IDK much about money either. But from 30k foot view and knowing Trump's background, I would assume when he intentionally put the US Treasury in the first lien position on the existing debt and essentially folded the Fed into treasury by stacking the board with guys who, on cue (or Q lol), raised interest rates when Biden took up residence, my guess is that he intends for the US to default on the debt and destroy the Central Banks.

I read somewhere (here) the US Treasury has been minting silver coins for some time now, but not circulating. Maybe they are just going to give people the value of what they lost calculated at some pre hyper-inflation point in time, which would be hilarious. Because even if bank debt wasn't cancelled, paying off a 100,000 after hyper inflation mortgage debt would be like buying a loaf of bread. Serves 'em right.