Trump says 'I love the inflation' after consumer price index hits 3-year high

[BumRushDaShow]

Last edited Wed Jun 10, 2026, 01:05 PM - Edit history (1)

Source: CNBC

Published Wed, Jun 10 2026 12:25 PM EDT Updated 11 Min Ago


President 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.

“No, I love it, the numbers were great,” Trump said in the Oval Office, where a reporter asked him about the CPI number issued earlier in the morning. “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.”

Read more: https://www.cnbc.com/2026/06/10/trump-inflation-cpi-iran-oil.html

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“That’s why oil is at $85 a barrel.”

The current spot WTI is ~$91/bbl and the lowest for the day range of WTI was $87/bbl. Last time it was near $85/bbl was back in April.


Article updated.

Original article -

Published Wed, Jun 10 2026 12:25 PM EDT Updated 3 Min Ago


President 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.


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[ck4829]

1. Hey, I'm all for him calling it the Trump Inflation.

[Wicked Blue]

2. Maybe he meant that he loves flatulation

[UpInArms]

3. Inflated like his ego

What a dolt

[Ray Bruns]

4. I'm waiting for the oil reserves to run dry. I think that's what the Iranians are waiting for to.

[Quanto Magnus]

5. So now all of the cultists

will start declaring that inflation is great for the economy....

[LisaL]

9. And they are really happy with all the prices going up.

NT

[sinkingfeeling]

6. So, he admits he started a war to steal oil.

[GenThePerservering]

7. How is the M$M going to sanewash that?

he made no sense at all.

[relogic]

8. Spoken truly

with the detachment of a cruel, affluent orange sponge (off the good people) whose incapability to commiserate with the population he rules is notorious. It speaks to the horror seeing this beast excitedly relish the war violence he inflicts on the whole world.

[SCantiGOP]

10. So if you love inflation

and racism, and endless war, and erosion of all civil liberties and general incompetence and turmoil, Trump is the leader you’ve been waiting for.

[D_Master81]

11. How does the President talk like this?

Loving inflation aside, which will help to write commercials this fall, how is the POTUS saying things like “we bombed the crap outta them”? I would expect a student council president to have better vocabulary let alone the president

[RazorbackExpat]

12. GW was pretty juvenile with his vocavulary as well

He had middle school nicknames for everyone, it seemed, including Vladimir Putin, whom he affectionately called "Pooty Poot"

[City Lights]

13. The ads for November write themselves.

Just runs clips of him talking.