Fiat Idiot (Janet Yellen)
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In this video, I cover Janet Yellen's extremely poor track record, as well as her ignorance of basic US economic numbers.
Yellen has had a long and illustrious career as a fiat grifter, living off of universities and think tanks, being chair of the Federal Reserve and US Treasury Secretary, and never getting fired even after making one wrong financial prediction after another.
It's terrifying to think that the US economic ship is being piloted by incompetents like Janet Yellen and Jerome Powell.
Bitcoin remains the best hedge against the kind of fiat stupidity displayed by Yellen and Powell.
Not investment advice! Consult a financial advisor.
Janet Yellen:
https://en.wikipedia.org/wiki/Janet_Yellen
Fed's Yellen expects no new financial crisis in 'our lifetimes':
https://www.reuters.com/article/us-usa-fed-yellen/feds-yellen-expects-no-new-financial-crisis-in-our-lifetimes-idUSKBN19I2I5
Boy was she wrong:
https://en.wikipedia.org/wiki/September_2019_events_in_the_U.S._repo_market
https://en.wikipedia.org/wiki/2020_stock_market_crash
Janet Yellen has made at least $7m from speaking fees:
https://www.theguardian.com/business/2021/jan/01/janet-yellen-speaking-fees-us-treasury-secretary
Yellen ‘Feeling Very Good’ About Soft Landing For US Economy:
https://twitter.com/LiveSquawk/status/1700971786366767476
U.S. can ‘certainly’ afford military support to both Israel and Ukraine, Janet Yellen says:
https://www.cnbc.com/2023/10/16/us-can-certainly-afford-military-support-to-both-israel-and-ukraine-janet-yellen-says.html
https://twitter.com/WallStreetSilv/status/1713917340855767369
Janet Yellen doesn't know basic economic numbers:
https://twitter.com/stackhodler/status/1714250633291686023
US debt/GDP chart:
https://fred.stlouisfed.org/series/GFDEGDQ188S
US debt clock:
https://www.usdebtclock.org
US debt interest costs skyrocketing:
https://fred.stlouisfed.org/series/A091RC1Q027SBEA
Paul Volcker:
https://en.wikipedia.org/wiki/Paul_Volcker
I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos. My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.
#Bitcoin
#yellen
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