Trump claims he tanked economy on purpose: 'I love the inflation'
President Donald Trump insisted he loves inflation caused by his war in Iran and claimed he tanked the stock market on purpose.
The 79-year-old president spoke to reporters Wednesday in the Oval Office, where he was asked about year-over-year inflation hitting a three-year high of 4.2 percent last month as his war pushed energy prices higher, and he claimed that was part of his broader strategy for launching the attack in the first place.
"No, I love it – the numbers were great," Trump said. "Youknow what I really love? I lovethe inflation. You know why?Because as soon as this war isover, you know, I can say itnow, something you didn't know.You know, we've been taking outmillions of barrels of oil, nobody knows it. You know whodoesn't know about it? Iran,until right now we took out theother night 22 ships late atnight with no lights becausethey don't have any radar because we blasted the crap outof it. We took out, that's whyoil is $85 a barrel."
Trump said he met with Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, Defense Secretary Pete Hegseth, Attorney General Todd Blanche and other administration officials to discuss the risks of the Feb. 28 attack that launched the war, and he claimed they all agreed the cost was worth it.
"I mean, youtake a look – remember when I didthis?" Trump said. "I said, look, the one badthing will be we hit the besteconomy we've ever hit, and Isaid to my people, I had Scott,I had Howard, I had Pete, I hadall, I had Todd in the room. Isaid, the one thing we have todo now, we had just hit thehighest stock market in history,highest 401ks in history.Everything was going well, and Isaid, I hate to do this to youguys, but Iran's going to havea nuclear weapon very soon. Wehave to go and attack."
"So we hithim with the B-2 bombers, whichtook a lot of courage," he added. "It wastotally successful. We buried it,very hard to get, but now we hadto make the second move, and Isaid, you know, the bad part isthe stock market will go down by little bit – a lot, based on predictions of experts, like 25 percent, and it wasworth it to me. It was worth itnot to have a nuclear weapon."
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