Gage Skidmore via Flickr

Federal Reserve Board Chairman Jerome Powell humiliated Joe Biden on Wednesday after he debunked the 79-year-old politician’s false claim that higher gas prices are due to “Putin’s price hike.”

The Daily Caller reports:


Testifying before the Senate Banking Committee, Powell was asked about the inflation crisis by Republican Tennessee Sen. Bill Hagerty.

“I realize there are a number of factors that play a role in the historic inflation that we’re experiencing: supply chain disruptions, regulations that constrain supply, we’ve got rising inflation expectations and excessive fiscal spending, but the problem hasn’t sprung out of nowhere,” Hagerty said.

“In January of 2021, inflation was at 1.4%. By December of 2021, it had risen to 7% — a fivefold increase.”

“Since the war in Ukraine began in late February, the rate of inflation has risen incrementally another 1.6% to a current level of 8.6%,” he continued. “Given how inflation has escalated over the past 18 months, would you say that the war in Ukraine is the primary driver of inflation in America?”

Powell responded with, “No. Inflation was high before, certainly, before the war in Ukraine broke out.”

That debunks Biden’s false claims trying to pin the failures on Putin:




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John Vocht
John Vocht
1 month ago

Joe Biden needs to be humiliated !
He is a card carrying Communist !

nancy
nancy
1 month ago
Reply to  John Vocht

…..and a PUTZ!

JimN
JimN
1 month ago
Reply to  nancy

Shmuck. Doesn’t the old fool humiliate himself enough on his own without outside help to point it out?

robert e williams
robert e williams
1 month ago
Reply to  John Vocht

Every one knew that who wanted him in office. Look at the ones before “TRUMP” and see who is telling him how to ruin the country. OBO and KILLARY.

Dinkus
Dinkus
1 month ago
Reply to  John Vocht

This man humiliated, please, such nonsense. After 8 years of standing, watching, listening to BHO’s lies, Brandon has no pride, no shame. Just a greedy, selfish, perverted, evil, old man.

Lei
Lei
1 month ago

Good job! Biden is quasi-Communist and Blinken is 100% Communist.

Sara
Sara
1 month ago

greats