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Andy Biggs: “We have colleagues... who believe in modern monetary…”

Featuring: Andy Biggs, Republican | U.S. House Arizona, District 5

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Published | Video Starts at 06:36

But when we talk about the limitation on the money pie, of course in a good world the economic pie continues to grow. But what I wanted to really get to is We have colleagues... who believe in modern monetary theory... that there really is no limit to this piece of [money]. And all that we have to do is print money or actually make the electronic entries into our Federal Reserve System to make money widely available and that won't have any negative implication. (06:36–06:47)

CLAIM

Asserts that some colleagues in Congress support modern monetary theory, which suggests no limit to money creation.

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