Trump just said higher inflation will "pay off" US debt "very rapidly" now that it's hit $40 trillion. His logic: inflation is fine because growth can erase the problem. "I know I'm the best in the world... you can pay off the debt through other means. But the one thing that you can do is pay it off through growth, and we've never had growth like this." Markets immediately punished the statement. Treasury yields spiked to a new high for the day. This is the same administration celebrating high mortgage rates as proof of economic strength. They're not solving the debt crisis, they're gambling that inflation outpaces it while ordinary people get crushed by rising costs.