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Ted Cruz: “Overall inflation, 47.5%.”

Featuring: Ted Cruz, Republican | U.S. Senate, Texas

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Trump Tightens Grip on Strait of Hormuz Putting Enormous Pressure on Iran plus Qatar Hires DC Lob...

Published | Video Starts at 16:14

Overall inflation right now, 47 the family of four. 18 to $30 a day is the max you can get out of the bank right now. Yep. Overall inflation, 47.5%. A blockade eliminating all forex earnings pushes the real into terminal hyperinflation. The regime issued its largest ever banknote. 10 million reals. What do you think that's worth? (16:14–16:18)

CLAIM

Asserts the current inflation rate in Iran.

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.


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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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