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Showing Original Post only (View all)Trump Shares Video About How He Is 'Purposely Crashing the Stock Market' [View all]
Source: Rolling Stone
April 4, 2025
Financial markets are taking a nosedive for the second straight day amid global panic and investor anxiety over Donald Trumps implementation of broad tariffs on foreign imports. Economists are warning that the presidents actions are putting not just the United States, but the world at risk of a global recession, and that working class Americans will experience acute economic pain. Fret not, says the president, he is apparently playing chess while the world is playing checkers whatever that means. Even some of his most prominent GOP supporters arent buying it.
On Friday morning, the president shared a link on Truth Social to what appears to be a video claiming that he was Purposely CRASHING The Market. The one-minute video originally shared March 15 on TikTok predates the presidents tariff announcement on Wednesday. It claims that Trump is crashing the stock market by 20 percent this month, but hes doing it on purpose. [
] Heres the secret game hes playing, and it could make you rich.
The video proposes that Trump is attempting to push cash into treasuries, which forces the Fed to slash interest rates in May, and those lower rates give the Fed the ability to refinance trillions of debt very inexpensively. It also weakens the dollar and drops mortgage rates. Now its a wild chess move, but its working. What about his tariffs? Ill tell you, its a genius play, the video adds. It actually forces companies to build here to dodge them. It also forces farmers to sell more of their products here in the U.S., to bring grocery prices way down. Weve already seen this with eggs. Now, remember, 94 percent of all stocks are owned only by 8 percent of Americans.
So Trump, hes taking from the rich short term and handing it to the middle class through lower prices. Sound dodgy and completely made up? Dont stress, the video makes sure to point out that super rich guy Warren Buffett just said [that] Trump is making the best economic moves hes seen in over 50 years. Only Warren Buffett never said that. He actually called Trumps proposed tariff regime an act of war.
Read more: https://www.rollingstone.com/politics/politics-news/trump-shares-post-purposely-crashing-stock-market-1235310745/
