Elon Musk has spent a lot of time in Washington lately, and he’s not impressed. The Tesla and SpaceX CEO—who now runs Trump’s Department of Government Efficiency (DOGE)—dropped some major truth bombs about government spending on Sen. Ted Cruz’s podcast.
The biggest revelation? Washington’s money-printing machine is completely out of control.
Musk, a tech genius who revolutionized electric vehicles, commercial spaceflight, and AI, is now trying to bring some basic efficiency to an out-of-control federal bureaucracy. But what he found in D.C. stunned even him.
“It’s insane,” Musk said when Cruz asked him about how the government tracks its money.
He expected Washington to have a system where everything is carefully recorded and synchronized—like how any decent business would operate. Instead, he found chaos.
“I call it a magic money computer,” Musk explained.
That’s right—the federal government has at least 14 separate computers, mostly at the Treasury, sending out payments without proper tracking.
Elon tells Ted Cruz: “There are 14 magic computers at the Federal Government.
Most are at Treasury Dept and some are at HHS and DOD. They just send money out of nothing.” 😳🥴 pic.twitter.com/nx2bAzxUHo
— Juanita Broaddrick (@atensnut) March 17, 2025
“They don’t even code each payment properly. It’s just money going out, and no one really knows where it’s going.”
Musk estimates 80% of the waste comes from sheer incompetence—but 20% is deliberate, meaning there are people actively using this system to siphon off taxpayer dollars.
Musk’s “magic money computer” isn’t just a metaphor—it’s literally how the system works.
Former Fed Chair Ben Bernanke openly admitted in a 2002 speech that the government has a printing press and can create as many U.S. dollars as it wants. That’s exactly what’s been happening for decades, leading to massive inflation, economic instability, and unsustainable debt.
But modern monetary theorists (MMT) take it even further. They claim the government never needs to worry about debt at all.
According to MMT, the government doesn’t even need to finance its deficits by issuing bonds.
Translation? There’s no limit to government spending, and taxes aren’t even necessary to fund the budget.
That’s the economic lunacy that got us into this mess in the first place.
The Trump administration understands the danger of this broken system—which is exactly why DOGE was created.
Musk has already cut billions in waste and exposed shocking government inefficiencies. But taking on Washington’s magic money machine won’t be easy—because both parties have used it to enrich themselves and their cronies for decades.
“We have a government that prints money it doesn’t have, spends it on things it doesn’t track, and then raises taxes on hardworking Americans to pay for the mess,” Musk warned.
That’s why Trump and Musk are pushing hard to end government waste, stop reckless spending, and restore fiscal sanity.
If Musk—one of the most brilliant minds of our time—was shocked by what he saw in Washington, imagine how bad it really is.
The question every American should be asking is: If the government is creating “magic money” out of thin air, why do they keep raising our taxes?
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