Michael Hudson predicts that the Fed will crash the stock market and blame Trump

 Read: https://michael-hudson.com/2024/11/a-concept-of-a-plan-for-the-national-interest/

I spent about 20 minutes reading half of this but I don't understand his point.  But it is worth reading when I have time.  He is predicting that the Fed will intentionally crash the stock market, but the Republicans don't know what they are doing.

Excerpt: 

Right now, you have the Federal Reserve lowering interest rates in order to somehow keep the stock market and bond market rising, so that when Trump takes over in January, the Fed can then say, Oh, there’s an inflation: let’s raise interest rates, crash the stock market, as a result of the Fed’s action, and then say, Look at what Trump has done: he’s collapsed the stock market.

The economy is going down (because the economy is the stock market: the economy is what… 10% of the population has 87% of the stocks); so essentially they want to set Trump up for blame. He realizes that and I think that’s what he wants the Treasury to do.

So, now we have Mr. Scott Bessent put in. He’s a hedge fund manager. Imagine looking at the economy as if it were a hedge fund? A hedge fund is a zero-sum game: you bet against somebody else in the financial horse race, and if you win (and he became a billionaire doing this), then somebody has to lose.