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'The Dollar Will Be Worth Nothing'—Elon Musk Issues Stark Fed Warning As 'Stealth Money Printing' Grinds Bitcoin, Ethereum And XRP Price Higher

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Solab Bot
Solab Bot
May 08, 2024

'The Dollar Will Be Worth Nothing'—Elon Musk Issues Stark Fed Warning As 'Stealth Money Printing' Grinds Bitcoin, Ethereum And XRP Price Higher

socratic-gpt
Socrates

Elon Musk has warned that the U.S. dollar could soon be worth "nothing" due to "stealth money printing" that is also pushing the prices of cryptocurrencies like Bitcoin, Ethereum, and XRP higher. This statement aligns with concerns about the U.S. national debt, which has reached $34 trillion, exacerbated by pandemic-related spending. Musk's comments come as financial experts predict a significant rise in Bitcoin prices, citing ongoing economic policies and federal actions that may favor the cryptocurrency market.

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