TL;DR

Trump’s prepping to blame the Fed for any economic downturn caused by his own policies, a classic scapegoating tactic that harms ordinary people.

Story

Trump’s blame game is nothing new. Like a broken record, he’s setting the stage to pin any economic downturn on Jerome Powell, the Fed chair. It’s a classic tactic: create a crisis, then find a scapegoat.

How it works is simple. Trump’s trade wars and erratic policies create economic instability. When the market wobbles, he points the finger at the Fed, claiming they’re not doing enough (or doing too much). This deflects blame and fuels distrust in institutions.

The impact? Ordinary people suffer. Retirement savings dwindle, jobs disappear, and economic anxiety skyrockets. Meanwhile, Trump’s loyal base buys the narrative, further eroding public trust.

Think 2008. The subprime mortgage crisis wasn’t just about bad loans; it was about a system rigged to benefit the few at the expense of the many. Trump’s playbook echoes this, using the Fed as a convenient villain.

Lessons? Be skeptical. Don’t fall for the blame game. Look beyond the headlines and understand the root causes of economic problems. History repeats itself, so learn from the past.

‣ Fed: The Federal Reserve, America’s central bank, responsible for monetary policy. ‣ Trade wars: When countries impose tariffs and other barriers on each other’s goods. ‣ Scapegoat: Someone blamed for the mistakes of others.

Remember Enron? The accounting scandal that wiped out billions? Trump’s tactics mirror this, shifting responsibility and creating confusion.

In short, it’s a con. Don’t be fooled.

Advice

Don’t blindly trust political rhetoric. Research economic issues yourself. Learn from past crises (2008, Enron) to spot red flags.

Source

https://www.reddit.com/r/stocks/comments/1k4x0id/trump_is_laying_the_groundwork_to_blame_powell/