Scott Besant

Every advanced economy democracy in the world has come around to this common practice.

It's just an institutional arrangement that has served the people well.

And that is to have a separation between, to not have direct elected official control over the setting of monetary policy.

And the reason is that monetary policy can be used through an election cycle to affect the economy in a way that will be politically worthwhile.

If we have sound policies, the money will flow in.

And we are bringing down our trade deficits, so automatically that should lead to more dollar strength over time.

Absolutely not.

If we have sound policies, the money will flow in.

And we are bringing down our trade deficits.

So automatically, that should lead to more dollar strength over time.

Go on the IRS website.

It's form 4547 and everyone should do it.

And it's a great way because you can also, if relatives, rather than giving a toy for a birthday, for a holiday, they can contribute to these accounts.

I think we're going to see a substantial drop in people playing the lottery because you've won the lottery.

You've got $1,000 and the power of compound interest, families can add to that.

So this is really a new kind of philanthropy.

It is direct to children.

If we have sound policies, the money will flow in.

And we are bringing down our trade deficits.

So automatically, that should lead to more dollar strength over time.