#shorts On 4/18/2023, Kennedy questions Biden top advisor Bernstein.
Kennedy: So let me ask Dr. Bernstein a question, doc. Why did you think inflation was temporary?

Bernstein: The word, of course, transitory is what you’re referring to, and I, I, I not only believe, but I’ve said, and this is well…

Kennedy: Temporary and transitory, those are synonymous.

Bernstein: Right, yeah, those are, they’re synonyms. And okay, so tell me why, but I think transitory was simply why you thought inflation, I’m going to be accurate, why, why in, in your infinite wisdom, you thought inflation was, was, uh, transitory or temporary.

Kennedy: Well, let me be clear about what we meant at the time. And by the way, um, and this is contrary to what Ranking Member Scott said earlier. Um, I did not ever say that people didn’t understand transitory. What I said was we didn’t understand transitory. In fact, well, that’s clear. We can stipulate to that. That word means that word is temporarily ambiguous. It meant different things to some people. Meant two weeks to some people meant two years. What we meant, and let me answer your question, we thought inflation was going to accelerate and gradually cool down over time. Now, that has turned out to be, uh, in fact, the pattern that inflation has taken, but transitory was much too ambiguous. The description of that dynamic, acceleration, cooling, explosions…

Kennedy: Are you telling me that when you said inflation was transitory, you were correct?

other clips of this published longer video is here: https://youtu.be/kLQ42iVVAH4
Kennedy: Are you telling me inflation transitory, you were correct?