Elon Musk complains again about the Fed's high rate
During the current financial crisis, Elon Musk changed his status from the richest man in the world, to the top 1 in the world for the amount of capital lost.
He brought up again the issue of Fed rate hikes, asking, what if monetary policy had been tightened in 2009? The billionaire also added that the higher the rate, the greater the decline.
Apparently Musk is not intimidated by the high inflation the Fed is fighting. He prefers to overtake it on rising stocks and a bit of bitcoin, just to get the printing press back on
