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Jinze 金泽|Feb 13, 2025 05:40
Recently, Musk fiercely criticized the Federal Reserve's "manpower surplus" and inefficiency on social media, and called for a comprehensive audit of the Federal Reserve to enhance transparency and accountability. He also called for the replacement of the current Federal Reserve chairman. But it should be noted that the Federal Reserve does not need to be supported by American taxpayers, but relies on its own operating income (mainly from interest on assets held), and most of its net profits will ultimately be turned over to the US Treasury. So the essence of reform under the name of "efficiency" is nothing more than reshaping the power structure.
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