For many, Trump's statements about 60% tariffs are just another "pre-election" provocation. But once you read the "Mar-a-Lago Accord", you can't help but laugh. Behind it lies a strategy that could radically transform the global financial system - and propel America to places where even Latin American populists have not yet reached.
When former US President Donald J. Trump announces a new economic doctrine, the world often writes off his words as a show of support for his electoral base. But behind the scenes, there is reportedly an actual strategic document – unofficially dubbed the “Mar-a-Lago Accord” – that lays out a plan for a comprehensive restructuring of the global economic order.
The document, prepared by a group around economist Stephen Miran, reveals a three-pronged plan: dollar devaluation, massive imposition of tariffs and restructuring of US debt – including the idea of 100-year bonds with a minimum coupon. If this sounds like the economic version of “Mad Max,” you’re not the only one rolling your eyes.
Ideological Turn: America as a Developing Country?
The strategy could mark a historic turn where the US – long the epicenter of global finance – begins to employ tactics typically reserved for developing countries: devaluation, protectionism, debt restructuring.
Imagine the following scenario: The US, following this logic, would deliberately weaken the dollar, impose protectionist tariffs, and at the same time convince foreign countries to swap US debt for ultra-long-term bonds. In theory, Washington would “freeze” its liabilities, and exports would become competitive again thanks to the weaker dollar.
But the problem is obvious: Attempts to simultaneously devalue and strengthen the dollar through tariff measures are fundamentally contradictory.
The dollar trap: the paradox of the world's reserve currency
The core of this strategy is based on a critique of the dollar’s status as the global reserve currency. Miran argues that this status hurts American industry by artificially inflating the value of the dollar, making American products more expensive and less competitive. But the irony is obvious: this same status allows America a lifestyle where it can import real goods in exchange for “digital dollar promises.”
If America throws away this privilege – or if the world itself loses confidence in it – the consequences will be global. Including higher interest rates on US bonds, a loss of liquidity and a potential crisis of confidence in the US fiscal system.
“Customs War 2.0”: now also with moral categorization of countries
One of the most striking elements of the strategy is the proposal to introduce global “social credit system”: countries that follow American interests – from paying to NATO to respecting American intellectual property – would receive preferential market access, lower tariffs and other benefits. The rest of the world? Let them prepare to be “disciplined”.
This means that trade relations would be transformed into moral ones: cooperate with us, or pay a tax for your disobedience. Although the US has long used economic leverage to achieve geopolitical goals, this system would institutionalize this practice.
An indebted empire
But perhaps the most alarming part of the document is the proposal to debt restructuring: Issuing “century bonds,” bonds with a 100-year maturity and a minimum coupon. This is a clear sign that Washington wants to reduce its current burdens – and shift them to future generations.
In an extreme version, the document even mentions the possibility non-payment of interest to foreign holders of US bonds. In other words – technical insolvency.
The US, which has taught the world about responsible fiscal policy in the past, is now flirting with the possibility of deliberately did not honor their debt obligations – something that would have been unimaginable a decade ago.
New doctrine or desperate measures?
The Mar-a-Lago Accord is not an official White House document, but rather a blueprint. But if we read it as a programmatic starting point for the future administration, it reveals deep uncertainty within the American system.
Instead of a confident empire, what emerges is a country willing to sacrifice global trust to survive its own fiscal crisis. This is not a manifesto of strength – but proof that the empire is at a point where it only trusts in shock therapy.
Three Steps of Trump's Economic Strategy - Mar-a-Lago Accord: How to "Make America Great Again"
For anyone wondering what exactly is behind Trump's economic "tariff fireworks," the answer is pretty clear — and worrisome. His team is reportedly coming up with a three-step strategy that some are calling... “Mar-a-Lago Accord”, after his famous Florida estate. It is an attempt to solve the deep fiscal and industrial crisis of the United States with methods that are familiar primarily from Latin America, not from Washington.
1. Devaluation of the US dollar
Trump wants the dollar to become weaker. And this is not a printing error.
Why? Because a strong dollar means that American products are more expensive on the world market – and that hurts domestic industry. If the dollar is too expensive, then a German machine is cheaper than an American one, even if it’s made in Louisiana. The idea is that by artificially weakening the currency (read: “depreciating the value of the dollar”), American exports would become more competitive.
This does work – but usually in countries where people have much lower incomes and a lower standard of living. In the case of the US, this would mean importing inflation: Prices of imported goods would explode, from iPhones to bananasIn this context, it is about economic self-mutilation for therapeutic effect.
2. Massive tariffs on imports – not just from China, but from all over the world
If something is not "Made in the USA", it should be more expensive. And if we also hit our own allies with it - too bad.
Trump wants to impose tariffs on Chinese products – which is nothing new. But in the “Mar-a-Lago Accord” he is said to go even further: It is also expected to introduce import duties on products from Europe, Mexico, Canada, Japan... practically the entire world. Why? Because China finds a way around it – it sends the product to Mexico, which processes it slightly, and – voila – a duty-free hamburger on an American's plate.
To prevent this, tariffs would become global, and would also depend on how “friendly” a country is to the US – and this is where the idea of a kind of “international country rating system”. If you pay in NATO, respect American patents and don't like Russia - you're "cool" and pay less. If not? Tell the rich to get their wallets ready.
3. Restructuring the US debt: 100-year bonds and “interest rate magic tricks”
When you can no longer pay your debt, you just stretch it out over a hundred years. Let the next generations worry.
The US has more than $34 trillion in debt. And that's the problem. Interest rates are getting higher, debt is piling up. The solution? Issuance “century bonds”, i.e. government bonds with a 100-year maturity. If a government issues such a bond today with a very low interest rate, this installment in the future will be relatively small – but today it gets a little bit of a reprieve.
The problem? The outside world will notice. And they might say, “Thank you, no thanks.” Who would want to lend money to someone who won’t pay it back for a hundred years? And that’s if you’re lucky. This is not a strategy for a growing empire – this is the solution usually offered by a bankrupt uncle asking for a bridging loan.
Conclusion: a crisis in three acts
- Economic reality: The US realizes that prolonged deindustrialization, rising debt, and dependence on global trust are unsustainable.
- Geopolitical turn: The Trump team believes that power can be regained by aggressively redefining the rules of the game.
- Financial fragility: the world sees what Americans may not yet want to admit – that the US is on the verge of losing its most powerful asset: its status as a trusted pillar of the world order.
If the US does indeed choose to go the “Mar-a-Lago Accord” route, it will mark the end of the dollar’s era as the world’s currency – and the beginning of a world where power and currency will once again be separated.
Crypto Trump Plan – 2025
When we combine all the key elements »Crypto Trump Plan" – from the systematic attack on the US central bank and traditional monetary institutions, to the introduction of tariffs that create inflationary pressures, and direct financial involvement in decentralized projects – a surprisingly coherent picture emerges before us. It is no longer clear where politics ends and financial interest begins, or vice versa. In this context, a hypothesis that was completely unthinkable just a few years ago is increasingly being put forward: is Trump actually deliberately destabilizing the US dollar? And not as a side effect of his actions, but as the core of a strategy that is supposed to free America from the "central financial yoke" and push it into a new decentralized monetary future – with Bitcoin as an alternative reserve currency, a large part of which is (coincidentally or not) owned by Trump's companies and allies.
If this hypothesis were true – that the former US president is actively undermining confidence in the dollar, to consolidate his own crypto empire – then we are no longer talking about just unconventional economic policy, but about monetary subversion unprecedented in modern history. Such a scenario would mean not only the end of the dollar world order, but also the beginning of an era where the power of a nation is measured in the ownership of servers, hash rates, and decentralized tokens. This would be a transition from fiat hegemony to cryptographic tribalism – with the president as the greatest “validator” of the new world. If we add to this the public — Mar-a-Lago chord, then it all makes sense.
Conclusion: The end of the illusion and the beginning of a great reorganization? Mar-a-Lago Accord
If for decades US power was anchored in a combination of military superiority, soft diplomacy and unwavering confidence in the dollar as the foundation of the global economy, then the “Mar-a-Lago Accord” acts as a last system reset attempt, which is bursting at the seams. This is no longer the usual policy change via Mar-a-Lago accord, but rather departure from agreed rules, on which the post-World War II global order is based – from Bretton Woods to the WTO.
Trump's alleged strategy – whether driven by personal conviction, political opportunism, or financial necessity – opens a Pandora's box: What happens when a superpower loses the ability to live up to its own standards??And more importantly: how does the rest of the world react to this?
Europe may be left to ponder for some time whether this is a temporary anomaly or a new constant in American policy. China, as a strategic rival, is certainly already calculating the benefits and drawbacks of American weakening and planning how to consolidate the yuan as a global alternative. And small open economies like Slovenia's? They will be even more exposed to the whims of the superpowers and will have to – as always – find themselves in a global game where others write the rules.
But perhaps this very moment of quiet panic and unease is also an opportunity to ask an honest question: is a system based on a single reserve currency even sustainable in the long term? And if not, will the future arrangement be the result of cooperation or a forced transition, as the Mar-a-Lago Accord suggests – with a hint of tariffs, long-term bonds and currency games?
Trump is not just a populist actor in this story. He may be a symptom. He may be the first to loudly expresses the truth that others do not dare to say: that the American empire is no longer as strong as it once was. And if Gorbachev had his perestroika moment, perhaps Washington is now experiencing one too – with tariffs and the inflationary printing press.
The only question is, Who will still believe that the dollar is really valid after this reform?
