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Bernanke was the more skillful liar.

MGLICKERMGLICKER Posts: 7,995 ✭✭✭
in Precious Metals
Yellen just stated that the inflation rate was well below their target. The target is 2 or 2.5%.

Absolutely no one on the congressional panel is questioning that fallacy.

Comments

  • DrBusterDrBuster Posts: 5,375 ✭✭✭✭✭
    She's fumbling a bit, seems nervous maybe in the first grilling.
  • bluelobsterbluelobster Posts: 1,220 ✭✭✭


    << <i>Yellen just stated that the inflation rate was well below their target. The target is 2 or 2.5%.

    Absolutely no one on the congressional panel is questioning that fallacy. >>




    Lying, because you apparently think there is run away inflation?

    Hyperbole?

  • rickoricko Posts: 98,724 ✭✭✭✭✭
    I believe the bureaucrats only tell the truth when it is totally undeniable - and then they try to spin that....Cheers, RickO
  • DoubleEagle59DoubleEagle59 Posts: 8,293 ✭✭✭✭✭
    Yellen to the rescue.......




    image
    "Gold is money, and nothing else" (JP Morgan, 1912)

    "“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)

    "I only golf on days that end in 'Y'" (DE59)
  • MGLICKERMGLICKER Posts: 7,995 ✭✭✭


    << <i>

    << <i>Yellen just stated that the inflation rate was well below their target. The target is 2 or 2.5%.

    Absolutely no one on the congressional panel is questioning that fallacy. >>




    Lying, because you apparently think there is run away inflation?

    Hyperbole? >>



    Certainly not runaway.....yet, though the stage has been set.

    No way are we well below 2.5%.
  • ebaytraderebaytrader Posts: 3,312 ✭✭✭


    << <i>

    << <i>

    << <i>Yellen just stated that the inflation rate was well below their target. The target is 2 or 2.5%.

    Absolutely no one on the congressional panel is questioning that fallacy. >>




    Lying, because you apparently think there is run away inflation?

    Hyperbole? >>



    Certainly not runaway.....yet, though the stage has been set.

    No way are we well below 2.5%. >>



    We 're below 2.5% inflation if you don't count anything that goes up in price.

    As far as lying goes, it's being done with impunity by this regime.

    Here's Clapper lying thru his teeth to a Senate committee

    Any repercussions to the lying? Nope. Expect more.

    TPTB have it in for us. Too bad 51% don't see it coming. Suckers. image
  • roadrunnerroadrunner Posts: 28,303 ✭✭✭✭✭
    If one looks at yoy Dec 2012 to Dec 2013 the published rate was 1.5%....well under 2%. There hasn't been a yoy change higher than 2.0% since November 2012. They can certainly find the appropriate stats to support
    their theory. But just don't look at M0, M1 or M2 over the past 5-18 years.

    BLS CPI
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • OnlyGoldIsMoneyOnlyGoldIsMoney Posts: 3,356 ✭✭✭✭✭
    The skill will develop with experience.
    NO END IN SIGHT LIB $2.50'S CAC ONLY
    https://www.pcgs.com/setregistry/gold/liberty-head-2-1-gold-major-sets/liberty-head-2-1-gold-basic-set-circulation-strikes-1840-1907-cac/alltimeset/268163
  • cohodkcohodk Posts: 19,069 ✭✭✭✭✭
    Lets hope she destroys the worlds financial system so we'll all be rich, rich, rich!!! image
    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • MGLICKERMGLICKER Posts: 7,995 ✭✭✭


    << <i>Lets hope she destroys the worlds financial system so we'll all be rich, rich, rich!!! image >>



    After we divvy up the $4,000,000,000,000 in fresh notes, I guess we will all be paper rich. We will get a lot poorer though when we visit the grocery store.
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