Musk Tells Trump He’d Serve on a Commission to Address Nation’s Government Spending Crisis
Billionaire entrepreneur Elon Musk told former President Donald Trump during their “chat” on X on Monday night that the U.S. should establish a commission to address the federal government’s spending crisis, and he would serve on it.
“A lot of people just don’t understand where inflation comes from. Inflation comes from government overspending because the checks never bounce when it’s written by the government,” Musk said.
“So if the government spends far more than it brings in, that increases the money supply, and if the money supply increases faster than the rate of goods and services, that’s inflation,” he continued.
“So really, we need to reduce our government spending. And I think we need a government efficiency commission to say,