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Yes there are many lies, distortions and misinformation being thrown about, especially by Donald Trump. What is harder to grasp, however, is whether Trump is trying to create false memories in his supporters or whether he himself is a victim of false memories. Scouring the professional literature, there is no shortage of papers on falsifying memories. Much of it is related to how one's own memory can be falsified, but the concepts can be extended to creating false memories in others. Here is one paper that addresses the topic.
Susan Krauss Whitbourne Ph.D., February 17, 2015: Psychology Today: Why We Remember Things the Way We Want to Remember Them
My more sinister view of Trump is that he hates Barack Obama so much, that he is trying to create false memories in others of who Barack Obama is. It started with his championing the birther movement that Obama is not being a legitimate president because of his birth. But it hasn't stopped there. He says false negative things about Obama again and again in an authoritarian way that makes his followers really believe him no matter how preposterous. He doesn't give a shit about the fact checkers calling him out. His followers don't read the fact checkers.
He's doing the same to Hillary Clinton now...the same pattern that he has been using against Obama. It is one thing to do this for political gain counting on the low information voter to be sucked in. However, even more bothersome is the possibility that Trump is delusional and believes his own lies.