When asked about the high economic inflation numbers Americans are dealing with, President Donald Trump said that he loves it.
“No, I love it. The numbers were great,” Trump said Wednesday. “I love the inflation.”
Trump admitted that he destroyed the greatest economy in history for his war.
“We hit the best economy we’ve ever hit [prior to the war],” Trump said.
“We had just hit the highest stock market in history, highest 401k’s in history,” Trump said from the Oval Office. “Everything was going well, and I said I hate to do this to you guys but Iran’s going to have a nuclear weapon very soon. We have to go and attack.”
PBS detailed the inflation that Americans are experiencing, which is being led by high oil prices due to the Iran war:
Rising gas prices pushed inflation to its highest level in three years last month, a headache for the Federal Reserve and a potential political challenge for the Trump administration as midterm elections near.
Consumer prices rose 4.2% in May from a year earlier, the Labor Department said Wednesday, up from 3.8% in April and the third straight increase. On a monthly basis, prices rose 0.5% last month, after big gains of 0.6% in April and 0.9% in March.
The President discussed how the stock market is at all time highs, failing to mention that those stock market valuations are in inflated dollars.
Additionally, an AI data center bubble represents a major part of the top of the stock market.
