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Musk retweeted a tweet calling for the dissolution of the Federal Reserve
Musk once again pointed the finger at the Federal Reserve on Monday, criticizing its bloated and inefficient and calling for stricter audits of it, retweeting a post on the social media platform X calling for the “dissolution of the Federal Reserve” and writing: “The Federal Reserve is ridiculously overstaffed.” Elon Musk’s dissatisfaction is not limited to personnel arrangements. His criticism goes deep into the decision-making process of the Federal Reserve, especially its monetary policy. Although the Federal Reserve’s financial audits are regularly reviewed by the Government Accountability Office (GAO), Musk advocates for a more detailed scrutiny of its policy decisions, especially those affecting interest rates. These measures directly impact the economy, and Musk believes the Federal Reserve should undergo external reviews beyond its internal framework.