Asked by interviewer David Dayen whether the financial system has become “safer” in the years since the financial collapse and subsequent government interventions like 2010′s Dodd-Frank bill, Grayson praised the Federal Reserve for its “unconventional” policies that have “put us back on a low-level track toward growth.”

Asked about the Fed’s expanding balance sheet, the Florida Democrat said: “We’ve had a government takeover of the bond market. Stealth socialism’s been created. Government simply ends up owning more and more and more.”