Treasury Secretary Janet Yellen has more financial and analytical resources at her fingertips than thousand hedge funds combined. When Secretary Yellen claims today that she “got it wrong” about inflation, what she is doing is continuing the game of pretending; she’s positioning the administration as incompetent, not deliberate.
The illusion of incompetence plays into the scheme of hiding the fact the administration is working through a purposeful strategy. In the game of pretending; and under the current circumstances; it is better to be seen as incompetent than recognized as working with malicious intent. This is the illusion behind Joe Biden’s usefulness.
This is also the organized pretending game within DC that too few people will accept or admit. The Treasury Secretary and Federal Reserve Chairman are not making mistakes, they are working on a specific agenda and economic plan. Federal Reserve Chairman Jerome Powell was not late to raise interest rates, he waited on purpose. He waited for the political reason of waiting until the triggered 2021 inflation spike cycled through the full calendar year.
These are not monetary policy leaders making monetary policy mistakes. These are monetary policy political ideologues, carrying out a political agenda within the U.S. economy. This is part of what National Economic Council Chairman Brian Deese would call the “economic transition.” WATCH this through the correct prism:
Intentional and willful damage to the United States. Create a massive crisis, and then impose your will to “solve” the crisis.
Not just one crisis but mutiple crises. Overwhelming the existing infrastructure, Medical, Energy, Food, Monetary…
Thank you Sundance etal for a place to have truthful
information. Also a place where complex issues are made simple. Plus the admins for keeping this place civil.
End the Fed; end inflation. Shutter the $pentagon, defend the border. Rebuild the rest. Legalize freedom.
you forgot outlaw the democratic party.
The Republican Party is no better. Some may view it as the lesser of two evils, but I’m not so sure.
When the republican party walks in lock step with the democrats
other than when “wagging the dog pretense of doing the right things”
we are sure the majority of them are corrupt as well.
there is no real Republican party
I think most of the Republicans in the Senate are too old and tired and lazy they don’t know how to fight this fight It’s like they’ve just rolled over. They need to just just retire! we need new blood fighters Gaetz Jordan Greene Where are the rest of the fighters that will fight for freedom?
Any and all politicians who are serving a second term or more are the problem.
The political environment within our country breeds corruption, and they do at the cost of the working class family.
I believe it can be stated accurately that without the Republican Party (in its current and past orientation), there would not currently be in the United States a radical, Marxist party that enjoys such favor and influence standing right at our doorstep.
Of course, to address USMCLT’s previous point, Republicans, as a whole, are a bunch of obnoxious, shiftless grifters. However, they are not murderers, terrorists, or anarchists (truth is they don’t have the guts for that), but nonetheless they profit mightily and shamelessly via their reflexive grifting given the threat that such demons pose to our civil society.
The problem facing our security and survival is the urgent need to depose both evil factions. For that purpose, our greatest of former presidents (let’s play along that he was defeated) will need to bring his best game in 2024. He’ll have to score holes-in-one each day of his campaign and presidency in order to defeat such a band of reprobates on both sides.
And no leader on the Republican side should ever be forgiven for claiming ignorance. That excuse is gone forever!
Why not outlaw all political parties? George Washington warned against factionalism.
Thank you. Divide and conquer. And abolish the CONstitution, which was a coup-d’etat:
https://www.lewrockwell.com/2004/08/gary-north/conspiracy-in-philadelphia/
. . . and return to the Articles of Confederation (and then, burn that too, and secede).
“A man’s natural rights are his own, against the whole world; and any infringement of them is equally a crime; whether committed by one man, or by millions; whether committed by one man, calling himself a robber, or by millions calling themselves a government.”
― Lysander Spooner, No Treason: The Constitution of No Authority
MORE:
https://www.goodreads.com/author/quotes/238917.Lysander_Spooner
https://www.goodreads.com/author/quotes/228606.Albert_Jay_Nock
“Democracy is the worship of jackals by jackasses.”
― H.L. Mencken
“Vision without execution is just a dream.”
$pentagon. Perfect!
War Is Making You Poor Act – Wikipedia
Interviewer: “If you get rid of the Fed, what do you replace it with?”
Dr Thomas Sowell: “When someone removes a cancer, what do you replace it with?”
Perfect.
It is hard to imagine a more stupid or more dangerous way of making decisions than by putting those decisions in the hands of people who pay no price for being wrong. ~ Thomas Sowell
https://www.goodreads.com/author/quotes/2056.Thomas_Sowell
https://www.azquotes.com/author/13901-Thomas_Sowell/tag/responsibility
Adolescence is a relatively recent thing in human history — a period of years between the constraints of childhood and the responsibilities of adulthood. This irresponsible period of adolescence is artificially extended by long years of education, much of it wasted on frivolities. Tenure extends adolescence even further for teachers and professors. ~ Thomas Sowell
Tom Woods Ep. 1050
How State and Society Invented Adolescence, and Screwed Up Young People:
“According to Dr. Robert Epstein, adolescence is an artificial construct of recent vintage, unknown in earlier times or indeed in many parts of the world today. The creation of this category, and the assumptions that inform it (by state and society alike) have harmed young people, he argues, and are responsible for the anxiety and angst we associate with the teenage years. These problems are not evident in cultures that lack this category. We explore Dr. Epstein’s thesis and book in today’s episode.”
https://tomwoods.com/ep-1050-how-state-and-society-invented-adolescence-and-screwed-up-young-people/
What an insightful man he is…a national treasure, who started out as a leftist, even communist in his beliefs. What a remarkable turnaround. He doesn’t pontificate or ramble. Every word he says is meaningful. A voice of reason. Someone who was willing to examine what he believed with what he saw and experienced and reversed his positions, which is the very definition of wise.
I admire that man more than I can say. Thank you for your first quote, which is one of his absolute best. And the rest? He’s not wrong on any of it.
Gold , precious metals or something similar. The Euros thought they would screw Russia and steal their national resources with devaluing fiat currency. So Putin tied energy purchases to gold standard. Just brilliant.
Putin said in a speech well before the whole Ukraine conflagration that all decisions had been made. One would have to be rather myopic if one didn’t understand those decisions went way beyond the battlefield. Yes…back to what we should have never abandoned. Thank you, Nixon.
Sadly, the only way for the corrupt complexities now exemplified by the US federal government to ever be simplified is to see justice served. The guilty must be apprehended, tried, convicted and punished. Any deviation from that process will guarantee the advancement and continuation of the corruption. We cannot “fix” it through elections or legislation. It can only be fixed through the application of true justice. These smug, guilty actors should be afraid, very afraid.
True justice has not existed for decades in DC. It has gotten so blatant in the last 14 years that they now have absolutely no fear of being held accountable. The hubris and arrogance they display as they flout the laws that commoners are held to is evidence of this.
The regime knows it is untouchable. They have layers and layers of protections. And they know it.
Don’t forget the never ending psy ops. So many crises (mostly manufactured) coming at us one after another after another, why…the average person who isn’t all that dialed in will just leave it up to our good officials and political types!! Bingo, half the battle, keep em scared.
This is how the left works scare techniques invisible famin fake wars to launder money fake vaccines Drs threatened this was their plan Dirty politicians with no integrity Commie Hussein still running the show earpiece in Bidens ear this whole time! fake Government. Now they want to take our 2nd amendment I remember when one Senator I don’t remember his name, he stood up and he said “you are not taking my guns!” I want to hear that from all of them! Where are the fighters?
AND Trump never conceded
They always have the solution don’t they…
“It’s for your own good.”
Reminds me of …
Yep, an old template.
Yellen never misses her yearly sojournes to Davos.
And that is called a smoking gun.
One word “Treason”.
Cloward/Pivan on steroids.
Lets find the dumbest librarian cat lady who uses an abacus to balance her checkbook and put her in charge of our economy. I would be suprised if she remembers to feed her 17 cats daily.
Any statement from Kev or the rest of the RINOs leadership or they waiting for the the Luntz talking points.
Talking points, must be group tested. That is the only way that either wing of the UniParty is able to message. If they would tell the populace what they actually believe and want to do. They would be tarred and feathered, run out on a rail. That would be on a good day.
The world is rapidly approaching a time when the peasants have nothing more to lose. That will make for so interesting times. Just like the old Chinese Curse of living in interesting times which are perilous times.
Same thing with the “supply chain/oil crunch” pushing oil prices vertical. Biden let slip with his “…incredible transition…” statement. At first blush, it would be easy to presume that there are a bunch of dumb as rocks ideologues running the energy policy (there ARE, but not ALL of them are “Koolaid drinkers”).
It’s a fair question: “Has ANYONE run a tabletop simulation on the impact of transition from a fossil fuel based infrastructure, to a more “sustainable and green” energy infrastructure?” You are SUPPOSED to think these people ARE that dumb.
Not at the top, behind the curtain of the Terrible Oz in Reverse. In Terrible Oz in Reverse, there’s a doddering old man with petunias and skittles spurting out, instead of flames. But behind the curtain, there’s a malevolent creature whose wish is to destroy America.
We are NOT going to go into a recession. We are not going to go into a collapse.
WE ARE IN A COLLAPSE RIGHT NOW. Many may not recognize it, because imagining it is at once a more total “macro” view of what collapse looks like. When you are IN it, as inside it in real time… it is complex and many faceted, and ensconced in a shielding of our own human psychological protections against pain, suffering and ugliness.
Step OUT of your engagement of enthrall to the slow motion massive crackup of the freight train of America and Western Civilization, accept that what we are watching is a “feature” not “a bug”, and consider your home, your family, your neighborhood and your town/city community and it’s well being.
Help your immediate surrounding community prepare and connect with each other. There’s strength i numbers. Absolutely work to preserve our republic… but the biggest leverage is right where we live.
The Dr. Evil of Davos, Klaus Schwab, is certainly a “ringleader”. But stupid ninnies and “minions” at all levels are the grease in the evil gearbox.
WE SHALL NOT COMPLY should be the uiversal axiom everywhere.
They know exactly what they are doing and are smarter than we think. Look how fast they dismantled all the gains made by DJT. Remember how quickly and effectively DJT turned things around for this country. Look where we are now in just two short years. I shudder to think where we’ll be at the end of biden’s four years….or eight heaven forbid.
I think that they know that this will be over before the next Presidential election and that any puppet will do to be the “president” of the country formerly know as the USA. We will be under a one world government and the real power will be outside of our borders.
I agree with you. We are in a total collapse. Unless people are prepared with backups to the backups to the backups, it’s going to be brutal. I’m still not prepared enough for what’s coming and I’m ahead of most people. I pray a lot. And I’m not going to comply.
So, Janet Yelling you made a fake “mistake” and it will cause untold millions extreme hardship? Then do what any NORMAL person would do after harming so many . . . QUIT! But no, you aren’t finished screwing over our elderly and poor yet.
Larry Kudlow said it looked like a “hostage video”.
Unfortunately we missed the part where she was slapping herself silly. Is there no one in this Biden whirlwind of crooks who fears Almighty God? Obviously not!!!
Get your dropbox watchers organized and do what you have to do. Vote IN PERSON. Don’t listen to those who tell you to not vote. The fat lady at the fed is struggling to speak. She can’t even do that very well.
She would be replaced with another from the circle from which she was chosen. This is not difficult to discern
Time to run all TPTB elderly monsters out of DC. Too bad Putin didn’t take care of them while many of them were in Davos.
I get a kick out of news heads asking how the administration is going to stop the demise of America, when that was the dems stated goal at the their primary debates. We will bankrupt this, we will bankrupt that. They act like it was all by accident or Putin’s fault. Destruction was a feature, not a fault.
Ah, yes. The good old trusty Incompetence Theory.
First came across it in the aftermath of 9/11.
It worked Wonders for the MIC.
Brace yourselves. The worst is yet to come. Unless your an illegal border crosser don’t expect much help from this administration.
After a short adjustment to their new environment, America, they will get bored and hungry.
That is when the real fun starts. They will want what they don’t have. Watch.
They will want what WE have.
Public schools a mess now? Just wait until every classroom is a Tower of Babel.
It’s deliberate. It’s all deliberate. The border, the gas and food prices, everything. We see it so clearly now.
Whether Yellen is incompetent or deliberately pushed these policies she has deceived many people. She does not seem to care how many ordinary Americans have been hurt in the process not to mention the knock on effect around the world.
To help take your mind off the economy…
.
She sounds like a retarded automaton reading a script.
Not only did Yellen lie about not understanding; she used her “apology” to create a cloud of misdirection over the real cause of inflation: the expansion of the supply of money and currency.
That’s one of 2 causes of inflation. The other is the constriction of supply in those things we’re not allowed to have any more, eg oil and apparently food.
It was apparent from day one that Yellen was lying to cover for Biden’s inept destructive policies.
The time for navel gazing and exhausting analysis is over. We need to organize and not for “bake sales.”
This is all President Obama’s plan to destroy the US economy and then rebuild it in Michelle’s First Term (Jan, 2025) into a Glorious Collectivist Paradise run from the Washington-Silicon Valley Axis!
Ma belle is not much more likable than Kamala.
“They’re not incompetent. They have a playbook and are running it.” me & a bunch of others, over a year ago. They have the means to effect this wonderful disinformation piece. Good job to Trusty Wolfie for sticking to the script.
This is the propaganda equivalent of the “aw shucks” lower lip biting of Bill Clinton to generate sincerity.
They are trying to destroy us.
They are
trying to destroydestroying us.FIFY
In defense of her incompetence, she’s never been right about anything.
I was thinking the same thing, Sundance. Better to be seen as incompetent and mistaken, than be viewed as deliberate and an enemy of the nation by design. Then what happened in Afghanistan with SecDef Austin and Gen. Milley can be excused, they had no idea that the U.S. pulling out suddenly and chaotically would lead to the Taliban taking over. Same with Mayorkas opening the southern border to ALL illegal aliens, he didn’t realize that we would be overwhelmed and that the drugs brought in would be result in record numbers of overdoses. Of course, when your head is buried in the sand, it’s easy to say the situation is under control. Then there’s Mayor Pete, who couldn’t have anticipated the supply chain issues and bottlenecks. When it became apparent, due to all the container ships anchored off the west coast, he claimed he would fix the backlogs by optimizing the unloading at the ports. Still waiting for that to happen! Then you have the skyrocketing cost of fuel, which we can lay at the feet of Granholm and Haagland. Joe Biden saying we’re going to increase oil production, while at the same time blocking more exploration and drilling in Alaska and off-shore. I think it was the President of El Salvador who said that America couldn’t have fallen so far, and so quickly, without an enemy within! The problem is , it isn’t just one traitor, but a multitude …
Her pretending is bad enough. Any intelligent person who understands economics can see right through her BS. But, and this is the reason our country is failing- despite being so blatantly obvious that this is not a surprise, idiots out there in U.S. La La land buy into this line of thinking.
Too many “educated” people I speak with mention Russia. They mention Covid. They mention everything but FJB’s policies. Heck, they can’t even connect the dots regarding gas prices and FJB’s policies of shuttiding down domestic production and drilling.
In fact when you ask the aforementioned people about the 40b (on top of the previous monies) and now the addition 700 million in weapons contrasted with Congress, immediately after voting yes for this ^^^^^ turned around and within a few hours voted no to give 48 billion to US businesses- they go huh? What?
People believe Yellen and that is why we are where we are….we are surrounded by morons. Complete morons. And yes, I understand, some are purposefully not seeing it because they don’t want to believe it. Well, those people will be the ones who willingly get on the box car and urge others to join them- because, you know, it’s just a train ride.
Note who blindly took the jab, or let themselves be coerced into it.
I have a question for all those clowns ,who tell I need to wear a mask for the virius. Where did you get your degree in industrial hygiene?
Coming out on the other side of this malicious Leftist Democrat ‘transition’ isn’t some ‘Green Utopia’ where cows no longer fart. No, on the other side of this is Obama’s dream state – America the Fascist. The ‘pretenders’ at the Imperial Capital, including establishment Republicans like Mitch McConnell, are good with this as long as they and their family get their take of it all.
For the illegitimate administration, corruption, power and control is their only objective. It cares not, if seen as incompetent.
Let the revolution begin….but not until after the Super Bowl, the World Series, my new truck comes in, our trip to the beach, Spring Break, the latest release for XBox, etc, etc, etc.
Make sure there’s plenty of beer in the refrigerator too!
What are we “transitioning” to? a worse, more miserable existence? scarce food, no money or possessions, etc. all of this liberal, progressive faux utopian, kumbaya crap will be soon kicked to the curb along with its promoters and America will move along BAU.
Q: What are we “transitioning” to?
A: History says famine, war, prison camps, and genocide
“Better to fight on your feet than die on your knees.”
The Great Reset.
Serfdom.
“These are not monetary policy leaders making monetary policy mistakes. These are monetary policy political ideologues, carrying out a political agenda within the U.S. economy. This is part of what National Economic Council Chairman Brian Deese would call the “economic transition.”
Not the main problem. Opponents of capitalism have existed for at least 100 years. The problem is the lack of free elections. If the current polls accurately reflect the people, there will be few Dems in Congress after the mid-terms and Trump or deSantis or someone similar in the WH in 2024.
But nobody has faith in that happening. And that’s why the Green deal is a problem.
Conversely, if we have free elections, the green new deal isn’t a problem because it will soon be reversed.
There is an old saying –
“No shit Sherlock!”
Unanticipated and large shocks to the economy?
Unanticipated?
They don’t know what printing trillions of dollars, and sharply reducing domestic oil and gas production, will do to prices and inflation?!?
They are liars. They hate your guts too.
The Republican Party is going to fix this after the Nov elections? This time it will be different? I am not holding my breath.
Wink-wink-nod-nod.
At this point they are talking to themselves aka the dummy in the mirror or their stupid followers.
Just remember to point and laugh.
who elected her? She’s been involved in public policy for close to 40 years…..based on what? Oh that’s right, her devotion to enriching the elite from within the bureaucracy.
The economic destruction brought about by fascists will pale in comparison to what China and Russia have in store for our future.
Purposeful and intentional feigned incompetence to destroy the USA.
Most everyone thinks the Federal Reserve is government. It is not.
It is a private bank. The dollar is not issued by the USTreasury it is merely a “Federal Reserve Note”- a promise to pay with debt attached.
The dollar is backed by nothing.
We need to turn our tvs off including Fox News, stop buying anything from these corporations and withdraw our consent. They are leading us to the slaughter house.
Extreme economic warfare. We can break them, then leave the rest to those who’ve the stomach for it. Them is individual humans, not a ‘system’, not an ‘office’, not a ‘government’. Humans making choices to destroy our lives and outright kill us.
Canada gave us a glimpse back during the convoy protest. We know what to do. It goes far beyond not buying anything from the fascist corporations. Far beyond. Those of us with little to lose know exactly what to do. Our numbers are growing daily. Get on board or get out of the way.
she’s trying to take the blame/get the heat off of the democrats for inflation before the elections
Oh the banking cabal. Are they just wonderful people?! Have amassed fortunes, never have worked, but suck the wealth out of countries and their citizens. They’ve declared war on us since their existence, but if we dare fight back, here comes the smear brush.
She should be fired for lying to the people. Her comments affect the economy. I detest these creatures.
None of them get fired for incompetence…
This is the same tactic the Branch Covidians and Dumpy Milley, etc…
It’s to deflect responsibility.
We are seeing the inevitable result of what happens to a society when the minds of many are controlled by Lucifer. Only One can change the hearts and minds of those who are blinded and deluded to Truth and brainwashed by Satan. There is no common ground between Christ and Lucifer. There is no common ground between those who wish to live Godly lives in peace and those who have rebelled against God and common-sense. The ridiculous and insane rules and the sheep are threatened in their homes and livelihoods.
This captures everything. Thank you!
I agree.
This is what stolen elections get for you. We did not elect these people. The fake president stole the election and appointed Obama’s cronies. We will for ever be losing if we do not fix our election process. If we let this happen again we will be the ones who failed. Remember fool me once shame on you, fool me twice shame om me.
Hussein uses an earpiece to tell Brandon what to say
Tried to watch the video of Yellen, but had to pause — just can’t stomach the sight of a bizarre little bearded guy who looks like a bad elf escaped from Santa’s workshop, interviewing one of his coreligionists.
Please … make it stop!
Here’s a guy on YouTube who explains what’s going on with the reverse repo rate which has been ~2T for the last few weeks. He says when we see a sharp drop in the number that’s when we’ll know some big bank is failing.
Right now banks are flush with cash, which records as a liability on their books while loans are assets. One of biggest “assets” out there is student loan debt. There was a time when junk mortgage debt was the biggest “asset.” I don’t understand how this all works but I understand enough to know we’re in a heap of trouble.
The entire government/media complex is an organized crime syndicate
Janet Yellen, a WEF flunkie.
ALL of this is purposeful. All of it. The problem is, they are not going to be able to control all the outcomes, because they are not gods – which they seem to think they are.
I am thankful that there are enough of us Americans still living, and still young enough, to rebuild America in its former purposes, after the WEF flunkies fail. Fortunately, the vaccines didn’t kill all of us because a lot of us saw the risks and refused. I’m sure the WEF group is very sad that we’re still alive. Oh yeah, I’m still very angry at the unexpected 40% increase in overall mortality and about the vaccine injured. Furious. I will never forget what they did to the gullible and those who honestly believed their doctors knew what was best.
There’s lots to be ticked off about. But, we are resilient and a lot smarter than they are because we possess “common sense” and they possess weird dreams of dominion over the earth. We’re going to survive this and rebuild in the ashes, unless God has other plans. Amen.
We are in a financial war and hobbled by over 30 trillion in dept.
When you are this far in the hole and need breathing room both for dept repayment and new programs it becomes a matter of national security.
If a govt wants to lower their dept payment and have room to spend more there are two obvious ways to do so. One would be taxes, however even democrats would be in uproar over a 20% tax hike. The other is via inflation which in this case can be called a stealth tax purposefully imposed and numerically manipulated to make it look lower than it is.
While the inflation rate for next year will go down, the inflation we have seen this past year is for the most part permanent.
The combination of inflation with low rates is providing relief from our dept payments and the room to move forward with new govt policies which in this case is the furtherment of the fascist agenda.
Another Brown grad. Brown is an expensive day care center for the Elites’ spoiled brat kids which does double duty as a money laundering center.
So far as this Deese character, if he showed up on your porch, would you permit him entry to your home? Or call the cops?
The answer is clear.
This is not incompetence……
It’s a planned demolition of the US……
wef logo……build back better……
b b b……6 6 6.
I hope we don’t end up saying that letting them take our firearms was a mistake. We will need then to survive.
This is treason of the worst kind. Willful destruction of the Republic for a political agenda with no scientific basis whatsoever.
Putting Covid-infected people into Nursing Homes surprisingly spiked the Death Count early on… Who’d a thunk it…?
Some very complicated things can be captured in nutshells the Average Person can grasp with ease. The above is one of them.
Another is when the dictionary offers as one definition of Inflation the over-printing of large sums of $ to dump in the economy…
The Great Reset requires an implosion of today’s civilization. So does Build Back Better…
The Pretending is far deeper and dangerous – its root is the Great Pretense that Biden was elected and the 2020 election was not stolen by The Bad Guys. That the USA has not been taken over by a crime syndicate and that the Evil in DC that is demanding compliance and silence doesn’t exist. This Great Pretense is affecting the legitimacy of every single political party “on the Right” across the globe, as not a one of them has had the cojones to stand up for the right to vote in America, not one. They are all playing along with DC Mordor’s demands of “see no evil, speak no evil”, and whether their silence is due to cowardice or fear or actual threats, it’s clear that this charade has stripped them of any ideological respect they may have had before November 2020. And this doesn’t even take into account the disgusting Covid Charade, in which they were also deeply complicit. When it comes to pretending, Yellen isn’t even the tip of the tip of the tip of an iceberg’s tippy tip.
It’s all about complicity in election fraud and the tacit approval of the criminal, totalitarian, death-to-USA act. That’s the root of everything we are seeing. Everything.