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No, Trump Never Said He Loves Inflation — The Quote Is Fabricated

Trump says he loves inflation

The argument in brief

A claim circulating online suggests Donald Trump said he loves inflation. This is false. Reuters, PolitiFact, and the Associated Press all found zero evidence the quote exists — in fact, Trump spent much of his 2024 campaign attacking inflation as one of the Biden administration's biggest failures.

Why it spread

People who already distrust Trump on economic issues were primed to believe this. With real debates happening about tariffs and their potential to raise prices, a quote like this felt plausible — even satisfying — to those looking for proof of hypocrisy. Confirmation bias did the rest, and the quote spread before anyone stopped to verify it.

A quote attributed to Donald Trump claiming he 'loves inflation' has circulated online, framing him as someone who welcomes rising prices. The verdict is clear: this quote does not exist. No credible source — not a speech, interview, or social media post — contains anything like it.

Reuters Fact Check investigated the claim directly and found no evidence Trump ever made such a statement. Their conclusion was blunt: the quote appears to be fabricated or a severe distortion of something else entirely.

The reality is almost the opposite. According to AP reporting and Trump's own campaign materials, fighting inflation was a centerpiece of his 2024 presidential run. He repeatedly blamed the Biden administration for high prices and promised voters he would bring costs down. PolitiFact similarly found no credible record of Trump expressing support for inflation in any form.

To be fair, critics have raised legitimate questions about whether some of Trump's proposed policies — particularly broad tariffs — could themselves drive prices higher. That is a real economic debate worth having. But disagreeing with someone's policies is very different from inventing a quote. The fabricated claim short-circuits that honest conversation.

This kind of misinformation is worth watching for because it often travels fast in politically charged environments. A shocking quote, even a fake one, gets shared before anyone checks the source. If you see a striking quote from any public figure, take ten seconds to search for a primary source — a video clip, a transcript, a direct link. If you can't find one, that's your answer.

Sources

  • Reuters Fact Check

    Reuters found no evidence that Trump ever said he loves inflation. The claim appears to misrepresent or fabricate a quote.

  • Trump Campaign Statements and Speeches (2024)

    Trump repeatedly campaigned against inflation in 2024, blaming Biden administration policies for high prices and promising to lower costs as a central campaign pledge.

  • PolitiFact

    PolitiFact and other fact-checkers found no credible record of Trump making a statement expressing love or support for inflation; his public record consistently frames inflation as harmful.

  • Associated Press

    AP reporting on Trump's economic messaging shows he consistently attacked inflation as a major failure of the Biden administration throughout 2023 and 2024.

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