He's shown the opposite of that, even announcing plans to take over Gaza. And of course promises of "hell to pay" in the Middle East for messing with Rothschild's Israel. Put down whatever you are smoking.
they're going to deflate it away by making the interest on the debt Zero (see Mar-a-Lago Accord)
It would be the first time in history most likely. Find me a nation in history with huge outstanding debt and deficit spending that got out of debt with deflation. Large debts means you're putting upward pressure on interest rates for future borrowing. If not you're putting no checks on inflation. A crash will mitigate some of the damage of high asset prices, but there is no magic path to 0% rates on US debt.
The biggest items in the federal budget, medicare/medicaid, SS and the military budget remain untouched. They comprise over 3/4 of the budget. Interest on debt is 11% of total spending. Let's say interest rates are somehow cut in half (big if) that's still over 5%. 5% of 6.8 trillion is 0.34 trillion, which doesn't cover the deficit. DOGE ain't cutting 1.5 trillion to fix the rest.
Tax cuts increase the deficit and tariffs won't make up for it. Trumps proposed adventures into Mexico, possibly Greenland and Gaza will be more emergency deficit spending.
That's a whole lot of copium.
He's shown the opposite of that, even announcing plans to take over Gaza. And of course promises of "hell to pay" in the Middle East for messing with Rothschild's Israel. Put down whatever you are smoking.
It would be the first time in history most likely. Find me a nation in history with huge outstanding debt and deficit spending that got out of debt with deflation. Large debts means you're putting upward pressure on interest rates for future borrowing. If not you're putting no checks on inflation. A crash will mitigate some of the damage of high asset prices, but there is no magic path to 0% rates on US debt.
The biggest items in the federal budget, medicare/medicaid, SS and the military budget remain untouched. They comprise over 3/4 of the budget. Interest on debt is 11% of total spending. Let's say interest rates are somehow cut in half (big if) that's still over 5%. 5% of 6.8 trillion is 0.34 trillion, which doesn't cover the deficit. DOGE ain't cutting 1.5 trillion to fix the rest.
Tax cuts increase the deficit and tariffs won't make up for it. Trumps proposed adventures into Mexico, possibly Greenland and Gaza will be more emergency deficit spending.
So, long story short, stagflation.