President Donald Trump shared a TikTok reel on Friday that declared he is “purposefully crashing the market.”
In the clip Trump shared without a caption on his Truth Social platform a narrator says, “Trump is crashing the stock market by 20 percent this month, but he’s doing it on purpose.
The narrator in the clip Trump shared went on to offer his take on the president’s strategy, “To push cash into treasuries, which forces the Fed to slash interest rates in May and those lower rates give the Fed the ability to refinance trillions of debt very inexpensively.”
“It also weakens the dollar and drops mortgage rates. Now it’s a wild chess move, but it’s working. Now you’re probably wondering, what about his tariffs? Well, I’ll tell you, it’s a genius play. It actually forces companies to build here to dodge them. It also forces farmers to sell more of their products here in the U.S. to bring grocery prices way down. We’ve already seen this with eggs. Now remember, 94% of all stocks are owned only by 8% of Americans. So Trump, he’s taking from the rich short term and handing it to the middle class through lower prices,” added the narrator as images of Trump and Americana moved across the screen.
https://www.mediaite.com/news/trump-shares-tiktok-video-claiming-he-is-purposefully-crashing-the-market/ Previous Message
Not sure the Dow agrees..
"April 2nd is Liberation Day in America!!! For DECADES we have been ripped off and abused by every nation in the World, both friend and foe," Trump wrote in a post on Truth Social. "Now it is finally time for the Good Ol' USA to get some of that MONEY, and RESPECT, BACK. GOD BLESS AMERICA!!!"
https://www.businessinsider.com/liberation-day-trump-tariffs-april-2-canada-mexico-imports-2025-3
you have to accept reality. it was stolen but there is no way to prove it.31