What would happen in this scenario?

- US removes limit on debt ceiling
- Trump prints a lot of USD to buy BTC moving the debt up massively
- Inflation increases in the US and jobs are cut due to the cost of debt and money printing....

Would BTC dump after the purchase, or would it be higher, seeing as the extra printing would devalue the dollar? (when comparing BTC to USD)

or would it be a case that the notional USD value is higher, but the DXY equivalent value is lower because the USD would weaken?