Musk says he found ‘magic money computers’ printing money ‘out of thin air’

US authorities cost-cutting csar Elon Musk claims to person recovered astatine slightest 14 “magic wealth computers” successful the national authorities with the quality to nonstop wealth from nothing.

Musk said the computers, which beryllium successful respective national departments, including the Treasury, Defense and Health and Human Services departments, tin fundamentally contented payments and nonstop money from nothing.

“You whitethorn deliberation that the authorities computers each speech to each other, they’re synchronized, they adhd up what funds are going where, and it’s coherent and that the numbers you’re presented arsenic a legislator are the existent numbers,” Musk said successful a March 17 occurrence of Senator Ted Cruz’s podcast Verdict with Ted Cruz.

However, Musk said this isn’t the case. 

“They’re not wholly wrong, but they’re astir apt disconnected by 5% oregon 10% successful immoderate cases. So I telephone it 'magic wealth computer’ — immoderate machine that tin marque wealth retired of bladed air. That’s magic money.”

Jameson Lopp, the main information serviceman astatine Bitcoin (BTC) custody institution Casa, said successful the video comments that “Bitcoin fixes this.” 

Bitcoin advocates person agelong touted the cryptocurrency’s quality to hedge against currency devaluation, arsenic Bitcoin’s proviso is capped astatine 21 cardinal coins, portion fiat proviso tin summation with much “printing.” 

Source: Jameson Lopp

Related: DOGE proposes slashing Internal Revenue Service unit by 20%

Musk says his latest DOGE efforts person besides uncovered that US authorities departments person much media, bundle subscriptions, and recognition cards than they bash radical moving determination — successful immoderate cases, up to double. 

However, helium thinks 80% of cases are discarded and incompetence alternatively than a malicious scheme because, successful immoderate instances, companies are being sent wealth by mistake. Then cipher from the authorities is asking for the wealth back. 

“We saw a batch of payments going retired of Treasury that had nary outgo codification and nary mentation for the payment, and past we’re trying to fig retired what that outgo is,” Musk said. 

“Then we spot that, okay, that declaration was expected to beryllium unopen off, but idiosyncratic forgot to unopen disconnected that contract, and truthful the institution kept getting money. Now, is that discarded oregon fraud?”

Musk’s different business ventures person suffered owed to his DOGE work. Tesla facilities astir the US person been vandalized arsenic portion of a broader “Take down Tesla” question protesting DOGE’s cost-cutting measures. 

Magazine: Elon Musk’s program to tally authorities connected blockchain faces uphill battle