Musk must be on magic mushrooms.
I am not sure Elon Musk has all the marbles God gives us. I have a checkbook and no money in the bank. I write a check, so my check creates money out of thin air? I believe maybe he means the federal government spends money it doesn’t have. That is called deficit spending. My check that bounces is called theft.
Musk told Ted Cruz that he had found 14 magic computers.
Department of Government Efficiency (DOGE) head Elon Musk told Texas Senator Ted Cruz that he has found several “magic money computers” during his crusade to slash government spending.
Speaking on the senator’s podcast, Verdict, Musk described what he means by the term: “You may think the government s computers all talk to each other, they synchronize, they add up what funds are going somewhere. And that they’re coherent,” he began.
However, he said that is not the case. “They’re not totally wrong, but they’re probably off by five 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,” the billionaire added.