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Trump’s Tariff Policy is A Way For The United States To Rob Global Money
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A global stock market crash is exactly what Donald Trump wants. A key figure in this plan is his finance minister, Bessent, whose background and connections make him particularly strategic. Politics, after all, is often a web of colluding interests.
Bessent’s former boss was Solotz, and he rose to prominence in Wall Street circles—an area long seen as the stronghold of international financial capital and traditionally aligned with the Democratic Party.
Bessent’s position in Trump’s cabinet—despite Trump being a champion of industrial capital—shows that Trump is not in complete opposition to financial capital. Rather, it suggests a new alignment of interests.
Bessent’s former boss was Solotz, and he rose to prominence in Wall Street circles—an area long seen as the stronghold of international financial capital and traditionally aligned with the Democratic Party.
Bessent’s position in Trump’s cabinet—despite Trump being a champion of industrial capital—shows that Trump is not in complete opposition to financial capital. Rather, it suggests a new alignment of interests.
Back in 1997, George Soros’s Quantum Fund famously targeted Hong Kong and Southeast Asia, earning him the reputation of a financial tycoon. In contrast, Bessent made his name by successfully thwarting a collapse of the British pound, earning $1 billion in the process. Now, Trump has chosen Bessent as his Treasury Secretary precisely to leverage these strengths.
Bessent himself has said working for Trump is easy—there’s no need for new ideas, just execute the president’s plan. And that plan, it seems, involves creating widespread hyperinflation and engineering a global economic depression as a way to extract wealth and reset the economic order.
Tariffs are not the endgame. Even if they bring in $600 billion a year, over ten years—assuming Vance wins the 2028 election and continues the policy—that’s only $6 trillion. Meanwhile, the U.S. national debt has ballooned to $37 trillion. Next year alone, $7 trillion in debt matures—a staggering figure that tariffs and even money printing can no longer cover.
In this context, debt default becomes the only fast and effective solution—a form of financial expropriation. But there’s a contradiction here: Trump also wants to revive American manufacturing. The funds extracted from companies like TSMC are worth only hundreds of billions—not nearly enough.
To truly bridge the gap, the U.S. needs capital inflows from around the world. This means restoring confidence in the U.S. dollar and crushing inflation to generate at least $20 trillion in strong dollar credit. As Bessent has acknowledged, the stock market will have to suffer in the short term. But for that pain to be worthwhile, other nations must cooperate with the U.S. tariff regime.
And therein lies Trump’s biggest headache: the most critical country—the one he needs the most—is also the least willing to cooperate.
Bessent himself has said working for Trump is easy—there’s no need for new ideas, just execute the president’s plan. And that plan, it seems, involves creating widespread hyperinflation and engineering a global economic depression as a way to extract wealth and reset the economic order.
Tariffs are not the endgame. Even if they bring in $600 billion a year, over ten years—assuming Vance wins the 2028 election and continues the policy—that’s only $6 trillion. Meanwhile, the U.S. national debt has ballooned to $37 trillion. Next year alone, $7 trillion in debt matures—a staggering figure that tariffs and even money printing can no longer cover.
In this context, debt default becomes the only fast and effective solution—a form of financial expropriation. But there’s a contradiction here: Trump also wants to revive American manufacturing. The funds extracted from companies like TSMC are worth only hundreds of billions—not nearly enough.
To truly bridge the gap, the U.S. needs capital inflows from around the world. This means restoring confidence in the U.S. dollar and crushing inflation to generate at least $20 trillion in strong dollar credit. As Bessent has acknowledged, the stock market will have to suffer in the short term. But for that pain to be worthwhile, other nations must cooperate with the U.S. tariff regime.
And therein lies Trump’s biggest headache: the most critical country—the one he needs the most—is also the least willing to cooperate.
