San Fran Fed Chair Explains That There’s no Recession

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Good news, there is no recession, peasants. What we are living through is only a supply and demand problem. We don’t know what isn’t supplied or what people demand, but we must accept the word of the San Francisco Fed Chair. She’s an economist!

We understand if you feel you are living in the old Soviet Union with Stalinist news.

During a Face the Nation appearance on Sunday, San Francisco Fed Chair Mary Daley told host Margaret Brennan, “What I see is supply and demand are just unbalanced. About 50% of my own staff’s estimates of the excess inflation we see is related to demand. The other 50% to supply.”

Supply and demand of what? She isn’t talking energy. We have a supply and demand problem due to the government collapsing our energy sector, but that isn’t what she is suggesting.

The administration is still pretending it’s a supply and demand issue, among other reasons, but not including the annihilation of our energy sector.

Daley said the entire world is experiencing inflation. That’s due to the sanctions mostly.

According to Daley, it’s not a recession; it’s inflation.

Don’t worry; they’re working on it.

They have gas prices down thanks to our Strategic Petroleum Reserves. It’s usually for emergencies. Emergencies don’t normally include Democrat political tricks to fool the citizenry.

Due to the draining of oil reserves bringing gasoline prices down, July inflation numbers will look better.

However, that will be temporary. The food inflation has just begun. With the new planting season, the extraordinary price increases will only hit in August or September. We hadn’t experienced real inflation because the farmers had finished the growing season when food inflation hit due to the shortage of fertilizers and insecticides and the high prices that result from the shortage. Watch:


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GuvGeek
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GuvGeek
1 year ago

The Government Definition of Recession has always been wrong. Recession is a lack of buying power. If your buying power is reduced by 5% that’s Recession. If it is reduced by 20%, that’s Depression. We have seen over a 25% decrease in Buying Power since Traitor Joe took Office. Many Families are now experiencing the Great Depression where you can’t put 3 square meals and the Table or afford a roof over your head.

Harrison Pendleton
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Harrison Pendleton
1 year ago

The crypt-keeper is making excuses for the dummy board named Joe Biden. Americans see that crypt-keeper’s recession shyyyt quite differently. NO GROWTH= RECESSION

Last edited 1 year ago by Harrison Pendleton
Tim Shep
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Tim Shep
1 year ago

Where do they find these people? Have all the dimocrat socialists been indoctrinated by the communist manifesto? They are just preaching to their sycophants and low-information voters. Most Americans aren’t buying this political Bull S**t.

The Prisoner
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The Prisoner
1 year ago

It is complete disinformation by a corrupt person on a corrupt network.

It’s sophistry. These are the people who defined recession as a negative growth situation. Excuses such as supply, demand, … do not affect the definition. This is a tell tale sign of a liar.

We are waiting for an upcoming article from Reavill, which no one will want to read, saying there is no recession, using government statistics, sophistry, and not citing the negative growth.

Adonis
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Adonis
1 year ago

New definition of “dumb” in fake finance.