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gregw2 6 hours ago

I throw out this observation more to be provactive than persuasive, but I haven't seen it elsewhere..

People before me have observed how Trump's moves all are ego driven, or self serving or serve Putin or Israel or gas companies, and I'm here to add to the mix a different conjecture.

Trump's moves all tend to increase inflation in a plausibly deniable way. Tarrifs, fed-fighting, wars, etc.

And that is a deeply unpopular but elite-viewed necessity for handling America's national debt.

Inflation allows the wealthy class to get away with extending government spending without admitting/pursuing austerity which was political suicide under Carter.

The wealthy shelter in their land and stock portfolios which keep growing unlike cash and also benefit from said spending, while ordinary people pay the extra regressive tax that is inflation. The elite can then turn around and blame the little guy for supporting Trump and their hands are clean.

srean 6 hours ago | parent [-]

Easier to repay loans. Who has lots of that to repay ?