Yesterday Secretary Janet Yellen spoke on the subject of inflation & apologized about her previous comments on the subject. She said “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 I, at the time, didn’t fully understand.” Well…that’s TOTAL BULLSHIT. Ignorance is NOT innocence…and there is no excuse for incompetence in the position that she or any of the rest of the elite are in. They do not care about you. They just don’t.
Even still, these statements have been met with mixed reactions – with many people even saying they “respect her” for admitting she was wrong. But here is my question…did she really believe she was right in the first place? Or is she just only now pretending to see the error of her ways, now that the writing on the wall is more readable than ever? I firmly believe it is the latter. I also question the competency of anyone who doubts that she is lying now, just as she was lying then. The system is broken and they have no incentive to fix it. That’s why Bitcoin exists in the first place.
It’s not the first time ( or the last I assure you ) that a politician plays the blame game on themselves to cover up blatant criminality. After the 9/11 terrorist attacks in 2001, then President George Bush Jr famously said in response to questions about why the attack wasn’t stopped – “We couldn’t imagine – at least anyone in our government couldn’t imagine – flying airplanes into buildings”. Well, that was a big lie. The cover of the FEMA emergency preparedness manual from 1999 literally has a picture of planes flying into buildings. The FBI and secret service were well aware of attacks using hijacked airplanes & the number of things that don’t add up about the entire event is staggering. But that’s not what this blog post is about – just an example of what another fake apology sounds like.
Janet Yellen knew full well what was coming to the economy & so did everyone in DC and everyone who pays even a little bit of attention to what’s been going on. The monetary system is designed ( and inflation as an ‘invisible tax” even doubly so ) to keep the average person in debt slavery, for life. To take away every last bit of sovereignty and freedom you might have transfer it to themselves, in perpetuity. Put plainly they just do not want the competition.
For Yellen to say she “didn’t fully understand” is a complete fabrication of reality. It’s her job to understand. Yet, she misled the American people knowing full well that inflation would continue to be a huge problem. The problem with conventional currency ( fiat ) is that it is COMPLETELY controlled by central banks. These central banks CAN NOT be trusted to resist the urge to debase the currency – and that is why no one in their right mind would trust them – or anyone in cahoots with them.
Not even when they “apologize”.