THREE YEARS after insisting inflation was transitory, Yellen finally admits she was wrong as inflation continues to persist.
by Jamie White
Info Wars
Biden Treasury Secretary Janet Yellen expressed regret for advancing the false talking point that inflation in the U.S. was “transitory.”
After first proclaiming in 2021 that inflation was a “transitory” phenomenon, Yellen finally admitted Wednesday on Fox Business that she was wrong about inflation as it continues to persist in America.
“I regret saying [inflation] was transitory,” Yellen said. “It has come down, but I think transitory means a few weeks to months to most people.”