March 18, 2025
No Interconnection
Musk explained that while government computers may seem interconnected, they’re often inaccurate, with discrepancies of 5-10%. He referred to these systems as “magic money computers” because they can create money out of thin air by simply issuing payments.
Source: X (@BTC_Archive)
These computers are primarily stationed at the Treasury Department, with some at Health and Human Services and Defense.
Increase In Direct Spending Increase
According to the Tesla CEO, the Department of Government Efficiency has been given full access to the magic computers. When Cruz asked him to elaborate, Musk reiterated that the computers simply “issue payments”.
Still, despite Elon’s claim of saving $105 billion for the U.S., the Treasury’s February report showed a $29 billion increase in direct spending, mainly due to higher debt servicing ($86 billion) and tax credits.