Shock and uncertainty causes large dips in the stock market. As as long as the economy isn't completely toast by the time you backpedal completely, it'll recover somewhat.
Just imagine the money you could make if you could induce such events on demand, with only you and your friends all being prepared for it!
Just a thought. Purely hypothetical. No one would do that. Surely.
How long before treasury directly starts buying private shares in companies owned by the politically connected? This unsophisticated, banana republic grifting that Americans used to deride 3rd-world countries for.
because the stock market liked his actions or the economic responses, as billionaires would make bank on any stock market increase, as would everyman's retirement account.