He says there are 14 computers in all that send out payments — mostly, though not entirely, at the U.S. Treasury. What Musk described is indeed how the global financial system works.

The Birmingham Water Works Board is spending $7 million to overhaul its main computer system before the software becomes obsolete. The utility must replace the current system used to track water ...

Elon Musk discovers 'magic money computers,' or how the U.S. financial system actually works Provided by Dow Jones Mar 18, 2025, 12:28:00 PM By Steve Goldstein ...