---
title: "'I Love The Inflation': Trump Short-Circuits After Terrible Inflation Report"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/289369640.md"
description: "President Trump claimed to 'love' inflation after a report showed it hit a three-year high due to rising gas and consumer goods prices. He falsely asserted that the U.S. secretly seized millions of barrels of oil from Iran, blaming this action for oil prices being $85 a barrel. The article notes these claims contradict the reality of an affordability crisis facing Americans."
datetime: "2026-06-10T23:01:52.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/289369640.md)
  - [en](https://longbridge.com/en/news/289369640.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/289369640.md)
---

# 'I Love The Inflation': Trump Short-Circuits After Terrible Inflation Report

Inflation hit a three-year high last month thanks to rising gas prices and a 4.2% increase in the cost of consumer goods compared to last year.

Millions of American face an affordability crisis as a result, and President Donald Trump says he loves it.

**Politics: Graham Platner Wins Maine Democratic Senate Primary, U.S. And Iran Trade Strikes: Live Updates**

“I love the inflation,” the president said in the Oval Office Wednesday, interrupting a reporter before they could mention the actual data.

“No, I love it. The numbers were great,” Trump said. \[Editor’s note: The numbers were not great\]. “You know what I really love? I love the inflation.”

_Like this article? Keep independent journalism alive. Support HuffPost._

In a train of thought that’s hard to parse, Trump then proceeded to explain that high inflation is good because the U.S. has been “taking out millions of barrels of oil” from Iran in secret.

“I can say it now — something you didn’t know,” Trump said. “Did 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.”

**Politics: 'Staggering Hypocrisy': Kellyanne Conway Mocked After Stunning Self-Own On Live TV**

Never one to play his cards close, Trump then proceeded to explain exactly how the U.S. concealed the operation.

“We took out, the other night, 22 ships. Late at night, with no lights,” he said. “Because they don’t have any radar, because we blasted the \*\*\*\* out of it. We took out — that’s why oil’s $85 a barrel. You take a look.”

One would think Trump would be more concerned about inflation given the rising cost of his $200 million ― wait, no, actually $400 million... wait, nope: _actually_ $1 billion-plus ballroom.

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**Read the original on HuffPost**

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