Biden Treasury Secretary Janet Yellen hit back at criticisms of Bidenflation, claiming that she personally doesn’t see sticker stock while at the grocery store - which is actually believable in her case.
Yahoo Finance’s Jennifer Schonberger asked Yellen if she’d been to the grocery store recently, to which she replied that she goes every week.
“It’s sticker shock, isn’t it? Just when you look at shipping costs, those have come down, global food commodity prices have also come down, but food prices still remain high. Should the U.S. invest in agriculture to boost the food supply in this country?” Schonberger asked - with Yellen replying “no” before she would even finish the question.
Yellen has a net worth of $20 million (for reference, $11.6 million is the threshold to be in the top 1% for net worth).
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