Cryptocurrencies, Debt, Gold, Duties: Trump’s Turn Against Monetary Globalism
Donald Trump is often portrayed as unpredictable, irrational, even reckless. But his economic strategy — especially the use of tariffs and controlled financial tension — is increasingly revealing itself to be calculated, coherent, and far from chaotic. This is not a blunder, but a carefully crafted maneuver aimed at revitalizing American industry, reducing public debt, confronting the speculative financial elite, and dismantling the globalist model that has dominated for decades.
A Direct Blow to the Financial Oligarchy
Trump’s approach may represent the first systemic challenge in modern times to the transnational financial elite — the constellation of central banks, investment funds, multinational lobbies, and supranational institutions that have captured political power and dictated economic agendas.
His goal is to restore the centrality of real production and human labor, in opposition to a system that has long favored abstract speculation. For decades, global crises — from the 2008 financial crash to the COVID-19 pandemic and the Russia-Ukraine war — have been leveraged to entrench elite control and silence dissent. Trump’s response is to pull the emergency brake and reroute the train.
Reindustrialization: Bringing Jobs Back Home
One of the core pillars of Trump’s vision is the reindustrialization of America. After years of outsourcing that hollowed out key regions — notably the Midwest — his strategy focuses on reshoring production and restoring economic self-reliance.
Tariffs are the key instrument: by making foreign goods more expensive, American companies are incentivized to return manufacturing to U.S. soil. It’s not about isolationism — it’s about strategic independence. “America First” doesn’t mean America alone, but rather America stable, self-sufficient, and secure.
Financial Tension as a Strategic Tool
Trump’s tariffs also generate controlled market instability — and this is no accident. By shaking confidence in the stock markets, capital naturally flows toward U.S. Treasury bonds, seen as safer assets. This creates strong demand for government debt, without having to force the Federal Reserve to lower interest rates.
In short: if the Fed refuses to cooperate, the market is nudged to do it anyway. It’s a masterclass in financial strategy — indirect, subtle, but effective. It allows the U.S. government to refinance over $7 trillion in debt at manageable interest rates over the next six months.
Moderate Inflation as a Weapon Against Debt
Inflation is often treated as a universal evil. But when managed carefully, it becomes a powerful tool. Tariffs raise prices (causing moderate inflation), while a controlled slowdown in consumer spending cools demand (leading to deflationary pressure). The two forces balance out.
The end result? A stable environment in which the real value of public debt gradually erodes. No austerity, no tax hikes, no cuts to essential services — just a strategic rebalancing. It’s a soft exit from the debt trap, one based on growth and currency adjustment, not coercion.
Stablecoins and Gold: A Return to Real Assets – and a Challenge to the Fed
Another lesser-known, yet revolutionary, component of Trump’s strategy is his plan to reshape the monetary system itself.
The proposed “Genius Act” requires that stablecoins — digital currencies pegged to the U.S. dollar — be fully backed by U.S. Treasury bonds. This would eliminate opaque or private reserve practices, and ensure that every digital dollar in circulation corresponds to a real, state-backed asset.
The effects are significant:
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It creates a steady, structural demand for U.S. debt, strengthening financial stability;
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It limits the arbitrary expansion of digital money, introducing a concrete, verifiable backing;
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Most importantly, it reduces the Federal Reserve’s monopoly on currency issuance, shifting monetary power closer to the elected government.
In this vision, the power to create money is no longer a purely central bank affair — it becomes tied to democratic oversight and national interest.
At the same time, discussions are underway about issuing gold-backed Treasury instruments, leveraging the U.S.’s substantial gold reserves. In an era of growing skepticism toward fiat currencies and mounting de-dollarization efforts by the BRICS and others, gold is reemerging as a strategic guarantor of trust.
This marks a dramatic shift toward monetary realism: tying money to tangible assets like government bonds or gold, rather than printing endless liquidity from thin air.
Fiscal Incentives + Protectionism = Industrial Boom
Trump has also slashed corporate taxes, creating a favorable environment for Foreign Direct Investment (FDI). The combination of tax relief and protective tariffs has made the U.S. more attractive for global companies looking for a stable, profitable, and politically aligned home.
This approach turns the old neoliberal formula on its head. Instead of cutting domestic spending to please bond markets, Trump boosts domestic production to grow the real economy — and fund the debt organically.
An Assault on Old Globalism
Make no mistake: tariffs are also a political weapon against globalism — not against international trade itself, but against a specific model of globalization that enriched elites while hollowing out the middle class, exploiting cheap labor abroad, and weakening nation-states.
In this model, the European Union plays a central role: a bureaucratic and centralized entity that has prioritized speculative finance, labor deregulation, and aggressive internationalism, all while abandoning its Christian and humanist roots.
Under the leadership of Ursula von der Leyen — aligned with Zelensky, Germany, France, the U.K., and the Baltic states — the EU has pursued a militaristic and bellicose foreign policy, far removed from the peaceful vision once promised to its citizens.
Italy’s Opportunity in a Changing World
This global realignment presents a historic opportunity for Italy. If the current Italian leadership chooses to distance itself from the EU’s rigid and war-driven agenda, it could forge a privileged channel with the United States — especially under Trump, who sees Brussels as both an obstacle and an adversary.
Italy could use this moment to:
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Assert a sovereign foreign policy, distinct from the militarism imposed by Northern European elites;
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Break from the EU’s speculative financial doctrine, and defend the dignity of labor and national production;
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Reclaim its geopolitical weight, not as a junior partner of Berlin or Paris, but as a creative and sovereign force in the Mediterranean and the broader West.
Washington, under Trump, would likely welcome such an Italian stance — even as a tactical move to counterbalance a European Union increasingly hostile to his vision.
Conclusion: A Plan for Sovereignty, Not Chaos
Trump’s economic plan is not a tantrum, nor an improvisation. It’s a strategic, reality-based response to a collapsing financial order. It challenges the old rules of:
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Central bank supremacy;
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Debt without growth;
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Money without backing;
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Trade without loyalty;
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Politics without nations.
Instead, it offers a vision built on sovereignty, production, labor, and anchored value. Beneath the surface of market tensions and harsh rhetoric, there’s a coherent doctrine — one that reclaims power from elites and returns it to the people and their nations.
And if Italy plays its cards right, it could be part of this new chapter — not as a subject, but as a partner.