re: What is Trump's plan for inflation and reducing the federal deficit/debt?

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It is quite expensive to fix the monumental fuk ups that the Obama admin brought upon us.

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Trumps economy was simply a continuation of Obama's economy.



In practice, this is MMT

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Put simply, modern monetary theory decrees that such governments do not rely on taxes or borrowing for spending since they can print as much money as they need and are the monopoly issuers of the currency. Since their budgets aren’t like a regular household’s, their policies should not be shaped by fears of a rising national debt.

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It caused massive inflation.