Could have saved himself a lot of trouble if he just did VTI and chill. Would have had better returns too.
jleyank · 8h ago
Weimar didn’t turn out too well.
All those tech bros might not like their wealth being invalid outside the US.
nhp_fermi · 9h ago
I don’t buy the framing that this is some grand “debtor’s strategy.” Trump’s relationship to debt has been mostly survival — bankruptcies, restructurings, junk bonds — not some masterclass in macroeconomics. The US dollar isn’t a casino balance sheet; it’s a global reserve currency with network effects and political commitments that outlast any single administration.
Yes, inflation erodes debt, but it also destroys credibility — and once you lose that, financing costs explode. The real danger isn’t Trump’s supposed genius, it’s that treating the dollar like a personal put option underestimates how fragile global trust actually is.
Plus the guys super into gold, I feel like he would prefer a strong dollar
k8scottgr8scott · 9h ago
Trump’s hated a strong dollar since 1970s inflation made him his first billion. This is a longer article, but it details this history, Trump’s logical next move, and what normies like me can do.
bediger4000 · 5h ago
If I thought Trump had any strategy whatsoever, i might read this.
All those tech bros might not like their wealth being invalid outside the US.
Yes, inflation erodes debt, but it also destroys credibility — and once you lose that, financing costs explode. The real danger isn’t Trump’s supposed genius, it’s that treating the dollar like a personal put option underestimates how fragile global trust actually is.
Plus the guys super into gold, I feel like he would prefer a strong dollar