

He might imply that initially to get (white) people to get on his side.
But the reality is anybody he doesn’t like he can simply excommunicate from the country. You are no longer a citizen - get out, or to to prison for crimes against the state. It’s the ultimate removal of personal freedom.




Which, by the way, is achievable with a 529 account, which has been around for a long time. Any funds not used for education can be rolled into an IRA in adulthood.
He is doing nothing new, but is putting his name on it. I guarantee it will encourage investments in private equity/credit and crypto.
He does nothing for altruistic reasons. If it appears to benefit others, it is either a side effect, or a useful illusion.