The Federal Reserve's balance sheet shot straight up. They had to monetize that debt, increase the money supply that hammered everybody with inflation. Well, these inflationary surges are going to become more frequent. Inflation will come down, they'll start monetizing the debt. Within a year, year and a half, that inflation rate will explode higher. What does this eventually do? It destroys the quality of life of all Americans, particularly middle class and working class Americans, and particularly the elderly that live on fixed incomes. (02:39–02:49)
CLAIM
Asserts that after a temporary decrease, inflation will rise sharply within a year to a year and a half due to debt monetization.
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