(PresidentialWire.com)- Elon Musk, the billionaire, slammed President Joe Biden on Monday, saying he isn’t really in charge.
The Tesla and SpaceX founder also warned that inflation could spiral out of control if the US government continues to print money.
“Whoever controls the teleprompter is the real president,” Musk said.
Musk feels that the path to power is the path to the teleprompter. He believes it would be like Anchorman, and if someone accidentally leans on the teleprompter, Biden would be lost. Musk was alluding to the 2004 film in which Will Farrell’s character Ron Burgundy reads whatever is on the teleprompter.
On the “All-In” podcast, Musk said that this current administration doesn’t seem to get much done. Many people in the Trump administration were effective at getting things done, leaving Trump aside.
Musk also attacked the Democratic Party, calling it “overly controlled by unions and trial lawyers, particularly class-action lawyers.” He claims the party is opposed to “people’s interests.”
In the case of Biden, the billionaire said that he is simply too controlled by the unions.
Musk also responded to fellow billionaire Jeff Bezos’ claim that the Biden administration uses “misdirection” to “muddy the topic” of inflation. Musk feels the obvious reason for inflation is that the government printed a zillion more dollars than it had.
Bezos said that the administration tried hard to inject even more stimulus into an already overheated, inflationary economy, and only Joe Manchin saved them from themselves. He noted that Inflation is a regressive tax that disproportionately affects the poor.
Musk replied that the government couldn’t issue checks in excess of revenue without inflation. Checks written by the federal government never bounce. If more dollars are created, the increase in goods and services across the economy leads to inflation.
Musk continued by asking why doesn’t the government make the deficit 100 times bigger if they can just issue massive amounts of money?
He answered his question by saying it would essentially turn the dollar into something worthless. He said this experiment has been tried multiple times in various countries.
“Have you ever visited Venezuela?” Musk asked.
If the Biden administration is not ended, Venezuela might visit us.