TRUMP DOES NOT CARE ABOUT THE SUFFERING HE INFLICTS ON 99 PERCENT OF AMERICANS

TRUMP DOES NOT CARE ABOUT THE SUFFERING HE INFLICTS ON 99 PERCENT OF AMERICANS

Trump wants inflation higher because:
GAINERS
Corporations report higher profits, which go to the one percent.
Companies can raise prices faster than their costs go up, and that’s profits for the one percent.
The extra cash the one percent pay for groceries, gas, or services flows directly into business revenue and profit margins of the corporations owned by the one percent.
The one percent who own houses or land often see their property values rise during inflation.
The value of the physical assets, commodities, or gold held by the one percent goes up, and they keep their gains because these items hold their real value better than cash.

The one percent who have borrowed trillions make cheaper repayments on their loans.
They owe money with a fixed interest rate; inflation helps them repay the loan with money that has less purchasing power than when they borrowed it.

Trump’s government, which has borrowed massively, is repaying the debt that benefited the one percent with cheaper, inflated dollars.
His government also collects more sales taxes as prices go up for the 99 percent.

LOSERS
The 99 percent lose because wages often go up slower than prices, meaning their paychecks buy less.

The little cash the 99 percent has sitting in a traditional bank account loses purchasing power over time because the interest rate is usually lower than the inflation rate.

FINALLY
Elon Musk became a gazillionaire during inflationary times.
Stocks are skyrocketing during inflationary times, and the 99 percent own no stock.

Is Trump part of the one percent?
You bet.

‘I love the inflation’: Trump is ‘not concerned’ about inflation hitting 4% for first time since ’23 | Fortune https://share.google/XnQ7rkNf34nxYG9Bf

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