#ElonMusk known for his criticism of Canadian Prime Minister Justin Trudeau, who resigned on Monday evening, has come out in support of Conservative Party leader Pierre Poilievre. Musk shared a video of Poilievre chatting with workers in a factory about inflation.
Musk, who will be responsible for the “Government Productivity Agency” called DOGE along with Vivek Ramaswamy after the US elections, also stated that the “unnecessary” spending made by the Biden government triggered inflation.
“High taxes, printing money and borrowing…”
Poilievre, who is seen to have a high level of awareness about Bitcoin and cryptocurrencies, also criticized the government’s excessive spending in his speech to workers, like Musk:
“In order to reduce the damage caused by inflation, government spending, high taxes and budget deficits must be ended. The most important issue here is unnecessary excessive spending. When governments spend too much money, either debts or your taxes increase to erase them. It is then used to increase taxes again to pay off the debt. Of course, it is necessary to mention printing money. The result of printing money is taxed to the public…”
“Excellent comment…”
Musk made a short comment on this subject as he usually does and said, “Excellent comment…” Conservative Party leader Poilievre, who is close to the right wing like Musk, is currently the name that received the most votes for Canadian prime minister on betting platforms.
The prime ministerial candidate stated in a podcast broadcast he attended 2 years ago that he and his wife sometimes watch Bitcoin videos until late at night. It is known that Poilievre is also closely interested in the DeFi field in crypto.
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