Jen Psaki says the quiet part out loud from time to time.
With regard to the $3.5 trillion rEcOnCiLiAtiOn BiLL (unofficially referred to as The Democrats Print Money to Get Everything They Want Act) about to get rubber stamped in Congress, Psaki says that the negotiations were “like an episode of a TV show.” She may not have intended for it to be an admission that this is all Kabuki theater. If not, it’s an unintentional double entendre and an interesting Freudian slip to boot.
The bill is said to “reduce income inequality” but printing money to reduce income inequality is like killing an unborn child and calling it healthcare.
Meanwhile, two Federal Reserve presidents are quietly resigning in the wake of separate insider trading scandals. Neither are being held accountable for anything because there’s no rule against Federal Reserve presidents enriching themselves by making money printers go brrrr.
If there was, it would defeat the entire point of printing money.
This is EPISODE 767 of So to Speak w/ Jared Howe!