...Of Federal Reserve To Rules Of Board Game Monopoly: 'the Bank Never Goes Bankrupt' | Hasbro...

TL;DR


• Elon Musk, the CEO of Tesla, has compared the workings of the Federal Reserve to the rules of the board game Monopoly. Musk argued that in Monopoly, the bank never goes bankrupt, just like the Federal Reserve, which can create money out of thin air to bail out institutions.

• Musk criticized the Federal Reserve's ability to print money and provide bailouts, stating that this goes against the principles of a free market economy. He believes that the Fed's actions distort the market and lead to asset bubbles and inflation.

• The article also mentions Musk's concerns about the impact of the Fed's policies on the value of the US dollar. Musk believes that the Fed's actions are eroding the purchasing power of the dollar, making it harder for people to save and invest.

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