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Trump: Strong Job Numbers, But Stock Market is Falling - High Interest Rates to Blame

BlockBeats News, September 5th. Trump tweeted, "We just got great jobs numbers, so the market should go up. Our credit and economic situation are better, but as usual, the stock market has been falling for the past 25 years.


Because we live in a false reality, thinking that if things are good, we must 'choke them off' because of 'fear' of inflation." The situation should be the opposite, and it has been that way until 25 years ago. If we stick to this theory, we will never achieve the true economic prosperity our country deserves because every time we do well, foolish people want to immediately stop this good momentum. Growth does not lead to inflation!


This morning, when I saw these excellent job numbers, I realized the market should have soared like a rocket but instead fell. Our GDP growth rate should be 15% to 20%, not 2%, 3%, or 4%; the United States should be far stronger financially than it is now. Debt should be paid off, and various other benefits should also be realized. Remember, for every one percent increase in interest rates, the United States incurs a cost of $650 billion per year. We should have the lowest rates globally, because we make everything work and bring great economic wealth to countries that might otherwise be in trouble!"

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