It's so fantastic. The latest #blueanon deflection is a mega wide Teflon tennis racket encompassing 1. If you talk about inflation then you don't understand economics 2. If you talk about U.S. inflation then immediately deflect to global and EU inflation.
It's almost like Janet Yellen didn't stand in front of a camera and tell us that, welp, she completely missed it. We're just supposed to forget that the Biden administration told us 13 months ago that this was absolutely 1000% dead solid transitory in nature and by this time inflation will have abated. Then we had/have the Putinflation deflection.
Not a soul didn't think that emerging from some of the ridiculous lock downs (and sadly now featuring more ridiculous and purposeful lock downs that don't have anything to do with Covid protections in China) that there wouldn't be a degree of inflation and a lean towards over heating of the economy.
There's lots that could be said, but I just take solace in the fact that Joe Biden's redomestication team is still meeting, having conferences and round tables and writing white papers and reports. They're task forcing the eff out of this thing and they're going to come up with some stuff here real soon.
Stay tuned for the Joe Biden's (man of no principals) cucks to the Saudi's tour . . . for starters.
