BTC $71,296.74 -3.73%
ETH $1,995.75 -3.97%
BNB $651.15 -4.92%
XRP $1.02 -4.66%
SOL $80.95 -4.54%
TRX $0.3152 -0.43%
DOGE $0.0649 -5.95%
ADA $0.1684 -5.92%
BCH $223.65 -3.75%
LINK $9.86 -5.65%
HYPE $70.67 -3.62%
AAVE $112.43 -9.03%
SUI $0.7860 -7.03%
XLM $0.1429 -5.37%
ZEC $953.82 -3.74%
AAPL $358.02 +1.16%
AMZN $269.29 +0.77%
GOOGL $296.13 +1.54%
MSFT $525.85 +0.41%
META $624.04 -2.24%
NVDA $164.96 -5.58%
TSLA $390.93 -0.72%
SNDK $926.22 -6.46%
INTC $61.09 -2.21%
SPCX $143.09 0.00%
MU $779.17 -3.83%
AMD $570.50 +4.56%
BTC $71,296.74 -3.73%
ETH $1,995.75 -3.97%
BNB $651.15 -4.92%
XRP $1.02 -4.66%
SOL $80.95 -4.54%
TRX $0.3152 -0.43%
DOGE $0.0649 -5.95%
ADA $0.1684 -5.92%
BCH $223.65 -3.75%
LINK $9.86 -5.65%
HYPE $70.67 -3.62%
AAVE $112.43 -9.03%
SUI $0.7860 -7.03%
XLM $0.1429 -5.37%
ZEC $953.82 -3.74%
AAPL $358.02 +1.16%
AMZN $269.29 +0.77%
GOOGL $296.13 +1.54%
MSFT $525.85 +0.41%
META $624.04 -2.24%
NVDA $164.96 -5.58%
TSLA $390.93 -0.72%
SNDK $926.22 -6.46%
INTC $61.09 -2.21%
SPCX $143.09 0.00%
MU $779.17 -3.83%
AMD $570.50 +4.56%

Musk: "DOGE dividends" will not trigger inflation because the funds come entirely from spending cuts

2025-02-20 12:58:57

ChainCatcher news, according to Jinshi reports, Musk stated that "DOGE dividends" will not trigger inflation, as the funds come entirely from spending cuts, and the beneficiaries are mostly taxpayers with a tendency to save. His goal of cutting $2 trillion in federal spending is the "most ideal outcome."

Previous news, Trump mentioned considering distributing 20% of the funds saved from DOGE to Americans, with 20% used for debt repayment.

app_icon
ChainCatcher Building the Web3 world with innovations.