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. So we'll see what happens. I mean, you're telling me he's going to quit? I hope he quits. (09:15–09:21)
CLAIM
Asserts that the U.S. should be three points lower in interest rates, saving approximately a trillion dollars.
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.
