this post was submitted on 07 Apr 2025
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342
How a false X post about pausing tariffs led to multi-trillion-dollar market swings. (text.npr.org)
submitted 2 weeks ago by Tea to c/[email protected]
58 comments fedilink hide all child comments
 

Multi-trillion-dollar stock market swings on Monday appear to have been set off by false reports on Elon Musk's X. Experts say the episode highlights the social media site's enduring relevance, even as it helps amplify falsehoods.

How did it happen?

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[–] [email protected] 4 points 2 weeks ago

I saw the video. A reporter asked if the president would consider a 90 day pause and the white house guy responds with "yeah, well, you know, the president is going to do what he wants to do."

But the first thing out of the fucking guys mouth was "yeah". So of course the reporter is going to run with it when it was literally just a filler word cuz the dude didn't know how to answer the question.