🚨 Billionaire entrepreneur Elon Musk has claimed that secret government “magic money computers” are issuing massive payments with no oversight—leaving lawmakers in the dark about federal spending.
💬 Speaking on Sen. Ted Cruz’s (R-TX) podcast, Musk alleged that the U.S. Treasury and several government departments possess computers that can create and transfer money without the usual financial approvals. These systems, he warned, may be responsible for trillions of dollars in unaccounted spending.
Musk: Government Computers Are Printing Money Without Approval
📡 According to Musk, 14 such computers have been discovered by his U.S. Department of Government Efficiency (DOGE).
🗣️ “They’re mostly at Treasury,” Musk told Cruz.
👉 “But there’s some at [Health and Human Services], there’s one or two at State, there’s some at [the Department of Defense].”
Musk elaborated on how these computers allow certain agencies to issue large, undocumented payments—which means their reported budgets could be off by as much as 5% when presented to Congress.
🔍 Cruz reacted with shock, suggesting that the actual amount of misallocated funds could reach trillions of dollars.
💬 “They just send money out of nothing,” Musk claimed.
How Do the “Magic Money Computers” Work?
💻 Musk described a chaotic financial system within the government, where federal agencies lack transparency regarding actual spending.
🗣️ “You may think that government computers all talk to each other, they all synchronize, they add up what funds are going somewhere, and it’s coherent… That the numbers you’re presented as a senator are actually the real numbers. They’re not,” he explained.
👀 When Cruz asked how the system functions, Musk responded bluntly:
👉 “It just issues payments!”
📈 The U.S. government has the unique ability to create money to pay its debts, a concept often associated with Modern Monetary Theory (MMT). Under this model, the government doesn’t operate like a household—it can generate new dollars rather than needing to have them in reserve before spending.
Reaction: Is Musk Undermining Trust in the U.S. Treasury?
Musk’s claims have sparked intense debate among financial experts, policymakers, and journalists.
📢 Critics argue that Musk may be using these revelations to stir distrust in the Biden administration’s Treasury Department and Trump’s Treasury Secretary, Scott Bessent.
💬 Journalist Laura Windsor wrote on X:
👉 “Either Elon is dumb, which we know he’s not, or this is a cynical ploy to undermine trust in Treasury. @SecScottBessent should tell us whether he agrees with this.”
Meanwhile, The Debt Collective, an organization advocating for student loan strikes, confirmed Musk’s assertion but framed it differently:
💬 “They’re actually kinda correct. The federal government issues money out of thin air. It’s not like a household that needs to have a dollar before spending it. The gov is the issuer of the dollar—so it creates it. We can either use it to pay for healthcare or fund wars overseas.”
Musk Reveals “Attempts on His Life” and Future Earth Predictions
🚀 The wide-ranging interview also touched on Musk’s personal security concerns.
👀 Musk revealed that since joining the government as a special employee under President Trump, there have been ‘attempts on his life.’
🔮 He also speculated about what Earth might look like in 10 years, though he did not elaborate on specific details.
DOGE Under Scrutiny: $105 Billion in Taxpayer Savings Claimed
📊 Musk’s Department of Government Efficiency (DOGE) has come under fire in recent weeks, as Musk and his team work to verify cost-cutting measures they claim have saved taxpayers $105 billion since Trump took office.
🖥️ However, some of the receipts documenting these savings have been mysteriously taken offline, leading to speculation about their accuracy.
📢 Musk addressed the situation, stating that he plans to republish the documents soon.
Final Thoughts: Is Government Spending Out of Control?
💰 If Musk’s claims are true, the revelation of 14 “magic money computers” raises serious concerns about transparency in government spending.
👨⚖️ Will Congress investigate these allegations?
📢 Do you think the U.S. government is hiding untracked spending, or is Musk exaggerating the issue?
💬 Share your thoughts in the comments below!