• Yawweee877h444@lemmy.world
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    3 days ago

    The purpose seems to have been to make money on the wall street swings and dips. They did. And he’ll probably just do it again.

    It seems so obvious.

      • barneypiccolo@lemm.ee
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        2 days ago

        They aren’t even transferring it, that takes too much time, earning it, stealing it, lobbying congress for tax cuts and loopholes, etc.

        Much better to go into the Wall Street casino, and create new money out of thin air. Better yet, create a worthless coin, that doesn’t even exist, and tell your idiotic followers to buy it at a ridiculous price. Then make money on the increased value, as well as the exorbitant fees required to buy/sell it.

        • jagged_circle@feddit.nl
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          2 days ago

          That is a transfer of wealth. It means the old plutocrats (big banks, oil, military, etc) who aren’t in the know are forced to sell at the wrong time, while those in the know (tech bros and others who paid Trump millions for the privilege) will sell & buy at just the right time.

          That’s how wealth is transferred

    • barneypiccolo@lemm.ee
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      2 days ago

      It is obvious, As predicted, the Tariff Pump & Dump continues. He announces tariffs, the stock market dips and rolls for a while, then he removes the tariffs, and the stock market leaps.

      It’s the ultimate insider trading scheme, in which the participants get to directly manipulate the market at will.

  • hperrin
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    2 days ago

    And all of trumps billionaire buddies made absolute bank at the expense of the middle class.

  • tartarin@lemm.ee
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    3 days ago

    “And just like that, there is no more tariffs on China”.

    • Forrest Trump
      • lemmy_user_838586@lemmy.world
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        3 days ago

        In case anyone was confused… I was making fun of the title itself, lol I’m not a maga person, quite the opposite. The phrase total trump surrender just sounded ridiculous and could be interpreted both ways. Either trump totally surrendered, or Trump caused a total surrender of China, which do you think the maga people will interpret, and cheer on?

        • fluxion@lemmy.world
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          2 days ago

          Only MAGA would be so biased/brain-damaged that they’d misread the title that way, but the point still stands.