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Janet Yellen Calls for Wasting $78 Trillion

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With malevolent kooks like Treasury Secretary Janet Yellen in charge of our money, is there any limit to how much of it they would flagrantly waste in the name of moonbat ideology? No there is not:

Yellen said during a speech in Belem, Brazil, on Saturday that the price tag for a global transition to a low-carbon economy amounts to $78 trillion in financing through 2050.

That’s what you vote for when you vote Biden/Harris:

Yellen said that in order to achieve the goal of net-zero global carbon emissions, there would need to be $3 trillion globally in annual financing for the cause, which she said is a top priority for the Biden administration, according to the speech.

Wasting money on that scale will entail pouring it upon corrupt Third World hellholes:

Yellen vowed to finance green initiatives in developing countries through multilateral development banks and develop “clean energy technologies.”

The Yoda-like bureaucrat bleated piously about financing “pathways to sustainable and inclusive growth, including for countries that have historically received less investment.”

In accordance with Marxist principles, you earn the money so that your rulers can confiscate it and shower it indiscriminately on backward alien societies on the other side of the world that according to leftist ideology are historically oppressed.

Estimated effect on the supposedly problematic weather: zero. Estimated effect on the economy, our standard of living, and civilizational stability: incalculable. The global warming hoax is the Cloward-Piven strategy by another name.

On a tip from Wiggins.

The post Janet Yellen Calls for Wasting $78 Trillion appeared first on Moonbattery.


Source: https://moonbattery.com/janet-yellen-calls-for-wasting-78-trillion/


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