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John Duarte: “America was printing about a billion dollars, a trillion…”

Featuring: John Duarte, Republican | Former U.S. House, California, District 13

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The 13th Congressional District w/ John Duarte

Published | Video Starts at 45:06

No, it's exactly right. And you know, Simon, the other thing we're dealing with is four years ago, America was printing about a billion dollars, a trillion dollars a year. And about half of that trillion dollars a year was going to the Federal Reserve and being bought up in what's called quantitative easing. (45:06–45:11)

CLAIM

Asserts that America was printing about a trillion dollars a year.

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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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