Tom Tiffany: “Your dollar is worth 20 cents less compared to five years…”

“I understand that most people will say the economy and reining in inflation is the number one issue because, I mean, it hits them in the pocketbook, right? Your dollar is worth 20 cents less compared to five years ago. That's what inflation and the high cost of living has done to people's earnings. People wonder why they're poor, even though they maybe have gotten a raise.” (14:19–14:24)

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.