Elon Musk proposed giving money directly to citizens from the treasury
Elon Musk believes that the advancement of AI and robotics will lead to a decrease in production costs. This will allow for an increase in the money supply without the risk of inflation.
"If the volume of goods and services grows faster than the money supply, there won't be any inflation. On the contrary, we might face deflation," Musk pointed out.
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Elon Musk believes that the advancement of AI and robotics will lead to a decrease in production costs. This will allow for an increase in the money supply without the risk of inflation.
"If the volume of goods and services grows faster than the money supply, there won't be any inflation. On the contrary, we might face deflation," Musk pointed out.
$TSLAB
$SPCX
$DOGE