Is Korea trembling?,,,,,,,,, What impact will the 1,345 trillion won 'Trump dividend' have on our economy?

U.S. President Donald Trump has made a bold pledge ahead of the midterm elections to pay $5,000 per adult American citizen, approximately 6.7 million won per person, which is said to have caused concern not only in the U.S. but also in some countries like South Korea. Earlier, on the 9th, President Trump said in his speech at the Republican National Convention held in Dallas, Texas, "If the Republicans win both the House and Senate, I will pay a dividend of $5,000 to all adult citizens of the United States," likening it to a successful company distributing cash to shareholders, adding, "I would call this the 'Trump dividend.'" However, he did not publicly mention the funding for this 'dividend,' but AP analyzed that President Trump would need $1 trillion (1,344.7 trillion won) to carry out this pledge. With about two months left until the midterm elections, President Trump's approval rating With the share remaining in the low 30% range, there are predictions that the Democrats could reclaim the Senate, so they have played the cash payment card to win voters' support. The problem is that if President Trump wins the midterm elections and fulfills that pledge, the 6.7 million won paid to American citizens could also affect South Korea. If the U.S. releases more than $1 trillion, domestic consumption will increase significantly, leading to inflation. Pressure could intensify, and if large-scale cash payments are added to an already severe fiscal deficit, the U.S. Federal Reserve, concerned about rising prices, may keep interest rates higher or delay the timing of rate cuts. If U.S. interest rates rise, Korea's interest rates will also be affected, and exchange rates could become variables. If U.S. Treasury issuance increases to cover the massive fiscal spending of $1 trillion, Treasury yields will rise and the dollar may strengthen . This could lead to a stronger dollar. If the dollar strengthens, the won's value may relatively fall, raising concerns that this could increase import prices and the cost of studying abroad.