A rambling and redundant mess of a speech, but the message is fine. It's not like this speech will make any difference at this point, but nothing wrong with the message. Let's see what its shelf life will be.

States can print money.

So why doesnt the state print, like, a shitload of money and transfer 10 million dollars to each of us? Man, think about it, we'd all be millionaires!!!111

Poverty solved, my god, I'm a genius!

Depends how you use the term "state".

A state in the United States can't print money. The Fed, a company operated by the United States Federal Government can print money.

A state as in a sovereign government can print money.

So... kinda. You're either saying something true, or something wrong

printing a cht ton of money and sending it to ev1 else

This distinction is irelevant to the point he's making: that the government can create money out of thin air without collateral effects like inflation, market distortion or undermining the budget authority of Congress. By this logic, all the decades of gridlock over the debt ceiling would have been futile - the POTUS could just tell the Fed "haha money printer go brrr", boom, problem solved.

The Fed was created by the house and made it an independent agency with the only influence being the appointment of its chair by the president.

So... no. It doesn't undermine anything. That's how all systems in America works. Congress passes a law, its enacted by administrations under the executive.

If the Fed doesn't want the money printer to go brrrr then it won't go brrrr until the president replaces the head at the end of his term with somebody willing to go brrrr.

The president's appointment of a new Fed chair must be confirmed by the Senate, which prevents the Fed from being headed by a corrupt crony who's only loyal to the president and would be willing to go down a disastrous path.

For a current real-world example of this, see the current development in Turkey, where the democratic control and separation of powers has completely collapsed and their crazed president Erdogan is firing one central bank chair after another in his quest to find someone who's willing to follow his completely insane idea that surging inflation is best fought by lowering the interest rate. The result is an inflation rate which currently stands at 21% and keeps going up.

Yep yep.

So yeah, no power to create money without being checked.

Sovereigns can print their own money. States in the United States can't.

Correct, but again, that's most definitely not the point he was trying to make.