Bill Gates says Elon Musk's DOGE could be 'valuable' and that the federal deficit needed to be 'brought down'

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Bill Gates says Elon Musk's DOGE could be 'valuable' and that the federal deficit needed to be 'brought down'

//business-finance.news-articles.net/content/202 .. e-federal-deficit-needed-to-be-brought-down.html

Published in Business and Finance on Saturday, January 25th 2025 at 15:40 GMT by MSN

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Bill Gates said the federal deficit "needs to be brought down" when asked about DOGE during a recent interview.

2025-01-25 173 x 130 / 4015 Bytes

In a recent interview, Bill Gates discussed various economic and technological topics, including his views on cryptocurrencies and fiscal policy. Gates commented on Elon Musk's involvement with Dogecoin, suggesting that while he finds the idea of Dogecoin having value somewhat surprising, he acknowledges that if enough people believe in it, it could indeed hold value. He emphasized, however, that cryptocurrencies like Dogecoin do not produce anything tangible. On the topic of the U.S. federal deficit, Gates expressed concern, stating that the deficit needs to be addressed to prevent future economic instability. He highlighted the importance of balancing government spending with revenue to ensure long-term economic health, although he did not delve into specific policy recommendations.

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