Scott Bessent
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Appearances Over Time
Podcast Appearances
I can't hear you.
Yeah, okay.
I might, I might.
The U.S.,
will have reported likely, despite the government shutdown, despite the longest government shutdown in history, 4.1% growth for the past three quarters.
And so we have been successful at that.
Europe last week celebrated 0.3% growth.
So it's no comparison.
And I think we are beginning to accelerate, and importantly,
Everything we are doing is to fix this terrible Biden inflation from the past four years, 21.5%, much more for working families, and we are bringing that down.
No.
According to the San Francisco Federal Reserve, with 150 years of data, tariffs do not cause inflation.
San Francisco Federal Reserve, Congress won.
Are we intervening in the currency market right now, strengthening the yen?
Is that happening?
We're no longer pushing globalism and free trade.
We are raising borders since 2017, including through the Biden administration and back to Trump.
We're seeing more isolationist policies.
And so if there is a benefit to a weaker dollar, then this administration will try to gain and get as much from that benefit.
What we're watching for is any kind of disorderly movement in the dollar.