… a profligate Congress, a Congress that continues to spend without any seeming constraint, and a Congress that seems to be disconnected from the fundamentals of economics. Two to three years, We've printed about $4 trillion of new money that has been printed by the Federal Reserve bank. They've shot that money through the economy. And as a result, we're suffering from near record high inflation, 40 year high inflation, the highest food inflation since 1979 as of two days ago. (16:37–16:45)
CLAIM
Asserts that the Federal Reserve has printed approximately $4 trillion in recent 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.