Originally Posted by vtec to vvel

https://www.cnn.com/2023/04/15/econo...end/index.html

"Yellen on how the US can bring down inflation while maintaining a strong job market."

This b!tch is totally clueless, maybe even as much as, if not more, than Brandon.

"'We’re seeing those supply chain bottlenecks that boosted inflation, they’re beginning to resolve,” she said. “We had big shifts in the way people live and low interest rates, and housing prices rose a lot. Now, housing prices have essentially settled down.'"

Housing prices have NOT settled down. Home prices may have come down from the ever-inflated prices during COVID, but they are still well-above the pre-pandemic levels. And guess what? We are still experiencing a severe shortage of homes - about 15 years of underbuilding of homes, so this issue is not going away anytime soon.