s always someone else’s fault.
Why isn't anybody talking about December 3rd. Debt limit anymore? Didn't Yellen herself say this would be A CATASTROPHE?
They have written a song about the debt ceiling: th-cam.com/video/EoS52fVtVQM/w-d-xo.html
Extended deadline again Dec 15. Then we have a recession
Janet has been coached by Biden’s political strategists to put forward the most positive spin on the economy, but she really is a public servant that serves the public interest and the American people. She needs to acknowledge the very real economic pain people are struggling with due to the pandemic; not effectively acknowledging the problems and talking about realistic strategies to address them only further serves to alienate voters. Messaging is not a strategy, political strategists are not effective substitutes for policy strategists that can engage in effective management solutions. Overly generous monetary policy and poor policy supports for lower income households in this pandemic have undermined our ability to get the pandemic under control and secure public confidence in this administration. Really disappointed in Margaret’s interview, I’ve seen her push harder than this for answers and I’m surprised that CBS isn’t giving her more leeway to push for aspects of the economy that are affecting women the most, I thought that was the hole point of having her replace John Dickerson. If she isn’t willing to fight for better interviews, this is really just more political theater that fails to enlighten, educate and empower voters.
So we are told to believe that the aggressive money printing of the Federal Reserve is not largely responsible for the inflation we are currently experiencing? That does not pass the smell test.
Look you don't know anything about ECONOMY. So please don't say anything.
th-cam.com/video/Ro7lrA781To/w-d-xo.html
She’s no better at explaining economics than is Kamala Harris trying to answer what she’d do to fix inflation. (With or without the fake French accent)
Economics isn't well understood, but she is a life long economist. She knows that she is lying.
she just blame the pandemic not the money printing
one of the worlds worst broadcasters;
She had not provided solutions to current inflations problems . She just repeated what we already know !!
She is full of sh*t and she knows it.
employers ‘can’t find’ workers bc they pay offer unacceptably low pay in exchange for dangerous work conditions
I like her, she tells it like it is. Inflation is with us for at least until the second half of next year. In the mean time... ask for a raise, if you're a good worker, now is when your boss will consider it.
You must like canned answers, she really is not saying anything usful.
Not sure if you're aware of this or not Carol, but the Fed is solely responsible for inflation. Injecting more currency into a system flush with it already does not create any positive effects. More Fed intervention is not the answer, they will continue to exacerbate the issue. Unfortunately this is only the start of tough times.
This women is the very reason why we are experiencing such high inflation with all the money printing and fiscal stimilus.You want to destroy an economy for decades? Over stimulate it to the point of hyperinflation and be forced to raise rates at the end of the biggest stock market bubble this country has experienced!
Hello my beautiful lady, nice to meet you here and I'm very happy to be your friend.please if you don't mind can i have your conversation line here?
Open Up The Keystone Pipeline and Keep Open the Pipeline in Michigan!!!
In 2008 gas was almost $5 a gallon, calm down. We don't need to pollute anymore for that little amount.
What about Our Seniors?
Absolute impressive academic resume .. with NO real-life administrative successes.
Who wants to work when their paycheck is worth half as much a week after they receive it. You would basically have to spend your entire paycheck immediately or else the value, purchasing power, would vanish almost immediately as prices skyrocket quickly.
Shameless. She really think everyone else are nuts ?
Another cold uncaring “politician” who will continue happily on her way.
Don the Con lost by 7 million votes. Go cry elsewhere.
@@scph321 We are all losing now. Our purchasing power, the value of our dollar and our country as a whole is going down the craper. Let's go Brandon!!
She an appointee? Wdym?
@@dantheman4011 Not because of Biden! If trump was president prices would be the same! You are easily manipulated. Come on we need you people to think deeper.
i have a friend who is in trucking in California and he tells me the reason why there aren't enough drivers is emissions standards there are so high you cannot drive a truck into the ports that is over 10 years old without an overhaul to it's exhaust system which is very expensive BTW. This along with a shortage in drivers is creating this massive backlog in L.A
Lie to the Nation
Notice they are saying "We are doing everything they can do" Well what is that?? give us an example of something they are doing? They have no answer because they are not doing anything to help! They are talkin to ports still trying to figure out what to do! No leadership folks!. Lets go Brandon!
This is what evil looks like
Does anybody know the dislike # for this video ? It has to be at a billion at least . No woman is as digusting as harris but this one is just one point behind!
Yep
Let's go BIDEN ! :D Thank you!
Exactly
Looks like she eats better then most.
DISLIKE! Doesn’t a major increase in money supply cause inflation?
She is unbearable.
The support the gov.. gave us?2400 bucks for months..maybe if our taxes wasn't such much we still be ok..
We in trouble
This poor old day has no clue what she is talking about. All she can remember to say is pandemic every other sentence.
Yellen 666
Madam said the solution is purchasing from China
Secretary Yellen, are you able to monitor the collection of debts at exorbitant interest rates, and without relief?
Complete deflection, bland none direct answers and covid bs punch line
Planned Democrats???? Give me a Break???
What about M1 money stock went from 4 to 20 trillion. Is that also because of pandemic grandma??
It's rather entertaining to see all the dancing around to avoid mentioning raising taxes and interest rate to combat inflation, which is the only sure fire way to stop it. People are too dumb to save their money, they won't stop spending. As Paul Volcker proved in 80s you have to crank that interest rate up (he did it indirectly by stopping money supply) and cause short term pain to get the house back in order.
So sick of these people. Sweden had it right all along.
🤣
She is such a liar and a thief
great leaders do everything right and when something goes wrong they blame everything but themselves..
Buy physical silver and gold. End the Fed.
WOW! She just rang the bell on Powell. Bye Bye Jerome. We need someone more dovish than you to help fight climate change!
Inflation is caused by overprinting money, it amazes me how stupidity runs rampant. Also, certain companies raising their wages to $15 hr doesn’t help the economy; it just means the costs of everything increases to pay for employees.
because of this inflation is the Democrat policy
Stop with the Democratic Republican B.S. this is about economics not politics. Politicians don't control the economy despite popular belief.
@@dantheman4011 the decisions they make affect the economy if you can't see that your lost cause
@@user-rv2zu1vb2c If the Federal Reserve decided to stop buying U.S. treasuries and bonds how would the Government fund their spending spree. Maybe foreign governments or the public would buy those treasuries and bonds, but ultimately the Government does not control the economy despite your belief. The basics of capitalism is free market economy which means the Government does not control the economy, the means of production and distribution. Capitalism means that private parties control the economy and the Government because he who has control of the money controls the Government, not the other way around. Hopefully you can figure this out and spread the word, it is our only hope. I have my doubts because research takes work and most U.S. citizens are lazy.
@@dantheman4011 that's the whole point the spending spree is the problem
I WILL KEEP SAYING IT UNTIL IT CHANGES OR I DIE: 'We The People' need to rise up and pass a law that the US Fed has to have an annual economic inflation goal of zero percent (0%), NOT 2%. As America gets greater, a US Dollar should be able to buy more, not less.
As America's currency gets stronger, more nations would want to utilize America's currency.
With inflation:
1. Of course thing cost more.
2. Quantity of items often diminishes.
3. Quality of items often diminishes.
End the fed!
@@MXSSF_ACTUAL OR, just change their goals.
Once upon a time? When 45 was President , we all were doing well!
Are you forgetting the state of the economy and unemployment rate when 46 was sworn in?
@@user-eh8yz6ko3t no. We remember the plandemic
@@jimmyjames6487 I’m guessing you were not the high school valedictorian
@@user-eh8yz6ko3t no. Let me know when you graduate in a few years if you get that honor.
As Greta would say, Bla, Bla, Bla,.... Got to love all the canned answers coming from someone who never has not done any real work in a long time.
I called BS..
BS as usual, from disingenuous Yellen and Brenan, who doesn't know how to do her job!