This is going to backfire on the US. The US dollar is going to decline more and more. Things are going to get much worse here.
Consider what happens when CHINA is no longer willing to deal in dollars, or deposit assets in the US banking system.
Consider who supplies goods and services to the US: China, India Indonesia, Vietnam, various OPEC countries. All of them can see themselves having issues with some future US administration. How enthused will they be to keep money in any Western bank?