It might as well be, since our TREASURY SECRETARY has no frickin’ clue WHAT IT MEANS.
NEW – Yellen on inflation: “I regret saying it was transitory.”pic.twitter.com/zYgpGzuGS6
— Disclose.tv (@disclosetv) March 13, 2024
POTATUS has his best people watching out for America. His BEST.
…Yellen and others had to eat those words over the next year as the inflation rate surged to its highest since 1981. Since then, inflation has fallen far closer to its pre-pandemic norm of around 2%, but it’s still “transiting.” On Wednesday, Yellen admitted she had misjudged the path of the cost of living.
“I regret saying it was transitory,” she said. “It has come down, but I think ‘transitory’ means a few weeks or months to most people,” she said in an interview on Fox Business Wednesday.
“To MOST people”? Ya think? When even the dictionary defines it as “lasting for…