Of course it's on purpose whether he's actually aware of it or not. This is how wealth consolidates upwards. Trump is even on record saying he loves when the economy is down, that's when he can buy up all the low priced investments.
It's just a grift. It's capitalism working as intended.
The column opens with Treasury Secretary Scott Bessent's exasperated response Monday, while announcing new sanctions on Iran, to the suggestion he might have deliberately damaged the economy: "Why would I want to blow up the global financial system?"
To put the middle class in it's place, and to impress workers with the precariousness of their financial situation.
6 Comments
godsammitdam@lemmy.zip · 14 pts · 10d
Of course it's on purpose whether he's actually aware of it or not. This is how wealth consolidates upwards. Trump is even on record saying he loves when the economy is down, that's when he can buy up all the low priced investments.
It's just a grift. It's capitalism working as intended.
uen3@sh.itjust.works · 7 pts · 10d
Easily stunned, are we?
JigglySackles@lemmy.world · 2 pts · 8d
Gasp! You stunned me again! I don't think I can take much more.
Jhex@lemmy.world · 5 pts · 10d
This position comes from the assumption that the orange child rapist "could not possibly be this dumb"... I beg to differ
Corvidae@lemmy.world · 2 pts · 10d
To put the middle class in it's place, and to impress workers with the precariousness of their financial situation.
AWistfulNihilist@lemmy.world · 1 pts · 10d
Uhh yeah.