Rupert Murdoch’s editorial writing team at the Wall Street Journal says America’s gold decor-loving, cash-carrying billionaire president doesn’t understand how money actually works.
On Tuesday, U.S. consumer price inflation unexpectedly rose to 3 percent, prompting an excitable post from Donald Trumpon his social media platform Truth Social saying that interest rates should be lowered and that this would go “hand in hand with upcoming Tariffs!!!”
“Does President Trump understand money? ... the answer would appear to be no,” the WSJ editorial board replied, going on to explain why doing such a thing might cause inflation to soar—and Trump’s approval ratings to plunge.
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