This is the most incompetent group of managers that I have ever seen...Yellin didn't see the inflation coming. They didn't see the gas prices exploding. they didn't see Putin as going into Ukraine. They didn't believe Afghanistan would fall so fast...maybe the issue is age. Maybe we need younger people that can finish a coherent sentence!!!!


"Yellen in March 2021 said inflation posed only a "small risk." Two months later, she said she didn't anticipate inflation would "be a problem." Earlier that spring, Biden signed his $1.9 trillion COVID-19 rescue plan into a law, providing a boost in spending that his critics blame for accelerating inflation.
"As I mentioned, there have been unanticipated and large shocks to the economy that boosted energy and food prices, and supply bottlenecks, that have affected our economy badly that I, at the time, didn't fully understand," Yellen told CNN. "But we recognize that now."

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'I was wrong': Treasury Secretary Janet Yellen concedes she misread threat of inflation

Janet Yellen's comment was the most direct concession yet from the Biden administration that officials failed to grasp the threat of inflation.