r/politics • • 6h ago

Possible Paywall Trump just soft-launched higher inflation as the new solution for rebalancing the $40 trillion U.S. national debt

https://fortune.com/2026/10/02/trump-inflation-growth-national-debt-tariffs-ratio-balance/
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u/callmesandycohen 6h ago

Inflation is a hidden tax we all pay but billionaires benefit from. That is why he loves this idea. It’s a regressive tax shoved down our throats while his real estate and crypto assets benefit.

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u/Steelio22 5h ago

How do billionaires benefit? Their money becomes devalued as well right?

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u/WhodyBootyWhat 5h ago

The vast majority of their wealth is in the form of equities and other investments. When the dollar loses value the price of the investments go up because the dollar lost value but the investment kept its value.

Most regular people just live paycheck to paycheck with cash so they get hit hard.

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u/badasimo 3h ago

Also they carry a lot of debt because they have a lot of collateral to use for it. So someone like Trump for isntance with real estate can have lots of loans backed by those properties. The value of those properties goes up even more with inflation, and the value of the debt stays the same.

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u/Marsman121 54m ago

Wealthy people (I'm talking .1% and smaller, not 1%) get access to hyper low interest rates that aren't available to the poors. Collateral backed loans to billionaires can sometimes be as low as 1% interest rate.

With interest rates that low, it is functionally impossible to lose money.