Elon Musk, a key Trump backer who is expected to have considerable sway in helping shape Trump’s policies, included a “100” emoji while resharing Republican Sen. Mike Lee of Utah’s post on X calling for abolishing the Fed.

  • NaibofTabr@infosec.pub
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    7 days ago

    I… didn’t realize he was actually interested in destroying the value of the dollar… this is a terrible idea.

    • grue@lemmy.world
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      7 days ago

      He’s interested in becoming a trillionaire by swindling the entire country with a dogecoin pump-and-dump endorsed by the government itself.

    • Diplomjodler@lemmy.world
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      7 days ago

      These clowns think they’re the smartest when in fact they’re just a bunch of narcissistic morons. It’s going to be wild.

      • _bcron_@lemmy.world
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        7 days ago

        Elon Musk is a case study in Dunning Kruger. Gifted child boy wonder is here to broker a peace deal and receive the validation he’s been trained to seek.

        He has a rudimentary understanding of how yields affect bond prices and he’s rolling up his sleeves, everyone duck

        • seaQueue@lemmy.world
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          7 days ago

          The dude can’t even run his own companies, Tesla and SpaceX succeeded in spite of him which is a hell of a lot more impressive than anything Elon has done

      • intelisense@lemm.ee
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        7 days ago

        Reminds me of our very own Liz Truss. She’s still somehow convinced she’s an economic genius.

    • IHeartBadCode@fedia.io
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      7 days ago

      Worse yet, Sen. Lee’s recent pitch is “get rid of the FED and then… well we’ll just figure it out after that.”

      Like literally, the main person behind this has zero clue on what they would do after getting rid of the FED. So not only would they in a single sweep up end the entire US dollar and all the global markets that have built around it. They have absolutely zero plan for what comes next.

      Like you could not pitch a “let’s fuck everything for the foreseeable future” plan any more than Senator Lee’s current idea of how to “fix” things. But I mean dude clerked for Alito in the third circuit, so I mean, shit doesn’t fall far from the asshole.

      • Sonori@beehaw.org
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        7 days ago

        At this point I can’t help but wonder if a few foreign agents befriended him on Twitter and are now in an office competition to see who can convince him to do the dumbest thing possible.