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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."

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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, increased the money supply, and diluted the value of money. Your paycheck is worth less because of government-induced inflation.” Source: Elon Musk Joni Ernst Vivek Ramaswamy
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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, increased the money supply, and diluted the value of money. Your paycheck is worth less because of government-induced inflation.” Source: Elon Musk Joni Ernst Vivek Ramaswamy

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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.
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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.

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