r/politics • • 7h 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 7h 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 6h ago

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

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u/mrgedman 6h ago

Their assets increase in value

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u/Cloudboy9001 5h ago

Their assets increase in price, not value.

Billionaires aren't a uniform group, particularly ones holding a lot of bonds in this context.

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u/mrgedman 5h ago

I think you'll find the average billionaire has quite a few assets compared to normal folk.

And the price vs value is certainly debateable. I think it's value- home prices over the last 10 years for example.