Guest Post by Martin Armstrong
Treasury Secretary Janet Yellen once again is once again gas lighting the public to believe that the Biden Administration has inflation under control. When questioned about the rising prices at grocery stores, Yellen denied that prices have soared astronomically.
“I think largely it reflects cost increases, including labor cost increases that grocery firms have experienced, although there may be some increases in margins,” Yellen, who has a net worth of $20 million, stated. She later touted that she met with several grocery store CEOs who said they were cutting costs. After all, Biden has continually blamed “greedy corporations” for rising food prices. “I think that’s to be applauded, I think that kind of thing is helpful, but I would be reluctant to agree that we should be centralizing agriculture,” Yellen added.
She also stated, once again, that the Fed will reach the arbitrary 2% target by next year. Treasury Secretary Janet Yellen is proof that the establishment is completely clueless when it comes to the lives of the average citizen. This is the same Treasury Secretary who touted, “People are better off than they were pre-pandemic.” She is all-in on the globalist agenda to sacrifice the economy of the United States on behalf of foreign interests.
Yellen has said that the US has not done enough for Ukraine, despite sending more money than Zelensky has time to spend or circulate back into the military-industrial complex. When questioned about America’s immediate involvement in Israel after the Hamas attack, the Treasury Secretary proclaimed America could “certainly” afford two wars, or rather, the government would “certainly” be willing to tax the public to afford the cost of two wars and send your sons and daughters to die fighting them.
A popular video is circulating the internet of a man who was shocked to discover that the exact same groceries he purchased in 2022 for $126.67 now cost an alarming $414.39. He was shopping at Walmart, arguably one of the most affordable grocery chains. Yet they alter the numbers to claim that food inflation has come down since last year. They say food inflation in America eased to 2.1% in May, making similar claims of declining costs throughout the West. Food inflation has run rampant, and the figures projected by governments are a LIE.
We once had Treasury Secretaries who actually attempted to align national interests with policies. That is no longer the case within Biden’s cabinet for absolutely everyone has sold out to the globalist cabal. It was Yellen who admitted America’s largest spending package, the Inflation Reduction Act, was merely a scheme to push forward the climate change agenda. “The Inflation Reduction Act is, at its core, about turning the climate crisis into an economic opportunity,” Yellen admitted earlier in the year. She has never been concerned about inflation or the average American citizen who has been forced to reduce their quality of life.
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Food is at least up 40%. Almost everything I buy is up 50-100% even at discount grocers like Aldis and Walmart. And those grocery store increases of cost increases, including labor cost increases that grocery firms have experienced are because of Bidenflation, they just didn’t appear for no reason (or greed).
Spot on……….my experience is the same.
Most products up 50-100 % in last 2 years.
Whelp, hebe, my food bills are well over 100%.
So deny the truth all you like, gaslight all you like,
but people buying food, (everyone) now knows you and
everyone you represent are filthy liars .
Do continue
And Ammo up.
The price of ammo is going to go up exponetionally.
Our government is the cause. Look it up. It’s too involved to go into here.
The fat, ugly lady in the mask has an opinion?
Duly noted.
The fat, ugly lady is telling the truth… from her perspective. Being an elite tool [ritual mask = dead giveaway] she avers to towing the globalist line by eating ze bugs, and has probably never set a velvet slipper into a grocery store. Bugs haven’t been on the market very long so she hasn’t personally seen any charts proving a price increase.
What I now spend in a week for food is $17 less than what I spent in a month 4 years ago.
Remember Janet Yellen is nothing more than an overpaid political stooge a clown .
With her mealy mouth mumbling of nonsense designed and staged to promote the lie for the most corrupt administration in the history of American politics .
The 2020 election was stolen by every corrupt means needed and the OBAMA DECEPTION alphabet agencies were packed with communist and socialist bad actors working feverishly to undermine and derail every Trump initiative to protect and defend the republic and its citizens.
Even now there are forces in all these clown world agencies preparing legal actions when God willing Trump takes the Oval Office.
This is not to say Donald J Trump is the perfect man for the job . Who actually is however if he does a clean sweep on day one of every agency under federal control and lay off or fire as many entrenched parasitic leftist lunatics well We as Americans may just have a chance to clean up the mess these true treasonous bastards created .
Get the disinfectant cleaners and power sprayers ready along with an enema of biblical proportions for the Asshole Of America Washington DC. There is a supertanker Of impacted turds that must be flushed out 💩🙏
This is not to say Donald J Trump is the perfect man for the job . Who actually is however if he does a clean sweep on day one of every agency under federal control and lay off or fire as many entrenched parasitic leftist lunatics well We as Americans may just have a chance to clean up the mess these true treasonous bastards created .
When an exterminator goes to a house, does he capture the rats and cockroaches, remove them from the house, and then set them free outside so they can just get back into the house when he leaves? Or does he terminate them with extreme prejudice so this isn’t an option?
Use your noggin.
I think the current level of corruption is probably un-fixable..It’s going to take a complete demolition of the current government and starting over, probably after a breakup..I’m glad that I probably won’t live that long….
The cost of fuel is a big factor. When you think of the diesel needed to cultivate, plant, pick, package, and transport things like vegetables. Diesel in some areas is $4.60 a gallon. It all adds up. I had stone delivered in the spring from a local company I have done business with for years. 20 ton of stone used to cost me (last I got it was 2020) $350 a load. The price went to $575. The driver said the quarry raised the price a few dollars a ton, but the main increase was his transport fee. The fuel prices are killing the trucking industry which just happens to transport EVERYTHING we buy.
This has been the main negative impact of things that “Biden” (or whoever runs him) has actually done to worsen price increases. It is the main thing that Trump may have the ability to mitigate.
The rest is up to profligate Congress and the Fed.
Price increases and inflation are not actually synonymous. The latter often causes the former, but some price increases are actually supply and demand. Driving up the price of the fundamental energy that runs the economy will drive up the price of everything at each stage in the supply chain, irrespective of monetary inflation (which, of course, is also stupidly out of control).
She was hired to take the blame when it all collapsed……..she is an idiot with no clue as to what this country is going thru due to the bad judgment and agenda of the national capitol region en toto.
Kikes dont do blame………they are the chosen according to the kikebook !
Why is this goofy looking kikecunt still around ?
Maybe one of the KIKE-WORSHIPERS here can tell me how this piece of shit is not lying thru her teeth about inflated food prices.
Betcha a nickel this piece of shit hasnt been in a grocery store for years.
Yellen Denies Food Inflation…kind of like denying Bidens dementia, Lawfare, Chinese fentanyl trafficking, Covid death shots or the Democrat’s Communism. Gaslighting as an Olympic event…
Yellen is like Biden…they seem to forget that we EXIST in their corrupted version of America.
Babushka Yellen Yenti never been to the grocery store in the past 4 years
Yellen another demented old fool that should have retired many years ago!!!!!
Another jew sayanim. This one looks like a female garden gnome.
Inflation is always and everywhere a monetary phenomenon in the sense that it is and can be produced only by a more rapid increase in the quantity of money than in output.
— Milton Friedman
https://fred.stlouisfed.org/series/GFDEBTN/
Who actually has “the power of the purse”?
Birds fly. Fish swim. Jews lie. – Russian proverb
Got a reference for that quote?
I just searched the internet and the only other occurance of that quote is from you, on another TBP article on June 12.
Who needs a reference if it’s true.
Came up for me? You and your fellow mo’s at Unit 8200 need to dig deeper Hymie. You guys have done a poor job of scrubbing it from the web
We chews stole 40% of your buying power over the last 4 years, we promise to steal only 2% next year. We promise.
Jooish women don’t cook. They only pass through a kitchen on their way to the garage. She MAY have noticed the price increases in the upscale restaurants where she dines daily.
The Fed only sees what they want to see.
Good to know. I must be fucking up in a big way when I shop. I’ll let the fat, masked, bottled blond Yellen twat do my shopping for me.
My trips to the food store of late are damned near double for the same items (when available) as what they cost last year. $150 for one of the small carts filled fairly full. Not a lot of meat, mostly burger, some shitty produce, & whatever’s on sale. Chicken costs more than London Broil (a cheap cut at one time) now. Tuesdays & Thursdays there’s about to expire beef with blue tags at about 1/2 price. What a fucking bargain if you can get it into the freezer before it starts to stink.
highwaymen wear masks
deicidal cursed
After a 35% price bump favorite brand of biscotti cookies now has 4 fewer cookies,and they are smaller. The new selling point is that each cookie is now only 100 calories. How’s that for brass balls?