this post was submitted on 13 Nov 2024
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Elon Musk wants to radically reshape who controls America’s money supply (edition.cnn.com)
submitted 1 day ago by karl0sagentofchaso@lemmings.world to c/world@quokk.au
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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.

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[–] Diplomjodler3@lemmy.world 37 points 1 day ago (3 children)

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 15 points 1 day ago* (last edited 1 day ago) (1 children)

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 13 points 1 day ago (1 children)

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

[–] _bcron_@lemmy.world 6 points 1 day ago* (last edited 1 day ago) (1 children)

An unabridged list of Musk's accomplishments:

Did not dilute and now has a 20% stake in a company with a $1tn market cap.

[–] DragonTypeWyvern@midwest.social 2 points 1 day ago

Conned Compaq out of $300m right before the .com bubble burst

Gotta be fair

[–] Taleya@aussie.zone 11 points 1 day ago

How else do you get people on your shitty crypto pyramid scheme

[–] intelisense@lemm.ee 6 points 1 day ago (2 children)

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

[–] seaQueue@lemmy.world 7 points 1 day ago

I mean, she's certainly cornered the lettuce joke market

[–] Diplomjodler3@lemmy.world 6 points 1 day ago (1 children)

At least UK institutions were intact enough to stop her before she could completely wreck the economy. The Americans (and all of us by association) will have no such luck.

[–] seaQueue@lemmy.world 6 points 1 day ago (1 children)

Dems need a crash history course in republican obstructionism ca 1992 through 2016

[–] intelisense@lemm.ee 1 points 1 day ago

Can they do that without the house or senate?