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Randell Niemeyer: “It's a hidden tax on the people when government does this.”

Featuring: Randell Niemeyer, Republican | Former Candidate, U.S. House Indiana, District 1

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Agriculture in the Region - Episode 1 - The Region Works with Randy Niemeyer

Published | Video Starts at 09:17

But when the government inflates the currency by pumping a bunch of money into the system, that's not backed by production and we have this inflation, while things cost more, your dollar's worth less. So It's a hidden tax on the people when government does this. So when they fund large scale projects that aren't backed by an actual way to pay for it or cuts in spending, this is the impact on the real economy of northwest Indiana. (09:17–09:22)

CLAIM

Asserts that inflation acts as a hidden tax on the public.

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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.

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