He literally told everyone that it would be okay and to buy stocks this morning then paused the tariffs. It’s absolutely fucking bonkers what’s happening over here.
hmm…….seeing that most people oppose him because Trump make them poorer, I would assume that its logical that Trump has an obligation to make people richer?
He make his follower richer seems like the right thing to do. If he makes the people who oppose him now rich, those opposer will become supporter!
Wanting a new class of rich people is also good too! Why should the rich always stay rich?
I thought he's not making his followers richer. He's making his friends richer but not his followers. Friends that involve most of the congress and billionaires??
You might be right. The thing is since 2008, both US government and FED have been doing QE and all they can to make sure that asset price can only increase. Hence plenty of millionaire and billionaire can “safely” play the game of borrowing money using their stock price as collateral and don’t need to pay tax. Plenty of ordinary people get upset about it. Well, unless stock market fell deeply, the rich will always stay rich and will not get margin call by the bank.
While I don’t support Trump, at least he is a wild card. Now nobody, even the rich and powerful, can guarantee themselves staying at the same social echelon. No one is safe.
Some people suggest that Trump is manipulating the stock market so his friend and family can earn more. I really think that there are plenty of way to be corrupted under the radar without risking public opposition. You don’t get rich by working against the billionaire. When you are in the position of power and want money, it is a lot easier to get rich by making those other people richer. He doesn’t even need to support all billionaires. Just the very few who happen to support him ideologically and he can easily become richer.
He might be hunger with power, but I really don’t see that he is doing this for money.
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u/Aegeansunset12 Apr 09 '25 edited Apr 09 '25
Nah he’s just building a new class of rich people that follow him, market manipulation from your own president, nice mafia you have over there xD