Topic

Trump praises rising US inflation

3 months ago

U.S. President Donald Trump said he "loved the inflation" after data showed U.S. annual inflation rose to about 4.2 percent in May, the highest in three years.

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As inflation surges due to Trump's Iran War, don't forget it was already rising before the war thanks to his tariffs.

And despite them being ruled illegal, Trump still hasn't given us a tariff refund!
June 11, 2026 at 10:03 PM
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“No one gives a sh*t about housing.”

“If [gas prices] rise, they rise.”

"I don’t think about Americans’ financial situation."

"I love the inflation."

Donald Trump really is a man of the people, isn't he?
June 11, 2026 at 9:15 PM
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Question:

Who among you "loves inflation"?

If you are a consumer do you "love inflation"?
Trump really just said this...
June 11, 2026 at 7:12 PM
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Oil executives warn White House that gas prices will get worse

Grim predictions add to the problems of a president already facing a sharp rise in inflation. www.washingtonpost.com/politics/202...
Oil executives warn White House that gas prices will get worse
Grim predictions add to the problems of a president already facing a sharp rise in inflation.
www.washingtonpost.com
June 11, 2026 at 7:10 PM
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President Trump says he loves inflation.

He and his entire administration are so out of touch with how hard it is for working people to just pay their bills in this economy.

Working people need real leadership NOW.
Reporter: Are you concerned, Mr. President, about the latest inflation number which came out this morning?

Trump: No, I love it. I love the inflation.
June 11, 2026 at 6:36 PM

Reposted by Greg Linden

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Nobody has ever demonstrated this kind of mastery of financial manipulation.

Donald Trump was able to manufacture hundreds of billions of dollars in financial market activity (both rising stock prices and falling oil prices) out of thin air.

*Nothing* changed yet boom.
June 11, 2026 at 6:27 PM
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CPI inflation hit 4.2% and wholesale inflation hit 6.5% in May — the highest levels in three years.

Do not forget this is the result of the reckless and deadly decision-making of one man: Donald Trump.

We are paying the price for his warmongering.
June 11, 2026 at 6:22 PM
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Welfare costs of oil price shocks increase across countries with oil dependency, monetary policy reaction to inflation, and intertemporal elasticity of substitution measures. dx.doi.org/10.2139/ssrn.497...
June 11, 2026 at 6:00 PM
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Another absurd WSJ editorial
www.wsj.com/opinion/infl...
Opinion | An Inflation Silver Lining
The energy shock is hitting consumers, but not yet overall prices.
www.wsj.com
June 11, 2026 at 4:39 PM
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With Inflation Bearing Down, Europe Is Facing Higher Interest Rates www.nytimes.com/2026/06/11/b...
Europe Raises Interest Rates as War Stokes Inflation
www.nytimes.com
June 11, 2026 at 4:35 PM
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"Tariffs, Inflation and Monetary Policy: Implications for Welfare" is published at the Journal of International Money and Finance: doi.org/10.1016/j.jimonfin.... Working paper version is available at dx.doi.org/10.2139/ssrn.513...
June 11, 2026 at 4:30 PM

Reposted by Juan Cole

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Reposted by Steve Peers

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CNN’s Harry Enten: “Trump's ‘I love the inflation’ is one of the most politically tone deaf statements I've ever heard. No president before him ever had a -50 point or worse net approval in an inflation poll. Trump's done it 8+ times. Trump's the only prez to ever hit 80% disapproval on gas prices.”
June 11, 2026 at 3:19 PM
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#WolffBites: Trump says "I love the inflation." Because it is great for his employer buddies. By prices rising faster than wages, wealth gets redistributed upwards from employees to employers. The MAGA hero.

www.cnbc.com/2026/06/10/t...
Trump says 'I love the inflation' after consumer price index hits 3-year high
President Trump suggested that inflation would drop when the U.S. war against Iran ends, and said, "We've been taking out millions of barrels of oil."
www.cnbc.com
June 11, 2026 at 2:16 PM