Trump claims inflation will fall after war ends, cites oil actions
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Trump Boasts Inflation Will Drop Post-War, Credits Dubious Oil Maneuvers

Summary

President Donald Trump expressed satisfaction with soaring inflation, tying future relief to the end of U.S. aggression against Iran and unverified oil operations.

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President Donald Trump, in a display of disregard for working Americans struggling with rising costs, told reporters in the Oval Office that he 'loves' the current inflation rate, which the consumer price index showed surging to 4.2% year-over-year—a three-year high that hits the most vulnerable the hardest. Trump claimed this figure would improve once the U.S. ends its military campaign against Iran, further linking economic stability to endless war. He boasted that the United States had recently removed 'millions of barrels of oil' and targeted 22 ships in covert night operations, suggesting these aggressive acts kept oil prices at $85 a barrel.

Trump’s remarks offered no real explanation for how these militaristic oil actions would actually benefit ordinary consumers. The CPI data also revealed core inflation, excluding food and energy, at 2.9% annually—matching economists’ forecasts but still squeezing families.

Neither the White House nor the Energy Department provided immediate comment, as Trump’s statements come amid Republican fears that unchecked inflation could threaten their grip on power in the upcoming November elections.

'I love the inflation. As soon as this war is over, I can say we’ve been taking out millions of barrels of oil,' Trump said, showing indifference to the pain felt by everyday people.

'We took out the other night, 22 ships, late at night, with no lights, because they don’t have any radar, because we blasted the crap out of it,' he added, glorifying military violence over real economic solutions.

Source

CNBC
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