If we abuse that dollar and we have been abusing that dollar, we've been printing money that doesn't exist in order to pay bills that the government is running up. Right. The Federal Reserve is creating this money, loaning it to the government, saying, hey, you'll pay us back later. Well, you can only do that for so long before you start to see inflation. And that's exactly what we've been seeing. (19:28–19:34)
CLAIM
Asserts that the Federal Reserve is creating money and loaning it to the government with the expectation of future repayment.
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.
