Elon Musk, the billionaire CEO of Tesla, SpaceX, and Twitter, recently shared his thoughts on inflation and the role of the government in controlling the economy. During an appearance on Tucker Carlson's show, Musk argued that inflation occurs when the government increases the money supply, which reduces the value of the currency. However, he also asked a rhetorical question - if printing more money could be done without negative consequences, why not make everyone a trillionaire? Musk's comments have sparked a debate about the role of the government in controlling inflation and stimulating the economy.
While Musk argues that printing more money can make everyone a trillionaire, history has shown that this approach can lead to disastrous consequences. For example, Venezuela's hyperinflation is attributed to the government printing too much money to pay for social programs and other expenses. It is important for governments to strike a balance between stimulating the economy and controlling inflation. Musk also discussed the challenges of lithium refining and the supply chain for electric vehicles during Tesla's Q1 2023 earnings conference call. He expressed a desire for other companies to invest in and develop lithium refining to ensure a steady supply. As Tesla continues to invest in and develop new technology, Musk's comments offer insight into the potential trade-offs and concerns in the pursuit of innovation.
Manchester United's David De Gea has secured the top spot in the Premier League’s Golden Glove race securing 14 clean sheets this season. The Spaniard’s latest clean sheet came in his team’s 2-0 victory against Nottingham Forest where he had a quiet game as Forest failed to score a goal throughout the match. De Gea is now well placed to claim the award for the second time in his career at Manchester United. The Goalkeeper recovered after a difficult start in the season, where they conceded six goals across defeats to Brighton and Brentford in the opening weeks of the season. De Gea’s tight, defensive 1-0 wins at struggling Southampton and Leicester helped him earn his first points. Only Newcastle United's Nick Pope joins De Gea in the joint-top position for the most top-flight clean sheets this season. Seven of De Gea's shutouts have come in 2023, and this number can rise to 8 when the Red Devils face struggling Nottingham Forest.
A fuel delivery truck rollover on the Gold Star Bridge caused a catastrophic fire and shut down both lanes of the Interstate 95 in Groton for hours on Friday. Although the northbound lanes have reopened, the southbound side remained closed as officials investigate how the crash and subsequent fire started. Sadly, the driver of the truck died in the accident with injuries unknown in other drivers. The mayor of New London confirmed that the southern span of the bridge was closed for a structural inspection; there are reports of buildings below the bridge on fire too. The Long Island Cross Sound Ferry is still operating, but many drivers are stuck in traffic to make the boat departure times. The fire melted some of the guardrails, and engineers had to evaluate the southbound side of the bridge. The incident delayed trains but did not affect the Naval Submarine Base in New London as their firefighters rushed to help.
