Elon Musk criticized U.S. financial policy

10:29 - 31.03.2023

March 31, Fineko/abc.az. Tight monetary policy in the U.S. forces foreign countries to abandon the dollar.

ABC.AZ reports that entrepreneur Elon Musk wrote about this on his Twitter account.

"Combined with excessive government spending, which forces other countries to absorb a significant part of our inflation," Musk added in response to the post of financial analyst Genevieve Roche-Decte.

According to Roche-Degty, the dollar is losing its reserve currency status.