Tesla CEO Elon Musk Warns a Major Fed Rate Hike Risks Deflation

Tesla CEO Elon Musk Warns Major Fed Rate Hike Risks Deflation CryptoGlobe

Tesla CEO Elon Musk has warned that a major rate hike by the Federal Reserve could cause deflation in the US economy. Musk’s warning follows an analysis by Ark Invest CEO Cathie Wood, who warned that “leading inflation indicators like gold and copper signal the risk of deflation.” Elon Musk, Fed rate hikes and deflation …

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