Elon Musk: “In three years or less, my guess is goods and services…”

“So we're not there yet. But if you say, like, how long would it take us to get there? I think it's three years. Probably three years before. In three years or less, my guess is goods and services output will exceed the rate of inflation. Like money, goods and services growth will exceed money money supply growth in about three years. Maybe after those three years you have deflation and then interest rates go to zero and then the debt is a smaller problem than it is.” (50:41–50:49)

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.