Trump Will Put Together A ‘Pure Grifter Bailout’ If Family-Backed Crypto Ventures Fail, Says Economist: ‘Privatize The Gains And Socialize The Losses’
Posted On September 4, 2025
Economist Justin Wolfers raised concerns on Wednesday about a potential federal bailout if the Trump family-promoted cryptocurrency ventures fall
Wolfers Predicts A Bubble
During an interview with MSNBC, Wolfers voiced apprehensions about the Trump family’s reported $5 billion windfall from the recent launch of World Liberty Financial (WLFI) token. He said that the “majority” of the president’s wealth now comes from the cryptocurrency industry, including the Official Trump (CRYPTO: TRUMP) and Official Melania (CRYPTO: MELANIA) coins.
“They’re trying to sell this now to working- and middle-class Americans as an investment where it’s no such thing,” the economist said, warning about a potential financial bubble.
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