Elon Musk Says No ‘Magic Cure’ for Inflation, Blames Fed’s Money Printing

Elon Musk Says No ‘Magic Cure’ for Inflation, Blames Fed’s Money Printing
Elon Musk pauses as he speaks during a press conference at SpaceX's Starbase facility near Boca Chica Village, Texas, on Feb. 10, 2022. Jim Watson/AFP via Getty Images
Tom Ozimek
Tom Ozimek
Reporter
|Updated:
0:00

Tesla CEO Elon Musk said there’s no silver bullet to fix the problem of high inflation, blaming central banks for printing too much money that’s chasing too few goods and pushing up prices.

Musk made the remarks in an April 18 interview with Tucker Carlson, who asked the billionaire tech mogul for his thoughts about the Federal Reserve’s interest rate policy and inflation.

Tom Ozimek
Tom Ozimek
Reporter
Tom Ozimek is a senior reporter for The Epoch Times. He has a broad background in journalism, deposit insurance, marketing and communications, and adult education.
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