Donald Trump and Elon Musk
Donald Trump (left) and Elon Musk.
  • Donald Trump and Elon Musk called out the pain caused by high levels of inflation in recent years.
  • Trump bemoaned that people can't afford groceries and savers have been "decimated" by rising prices.
  • Musk blamed inflation on government overspending and pushed for deregulation to bring down costs.

Donald Trump and Elon Musk lamented the brutal impact of rising prices in their X Spaces conversation on Monday.

"It's a disaster with inflation," the former US president said. "It doesn't matter what you make. The inflation has eaten you alive."