Biden Treasury Sec. Janet Yellen Says ‘The USA is Doing Extraordinarily Nicely, Economically’ (VIDEO) | The Gateway Pundit

Joe Biden’s Treasury Secretary Janet Yellen just lately claimed that the USA is doing ‘extraordinarily properly, economically.’

Is she seeing a actuality that the remainder of the nation doesn’t find out about? Meals and gasoline costs are nonetheless ridiculously excessive and hundreds of thousands of Individuals are struggling to get by.

She additionally claimed that inflation is falling. That might be information to a number of individuals.

Newsmax stories:

Yellen Doesn’t Foresee a Downturn in US Financial system

U.S. Treasury Secretary Janet Yellen on Tuesday mentioned she remained vigilant to draw back dangers dealing with the worldwide financial system, given Russia’s ongoing battle in opposition to Ukraine and banking pressures, however the general outlook was “fairly brilliant.”

Yellen, talking at a information convention, pushed again in opposition to warnings by the Worldwide Financial Fund of larger dangers related to extreme monetary tensions.

“I wouldn’t overdo the negativism in regards to the international financial system,” Yellen mentioned, when requested a few barely trimmed IMF international development forecast for 2023 which warned {that a} flare-up of economic system turmoil might slash output to close recessionary ranges. “I feel we needs to be extra optimistic.”

Yellen mentioned she had not seen proof suggesting a squeeze in credit score after two U.S. financial institution failures final month, though that was a chance. She mentioned the U.S. banking system remained sound, with robust capital and liquidity positions, and the worldwide monetary system is resilient as a result of important reforms enacted after the 2008 monetary disaster.

“The U.S. financial system is clearly performing exceptionally properly with continued strong job creation, inflation regularly shifting down, strong shopper spending,” she mentioned. “So I’m not anticipating a downturn within the financial system, though, after all, that is still a threat.”

See the video under:

The Biden administration will not be dwelling in the identical world as common Individuals.

That is proof.

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