@feld @7666 idk how to explain this but intentionally tanking six global financial markets to incidentally grab a little cash isn't a thing. You're thinking too small. It sacrifices too much consumer confidence and with the china tariffs still on, is mostly just a dopamine hit for the market. Declines will continue as knock on effects from the chinese tariffs and retaliatory tariffs manifest.

Trump was trying to dip interest rates on t bonds and it almost worked around day 2 until his creditors got wise and started cashi g out their 10 and 30 year bonds because *that* was the market he was trying to manipulate.

Lower bond rates means lower interest payments and continued deficit spending, which conservative oligarchs love as it doesn't require increasing taxes to service the interest or principal.