It means it's created by money printing. Why is the Federal Reserve been printing money? Because they had to buy all the debt that we've been issuing at the federal government level. So The more deficit spending you do, the more the Federal Reserve has to buy that debt and then create money supply. And that is the essence of inflation. Too much money chasing the same amount of goods and services. (05:50–06:01)
CLAIM
Asserts that increased deficit spending forces the Federal Reserve to expand the money supply.
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.
