Tom Emmer actually said...

We have gone from an economy that is based on wealth creation to an economy that is based on debt leverage.

Emmer highlights a shift in the economy's foundation from wealth creation to debt.

06/27/2017

More Tom Emmer Quotes

the FSOC is no longer independent of partisan pressures and should be brought under congressional appropriations supervision

We have a capital formation problem in this country.

Clearly, stablecoins offer economic benefits that cannot be ignored.

I firmly contend that the stablecoin is a payment instrument and is a fundamentally different asset than an investment product.