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Posted on 8/20/26 at 2:58 pm to stout
quote:
Some people I follow are saying his juggling of the Yen is genius and will basically hollow out Japan while keeping the US chugging along, but Japan doesn't realize it They also see Scott expanding this cash swap to other countries, allowing us to weaken them too.
If people on this message board can read and understand this why do we think Japan and others won’t realize it and will go along with it?
Posted on 8/20/26 at 2:58 pm to stout
quote:
You want Yellen back?
I’m not a finance guy but I stayed at a Holiday Inn Express last night. I can’t really tell the substantive difference between the two. They seem to be playing the same can kicking game because our fundamental government function and revenue demands are incongruent.
Americans want the government to do many things but not pay for it. So we create debt to fund it instead. I’ve said it many times recently: there will be a reckoning and it will come down to cut the government to the bone or pay more taxes. I think pay more taxes is going to win. The 50 year fantasy we’ve lived under is coming to an end.
This post was edited on 8/20/26 at 2:59 pm
Posted on 8/20/26 at 2:58 pm to Taxing Authority
quote:
This is like saying LSU shouldn’t have fired Brian Kelly. You want Curley Hallman back?
OK then a-hole, give us YOUR pick.
You assholes NEVER provide a workable solution to anything you whine about.
Posted on 8/20/26 at 3:42 pm to IMSA_Fan
quote:
We have seen abysmal job growth, GDP growth south of 2%, inflation in the mid-3%, increased deficit spending and he’s losing the bond market…. again. He, statistically, is on track to go down as one of the worst Treasury Secretaries in modern memory.
So all better than the previous gal?
Don't worry, it is transitory.
This post was edited on 8/20/26 at 3:44 pm
Posted on 8/20/26 at 3:44 pm to Diego Ricardo
quote:
I can’t really tell the substantive difference between the two.
We averaged 6.5% inflation per year under her. And were told it was transitory.
Posted on 8/20/26 at 3:54 pm to IMSA_Fan
Scott Bessent is wrecking the Globalists monetarily. Whatever pains we have in the US pale in comparison to those of London.
Posted on 8/20/26 at 4:02 pm to dgnx6
quote:
We averaged 6.5% inflation per year under her. And were told it was transitory.
We’re better but still double the 2% target I believe. Yellen caught the front end of consumer spending uptick after COVID vaccine that made the QE of 2020 come home to roost finally.
I don’t think Bessent is doing a good or bad job. He’s just playing the hand dealt by the elected officials.
Posted on 8/20/26 at 4:10 pm to IMSA_Fan
quote:
he’s losing the bond market…. again.
Care to explain this???
The treasury mkt is a small portion of the bond market.
Non-treasury bonds price off of treasuries so yields in the rest of the market are higher.
However, most every market spreads to the treasuries are extremely tight. Tighter than they have been in years (actually decades).
Posted on 8/20/26 at 4:27 pm to IMSA_Fan
He has diplomatic jew immunity
Posted on 8/20/26 at 5:04 pm to bbvdd
Whatever his latest intervention was lasted like a day.
This interview was pretty wild. The guy was praising Bessent just a week ago and now says he is doing reckless things at the wrong time. This is some serious doom porn.
This interview was pretty wild. The guy was praising Bessent just a week ago and now says he is doing reckless things at the wrong time. This is some serious doom porn.
This post was edited on 8/20/26 at 5:06 pm
Posted on 8/20/26 at 5:10 pm to IMSA_Fan
I'm almost willing to bet $100 that the op has a degree in something education or social sciences related
Posted on 8/20/26 at 7:41 pm to IMSA_Fan
Bessent is one of the best things of this administration - Rome wasn’t built in a day and Yrump is actually fixing decades old imbalances.
Posted on 8/20/26 at 7:42 pm to IMSA_Fan
You are a fricking retard.
Posted on 8/20/26 at 8:17 pm to IMSA_Fan
Stupidest take I have seen here in a long time. The guy is one of Trump's superstars.
Posted on 8/20/26 at 11:12 pm to IMSA_Fan
Bro, get your head out of your arse.
You are a total buffoon.
Stick to what you know.
You are a total buffoon.
Stick to what you know.
Posted on 8/20/26 at 11:51 pm to VoxDawg
quote:
The Federal Reserve and the private western Central Banking cartel will not survive the Donald Trump era.
Listen up ...
This poster gets what's happening and y'all should listen instead of mock
.
Posted on 8/21/26 at 12:30 am to SaintsReportExile
quote:
What do you have against gay people?
The males kissing, sucking cock, sodomy, and rim jobbing.
Lesbians are free to do whatever they want besides little girls.
Posted on 8/21/26 at 12:35 am to IMSA_Fan
quote:
When does Scott Bessent get canned?
never..
aside from Rubio he's the top
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