Elon Musk’s latest tweet …
On X.com
Kill Bill
The Big Beautiful Bill
https://x.com/elonmusk/status/1930338434415243739
Elon Musk opposing the “Big Beautiful Bill” shouldn’t be a shock to anyone. He literally sat next to Donald Trump and explained we need to cut spending, not pass more spending
Elon Musk explains how to end inflation and drop interest payments forever
“Provided the economy grows faster than the money supply, which means you stop the government overspending and the waste and the output of real useful goods and services exceeds the increase in money supply. You have no inflation and you also drop the interest payments that people pay
The reason the interest payments are so high is because the national debt keeps increasing. So the government is competing to sell debt with the private citizens. This drives up the interest rate.
If you cut back on the deficit, you actually have an amazing situation for people because you get rid of inflation and you drop the interest rates.
That means people's mortgage payments go down, the credit card payments go down, their car payments go down, their student loans go down. Their life becomes more affordable and their standard of living improves.”
Source : https://x.com/WallStreetApes/status/1930440001877357023