And that graph totally correlates with what's happened in the equity markets, why housing's overvalued, why the credit markets are in a bubble because they pumped so much money. And you can see the straight line. We never could increase the money supply in the history of this country like we did from COVID. And it just exploded. They tried to bring it back and now they're back up, growing the money supply. What's going to determine what the Fed does, and I'm coming to my end is AI. (1:07:15–1:07:23)
CLAIM
Asserts that the increase in money supply during COVID was unprecedented in U.S. history.
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.
