Trump's "tariff magic": Understanding this big game, you will know where the wealth flows. In the underground vault of the Mar-a-Lago at 3 am, Trump touched the safe with the family crest engraved on it, with a familiar curve at the corner of his mouth. The former president who loves to wield the "tariff stick" on Twitter is playing a game that transcends traditional economic logic.

First, the 'hollow America' fatal crisis stands at the top of the Empire State Building in New York City, overlooking the neon lights of Wall Street still shining brightly, but the ruins of factories in the Rust Belt states around the Great Lakes are silent and frightening. The proportion of the manufacturing sector in the GDP of the United States has fallen below 11%. Behind the prosperity created by technology and finance is a countdown bomb that adds $100 million to the national debt every hour.
By 2024, the size of the US national debt will exceed 35 trillion US dollars, equivalent to 200,000 US dollars in debt for every newborn. What's even more frightening is that 7.6 trillion of this debt needs to be repaid within 12 months - a figure that exceeds Germany's total annual GDP.
Behind the triple calculation of tariffs, when everyone is focusing on Trump's 60% tariff on Chinese goods, smart money has long seen through the sophistication of this combination of punches:
First punch: Imported goods become luxury goods, with a $380 billion tariff on imported goods, making Chinese-made products on Walmart shelves 30% more expensive. American consumers are forced to turn to domestic products, and steel mills in Ohio and chemical plants in Texas suddenly receive a flurry of orders.
Second punch: forcing the Fed to yield, rising import prices directly push up CPI, and the US inflation rate rebounded to 3.9% in April. When beef prices in supermarkets rose by 22% year-on-year, Powell had no choice but to cut interest rates - this is exactly the "devaluation button" that Trump wants.
Third punch: Debt magic show, with a 10% depreciation of the US dollar, equivalent to wiping out 35 trillion US dollars of debt out of thin air. What's more, global capital will frantically exchange dollars to buy US assets, forming a perfect debt digestion loop from villas in Florida to tech stocks in Nasdaq.
Third, why Bitcoin is the biggest winner when Trump is speaking in Arizona, Wall Street traders are frantically pounding on their keyboards. For every 0.1% drop in the US dollar index, over 800 million US dollars flow into the cryptocurrency market:
Rate cut expectations: Fed rate futures show an 89% probability of a rate cut in September, making Bitcoin, holding zero-interest assets, the best choice.
Debt Monetization: The U.S. Department of the Treasury issues $60 billion in new debt each week, and these papers will eventually become USDT deposits on exchanges.
Global Safe Haven: Fund managers from Tokyo to Zurich are starting to view BTC holdings as 'digital gold' allocations
"This is like a souped-up version of the 2016 Brexit in the UK." The trading chief of the encrypted bank Galaxy Digital emphasized at an internal meeting, "When the fiat system starts playing tricks, the math-based currency built by code is the safest seat in the house."
Fourth, the survival rule of the sober-minded At a high-end dinner party in Manhattan, hedge fund managers wearing Patek Philippe raised champagne to celebrate the new high of the U.S. stock market. But the truly smart players have already laid out their strategies on three battlefields:
Physical battlefield: hoarding strategic resource stocks such as lithium and copper mines (hard currency under tariff protection) Currency battlefield: shorting the US dollar index futures + holding bullish options for Bitcoin (hedging against fiat currency depreciation) Debt battlefield: heavily investing in military-industrial and infrastructure ETFs (the biggest beneficiaries of government borrowing)
"Don't be scared by the 10% daily volatility." Wall Street legend trader Paul Tudor Jones revealed in a recent interview, "When central banks start using debt as fuel, Bitcoin's candlestick chart is the torch that ignites wealth."
Conclusion: In the currency illusion, Trump's tariff magic will eventually come to an end, but the crack in the dollar hegemony will not disappear. Starting from 2024, global investors will have to learn to dance with shackles:
Whenever the White House announces a new tariff list, open the Bitcoin wallet
Every time the Federal Reserve hints at a rate cut, we check the mining machine computing power data
The first thing I do when I wake up every day is to check whether the U.S. Treasury yield curve is inverted
Remember: In the Ponzi feast of fiat currency, what a sober person should do is not to burst the bubble, but to learn how to plant their own money tree in the bubble. After all, when the entire economic system is playing "pass the parcel", the one who gets the parcel in the end is the winner.