We need to get people in Congress who will have fiscal discipline, help balance that budget, reduce the deficit at a minimum so that we can protect the value of that dollar. Because If we lose that reserve currency status, the things that we consume because we don't produce them, we won't be able to continue to consume them, and our American way of life will suffer dramatically. Yeah, you're right. Yeah, that's absolutely right. You know, I really appreciate that picture that you gave Nick about conservatism being about those bricks in the wall. (09:19–09:30)
CLAIM
Asserts that losing reserve currency status will severely impact the American way of life.
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.
