Elon Musk Tells Ted Cruz Government Has 'Magic Money Computers' That 'Make Money Out Of Thin Air'
- Elon Musk stated that the federal government has 'magic money computers' that create taxpayer funds 'out of thin air' during an interview with Senator Ted Cruz.
- Musk expressed concerns about waste and fraud in government, estimating an 80% waste and 20% fraud ratio, particularly involving nonprofit salaries and expenses.
- He identified at least 14 'magic money computers' in federal departments and emphasized the need for oversight to tackle waste and fraud.
- Musk also stated that the United States will win the race for artificial intelligence in the near term, but that long-term success over China will come down to which nation has the stronger manufacturing base.
51 Articles
51 Articles
Elon Musk says he and DOGE found 14 'magic money computers'
Elon Musk claimed 14 computers at the Department of Treasury and other government agencies just “send money out of nothing” during a podcast appearance with Sen. Ted Cruz (R-Texas) on Monday. He appeared to be criticizing the government’s bookkeeping, though it’s worth noting the government can, in fact, print money at little to no cost. Elon Musk said it’s “insane” the U.S. government has computers that can just “make money out of thin air.” E…
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