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Saturday, April 11, 2026
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Inflation

Every post where Trump mentioned “Inflation”.

Posts 557
Latest Mar 20, 2026, 2:56 PM
Oldest Dec 23, 2025, 6:55 PM
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Inflation at a glance

inflation as permanent political weapon attributed to enemies or self
Posts analyzed557
Phases7
Turning points9
Coverage2011–2026

Trump's engagement with inflation across 2011–2026 follows a structurally consistent but tonally inverted arc. From 2011 to 2013 he is a hawk warning of imminent catastrophic inflation from Fed recklessness — inflation that never arrived. From 2018 to 2020, as president, he celebrates the absence of inflation as proof of his own economic genius and uses it as a weapon against the Fed, demanding rate cuts. The 2022–2024 period is the political peak: Biden-era inflation becomes the central economic attack, rebranded as the 'Biden Inflation Tax', the defining issue of the 2024 campaign, and proof of Democratic policy failure. After re-taking office in 2025, Trump immediately claims victory over inflation — attributing the decline to tariffs rather than monetary policy — while simultaneously attacking Fed Chair Powell ('Too Late Jerome') for refusing to cut rates. By 2026 'virtually no inflation' is a mantra of self-congratulation, deployed alongside tariff vindication and 401(k) comparisons. Throughout, Trump's framing of inflation is always someone else's fault when it exists and always his personal achievement when it falls.

2011-2013
inflation hawk warning of imminent fed catastrophe

The Federal Reserve's quantitative easing and low interest rate policies are characterized as reckless and inevitably inflationary. Trump warns of 'record inflation' in multiple posts, links Fed policy to dollar devaluation, and connects inflation to Obama's economic mismanagement. The frame is one of a knowledgeable outsider who sees what the establishment refuses to acknowledge.

13 posts across three years with a remarkably consistent message: the Fed is 'recklessly flooding the market with dollars', the dollar is being destroyed, and record inflation is coming. The predicted inflation never materialized at the levels warned. Obama's spending and ObamaCare are cited as accelerators. Gold prices rising are interpreted as an inflation signal. In 2012 Trump specifically connects QE3 to food and fuel price inflation hitting low-income families. The frame is monetarist-populist: the Fed is creating a hidden tax on working Americans. Notably, these warnings prove empirically inaccurate — the 2010s were a period of historically low inflation — but the rhetorical template (Fed recklessness → coming inflation catastrophe) is established here and recycled later.

Turning point
Sep 29, 2011

The first post establishes Trump as a Fed hawk warning of imminent record inflation from quantitative easing. This sets the rhetorical template — Fed recklessness causes inflation — that will be recycled throughout the dataset in different political directions.

2018-2020
no inflation as presidential achievement vs fed incompetence

The absence of inflation becomes evidence of Trump's superior economic management. Simultaneously, the Fed is attacked for raising rates unnecessarily given that 'there is very little inflation' — a remarkable inversion of the 2011–2013 frame where inflation was imminent. Tariffs are shown to not cause inflation. The economy is booming precisely because inflation is low.

40 posts across three years. The core argument is a direct reversal of 2011–2013: now that Trump is president, low inflation is the proof of good governance, and the Fed is wrong to raise rates because 'there is no inflation'. The Fed attacks are frequent and specific — quantitative tightening, rate hike timing, comparison to European and Asian central banks cutting rates. The 2019 posts hammer the message repeatedly: 'No Inflation!', 'virtually no inflation', 'almost no inflation'. In 2018, low inflation is celebrated alongside strong corporate earnings and dollar strength. The 2020 posts maintain the low-inflation narrative while beginning to flag the Fed's failure to cut fast enough. Venezuela and Iran are used peripherally as inflation cautionary tales for socialist governance.

Turning point
Aug 16, 2018

As president, Trump inverts the 2011–2013 frame entirely: low inflation is now proof of his superior economic management, and the Fed is wrong to raise rates. The same Fed policies (low rates) he once warned would cause catastrophic inflation are now portrayed as insufficient. The rhetorical flip is complete and never acknowledged.

Turning point
Jul 5, 2019

The Fed attacks intensify through summer 2019 into a sustained campaign. 'No inflation!' appears in post after post as both a factual claim and a rhetorical weapon against Powell's monetary tightening. Trump publicly and repeatedly demands cuts that the Fed refuses to make.

2022
biden inflation as catastrophic policy failure

Biden-era inflation (peaking around 9% in mid-2022) is immediately attributed to Democratic spending policies, the 'Green New Deal', and Biden's reversal of Trump's energy policies. The counterfactual ('no inflation under Trump') is the anchor. The stock market crash and inflation together are framed as the direct consequence of Democratic economic mismanagement. Inflation joins border crisis and crime as the triple indictment of Biden governance.

53 posts. The July 2022 post is maximally grim: 'Major War raging in Europe, Highest Inflation in memory, worst 6 month Stock Market in History, highest Energy Prices EVER — and that is the Good News.' Inflation is consistently paired with gas prices and stock market decline as a unified economic catastrophe narrative. International comparisons appear (Germany at 70-year high inflation) to validate the scale. Candidate endorsement posts begin inserting 'Stop Inflation' as a standard policy bullet alongside border security and Second Amendment defense. The rhetorical shift from 'I warned you' (2011–2013) to 'this is what Democrats do' is complete.

Turning point
May 11, 2022

Biden-era inflation's emergence as a major economic issue triggers Trump's return to the topic with maximum political force. The counterfactual 'no inflation under Trump' is deployed immediately and never abandoned. Inflation becomes the primary domestic economic attack for the next three years.

2023
inflation as electoral cudgel and policy platform

Biden inflation is quantified ($7,400 lost per American family), linked to broader incompetence ('Inflation, Immigration, Incompetence — all begin with I'), and used as a campaign-platform anchor. Trump's no-inflation record is retrospectively celebrated as one of his greatest achievements. Impoundment is proposed as a tool to slash spending and stop inflation. The campaign contrast sharpens: Trump economy = no inflation; Biden economy = inflation catastrophe.

67 posts. The Heritage Foundation $7,400 figure becomes a recurring quantification. The 'three I's' formulation (Inflation, Immigration, Incompetence) turns inflation into a rhetorical triplet. Agenda47 formally links impoundment to inflation control. Paul Krugman is mocked for predicting a Trump-era crash that didn't happen, then celebrating the post-Trump inflation as someone else's problem. 'No wars, no inflation, best employment' becomes the standard Trump-era summary. Candidate endorsement posts standardize 'Stop Inflation' alongside border security as universal Republican platform planks across dozens of races.

2024 (Jan–Jul)
biden inflation tax as primary campaign issue

Inflation is formally rebranded as the 'Biden Inflation Tax' — a deliberate linguistic move to make it feel like a policy choice rather than an economic condition. The campaign platform consolidates 'Stop Inflation' as the domestic economic centerpiece alongside border security. Harris is attacked for her price controls proposal as a path to Venezuela-style famine.

295 posts in 2024 — by far the densest year in the dataset. While many are endorsement boilerplate, the substantive inflation posts reveal a deliberate brand evolution. The 'BIDEN INFLATION TAX' framing (capitalized) appears in May 2024. The 'NO TAX on SOCIAL SECURITY BENEFITS' pledge targets seniors on fixed incomes 'suffering the ravages of Comrade Kamala Harris' inflation nightmare'. The Harris price-controls attack ('Communist Price Caps... famine, starvation, and poverty') extends the Venezuela comparison directly to inflation policy. The all-caps September post 'THERE WAS NO INFLATION UNDER TRUMP!' is the purest distillation of the entire campaign message.

Turning point
May 17, 2024

The formal rebranding of inflation as a 'TAX' is a deliberate political move: it personalizes the economic condition as Biden's intentional policy choice rather than a global phenomenon, and places it in the same rhetorical category as tax increases.

Turning point
Sep 26, 2024

The all-caps post is the crystallization of the entire campaign inflation argument into a single declarative sentence. It strips out all nuance and context, functioning as a closing argument for economic competence.

2025
victory lap tariff vindication and fed attack

Inflation is falling and Trump claims full credit, attributing it to tariffs rather than monetary policy — a direct challenge to mainstream economics. 'Virtually no inflation' and 'almost no inflation' re-enter the vocabulary as achievement markers, mirroring the 2018–2020 language almost exactly. Powell is attacked relentlessly as 'Too Late Jerome' for refusing to cut rates despite the absence of inflation. The Fed is now the obstacle to even greater economic success.

76 posts. The pattern from Trump's first term is reproduced almost exactly: low inflation = Trump's achievement; Fed refusing to cut = incompetence. Kevin Hassett cites 'lowest core inflation in four years'. Trump claims tariffs are bringing in trillions while not causing inflation — directly contesting the economic consensus. A Fed study purportedly showing 150 years of evidence that tariffs lower inflation is amplified. Argentina's Milei is praised for defeating inflation inherited from the 'Radical Left' — an implicit parallel to Trump's own situation. The December post declares 'Biden caused the worst inflation in history, I've fixed it' as the year-end summary.

Turning point
Apr 15, 2025

The 'Promises Made, Promises Kept' post on falling prices marks the transition from attack mode to victory lap. Tariffs are credited directly for bringing down inflation — establishing the counter-narrative to mainstream economic analysis that tariffs are inflationary.

Turning point
May 8, 2025

With inflation falling, Trump shifts from celebrating low prices to demanding rate cuts from Powell, whom he nicknames 'Too Late Jerome'. This mirrors the 2019 Fed attacks almost exactly: low inflation is now being used as justification for cuts rather than as a standalone achievement.

2026 (Jan–Mar)
dis inflationary boom narrative and legacy comparison

Inflation is now a settled achievement. The frame shifts to comparative legacy-building: 401(k) gains under Trump vs. losses under Biden, 'dis-inflationary boom', housing affordability restored, MAHA movement credited with food price decline. Powell is still attacked for not cutting despite 'virtually no inflation'. Tariffs are definitively framed as the cause of low inflation, not inflation itself.

13 posts. The 'DIS-inflationary boom' coinage in January 2026 is the most sophisticated economic framing in the entire dataset — combining growth and falling prices into a single branded concept. The Stephen Moore 401(k) comparison ($20,700 real gain under Trump vs. $24,800 real loss under Biden) is the most data-specific post in the dataset. The Presidents' Day post lists 'Prices and Inflation are Way Down' as the first economic achievement bullet. The housing affordability post explicitly blames 'Record High Inflation caused by Joe Biden' for killing homeownership dreams — returning to the 2022 themes but now in the past tense as a solved problem.

Turning point
Jan 13, 2026

The 'DIS-inflationary boom' coinage represents the most sophisticated packaging of the inflation narrative: not just low inflation, but a structural economic regime that combines growth and falling prices simultaneously, attributed entirely to Trump's tariff-led economic model.

Showing topic matches within the selected time window.

Inflation posts over time

Color intensity reflects mention frequency relative to the busiest month.

JanFebMarAprMayJunJulAugSepOctNovDecTotal
20114
20128
20131
20184
201934
20202
202252
202368
2024295
202576
202613
Showing 20 of 557 matching posts
Post preview from Donald Trump

I met with Hope Scheppelman and her husband Steven, of the Radical Left State of Colorado, to discuss various opportunities to serve our Country in a different capacity than her current run for the United States Congress. Hope and Steven are wonderful and patriotic Veterans of our U.S. Navy, and loyal supporters of our Historic MAKE AMERICA GREAT AGAIN Movement. Therefore, I am proud to announce that they will be leaving the Campaign trail in order to join my Administration, in a capacity to be determined.\n \nTogether with them, we decided that Congressman Jeff Hurd, of Colorado’s 3rd Congressional District, should in no way, shape, or form, be impeded from winning the District in that the Democrat alternative is a DISASTER for our Country. Therefore, I will be fully supporting Jeff’s Re-Election to the House of Representatives, giving him my Complete and Total Endorsement! Every true MAGA supporter and Republican, if they truly care about saving our Country, will do everything in their power to unify together, and defeat the Crazed Radical Left Democrats this November. If they seize power, they will spend every minute trying to “turn back the clock” to Record Inflation, Skyrocketing Prices, High Taxes, Open Borders, Men in Women’s Sports, Transgender for Everybody, Corrupt Elections, “Get Out of Jail Free Cards” for Violent Criminals, and Terrorists, and much more — We cannot let this happen! It is time to stand together against the people that want to destroy our Great Nation, and vote for Jeff Hurd, who will do a fantastic job as your Congressman, including Growing the Economy, Cutting Taxes and Regulations, Promoting MADE IN THE U.S.A., Advancing American Energy DOMINANCE, Keeping our Border SECURE, Supporting our Military/Veterans, Defending our always under siege Second Amendment, and Ensuring PEACE THROUGH STRENGTH. Congratulations to Jeff Hurd and, MAKE AMERICA GREAT AGAIN! President DJT

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Post preview from Donald Trump

Stephen Moore: “New Unleash Prosperity study: 401(k) balance under Trump saw an inflation-adjusted gain of $20,700 (15.1%) for American workers  \n \nBy contrast, during the four years of the Biden administration, the average 401(k) saw a crushing $24,800 real loss (-15.3%).\n \nAggregate 401(k) balances topped $10 trillion for the first time in history, signaling a broad-based recovery from the Biden slump.\n \nSix out 10 Americans have IRA or 401k accounts.”

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Post preview from Donald Trump

Happy President’s Day! Prices and Inflation are Way Down. The Stock Market, and your 401k’s, are Way Up. Our Military is Strong and Powerful, Our Law Enforcement is GREAT, and Our Border is 100% Secure. Murders (YEAR 1900!) and Crime are at RECORD LOWS, and Our Country is Bigger, Better, and Stronger than EVER BEFORE!!! Working Hard - ENJOY YOUR DAY! President DJT

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Post preview from Donald Trump

Sometimes in life you waste time! T.V. Host Bill Maher asked to have dinner with me through one of his friends, also a friend of mine, and I agreed. He came into the famed Oval Office much different than I thought he would be. He was extremely nervous, had ZERO confidence in himself and, to soothe his nerves, immediately, within seconds, asked for a “Vodka Tonic.” He said to me, “I’ve never felt like this before, I’m actually scared.” In one respect, it was somewhat endearing! Anyway, we had a great dinner, it was quick, easy, and he seemed to be a nice guy and, for his first show after our dinner, he was very respectful about our meeting — But with everything I have done in bringing our Country back from “OBLIVION,” why wouldn’t he be? But then I noticed his show started to devolve into the same old story — Very boring, ANTI TRUMP, no mention of the PERFECT Border, Lowest Crime in 125 years, the Mass Removal of Stone Cold Criminals, the 50,000 DOW, the 7,000 S&P (Both Highest Ever!), Least Number of Murders since 1900, Venezuela, “Midnight Hammer,” Soleimani DEAD, al-Baghdadi DEAD, Lowest Inflation in YEARS (1.2% for last three months!), the Rebuilding of our Military, Eight War Stoppages, and on, and on, and on! In any event, it was a total waste of time for me to have this jerk at the White House and last night, after explaining what a DISASTER Canadian “Leaders” are to deal with, how Canada has “ripped off” the United States for years on TRADE (But not anymore!), I jokingly stated in a TRUTH that, “The first thing China will do is terminate ALL Ice Hockey being played in Canada, and permanently eliminate The Stanley Cup.” Well, he went on and on about the Hockey statement, like “What kind of a person would say such a foolish thing as this,” as though I were being serious when I said it. Fortunately, his Television Ratings are so low that nobody will learn about his various Fake News statements about me. He is no different than Kimmel, Fallon, or Colbert but, I must admit, slightly more talented! Anyway, Bill Maher is a highly overrated LIGHTWEIGHT, and Republicans should stop using him to show how the Left is coming over our way — Our Base, the Greatest of All Time, laughs at your weakness when you do it! Maher asked me if he could come back to the White House again and, with his friend, also asked to come to the wonderful White House Christmas Party, but he didn’t. Regardless, I’d much rather spend my time MAKING AMERICA GREAT AGAIN than wasting it on him. Bill continues to suffer from a severe case of Trump Derangement Syndrome (TDS!), and there is nothing that will ever be done to cure him of this very serious disease. Thank you for your attention to this minor matter! President DJT

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Post preview from Donald Trump

How Trump's MAHA movement unexpectedly took a bite out of food price inflation: https:// justthenews.com/government/whi te-house/how-maha-movement-unexpectedly-lowered-food-price-inflatio

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Post preview from Donald Trump

Jerome “Too Late” Powell again refused to cut interest rates, even though he has absolutely no reason to keep them so high. He is hurting our Country, and its National Security. We should have a substantially lower rate now that even this moron admits inflation is no longer a problem or threat. He is costing America Hundreds of Billions of Dollar a year in totally unnecessary and uncalled for INTEREST EXPENSE. Because of the vast amounts of money flowing into our Country because of Tariffs, we should be paying the LOWEST INTEREST RATE OF ANY COUNTRY IN THE WORLD. Most of these countries are low interest rate paying cash machines, thought of as elegant, solid, and prime, only because the U.S.A. allows them to be. The Tariffs being charged to them, while bringing in $BILLIONS to us, still allows most of them to have a significant trade surplus, though much smaller, with our beautiful, formerly abused Country. In other words, I have been very nice, kind, and gentle to countries all over the World. With a mere flip of the pen, $BILLIONS more would come into the U.S.A., and these countries would have to go back to making money the old fashioned way, not on the back of America. I hope they all appreciate, although many don’t, what our great Country has done for them. The Fed should substantially lower interest rates, NOW! Tariffs have made America strong and powerful again, far stronger and more powerful than any other Nation. Commensurate with this strength, both financial and otherwise, WE SHOULD BE PAYING LOWER INTEREST RATES THAN ANY OTHER COUNTRY IN THE WORLD! Thank you for your attention to this matter. President DONALD J. TRUMP

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Post preview from Donald Trump

RT @realDonaldTrump The people who brought the Tariff Litigation against our Country, now in the United States Supreme Court, are strongly China oriented, and very upset by the fact that the United States is doing so well — GIANT GROWTH AND INVESTMENT, ALMOST NO INFLATION! These people, in some cases Americans, should be ashamed of themselves. MAKE AMERICA GREAT AGAIN!

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Post preview from Donald Trump

The people who brought the Tariff Litigation against our Country, now in the United States Supreme Court, are strongly China oriented, and very upset by the fact that the United States is doing so well — GIANT GROWTH AND INVESTMENT, ALMOST NO INFLATION! These people, in some cases Americans, should be ashamed of themselves. MAKE AMERICA GREAT AGAIN!

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Post preview from Donald Trump

Great Financial Numbers were released today — Our Country has never done better! So many people ask me the reason for this, and I tell them, in just one word — TARIFFS! We’ve taken in Hundreds of Billions of Dollars, with virtually No Inflation, and our National Security has never been as strong as it is today. GOD BLESS THE U.S.A.

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Post preview from Donald Trump

Under my stewardship, the Economy is booming! A Manufacturing Renaissance and soaring Household Incomes are powering GDP gains that have not been seen in decades, and we are undergoing a DIS-inflationary boom. The Private Sector is growing by over 5% thanks to the most Business Investment we have ever seen, maybe in History, and Inflation trends are looking GOOD. All the smart money knows the “HOTTEST” Economy in the World is the U.S.A. TIME TO INVEST!

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Post preview from Donald Trump

JUST OUT: Great (LOW!) Inflation numbers for the USA. That means that Jerome “Too Late” Powell should cut interest rates, MEANINGFULLY!!! If he doesn’t he will just continue to be, “TOO LATE!” ALSO OUT, GREAT GROWTH NUMBERS. Thank you MISTER TARIFF! President DJT

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Post preview from Donald Trump

Biden ignored the Housing Market, and instead was immersed with High Crime, Open Borders, runaway INFLATION, the Afghanistan Disaster, and a Military that he left in Chaos and Confusion. Everything was broken, but I, as President of the United States, have already fixed it! Now, I am giving special attention to the Housing Market. Because I chose not to sell Fannie Mae and Freddie Mac in my First Term, a truly great decision, and against the advice of the “experts,” it is now worth many times that amount — AN ABSOLUTE FORTUNE — and has $200 BILLION DOLLARS IN CASH. Because of this, I am instructing my Representatives to BUY $200 BILLION DOLLARS IN MORTGAGE BONDS. This will drive Mortgage Rates DOWN, monthly payments DOWN, and make the cost of owning a home more affordable. It is one of my many steps in restoring Affordability, something that the Biden Administration absolutely destroyed. We are bringing back the AMERICAN DREAM that was destroyed by the last Administration. MAKE AMERICA GREAT AGAIN!

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Post preview from Donald Trump

For a very long time, buying and owning a home was considered the pinnacle of the American Dream. It was the reward for working hard, and doing the right thing, but now, because of the Record High Inflation caused by Joe Biden and the Democrats in Congress, that American Dream is increasingly out of reach for far too many people, especially younger Americans. It is for that reason, and much more, that I am immediately taking steps to ban large institutional investors from buying more single-family homes, and I will be calling on Congress to codify it. People live in homes, not corporations. I will discuss this topic, including further Housing and Affordability proposals, and more, at my speech in Davos in two weeks.

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Post preview from Donald Trump

The polls are rigged even more than the writers. The real number is 64%, and why not, our Country is “hotter” than ever before. Isn’t it nice to have a STRONG BORDER, No Inflation, a powerful Military, and great Economy??? Happy New Year!

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Post preview from Donald Trump

Trump Hammers the ‘Mess’ Biden Left on Border, Inflation, Wages: ‘I’m Fixing It’: https://www. breitbart.com/politics/2025/12 /18/trump-hammers-the-mess-biden-left-on-border-inflation-wages-im-fixing-it/

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Post preview from Donald Trump

Tariffs are creating GREAT WEALTH, and unprecedented National Security for the USA. Trade deficit has been cut by 60%, totally unheard of. 4.3% GDP, and going way up. No inflation!!! We are respected as a Country again.

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Deleted
Post preview from Donald Trump

Tariffs are creating GREAT WEALTH, and unprecedented National Security. for the USA. Trade deficit has been cut by 60%, totally unheard of. 4.3% GDP, and going way up. No inflation!!! We are respected as a Country again.

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Post preview from Donald Trump

Merry Christmas to all, including the Radical Left Scum that is doing everything possible to destroy our Country, but are failing badly. We no longer have Open Borders, Men in Women’s Sports, Transgender for Everyone, or Weak Law Enforcement. What we do have is a Record Stock Market and 401K’s, Lowest Crime numbers in decades, No Inflation, and yesterday, a 4.3 GDP, two points better than expected. Tariffs have given us Trillions of Dollars in Growth and Prosperity, and the strongest National Security we have ever had. We are respected again, perhaps like never before. God Bless America!!! President DJT

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Post preview from Donald Trump

Growth is up and Inflation is down in President Trump’s first year! Matthew Continetti, American Enterprise Institute

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Post preview from Donald Trump

THE TRUMP RULE: \nThe Financial News today was great — GDP up 4.2% as opposed to the predicted 2.5% (and this, despite the downward pressure of the recent Democrat Shutdown!) — But in the Modern Market, when you have good news, the Market stays even, or goes down, because Wall Street’s “heads” are wired differently than they used to be. In the old days, when there was good news, the Market went up. Nowadays, when there is good news, the Market goes down, because everybody thinks that Interest Rates will be immediately lifted to take care of “potential” Inflation. That means that, essentially, we can never have a Great Market again, those Markets from the time when our Nation was building up, and becoming great. Strong Markets, even phenomenal Markets, don’t cause Inflation, stupidity does! I want my new Fed Chairman to lower Interest Rates if the Market is doing well, not destroy the Market for no reason whatsoever. I want to have a Market the likes of which we haven’t had in many decades, a Market that goes up on good news, and down on bad news, the way it should be, and the way it was. Inflation will take care of itself and, if it doesn’t, we can always raise Rates at the appropriate time — But the appropriate time is not to kill Rallies, which could lift our Nation by 10, 15, and even 20 GDP points in a year — and maybe even more than that! A Nation can never be Economically GREAT if “eggheads” are allowed to do everything within their power to destroy the upward slope. We are going to be encouraging the Good Market to get better, rather than make it impossible for it to do so. We are going to see numbers that are far more natural, and far better, than they have ever been before. We are going to, MAKE AMERICA GREAT AGAIN! The United States should be rewarded for SUCCESS, not brought down by it. Anybody that disagrees with me will never be the Fed Chairman!

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