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Eric Hovde: “That debt has to be monetized by the Federal Reserve.”

Featuring: Eric Hovde, Republican | Former Candidate, U.S. Senate Wisconsin

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Just Facts - Inflation - Eric Hovde for U.S. Senate

Published | Video Starts at 00:40

It's real simple. Joe Biden and his Democratic allies, like Senator Baldwin, spent ungodly amounts of money and racked up trillions of dollars in debt. And as a result of that, That debt has to be monetized by the Federal Reserve. This is unsustainable. It's hammering middle income and lower income people, and particularly our elderly, that rely on fixed incomes. Dealing with inflation and trying to correct this problem will be one of my top priorities. (00:40–00:45)

CLAIM

Asserts that the Federal Reserve is monetizing the national debt.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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