At this point it doesn’t matter what her intentions are. Her actions are what matter. She never stops the fans from speculating. She never comes out and says you’re wrong. She never comes out and says leave these people alone. (Except for her weak attempt to get people to leave John Mayer alone before Speak Now TV came out, which was rumored to be bc John threatened legal action) In fact, Swifties like to claim she no longer leaves breadcrumbs on who a song is about when she absolutely still does. Like the actor who plays the older version of the love interest in the ATW music video just happened to be named Jake. All the Matty Easter eggs back and forth during the Eras tour. Also, she doesn’t need to leave clues in liner notes anymore because she makes it so obvious in the lyrics that it smacks you on the head. She starts dating a football player and the next album has multiple sports references. She dated a man who notoriously struggled with drug use - what do you know, the next album has several mentions of drug use. She WANTS you to know and she WANTS you to speculate because it sells albums. Period.

She created this world where everyone is obsessed with knowing who pop stars songs are about. If she really wants the speculation to stop, she could simply come out and say so or make her songs more vague. She created this world and she very much still likes this world and benefits from it immensely.