Finance
“We’ve Got to Get Control of Inflation, It’s Ravaging Our People” – Senator John Kennedy to Failed FED Chief Powell and Janice Yellen
Senator John Kennedy from Louisiana grills top Biden economic officials about inflation “ravaging our people”.
The Daily Caller reported on the discussion between Senator Kennedy and FED Chief Powell and Secretary of Treasury Yellen.
Republican Louisiana Sen. John Kennedy pressed Federal Reserve Chairman Jerome Powell and U.S. Treasury Secretary Janet Yellen on the continuing rise of inflation on the Senate floor Tuesday.
“Is the Fed considering increasing the pace of its tapering? We’ve got to get control of inflation, it’s ravaging our people,” Kennedy told Powell.
“I think what we missed about inflation was we didn’t predict the supply side problems and those are highly unusual and very difficult. Very nonlinear and it’s very hard to predict those things,” Powell replied. “But that’s really what we missed and that’s why all of the professional forecasters had much lower inflation projections.”
Powell said the Fed will discuss at a December meeting whether it is “appropriate” to finish their taper purchases and accelerate their tapering a few months earlier than scheduled, due to inflated pressures and the supply chain issues.
See the exchange below:
-
China vs US3 years agoDr. Leana Wen – Medical CNN Propagandist – Has A History With the CCP & Eugenics Programs
-
Politics3 years agoBiden Economic Advisor Brian Deese: The Only Viable Path to Energy Independence is to Reduce Fossil Fuel Use to “Zero” (VIDEO)
-
Coronavirus3 years agoLaboratories in US can’t find Covid-19 in one of 1,500 positive tests
-
Coronavirus3 years agoFormer Pfizer VP: ‘Your government is lying to you in a way that could lead to your death’
-
Coronavirus3 years agoCDC Finally Withdraws Criminally Fraudulent COVID-19 PCR Test
-
Coronavirus3 years agoCourt Orders FDA To Comply With FOIA and Release Information On Pfizer Vaccine – First Batch of Documents Shows Over 1,200 Vaccine Deaths WITHIN FIRST 90 DAYS
-
Bombshell Interview3 years agoThe Covid Vaccine Gives You Aids – Dr. Ariana Love
-
Corruption3 years agoBiden Administration Urges Supreme Court to Uphold Warrantless Gun Confiscations
-
Orwellian Nightmare3 years agoImmunologists Say the MRNA Vaccine is a ‘Big Mistake’ as New Data Show Accumulation in Reproductive Organs
-
Banned Videos3 years agoFormer Pfizer VP & CSO Dr. Michael Yeadon Blows the Whistle on the Covid 19 Vaccine: “The elites aren’t taking this vaccine”
-
NWO Documents2 years agoDark Winter
-
Coronavirus3 years agoStanford Study Results: Facemasks are Ineffective to Block Transmission of COVID-19 and Actually Can Cause Health Deterioration and Premature Death
You must be logged in to post a comment Login