But it's not the store, it's the government. The government has reduced the value of money and as a result, prices rise. So By reducing waste and fraud will essentially make the economy more efficient and will shift people resources from the government to the private sector. And that will result in an increase in the output of goods and services. And so the average standard of living will therefore rise. (1:04:44–1:04:57)
CLAIM
Asserts that reducing waste and fraud will make the economy more efficient and shift resources to the private sector.
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.