• Rhaedas@fedia.io
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    6 days ago

    “Things are still going to be expensive for the commons.”

    Stock goes up

    Like I said elsewhere, I don’t think this is a total manipulation to increase wealth, but damn if it does show the market is a huge smoke and mirrors and not anything of substance.

    • Subscript5676@lemmy.ca
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      5 days ago

      It might not be manipulation, but from the “buy now” messaging that they said, it effectively is.

      • humanspiral@lemmy.ca
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        5 days ago

        It’s a little more complex. It’s market manipulation to control chaos. They are admitting that they intentionally did maximum evil, so that they could bring allies/world to its knees begging for relief, but then still put unjustified 10% tariffs on them. Through the chaos, investors and businesses most desperate to survive may have made decisions that permanently impoverished them. Don Jr. is likely to have portfolio trading gains that put Nancy Pelosi to shame.

        It’s not really market manipulation to publicly say “buy now” (it would be if privately told to a few friends with notice of chaos reversal). But an issue is that those who think Trump is a lying idiot, won’t buy now, while those who think he’s orange jebus, would.