Monday, July 29, 2024

Treasury Sec Yellen Wants $3 Trillion a Year to Save Planet


Treasury Sec Yellen Wants $3 Trillion a Year to Save Planet


It’s wonderful how no one in the Biden administration can do their actual jobs, but they’re instant experts on how to end racism through equity and save the planet by spending mindboggling amounts of money.

Treasury Secretary Janet Yellen said on Saturday that the global transition to a low-carbon economy requires $3 trillion in new capital each year through 2050, far above current annual financing, but that filling the gap is the biggest economic opportunity of the 21st century.

It is the biggest economic opportunity… just ask Al Gore who went from a failed presidential candidate to a tycoon.

Lefty special interests are tearing apart the nation’s economy and profiting massively from political scams like DEI and global warming.

None of this is creating actual value. It’s manufacturing a crisis and then making money from solutions to a crisis that does not exist. The crisis, as usual, is the crisis, and the solution is to stop falling for it.

Or we can spend infinite amounts of money to make lefty special interests even richer and the government even bigger.

“Neglecting to address climate change and the loss of nature and biodiversity is not just bad environmental policy. It is bad economic policy,” Yellen said in a speech after attending a G20 finance leaders meeting on Thursday and Friday in Rio de Janeiro.

Listening to Janet Yellen spout buzzwords and then announce that more spending is needed at whatever random global location the current globalist event is being held at has nothing to do with the environment and is bad economic policy.

Wealthy economies provided and mobilized a record $116 billion for climate finance for developing countries in 2022, 40% of which came from multilateral development banks (MDBs). Yellen said the banks, including the World Bank and the Inter-American Development Bank (IDB) were setting new targets.

Americans are getting poorer. Globalists are getting richer. That’s the real crisis.


1 comment:

Anonymous said...

lol, the fed. 3 trillion to save planet. She means 3 trillion to launder into the pockets of those pushing the evil agenda. Costs a lot of money to buy scientists. Media, Hollywood, etc.