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He may succeed briefly, but in the long run, we have to choose between (i) DOGE, severe government cuts in spending, and laying off a million US civil servants...and likely a resulting deflationary depression, and (ii) inflating the USD to make our interest payments possible (with accompanying economic chaos and hardship for the world as it scrambles away from the USD back to gold or some other standard).

I don't think the rich and powerful will allow deflation because it would devastate their holdings, and I don't think voters will allow cuts in spending, so option 1 is absolutely dead on arrival. DOGE will help, assuming they actually get anything done. It is the first sign that anyone seems to want to take deficit spending seriously, so who knows. They might be able to extend the time we have to act...although I wonder if that is really a good idea, since repeatedly extending the time to act is what got us here.

But, in the end, we will most likely have to inflate the dollar, regardless of how people voted. In that respect, voters are always suckers, regardless of which party they voted for, because either they voted thinking their candidate can fix the situation or they voted on issues that were less important. Either way, they don't really understand the financial situation this country is in.