What would be the implications of Elon Musk's proposed audit of the U.S. gold reserves at Fort Knox?
An audit led by Musk could significantly impact public trust in government financial representations by verifying the existence and condition of gold reserves or challenging broader credibility if discrepancies are found. The thorough inspection would involve weighing and assessing each gold bar against official records, though experts note this would be costly and time-consuming. Public reaction has been mixed but largely supportive of Musk's transparency initiative. Many view this audit as necessary to restore confidence in U.S. financial practices amid growing skepticism toward government accountability, suggesting it represents an important step toward greater financial transparency and verification of public assets.
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Public Support for Audit Transparency
WION·8 months ago