This is the shit I woke up to this morning: A jump of almost 35 cents in less than a week.

And then we have this effing genius:

In an interview with CNN, Yellen was shown previous remarks she’d made last year where she indicated there would only be a “small risk” of inflation, and that it would be “manageable.”
In response, Yellen said, “Well, look, I think I was wrong then about the path that inflation would take.”

“As I mentioned, there have been unanticipated and large shocks to the economy that have boosted energy and food prices, and supply bottlenecks that have affected our economy badly, that I didn’t at the time didn’t fully understand.

Treasury Secretary Janet Yellen admits she was ‘wrong’ about inflation (nbcnews.com)

I am so hard trying to believe that we are in this shit because we are being run by idiots and it is not a conspiracy to bring us down, but at the end, it does not matter, we are the ones getting shafted and they do not care.

Come November, we will figure out what kind of irrigation the Tree of Liberty is going to get in 2023.

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By Miguel.GFZ

Semi-retired like Vito Corleone before the heart attack. Consiglieri to J.Kb and AWA. I lived in a Gun Control Paradise: It sucked and got people killed. I do believe that Freedom scares the political elites.

9 thoughts on “While the White House is distracting you with “Moar Gun Control! For The Children!””
  1. I sincerely hope your optimism is correct. History however doesn’t support it…unfortunately. They are not idiots or not unintelligent and know exactly what they are doing. But what they do not know, is the level of fight and resistance that will result from what they have planned and implemented. I believe they will err on the side of a very serious extreme fight, for which they will have a global answer for. They will never give back what they stole. They paid far too much for it.

    1. I used to think – Are they really that stupid, or are they doing this (whatever it is) on purpose.

      I’ve come to believe it’s both.

  2. I went to get gas in the car. Checked in on gasbuddy, found the Exxon near me at $4.39, reported within the hour. Got there it was $4.45. Ended up going to Tom Thumb, where for some reason it was $4.18, and I had $.40/gal points. When I passed back by the Exxon, it was $4.49. So nearly 10 cents in an hour.

    I noticed that within an hour of a price increase, all the stations around, no matter the brand, match it. On the flip side, when it goes down they generally match as well.

  3. Metro Detroit MI – $4.79 yesterday…haven’t been out yet today to check. Most of the country will be above $5/gallon by next weekend.

    I’m wondering if the news that OPEC has agreed to increase their output will have any affect on gas prices, at least stop the upward climb.

  4. So… Yellen admits she was wrong about inflation.
    .
    One would think the Sec of the Treasury would… oh… I do not know… maybe have a Plan B, just in case some of the assumptions were not valid? You know, just in case inflation did continue to rise, despite her hiring on as many LGBTQWERTY+ people as possible.
    .
    I guess not.

    1. Just remember: in spite of what some will claim, Economics is NOT a science. Simple test: if for a given academic discipline your political leanings matter, it’s not a science. One speaks of “democratic economists” or “conservative economists”; one never speaks of physicists that way.

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