PolitiQuote

Discover video-sourced quotes by politicians

John Duarte: “Today we've got quantitative tightening.”

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

Watch on YouTube

The 13th Congressional District w/ John Duarte

Published | Video Starts at 45:41

And so America was floating about half a trillion a year into the real debt markets. Right. People in countries actually buying our bonds and waiting for their returns. Well, Today we've got quantitative tightening. The Federal Reserve is shrinking the balance sheet. That means they're selling about half a trillion dollars worth of our bonds a year. That's going into the market, not out of the market. (45:41–45:45)

CLAIM

Asserts that the Federal Reserve is currently engaged in quantitative tightening.

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.


John Duarte

Discover more from

John Duarte

Report A Transcription Error

Please report any error in the automated transcription.

About PolitiQuote

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.

PolitiQuote is a service of Gigafact Foundation, a nonpartisan nonprofit advancing facts and information transparency, community by community.

Visit gigafact.org to learn more.