Janet, Secretary of the Treasury

Yellen Says Funding Ukraine War is Good for Economy

I’ve always heard that war is a money racket. That’s why there are so many warmongers in Congress. It’s a massive way of making money and that’s exactly what the Biden administration just confirmed to us through Janet Yellen.

The war between Ukraine and Russia has been ongoing since 2014. The global economy has been affected by the conflict, with food and fuel prices soaring. Janet Yellen, the United States Treasury Secretary, has said that redoubling financial backing for Ukraine is the single best way to aid the global economy. In addition to this, she also believes that boosting emerging economies and tackling debt distress also have a role to play.

Yellen believes that the only way to end the conflict is to provide financial support to Ukraine. Biden has hired some real winners. On November 30, 2020, then-President-elect Joe Biden nominated Yellen to serve as secretary of the treasury; she was confirmed by the U.S. Senate on January 25, 2021, and took office the next day.

How many billions have we given to Ukraine to date? I have lost count.

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