The Federal Reserve System of the United States (Fed). On his social media page, he criticized the excessive bureaucracy in the Fed's operations, hinting that the system needs serious changes. In his opinion, the actions of the Fed too often hinder the development of the economy and innovative sectors, including cryptocurrencies and blockchain technologies.
Interestingly, this criticism coincided with statements made by elected President Donald Trump, who recently called for a reevaluation of the country's monetary policy. Trump believes that the Fed is too conservative in its approaches, which hinders the U.S. from remaining competitive on the global stage.
Musk has previously criticized traditional financial institutions, including banks and regulators, emphasizing the need for reforms that meet the challenges of the digital age. It seems that the topic of changing the Fed's policy is becoming increasingly relevant for both business and government.
The question now is whether the authorities are ready to listen to the opinions of influential figures like Musk, and whether they will reconsider the financial strategy of the United States?