LurkerJ on 15 November 2024
The excess government spending is what causes inflation!
— Elon Musk (@elonmusk) November 14, 2024
ALL government spending is taxation. This is a very important concept to appreciate.
It is either direct taxation, like income tax, or indirect via inflation due to increasing the money supply. https://t.co/ypG9hm940Z
Not a word on price gouging and greedflation.
Follow for more economy lessons that paint the government in a terrible light and corporations and billionaires as your saviour.
I normally don’t mind misinformation but with this guy amplifying his reach compared to every other person on twitter, we have a much bigger problem than just misinformation. No amount of buckling up is going to prepare me for what's coming :/
