Biden’s Economics: Jerome Powell Fears Long-Lasting Inflation

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2 years ago
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watching the watchers bidenflation inflation silent tax inflation is taxation economy

President Biden’s economic advisers move the goalposts on inflation and we look at the varying predictions for the American recovery in the coming years. ​

And more! Join criminal defense lawyer Robert F. Gruler in a discussion on the latest legal, criminal and political news, including:​

🔵 New economic numbers and public polling results lead many to fear rising inflation across the country.​
🔵 We rewind back to a July 8th press briefing with Biden Deputy Director of the National Economic Council Sameera Fazili.​
🔵 Ms. Fazili reassured the press that inflation would be temporary and resolve itself in a matter of months to weeks.​
🔵 However, Federal Reserve Chairman concedes anxiety about higher inflation is real but resists a change in policy.​
🔵 Cecilia Rouse, Biden’s 30th Chair of the Council of Economic Advisers, quietly releases article comparing the pandemic recovery to post-WWII recovery, which last years.​
🔵 Is the White House meeting with Larry Summers to address inflation concerns, or for other reasons?​
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