… interest rates up, that's making mortgages unattainable for our young children who are trying to become young adults and buy homes and build their lives together with their families. And As we continue to print this money and forgive billions of dollars of student loans, we are literally pushing, it's an upward transfer of wealth from the lower class to the upper class as these people cannot struggle and build their financial wherewithal. We got to get inflation down, we got to get interest rates down, we got to make the economy work for everybody. Thank you, Mister Sheehy. (09:12–09:26)
CLAIM
Asserts that forgiving student loans and printing money transfers wealth from the lower class to the upper class.
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.
