Former President Donald Trump confronted a journalist during a recent interview, suggesting his outlet was fake news and that they have continually been wrong on key issues such as the economy. While speaking with Bloomberg News at The Economic Club of Chicago, Trump called out the reporter to his face, stating that he has been wrong “all his life.”
Asking Trump to comment on his protectionist trade policies, the Bloomberg reporter said, “You said that if you lost the dollar as a reserve currency, it would be like America losing a war. Yeah, you look at what you’re going to do in terms of protectionism, drive countries to use the other currencies, and all that debt is also going to lessen the dollar’s status as of the world’s reserve currency value.”
The reporter cited predictions that Trump’s policies would have economic consequences, leading him to question, “President Trump, at the moment, there is a thing called the Trump trade in the market. Do you know what that is? The Trump trade is very simple. People are betting that your policies are going to drive up debt, they’re going to drive up inflation, so they’re going to drive up inflation rate. Interest rates,” he said, before asking the former president, “Are the investors wrong?”
Trump defied the market predictions, citing his economic record under his previous administration. “I had four years no inflation. I had four years. That was when you had much. I had four years. It’s better than that. And Biden, who has no idea where the hell he is, okay. Biden went two years with no inflation, because he inherited from me, and then they started spending money like drunken sailors,” Trump fired back.
However, the reporter doubled down on the speculation regarding Trump’s agenda. “The markets are looking at the fact you are making all these promises. Latest one was car loans. You’re flooding the thing with giving giveaways. But I was actually quite kind to you. I use 7 trillion. The upper estimate is 15 trillion people like the Wall Street Journal is hardly a communist organization…they have criticized you on this as well. You are running up enormous debt,” he said.
Trump then blasted the media, asserting that they have continually been incorrect. “What does the Wall Street Journal know I’m meeting with them tomorrow. What does the Wall Street Journal know? They’ve been wrong about everything.” Then, stating to the reporters face, Trump added, “So have you, by the way, you’ve been wrong…You’re wrong, you’ve been wrong. You’ve been wrong all your life on this stuff.”
Users on social media reacted to the interview, praising Trump’s ability to take on the media. “Trump is a legend. He sits down with Bloomberg hack, tells him to his face that he is fake news, and the crowd of business people are all cheering him on in agreement. This is exactly why the MSM didn’t want Trump to have crowds at the debates,” the popular account, Clandestine, wrote.
Watch the interview below:
Note: The featured image is a screenshot from the embedded video.
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