Ron Johnson: “A dollar you held in 1998 is worth 51 cents.”

“We've been living with a chronic debt crisis now for decades. It's called the devaluation of the dollar. I laid out these pre pandemic spending options. Clinton in 98. A dollar you held in 1998 is worth 51 cents. That's a crazy stat. I think for most people out there. Basically you've lost half the value of the dollar.” (17:57–18:01)

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.