Imgflip Logo Icon

Yellen Always Wrong

Yellen Always Wrong | INFLATIONS IS:; A. TRANSITORY
B. ON THE DECLINE
C. NOT CAUSED BY PRINTING MONEY
D. NONE OF THE ABOVE; I'M NOT A VERY SMART MAN
BUT EVEN I KNOW
THE ANSWER IS "D" | image tagged in inflation | made w/ Imgflip meme maker
1,082 views 42 upvotes Made by CraigThompson 2 years ago in politics
6 Comments
3 ups, 2y
made w/ Imgflip meme maker
2 ups, 2y,
1 reply
Inflation can be caused by printing money if they don't remove the same amount of money to balance it. Though our current inflation is caused by gas prices and supply chain issues.
3 ups, 2y
So do you think the "Inflation Reduction Act" is going to reduce inflation by spending more money?
[deleted]
1 up, 2y
Only Washington can print money. So only the government can cause inflation. ~ Milton Friedman
1 up, 2y
made w/ Imgflip meme maker
1 up, 2y
Jackie Chan Confused | I DON'T UNDERSTAND DEMOCRATS. THEY ACTUALLY DO KNOW THAT PRINTING MONEY CAUSES INFLATION.  BUT RATHER THAN STOP PRINTING THEY COME UP WITH A | image tagged in jackie chan confused | made w/ Imgflip meme maker
It's called Modern Monetary Theory and many of the leading MMT economists have expressed concern about inflation. But they were told that Congress would pass some kind of law to stop inflation. Congress cannot fix a continually devalued dollar.
Created with the Imgflip Meme Generator
EXTRA IMAGES ADDED: 2
  • Janet Yellen.jfif
  • Inflation.jfif
  • gump.webp
  • IMAGE DESCRIPTION:
    INFLATIONS IS:; A. TRANSITORY B. ON THE DECLINE C. NOT CAUSED BY PRINTING MONEY D. NONE OF THE ABOVE; I'M NOT A VERY SMART MAN BUT EVEN I KNOW THE ANSWER IS "D"