• dhork@lemmy.world
    link
    fedilink
    English
    arrow-up
    6
    ·
    1 month ago

    It’s not TACO this time, it’s market manipulation. They will make bank on today’s market rally, then position themselves to make money on the dip when Trump says “Sadly, it didn’t work out!”.

    • joekar1990@lemmy.world
      link
      fedilink
      English
      arrow-up
      4
      ·
      1 month ago

      Iran already said they never spoke and the straight will remain closed, but yes agreed he’s trying to manipulate the market to calm it since gas has skyrocketed. It’s literally the only thing that’s kept his inflation numbers looking low.

      • dhork@lemmy.world
        link
        fedilink
        English
        arrow-up
        2
        ·
        1 month ago

        agreed he’s trying to manipulate the market to calm it since gas has skyrocketed. It’s literally the only thing that’s kept his inflation numbers looking low.

        I honestly don’t think he cares about that. If inflation shoots up because of the war he will deflect publicly and blame anyone but himself. Meanwhile, he and his friends will continue to manipulate the market for their own personal profit.

        It’s a side effect of the SC ruling that held the President can only be held accountable to Congress for his official actions. So, there is nothing keeping him and his friends from trading on insider info regarding his decisions.

        He doesn’t care about the popularity of his decisions anymore. If he remains President past the end of his term, he won’t need votes to do it.