this post was submitted on 05 Mar 2025
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It’s a stock market scam. Elon used to do this all the time with his companies until he got investigated for it. You move the headlines to change stock prices, then pull back later.
You know when your stock price is going down based on headlines and when it will go back up based on insider knowledge of reversals of previous positions and can buy/sell accordingly.
That strategy now has the White House behind it. Pump and dump tariff announcements are a feature, not a bug.
I didn't know WHY he was doing these tarrifs. I assumed he was working with putin to destroy america.
But your explaination.......is so much dumber than I would have ever come up with.
Not saying YOU'RE dumb. I'm saying the fact that we're living in a real life reality where some asshole conman controls the worlds economy, and uses it as his own personal corrupt ATM is baffling to me. We live in the dumbest timeline.
It's both.
All he wants is the money, Putin is happy to prop him up in exchange for his own goals
There's probably also the shady kompromat shit going on too as the stick to the carrot. But trump is only where he is because of greed.