So what we're going to see, just like we've seen the last few years because Joe Biden and Tammy Baldwin has supported him all the way, is racking up all this debt. The Federal Reserve's balance sheet shot straight up [due to debt monetization]. 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. (02:24–02:29)
CLAIM
Asserts that the Federal Reserve's balance sheet increased significantly as a result of debt monetization.
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