Tell him what he should say once a month. Because they got it wrong. The Fed got it wrong. I call him too late. He's always too late. Every point costs us $360 billion. Think of that. And we should be three points. That's almost a trillion dollars, approximately a trillion dollars less. We should be just with the signing of a piece of paper. (09:09–09:15)
CLAIM
Asserts that each point of interest rate costs the U.S. $360 billion.
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.
