Trump is pushing for the Mar-A-Lago Accord, a plan to convert foreign holdings of US debt into 100-year zero-coupon bonds that are banned from trading in the market.

In February, he said the government could “monetize the US balance sheet for the American people.”

One way to do this would be to revalue America’s gold reserves.

The US still prices its gold reserves at $42.22 an ounce.

If revalued to the market price of around $2,900, it could create nearly $900 billion in new equity overnight.

This would give the government a new pool of capital without borrowing more money or printing dollars.

Other assets, including federal land, real estate, infrastructure, and even confiscated cryptocurrency, could also be used.

The logic is clear: the US owns trillions in untapped assets but still runs massive deficits.

They want to put federal land up as collateral for loans. Instead of just issuing debt in the government's name, they want to get lower interest rates by putting up US land as collateral. And when they manage the government right into default, the bankers will take possession of all national parks and federal land. That's what 'monetize' means. It means put up as collateral.

Devaluating federal debts will seriously impact the ability of the government to raise money. Nobody in his or her right mind outside the US will buy bonds anymore if they are risky, potentially worthless papers.

This is skirting close to declare American bankruptcy to international markets.