But I was wrong. Tens of thousands, hundreds of thousands. In the end, millions of Americans were thinking about the stability and the strength of the US dollar. And They were convinced that excessive money printing since the early 1970s, when the dollar was detached from gold, which is to say from reality, when it became a purely fiat currency redeemable for nothing, they were convinced that the US dollar was weaker than their leaders said it was. And they knew this because the price of goods they bought every week seemed to be going up over time and no one was mentioning it. Or the goods themselves are becoming smaller. (03:54–04:13)
CLAIM
Asserts that excessive money printing since the 1970s weakened the U.S. dollar.
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.