Whether the US will enter a recession, whether it will experience a financial crisis is the biggest debate of economists in the recent period, while Elon Musk reacted to the Biden government.

Musk, who has recently clearly supported Donald Trump and even made a ‘Space’ broadcast on X with him recently, stated that the government should reduce its spending:

“Inflation is caused by the Federal government spending more than it earns, because they just print more money to make up the difference. To solve inflation, reduce wasteful government spending. Your tax dollars should be spent well, not poorly.”

While many people close to the Democratic Party reacted to Musk for this tweet, they stated that inflation fell below the 3% level.

He forgot Bitcoin!

Musk made a sound in the cryptocurrency world, especially with his Bitcoin and Dogecoin tweets in 2021. Musk, who wrote Bitcoin on his X profile for a while, later paved the way for Tesla payments to be made in Bitcoin.

Later, Musk, who made an unexpected U-turn, both removed the Bitcoin writing on his profile and suspended the sale of Tesla with Bitcoin. Musk claimed that the reason for this was that Bitcoin mining was done with fossil fuels and that it harmed nature.
X, owned by Musk, also recently removed the Bitcoin emoji. No reason was put forward for this.

In his ‘Space’ broadcast with Trump, the famous businessman did not raise any issues related to the largest cryptocurrency, although Bitcoin was one of Trump’s important election promises.