Even today, like an arsonist at the fire, Yellen makes the evidence-free claim that the slight cooling of inflation can be attributed to the Inflation Reduction Act’s “energy saving measures.” ...

Yellen can claim to be regretful because there is no price to pay. All of this is reminiscent of the 2012 episode when the entire Democratic Party mocked Mitt Romney for calling Russia a top geopolitical threat. Recall that it was around this time Biden was leading the “reset,” and Obama gave Putin whatever he asked. It was only in 2016, when it was politically expedient to pretend that Russia was stealing our democracy for Donald Trump, that Democrats apologized to Romney.

They do this all the time. Yellen isn’t fooling anyone.