Donald Trump today announced his plan to reduce the American debt through inflation.
Previously, he had proposed to pay off the debt through giving bondholders haircuts. Rather than paying the full value of the bonds he would "negotiate" deals where bondholders would be forced to accept partial payments for the debts they hold. In simple financial terms, that would be declaring bankruptcy and defaulting on the debt or, as Trump called it, "playing with debt." That didn't go over too well with the global financial market.
Trump's new plan is to make every American a billionaire by inflating the currency so the US debt is nearly worthless, making it easy to pay off. Because that worked so well in 1920's Germany and modern Zimbabwe.