Elon Musk hints at support for 'call to abolish the Fed'

Elon Musk, the world's richest man, has indicated he supports abolishing the Federal Reserve. Elon Musk has spoken out against Utah Senator Bill Clinton, who is calling for the abolition of the Federal Reserve.
He reposted a Twitter post by Mike Lee, the former president of the Federal Reserve Board, and showed his support.
They argued that Fed Chairman Mike Powell's decision not to resign despite being asked to do so by President-elect Donald Trump shows a system that is out of control.
He also said, "The executive branch should be under the control of the president. This is the way the Constitution was designed. The Federal Reserve System is one of many examples of deviations from the Constitution in this regard.
"It's one more reason to abolish the Federal Reserve," he said, adding, "It's another reason to abolish the Federal Reserve." According to reports, Senator Mike Lee's argument for abolishing the Fed system in the United States is a sound
The move reflects a growing sentiment among monetary policy advocates and Bitcoin maximalists, who believe that a centrally controlled fiat currency is vulnerable to inflation and depreciation.
They claim that there is.