Inflation could be Trump’s secret weapon to fight the national debt — and it’s making experts worried

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Inflation eats away at your portfolio gains and it makes groceries more expensive. Everybody hates it.Or so it seems.Despite promising to end inflation “starting on Day 1,” President Donald Trump may benefit from it. And some experts think inflation could be a feature, not a bug, of Trump’s presidency.Namely, inflation could be Trump’s secret weapon to sequester runaway national debt. The logic is that if the underlying currency becomes less valuable, so does the amount of money owed.Jeff Muhlenkamp, manager of the Muhlenkamp Fund (MUHLX), certainly thinks an inflationary period is in store for the US as Trump tries to inflate away the debt.”There’s reasons to believe we will,” Muhlenkamp told Business Insider. “The government’s borrowed too much, and the solution governments like to use is to devalue the currency to solve the debt problem.”Rising national debtThe rising national debt is one of the economy’s biggest concerns for Scott Barbee, manager of the Aegis Value Fund (AVALX).”With the US now having $36 tril …

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