Billionaire Elon Musk believes that one entity is the culprit behind the rising prices of goods and services in the US. The Tesla CEO says on the social media platform X that the underlying cause of inflation in the US is the federal government’s huge budget deficit. “Inflation is caused by the federal government spending […]
The post Elon Musk Unveils Underlying Cause of Inflation, Says He’s Willing To Be Part of Government Efficiency Commission appeared first on The Daily Hodl.
The US government’s spending is now exceeding its revenues by over a trillion dollars just eight months into the current fiscal year. The data comes from a newly released Treasury Department report which tracks the government’s receipts and expenses for the 2023 fiscal year, which runs from October 1st, 2022 to September 30th, 2023. According […]
The post US Deficit Explodes, Surpassing $1,390,000,000,000 As Government Spending Outpaces Revenue: Treasury Department appeared first on The Daily Hodl.
