In the run up to next week’s midterm elections, Donald Trump has done his best to strike fear into the hearts of voters about what might happen to the country if Democrats take the House, as they are widely expected to do. Mostly, that’s centered around lying about immigrants and asylum-seekers; suggesting that a vote for Democrats is a vote for a new law wherein every time a refugee even thinks about coming to America, a U.S. citizen is forced to join MS-13; and claiming, falsely, that he can and will amend the Constitution through executive order. You know, catnip for the base. On Tuesday, though, he diversified his methodology of mistruth to include lies and threats about what else might happen if Republicans lose control of the House, i.e. the market will crash and the U.S. inflation rate will hit 83,000 percent by December.

That’s right, folks! It’s a slippery slope between casting a vote for a Democrat and the U.S. turning into Venezuela (a country one might expect Trump to be a fan of, given his fondness for authoritarian regimes). Incidentally, nowhere in Trump’s tweet did he mention what experts say actually sunk the markets yesterday: anxiety over the likelihood the president is dumb enough to ramp up his self-defeating trade war by slapping tariffs on all Chinese imports, if his singular negotiating skills don’t yield any results when he meets with President Xi Jinping on the sidelines of the G20 summit next month. He also said nothing about the fact that there were a number of days last spring and over the summer—long before the midterms—when equities fell off a cliff, or that reality is sinking in that none of the tax-cut promises made regarding investment and hiring will ever actually materialize. And, obviously, his fear-stoking missive was necessarily devoid of the context that investors have likely understood for some time that a “blue wave” is imminent, and aren’t “taking a little pause” to see what happens. “Markets aren’t dumb. They can read the same polls as everybody else,” Ian Shepherdson, chief economist at Pantheon Macroeconomics, told Politico. “They know that at the moment there is a very high probability that Democrats will take the House. I think from a rational market perspective, that news is pretty much in the price at this point."