Musk: Feds Have “Magic Money Computers” That Issue Payments “Out Of Thin Air”
Musk: “Okay, so, you may think like the government computers all talk to each other, they synchronize, they add up what funds are going somewhere. And, that they’re coherent … And that the numbers that you’re presented as a Senator are actually the real numbers.”
Cruz: “One would think!”
Musk: “One would think – they’re not … I mean they’re not totally wrong, but they’re probably off by five percent or 10 percent in some cases. So, I call it ‘Magic Money Computer’: any computer that can make money out of thin air. That’s magic money.”
https://www.zerohedge.com/political/musk-feds-have-magic-money-computers-issue-payments-out-thin-air
So DOGE has no way of knowing exactly how much fake money was created over time and dropped into the money supply. They guesstimate $1T – BUT — what happens if it’s not $1T but rather $1000T and none of it has been accounted for in M2 money supply? Is this the last leg of the corrupt financial system being kicked out from under the economy (exposed very quietly I might add)?
“none of it has been accounted for in M2 money supply?”
If its spent, it winds up in M2. (in someone else’s account)
What hasn’t been accounted for was how was it financed?
Budget authorizations?
FYI … this is the underlying thesis for MMT.
Just spend it.
And that’s how inflation got to 30% yoy.
Biden insider allegedly received $2 million in payments, Federal Housing director reveals
https://www.youtube.com/watch?v=kbXsror3XgI