Treasury secretary speaks out about struggling economy

Janet Yellen said inflation is unacceptably high.

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23 thoughts on “Treasury secretary speaks out about struggling economy

  1. We will always be struggling living under the rule of the private bankers of the Federal Reserve.
    Today, for a private banker at the Federal Reserve, one dollar can become 10 or more money credits in the dark of night, leaving us all in debt.
    We can reduce the power of the private bankers of the Federal Reserve by passing legislation to separate the banks from the operation of our national money system.
    The Sustainable Prosperity Talk Show Channel presents a simple animated presentation with an action plan for establishing a citizen owned money system in the USA. ( turn off the audio if you like, the videos have captions )
    With a money system update, one dollar will be one dollar among all citizens of the USA including bankers.
    Ideally, we develop an organized group online, and on the ground, to call for the Repeal of the Federal Reserve Act and the establishment of a citizen owned money system, and then call upon President Biden to use various Executive Orders to provide the needed legislation.
    Then, with the Presidents’ support, we would have a fair money system that supports our shared prosperity.

  2. They are buying those houses , but the way the economy is ,its gonna be more homeless people on the streets than occupants in those houses, so it's a win lose situation. Look at the end of the day, those houses are just going to be sitting there empty because the morages or the rent is going to be too high for people to live in them, so who wins at the end of the day? Lost equity on those houses for sitting so long without life in them isn't going to help is It? There is a greedy generation out there in the world but something is going to have to happen ,For The People , By The People. Everthing is going up, people are going to become stressful, start stealing more than ever, at one point and time when the gas went up, people started stealing other people's gas, breaking and entering to feed themselves, knocking elderly people or just people in general over the head and running away with their purses and wallets. Congress needs to do something to help ALL AMERICANS, ESPECIALLY THOSE THAT ARE MAKING A LOT LESS the widow's, homeless, helpless, destistute,destitute, motherless, every Americian can't work 2 jobs, for health reasons or no reasonable childcare available or no trusted adult to keep their children while working. One time help during this particular time of recession is not gonna do anything to hurt the economy any further than it already is. If Ukraine can get funds and help , from the Americian people then AMERICIA SHOULD BE TAKEN CARE OF AS WELL. No one is saying there should not be any funds going to the aide to help one in need in Ukraine, but what ABOUT THE FOOD ON AMERICANS TABLE, GAS IN THE TANK TO GET TO AND FROM WORK, HELP FOR HEALING THIS COUNTRY AND THOSE IN NEED FOR ASSISTANCE IN AREAS THAT THE GOVERMENT CAN but will not help, SENATOR BERNE SANDERS THINKS ABOUT THE POOR AMERICANS, and the Americia that is in need, Anyone that can't or won't take care of their own people is worst than an infidel. Help AMERICANS First don't you hear the American people asking?

  3. Mr Biden leader of Free World should focus on China economic supremacy growth rather than Russia rise influences
    U.S. foreign debt has exceeded the $30 trillion mark, and the U.S. GDP in 2021 will only be $23 trillion.

  4. WHERE are they getting 8.6% ?!?! Is it just what they came up with because it sounds better than 30-50%?

  5. We are moving towards what The Bible says 'War of Armageddon'.
    The Globilization. The advent of One World, One World Government, One Economy, One Global Citizenship and the advent of the Anti-Christ the one-man ruler of the world.
    And then The Grand Climax – The Second Coming of Jesus Christ – coming as The Lion and The Judge. And then The Judgement Day every single human being to face accountability before Jesus Christ The Judge.
    And then the end of fallen evil world.
    And then the eternity in hell, OR eternity in heaven through Jesus Christ which is free for all who repent of sins in Jesus.
    The Bible prophecies to fulfil.
    Bring it on.
    Until then…
    "For God so loved the world that he gave his one and only Son, that whoever believes in him shall not perish but have eternal life. For God did not send his Son into the world to condemn the world, but to save the world through him".
    John 3:16‭-‬17 The Bible

  6. According to a NY Times article, BlackRock is buying every single-family house they can find, paying 20-50% above asking price and outbidding normal home buyers. Wall Street's latest real estate acquisitions have ballooned to roughly $60 billion, representing hundreds of thousands of properties. The government has to do something about this. Otherwise regular people can't afford to live in their community.

  7. Biden is NOT doing everything he can to bring down the "prices". He is doing the EXACT opposite. The policies of the Biden Administration are what have CREATED this fiasco of an economy we are currently suffering through!

  8. Today’s inflation is also being caused by profiteering. Financial information from publicly traded companies and show that between 2019 and 2021, their average annual sales revenue increased substantially – but their costs only increased slightly. That means that 90% of the increase in revenue in 2021 was from higher profit margins. Lack of regulation, competition, and low corporate tax rates make profiteering worthwhile for corporations.

  9. We are in a recession. This is what happens when you have a treasury secretary, transportation secretary, secretary of state, a DOJ that doesn't enforce the laws and all unqualified for the jobs they are supposed to do and the president and vice president who probably are not legitimate and don't care about you because you pay for their bills.

  10. She just an old party line parrot with a bad haircut. She really deserves no credence. Once again she used "transition" and "I don't think.." It won't age well.

  11. Well, people are going to have to lose jobs in order to curb demand which would eventually lower inflation. You can't have everyone happy going to work with inflation subsiding. Can't have both.

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