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Elon Musk warns US will be ‘toast’ if 1 problem isn’t solved — says the government is ‘basically unfixable.’ Prepare now
Yahoo Finance· 2025-09-30 11:30
Read more: Here are 5 simple ways to grow rich with real estate — whether you have $10 or $100,000 to investThe dollar’s shrinking buying power is familiar to Americans. According to the Federal Reserve Bank of Minneapolis [3], $100 in 2025 buys what just $12.05 could in 1970.“There won't be a default — the central bank will come in and we'll print the money and buy it,” he said. “And that's where there's the depreciation of money.”With the U.S. national debt at $37.45 trillion, that scenario is no longer f ...