You know, we're doing so well even without the rate cut. With the rate cut, it would be better. It affects our housing a little bit. Look, we should be three points lower. Each point is $360 billion. Can you imagine that? That's big numbers. Each point, one point of cut is the equivalent of $360 billion in savings. That's big stuff. You know, those are big numbers. In the us everything's big. He should cut. A smart person would cut. You know, he leaves very soon, so it's like one of those things. (37:16–37:30)
CLAIM
Asserts that each point of rate cut is equivalent to $360 billion in savings.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
