Trump: Using inflation to reduce $40 trillion in debt, the narrative around Bitcoin's devaluation trade is heating up
2026-10-03 19:52:14
According to CoinMeta, Trump stated that a certain degree of inflation could quickly repay the $40 trillion in debt, and market interest in hedging against the depreciation of fiat currency through Bitcoin has increased. The scale of the U.S. federal debt has exceeded $40 trillion. Both Trump and U.S. Treasury Secretary Scott Bessent and Elon Musk have mentioned that technology-driven economic growth is a way to address debt pressures. The price of Bitcoin is currently about 30% lower than its peak of $126,000 in December 2025.
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Source:Internet
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