By the way, we've seen a chronic debt crisis now for decades. It's called the devaluation of the dollar along those pre pandemic levels of spending. I also just calculated what a dollar was worth in 1998 somewhere 51 cents. A $2014 worth 74 cents. A $2019 worth 80 cents. That's the silent tax of inflation. The devaluation of the dollar, the robbing of anybody with an asset. That's what big government has done. That's what deficit spending has done. (22:37–22:48)
CLAIM
Asserts the devaluation of the dollar over time.
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