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De Omnibus Dubitandum - Lux Veritas

Thursday, March 10, 2022

Socialist crook running Argentina praises Jen Psaki's grasp of inflation

December 18, 2021  By Monica Showalter

When the leftist clowns running Argentina starts praising you for your monetary chops, maybe it's time to change course.

This actually happened:

Here's the Google Translate:

Listen to it carefully. [Psaki] is not Argentine and much less a Peronist. She is the spokesperson for the US Government explaining the reason for the increase in prices, especially meat, that American consumers also suffer. "The greed of the meat conglomerates." Plop!

Kirchner was referencing a comment made by White House spokeweasel Jen Psaki, who blamed inflationary rises in meat prices on the "greed" of corporations rather the hard Economics 101 fact that inflation is a problem of too much money in the system (which can be brought on by monster government spending) chasing too few goods in the economy. "Inflation is always and everywhere a monetary phenomenon..." as Milton Friedman taught in that fierce unyielding way of his............. To Read More...

 Editor's Note:  Please take some time and review My Argentina File, which goes back to 2012.  RK

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