https://www.cnbc.com/2026/06/10/trump-inflation-cpi-iran-oil.htmlPresident Donald Trump on Wednesday said, “I love the inflation” after being asked if he was concerned about new consumer price index data that showed the annual inflation rate at 4.2%, a three-year high.Trump, speaking with reporters in the Oval Office, also predicted that inflation is “going to come down like a rock” after the United States’ war against Iran is over.The president linked that prediction to a confusing statement about the U.S. “taking” oil and ships.“No, I love it, the numbers were great,” Trump said when a reporter asked him about the CPI number issued earlier in the morning by the Bureau of Labor Statistics.“You know what I really love? I love the inflation. You know why?” Trump said. “Because as soon as this war is over, you know I can say it now ... you know we’ve been taking out millions of barrels of oil.”“Nobody knows it. You know who doesn’t know about it? Iran, until right now,” Trump said. “We took out the other night, 22 ships, late at night, with no lights, because they don’t have any radar, because we blasted the crap out of it,” the president said. “That’s why oil is at $85 a barrel.”“We’ve been taking out millions of barrels of oil, millions of barrels every night,” Trump said.
>>1519019It was not immediately clear what Trump meant by “taking out” oil and ships, and how that related to consumer prices.CNBC has requested comment from the White House and the Department of Energy.Energy Secretary Chris Wright, who was testifying at a congressional hearing on Wednesday, said that he was not aware of the U.S. taking millions of barrels out of Iran, the Reuters news agency reported.Wright said the U.S. military had helped some oil tankers transit the Straight of Hormuz, the waterway between Iran and Oman, and that oil traffic has risen “very meaningfully” through the strait in the past week, Reuters reported.While the CPI on Wednesday showed annual inflation at a three-year high, core inflation, which excludes the cost of food and energy, was at 2.9% annually. That is in line with forecasts by economists.But Trump’s comments on inflation come as his fellow Republicans fear that consumer angst over rising prices will hurt the chances of GOP lawmakers retaining their slim majorities in both chambers of Congress in November’s elections.Trump in May raised eyebrows when he told reporters, “I don’t think about Americans’ financial situation” as he argued that his focus in the war on Iran was ensuring that the Islamic Republic does not obtain a nuclear weapon.Several Democrats quickly posted a video of Trump’s latest comments on inflation on social media.“People can’t afford to feed their families. Your struggle is a joke to him,” wrote Illinois Gov. JB Pritzker on X,Sen. Andy Kim, a New Jersey Democrat, also tweeted the video, with the message: ” ‘I love the inflation’ - Donald Trump.”Democratic strategist Jon Cooper, in his own X post on the video, said, “The ads write themselves.”
The honesty of this politician is most refreshingBurn baby, burn.
>>1519020>It was not immediately clear what Trump meant by “taking out” oil and ships, and how that related to consumer prices. >Energy Secretary Chris Wright, who was testifying at a congressional hearing on Wednesday, said that he was not aware of the U.S. taking millions of barrels out of Iran, the Reuters news agency reported. Oh damn, this wasn't even Trump not understanding a stat someone gave him at a meeting where he wasn't paying attention, Papa Pedo straight up invented this one out of thin airCan't wait to see how the crisis response team at the White House tries to spin this one
>>1519019>“You know what I really love? I love the inflation. You know why?” Trump said. “Because as soon as this war is over, you know I can say it now ... you know we’ve been taking out millions of barrels of oil.”What the fuck are you talking about?
>>1519028trust the plan, art of the deal, 4d chess, etc.
>>1519019Inflation is a good thing ok? Look at the stock markets. Better than ever. Trust the plan
Dobson was right all along.
panicans and dumocrats seething
>>1519019Reminder that inflation going down is different from deflation. Democrats and Republicans are both vehemently anti-deflation. Inflation will continue until morale improves.
>>1519019Republicans will bury this.
I agree. Gas at my local Sam's Club is at $3.99/gallon. That is DOWN from two weeks ago.What? It was $2.30 before the Iran war? Doesn't matter. It's down from last week! Get in losers ...
Amazing how powerful the conservative biased media is to bury this.If Biden said this, the media would be repeating it 24/7. Since it's trump and the media is fully controlled by conservatives, it's already gone.
>>1519113>What? It was $2.30 before the Iran war? Doesn't matter. It's down from last week! Get in losers ...Man, that's like $4 cheaper than when Biden was president. No one complained then, that's why I don't think anyone cares what the price of gas is.
>>1519019I did vote for this though, I want democrats to suffer this is a good thing, I want them to hold their heads and squirm screaming in agony when they lose the midterm again. When the homeless mug and rob them the same people who they've been happily filling the streets with will start to target them, rob them stab them steal from them. It is a moment soon every leftists will be faced with the same fate of Irina except in this situation they asked for it it is karma IT IS JUSTICE.
>>1519076Why? 4.2% is pretty good globally.You'd have to be a moron, entirely uneducated, to think otherwise. Thus the reason CNBC presents the data and the quote without greater context so it can be digested by mouth breathing Democrat voter's who didn't catch their favorite late night comedian's monologue last night.
>>1519019I also voted for this, because 9% inflation for two years brought about by bungling Democrats was too much, along with higher gas prices and constant scams.As a racist, even if Democrats become the party of the KKK again, I'll still never vote for them ever again.
>>1519228>Inflation is now goodAnd here comes the cope and gaslighting
