Elon Musk This weekend said that efforts to reduce the cost of the Department of Government Effectiveness (DOGE) could restrain inflation.
Musk spoke at the Town Hall in Wisconsin on Sunday ahead of the Key Election Supreme Court on Tuesday. In his statements he advertised Effort’s efforts And he said he views the cost reduction as help to slow down the price growth.
“At least for a period of time, we are going to make sure that your taxpayer’s money is spent by at least 15% better,” Musk said. “I think it’s a reasonable goal. This is a rational goal. This is a reasonable goal.”
“And a pure result, I have to say if we have a combination of increasing economic products by $ 1 trillion and a $ 1 trillion budget deficit, the result should be that inflation does not exist and very little inflation,” Musk added.
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Elon Musk outlined how he thinks Dage’s efforts would help slow inflation. (Win McNamee / Getty Images)
Musk continued to say that given his expectation that the efforts of Dogel would be reduce inflationConsumers should consider prices for key goods as relatively stable by the end of next year.
“So, at the end of next year, the prices will be – in the grocery store – they will be very similar to what they are now.” While we had inflation rampage today, and inflation is just a detrimental tax used by governments throughout history. ”
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The Senior Advisor of the White House, Elon Musk, led the DOGE efforts. (Samuel Carum / Getti Image)
Billionaire leader added that inflation is caused by government policies and functions as indirect Consumers’ tax.
“The government is very tempting to use inflation as a tax because it is indirectly,” Musk said. “People see that the prices that grow in the grocery store, goods and services, or for houses, and they like, blame the store. But this is not a shop, it is a government. The government has reduced the cost of money, and, as a result, prices are rising.”
Musk also discussed how he was considering the efforts of Dogel to switch workers with The government’s government The roles that contribute to the increase in economic production and, in turn, increase the standard of living.
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“By reducing waste and fraud, it will essentially make the economy more efficient and transfer people from the government to the private sector. And this will increase the production of goods and services, and therefore the average standard of living will rise,” said Musk.
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2025-03-31 19:50:00