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

June 5, 2022

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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)...

Yellen Says Inflation Problem Unlikely to Result From Stimulus

LOL
— zerohedge (@zerohedge) March 8, 2021

... 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...

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