General Discussion
In reply to the discussion: Someone got tipped off on Donald Trumps 90 day pause on tariffs. [View all]patphil
(8,591 posts)I thought he would let the market go down a few thousand points more before announcing a "pause".
Maybe he wanted to preempt any Congressional action to take away his tariff power so he can do it again in a few months.
It's all blatant manipulation and insider trading. The rich get richer, and everyone else gets screwed.
If he had done nothing, the results would have been catastrophic. The securities market was already under attack, and if Trump waited another week, it would have been brutal.
He's getting good advice from people who know how to manipulate markets, and he's listening to it.
I didn't think he would.
The takeaway here is that the whole tariff thing was just a smoke screen for market manipulation.
As usual, it's all about the money.
Silly me, I thought he actually believed the hype he was putting our about Making America Great Again.
All he really wanted was to make the rich richer, including himself.