Yellen’s Legacy Remembered as “Clueless”

Janet (Mrs. Doubtfire) Yellen will finally step down from her role as Treasury Secretary in January (thank God). And whose legacy will be remembered as clueless.

 

In a nutshell, Yellen is proof that the establishment is completely clueless when it comes to the lives of the average citizen.

Example:

 

“People are better off than they were pre-pandemic,” Yellen touted on national news last week.

 

But from a more accurate standpoint she probably meant to say “politicians” rather than people are better off.

 

Mr. Yellen insisted that inflation was under control…proving she is completely out of touch.

 

 

 

 

And she even denied the prevalence of food inflation saying:

 

“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, most likely does not go grocery shopping like the average American.

 

Ironically (or NOT) she advocated centralized agriculture.

 

And yet, Mrs. Doubtfire promoted every major spending package Biden signed off on.

 

 

 

 

Not surprisingly, she was the first to admit the true reason behind the Inflation Reduction Act, the largest spending package in US history, admitting it was to propel the climate change agenda.

 

“The Inflation Reduction Act is, at its core, about turning the climate crisis into an economic opportunity.”

 

And in case you forgot, Biden later admitted that the bill was never intended to reduce inflation. 

 

 

Remembered as Clueless

 

 

Are you starting to see why she will be remembered as clueless?

 

Other highlights from her “clueless” legacy include:

 

How Yellen declared that it will take $3 TRILLION ANNUALLY into 2050 for nations to meet their climate objectives.

But she never said where the money was coming from…(Hint:  you and me).

 

 

 

 

And let’s not forget how war is the #1 greatest inflationary driver.

But Mr. Yellen insisted that America could fund not one but two proxy wars.

 

And despite the endless blank checks, funding Ukraine and Israel, Yellen insisted that America has not done enough for Ukraine.

 

 

 

 

And one of our favorite “Clueless Legacy Moves” was how Yellen was an advocate for tracking all transactions above $600 to ensure not a penny went unaccounted for. (Remember that?)

 

At the same time, Yellen praised the Biden-Harris regime for “giving the Internal Revenue Service the resources that they need to close what is estimated over the next decade to be a $7 trillion tax gap.”

 

And thanks to Bidenomics, Mrs. Doubtfire has left an utter mess for the next US Treasury secretary, Scott Bessent.

 

Needless to say, he has his work cut out for him…and our Nation.

 

In summary of her clueless legacy, Yellen is akin to the Karine Jean-Pierre of America’s financial system insofar as her job is to openly lie to the public and convince them that their reality is not as it seems.

 

So, goodbye, good riddance, and don’t let the doorknob hit you in…

 

Be sure to read the devastating effects of Yellen’s economic policies on our bond markets (HERE).

And if you haven’t dumped your government bonds by now, what are you waiting for?

 

Read more about it in our upcoming December issue of “…In Plain English” (HERE).

 

Share this with a friend…especially if they are clueless over the clueless legacy of Janet Yellen.  They’ll thank YOU later.

 

And tell them:

 

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