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🇺🇸 ELON: GOVERNMENT OVERSPENDING CAUSES INFLATION AND DEVALUES PAYCHECKS “The federal government can always make more money, but that’s what creates inflation. I really want to reinforce this—government spending creates inflation. When prices go up at the grocery store, it’s because the government spent more than it brought in,...

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Mario Nawfal

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1,789,878 Aufrufe • vor 1 Jahr •via X (Twitter)

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8 Kommentare

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himanshu sirohivor 1 Jahr

I Will Explain What Elon Musk Means in a Very Simple Way Elon Musk is saying that when the government spends too much money, it makes everything more expensive. Imagine you have a pizza with 8 slices. If suddenly there are 16 people instead of 8, but still only one pizza, each person gets a smaller piece. That’s what happens when the government prints more money-there’s more money in the system, but the value of each dollar goes down. This is why your paycheck buys less than it did before. Now think about grocery prices. When the government spends more than it earns, it prints extra money to cover the gap. But businesses know that more money is floating around, so they raise prices. That’s why your groceries, gas, and rent keep getting more expensive. Your paycheck might still be the same, but it buys you less. That’s the “invisible tax” of inflation-caused by the government spending too much and making your money weaker.

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LouOnXvor 1 Jahr

Inflation and high prices are not good for people nor that economy!

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Collin Nevillevor 1 Jahr

Spending to go to Mars moon waste

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KevCryptoHODLervor 1 Jahr

D.O.G.E fixes this by getting rid of the wasteful expenditures that don't have a lot of benefit for the public

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Digelotronvor 1 Jahr

@VivekGRamaswamy DOGE🚀

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Kekaiusvor 1 Jahr

@MarioNawfal Earthly inflation cannot distract us. Our journey to Mars demands focus on honor and justice. Elon's vision guides us ad astra per aspera. We remain steadfast on this noble path. kek

Profilbild von Priyanshu Jha | System Guy
Priyanshu Jha | System Guyvor 1 Jahr

Spot on. Government spending directly hits your wallet.

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Lord Burnratevor 1 Jahr

govt spending is just fancy money printing. learned that running my hedge fund in '17. speaking of inflation - my coke dealer just raised prices again. blame jerome powell

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"The federal government is spending America into bankruptcy. When the government spends more than it brings in, that's what causes inflation." -Elon Musk Correct, Inflation is what happens when the government spends too much money and has to print it...when it prints money it becomes too much money chasing too few goods.... so inflation. It's a death spiral for any country.
0:30

"The federal government is spending America into bankruptcy. When the government spends more than it brings in, that's what causes inflation." -Elon Musk Correct, Inflation is what happens when the government spends too much money and has to print it...when it prints money it becomes too much money chasing too few goods.... so inflation. It's a death spiral for any country.

Natalie F Danelishen

1,090,286 Aufrufe • vor 1 Jahr

ELON MUSK: "We need to have sensible spending. As it gets under control, it will dramatically effect inflation because what causes inflation is government overspending. It increases the money supply, which then increases the price of goods."
0:42

ELON MUSK: "We need to have sensible spending. As it gets under control, it will dramatically effect inflation because what causes inflation is government overspending. It increases the money supply, which then increases the price of goods."

DogeDesigner

5,643,372 Aufrufe • vor 1 Jahr

ELON: "Federal Govt is bankrupting the country. We need to have sensible spending. As it gets under control, it will dramatically effect inflation because what causes inflation is government overspending. It increases the money supply, which then increases the price of goods."
0:42

ELON: "Federal Govt is bankrupting the country. We need to have sensible spending. As it gets under control, it will dramatically effect inflation because what causes inflation is government overspending. It increases the money supply, which then increases the price of goods."

DogeDesigner

121,326 Aufrufe • vor 1 Jahr

It’s a common myth that inflation is when prices go up. But in reality it’s always and everywhere a monetary phenomenon created by government through spending and money creation. When they print more dollars to fund endless programs, more money competes for fewer goods and services, and prices rise as the inevitable result. So the higher costs you feel are what happens as a consequence of inflation, after the government inflates the money supply.
0:33

It’s a common myth that inflation is when prices go up. But in reality it’s always and everywhere a monetary phenomenon created by government through spending and money creation. When they print more dollars to fund endless programs, more money competes for fewer goods and services, and prices rise as the inevitable result. So the higher costs you feel are what happens as a consequence of inflation, after the government inflates the money supply.

Rothmus 🏴

20,695 Aufrufe • vor 2 Monaten

ELON: THE FEDERAL GOVERNMENT IS SPENDING AMERICA INTO BANKRUPTCY “The federal government is spending America into bankruptcy, which is crazy. That's really what leads to inflation, when the government spends more than it brings in, that's what causes inflation. It's just a pernicious tax. We have to radically reduce the amount of government spending so that we don't rack up a debt that is impossible to repay and drive the country to bankruptcy.” Source: Folsom, October 17, 2024
0:28

ELON: THE FEDERAL GOVERNMENT IS SPENDING AMERICA INTO BANKRUPTCY “The federal government is spending America into bankruptcy, which is crazy. That's really what leads to inflation, when the government spends more than it brings in, that's what causes inflation. It's just a pernicious tax. We have to radically reduce the amount of government spending so that we don't rack up a debt that is impossible to repay and drive the country to bankruptcy.” Source: Folsom, October 17, 2024

Mario Nawfal

83,065 Aufrufe • vor 1 Jahr

Wise words on the cause of inflation from Milton Friedman: "Inflation is made in Washington because only Washington can create money...What produces it is too much government spending and too much government creation of money and nothing else."
0:32

Wise words on the cause of inflation from Milton Friedman: "Inflation is made in Washington because only Washington can create money...What produces it is too much government spending and too much government creation of money and nothing else."

Rand Paul

51,841,043 Aufrufe • vor 1 Jahr

The real tax on the american people is government spending. When government spends more than it takes in, deficits are paid indirectly through hidden taxation on the people via inflation and currency devaluation. And historically, few things have been more destructive to civilizations than inflation. Milton Friedman explained that inflation occurs because people ask government to do something impossible. They want government to spend other people’s money on them, while protecting their own money from being spent on others. They want the prices of what they sell to rise, but the prices of what they buy to fall. This inevitably creates a vicious cycle where politicians promise benefits today and pass the hidden costs into the future and onto future generations through a steadily weakening dollar.
1:08

The real tax on the american people is government spending. When government spends more than it takes in, deficits are paid indirectly through hidden taxation on the people via inflation and currency devaluation. And historically, few things have been more destructive to civilizations than inflation. Milton Friedman explained that inflation occurs because people ask government to do something impossible. They want government to spend other people’s money on them, while protecting their own money from being spent on others. They want the prices of what they sell to rise, but the prices of what they buy to fall. This inevitably creates a vicious cycle where politicians promise benefits today and pass the hidden costs into the future and onto future generations through a steadily weakening dollar.

Rothmus 🏴

14,078 Aufrufe • vor 4 Monaten

🚨ELON MUSK: "When you bring down Government spending you get a double benefit: you stop inflation *and* interest payments go down because the Government is no longer borrowing money. If the Government is borrowing money its actually competing with everyone else for borrowing money, and that drives up the interest rates. So if we solve government spending, your grocery bill stays the same, your mortgage payment goes down, your car payment goes down, and your credit card bill goes down. This is what the people of America want. This is a good goal."
0:49

🚨ELON MUSK: "When you bring down Government spending you get a double benefit: you stop inflation *and* interest payments go down because the Government is no longer borrowing money. If the Government is borrowing money its actually competing with everyone else for borrowing money, and that drives up the interest rates. So if we solve government spending, your grocery bill stays the same, your mortgage payment goes down, your car payment goes down, and your credit card bill goes down. This is what the people of America want. This is a good goal."

Autism Capital 🧩

3,374,881 Aufrufe • vor 1 Jahr