Fed’s Jerome Powell Blames Americans Not Getting Vaccinated Enough for His Inflation Crisis
‘That didn’t happen for a range of reasons’
Jun 29, 2022 7:00 PM
By Grabien Staff
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EXCERPT:
POWELL: "Yeah. You know, I'd go back to the same thing really, which is what did we -- what did we get wrong? And that really was looking at these supply side issues and believing that they would be resolved relatively quickly. And that -- by that I mean, there was going to be there -- there were going to be vaccinations, everyone would get vaccinated. So the millions of people who dropped out of the labor force would come right back in. So wages wouldn't be under such pressure. That didn't happen. For a range of reasons it didn't happen.”
