Real estate investor and entrepreneur Grant Cardone is raising concerns about what he sees as one of the biggest financial threats facing Americans today: the hidden cost of inflation caused by government money printing.
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The ‘Invisible Tax’
In a tweet posted on April 19, Cardone argued that wars are not funded by taxpayers directly, but instead through the Federal Reserve printing more money. "Taxes don't fund wars, printing money fund them. If taxpayers had to approve the tax they would never support them," he wrote.
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"Instead, the gov't prints money — it's invisible to us, that's why it's called the ‘invisible tax.' The inflation comes later."
Cardone's post was a call to rethink the tax system altogether. His conclusion was straightforward: "Eliminate Taxes."
$2.7 Trillion in Trouble
In a recent TikTok video, Cardone expanded on another looming economic issue: the $2.7 trillion worth of institutional debt that he says is maturing over the next 30 months.
“All of it is owned by institutions, the biggest of the big,” Cardone said. “And the problem is so big, it could drag down 300 banks and some pension funds.”
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According to him, many of these debts are tied to failing commercial real estate projects, including major office buildings and apartment developments. “You’re seeing them trade for 10 cents on a dollar. Those are going back to banks, man. The banks don’t want these properties,” he said.
He also warned that some large government pension funds could fail as a result. "Some of these construction projects that you're seeing in downtown LA, they're going to fail," he added. "I've been predicting this would happen. I hope it doesn't."
Questioning the Role of Taxes
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Cardone has long been critical of the federal tax system, and in another post on X on April 8, he challenged the idea that taxpayers are getting anything of value in return.
"Earn $5,000 you pay IRS $1,500. What you got ➔ NOTHING," he tweeted. "Show me one thread of proof of how federal tax dollars improved conditions for you or your family."
Cardone's recent posts reflect a deep skepticism of how public funds are used and a growing concern about what inflation and debt mean for everyday Americans. Whether you agree with him or not, his message is striking a chord with many people.
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