Yellen finally admits the obvious which the Fed still has to do: She was wrong on inflation.

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The best part is she’s not some mook on Twitter trying to debunk a conspiracy theory. She was appointed to be in that position over thousands of other candidates and it’s her literal job and career to recognize and analyze these factors. And still somehow managed to fuck it up (and if it was her job to lie about it, she’s terrible at that too).


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