What matters in massive government bond purchases—the actual money flowing in, or what it signals to markets? Goldman's taking a closer look at Trump's ambitious debt-buying plans, and their answer might surprise you. They're focusing on the signal aspect rather than just the raw flow numbers. This distinction actually matters a lot for anyone watching market cycles. When policy makers make these kinds of moves, traders don't just care about the liquidity injection—they're reading between the lines about future rates, inflation expectations, and overall risk appetite. For crypto investors keeping tabs on macro trends, this Goldman perspective is worth understanding. Bond dynamics shape capital allocation across all asset classes, including digital assets. The takeaway? Watch what officials are really signaling, not just the headline spending figures.