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Howard Lutnick: “The only tool that you really have to break inflation is to…”

Featuring: Howard Lutnick, Secretary of Commerce | National

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Howard Lutnick on CNBC - Donald Trump Transition and Policy

Published | Video Starts at 03:54

To great. To deal. To try and narrow the deficit. What are the differences? Okay, there's only one way to break inflation, okay. And that is to bring down energy costs. The only tool that you really have to break inflation is to bring down energy costs. that. You have to stop printing money. God knows you have to stop printing money because we all know where inflation comes from, Right? (03:54–03:59)

CLAIM

Asserts that reducing energy costs is the only tool to break inflation.

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