Elon Musk: If the U.S. debt continues to grow, the dollar will eventually become worthless
Elon Musk posted a warning on X local time Thursday, stating that if the U.S. debt continues to grow, the dollar will eventually become worthless. Musk wrote: "We need to do something about our national debt, otherwise the dollar will be worthless." One user commented: "The problem is that no government is willing to take on the issue of national debt because long-term solutions may harm the economy in the short term." Musk responded by saying: "Well, there's always something to give up. We should at least slow down the growth of debt."
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