Because the Fed creates the money, they dramatically increase the size of the money supply. And you have all this cash that was created. In fact, 40% of the money that circulates in the economy today was printed in the last two or three years. All that cash circulating through the economy, chasing the same number, same supply of goods and services in the economy. So more cash, fixed number of goods and services, you're going to get inflation. (14:28–14:33)
CLAIM
Asserts that 40% of the current money supply was created in the past two to three years.
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.
