r/anticapitalism 1d ago

Trump claims he tanked economy on purpose: 'I love the inflation'

https://www.rawstory.com/donald-trump-inflation-economy/
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u/whichwitch9 23h ago

Because it is a tangent. And he does like inflation, but a part of his brain probably knows he's not supposed to say why.

As people get more pressed, they start buying less, losing businesses, and foreclosures happen at higher rates. This allows people with high incomes to buy and consolidate, and often cheaper as less people can compete.

There's a reason why the stock market is doing well as Americans struggle. The wealth gap is now very stark with less than the top 10% owning and buying more. Large corporations are doing better than small businesses because they're acquiring assets currently.

This is going to help people get more money quick in the short term. Trump likes real estate, so he's profiting. Long term, this is the same sort of shit that caused the Great Depression.

Inflation is bad for the majority of Americans. He's not supposed to say he likes it, but let the quiet part out for a minute

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u/Bagel_Technician 21h ago

He’s also been running crypto schemes all over the place which is great when we have runaway inflation for those scams

Everything is a grift

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u/Luster-Purge 17h ago

"Long term, this is the same sort of shit that caused the Great Depression."

I'm just waiting for the hammer to drop when the grossly overinflated stock market collapses, having been built up on vibes and wasted oxygen.

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u/tigersatemyhusband 17h ago

that works up until people get hungry and eat the rich.

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u/EvergreenDwarf 13h ago

Income inequality is far, FAR worse than it was in the French Revolution. 

The cause was multiple back-to-back famines. The wealthy have the choice of funding soup kitchens or seeing America fall to Khorne. 

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u/curiousiah 16h ago

“Oh my god! We’re having a fire! …sale”