Elon Musk Calls U.S. Dollar a 'Scam' Amid Rising Inflation Fears and Growing National Debt
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Elon Musk called the U.S. dollar a "scam" amid concerns over rising U.S. debt and inflation.
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Musk's comments come as some warn U.S. debt could create an inflationary "death spiral" for the dollar and boost bitcoin.
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U.S. national debt recently topped $33 trillion, fueling inflation fears.
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Musk has flipped between bitcoin support and criticism, impacting prices.
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Some speculate Musk could make Twitter more like PayPal, which now supports crypto.