In Bob Woodward’s 2018 book Fear, former chief economic advisor Gary Cohn explained Trump’s suggestion to deal with the United States’ record national debt: “Just run the presses — print money.”
Printing money to offset debt can lead to runaway inflation, which Cohn said he went on to explain to the President.
Trump made similar remarks in his campaign about how the United States could never default because it could simply print more money.
Cohn also described Trump as “an idiot surrounded by clowns” that is “less a person than a collection of terrible traits.”
CNBC – Trump told Gary Cohn to ‘print money’ to lower the national debt, according to Bob Woodward’s book
CNN – Trump: U.S. will never default ‘because you print the money’
The Hill – Trump’s plan to help eliminate the federal debt was to print money: Woodward book