U.S. News & Politics

Elon Musk: Can’t Just Print Money or You Get Venezuela [Video]

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Elon Musk: Can’t Just Print Money or You Get Venezuela

During an All-In Podcast, Elon Musk discussed inflation during the Biden’s administration:

“I mean, the obvious reason for inflation is that the government printed a zillion amount more money than it had, obviously. So, its like the government can’t just, you know, issue checks far in excess of revenue without there being inflation. You know, velocity of money held constant. So, unless something were to change with velocity of money, but if the federal government writes checks, they never bounce, so that is effectively creation of more, of more dollars. And if if there are more dollars created than the increase in the goods and services output of the economy, then you have inflation. Again velocity of money held constant. This is very basic. This is not like, you no, super complicated. If the government could just issue massive amounts of money and deficits didn’t matter, then why don’t we just make the deficit a hundred times bigger, okay. The answer is you can’t. Because it will basically turn the dollar into something that is worthless, So, and various countries have tried this experiment multiple times. It’s not like, oh I wonder what happens if this is done? Have you seen Venezuela. Like, the poor people of Venezuela, are you know, have just been run roughshod by their government, and so obviously you can’t simply create money. ~ Elon Musk

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U.S. News & Politics

We Are A Nation In Decline ~ Donald Trump [Video]

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How the ‘Inflation Reduction Act’ targets FARMERS…and YOU. [Video]

The Senate passed a 740 BILLION DOLLAR package over the weekend, with Vice President Kamala Harris giving Democrats the last vote they needed. The bill is called the ‘Inflation Reduction Act of 2022,’ but Glenn explains why it likely will do the EXACT opposite. And not only could it hurt your wallet, but it may hurt your food, too. Glenn details parts of the bill that target American farmers and the farming industry, all in the name of climate change. The ramifications — many of which are already happening in Europe — could be HUGE: ‘This is really, very dangerous.’ Click HERE to subscribe to Glenn Beck HERE to subscribe to BlazeTV: Connect with Glenn on Social Media:

U.S. News & Politics

Lt. Governor Mark Robinson's Speech 2022 NRA Convention [Video]

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Room Goes SILENT When Hawley Exposes Fauci's Blatant Lies [Video]

Watch the room go SILENT when Sen. Josh Hawley exposes Dr. Fauci's blatant lies. WATCH Doocy leave Biden official SHOCKED with one simple question: #fauci #joshhawley Subscribe to BlazeTV YouTube! Join BlazeTV! Sign up for our NEWSLETTER: with us on Social Media: