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Elon Musk says DOGE can put a dent in inflation

Elon Musk said at the end of this week that efforts to reduce costs from the Ministry of government efficiency (DOGE) can curb inflation.

Musk spoke at an event in the city hall in Wisconsin on Sunday before the Supreme Court elections in the main state on Tuesday. In his statements, Dog’s efforts and said that he sees spending discounts as helping to slow the pace of price growth.

“At least for a while, we will make sure that your taxpayer money has spent at least 15 %,” Mousse said. “I think it is a reasonable goal. It is a rational goal. It is a reasonable goal.”

“The net result, I would like to say, if we have a mixture of a trillion dollars in economic output and a decrease in $ 1 trillion in the budget deficit, the result should be that there is no very little enlargement or enlargement,” added Musk.

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Elon Musk explained how it believes that Dog’s efforts will help slow inflation. (Win McNamee / Getty Images)

Musk went on to say that, given that he expected Dog’s efforts to reduce inflation, consumers should see the prices of the main commodities as relatively stable at the end of next year.

“So at the end of next year, the prices – in the grocery store – will be very similar to what they are now. What means, as you know, that the standard of living will actually be a little higher,” explained. “While we have had an enlarged enlargement so far, inflation is really just a harmful tax that governments have used throughout history.”

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Elon Musk shows a dog shirt

The White House chief adviser, Elon Musk, led a Doug effort. (Samuel Corome / Getty Emose)

The billionaire leader Dog added that inflation is caused by government policies and jobs, such as an indirect tax on consumers.

“It is very tempting that governments use inflation as a tax because it is indirect,” Musk said. “People see the prices that rise in the grocery store, for goods, services, or homes, and they tend to blame the store. But it is not the store, it’s the government. The government has reduced the value of money, and as a result, the prices rise.”

Musk also discussed how Dog’s efforts to transform workers from the government to the roles of the private sector are seen as contributing to increasing the economic output, and thus, enhancing living standards.

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Musk said: “By reducing waste and fraud, it will make the economy more efficient and will transform the resources of people from the government to the private sector. This will lead to an increase in the production of goods and services, and therefore the average standard of living will rise.”

2025-03-31 19:50:00

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