Comments by "Frederick Miles" (@frederickmiles8815) on "Treasury Secretary Yellen WARNS White House is watching for an inflationary cycle" video.

  1. She is embarassingly bad...she still does understand that QE is deflationary and inflation will be transitory - like in 28-29. Due to transitory inflation in supply and commodities, firms cant afford higher labor cost; let alone pass on the increased supply and commodty costs onto consumers - meaning we will experience a liquidity crunch. She literally just stands there and spouts gibberish; I expect her and Jerry P to read goat entrails next.
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