• HUMAN REPORTERS · NOT MACHINES

    Yellen Throws Biden Under The Bus On Runaway Inflation: She "Wanted" $1.9 Trillion Stimulus Cut By A Third

    By CDM Staff
    June 5, 2022
    1

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    Perhaps the most idiotic thing to ever come out of the Biden administration - and there has been plenty to choose from - was the repeated lie that (trillions in) stimulus does not cause runaway inflation, but rather lowers it.

    And while Biden's handlers were generous enough to bribe supposedly smart people to repeat said lie to give it credibility, like for example the chief economist at JPMorgan who last March said that the $1.9 trillion Biden stimulus "won't spark runaway inflation" (narrator: it did)...

    ... the truth, of course, as Jeff Gundlach noted recently, is that an "intelligent twelve year old" was able to predict that excessive stimulus causes inflation...

    Nothing less than your children’s possible future under communism is at stake… CDMedia is confronting the corrupt media narrative…we need your help more than ever…DONATE!

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    CDM Staff

    The mission at Creative Destruction Media is to be the catalyst for the "process of industrial mutation that incessantly revolutionizes the economic structure from within, incessantly destroying the old one, incessantly creating a new one."
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    Eli Dumitru

    There is nothing in your story that backs up your headline.

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