Yellen be wishin' she didn't be talkin' 'bout inflation bein' a mere passing fancy! Arrr!
2024-03-13
Arrr mateys, the Treasury Secretary Janet Yellen be takin' back her words like a scallywag walkin' the plank! She be admittin' she shouldn't have called inflation "transitory." Methinks she be wishin' she could turn back time like a cursed piece o' eight!
Avast ye scallywags! The lass known as Treasury Secretary Janet Yellen be admitting her mistake in callin' inflation 'transitory' in the year of our lord 2021. Aye, she be speakin' in the tongue of the land lubbers, sayin' that the term be meanin' a short time to most folks, not the long haul that be happenin' now.The lass be takin' responsibility for her words, admittin' that the price surges be lastin' longer than she first thought. The Federal Reserve and Biden administration be usin' this term to explain away the high prices caused by the pandemic, but now they be singin' a different tune.
It be a right shame that the lass be havin' to walk the plank and admit her error, but better late than never, says I. Let this be a lesson to all ye land lubbers out there - beware of callin' things 'transitory' when they last longer than a quick squall on the high seas!