Stupid Is as Stupid Does: Will the real Scott Bessent please stand up?
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Show Notes
Trump’s economic policies overseen by Scott Bessent are torching the U.S. dollar and tanking the economy. In this episode, Max does a deep dive into the decline of the dollar, U.S. fiscal mismanagement, and bizarre monetary policy that has many questioning whether we’re witnessing the decline of U.S. economic hegemony in real time. The episode examines U.S. policy through the actions of Treasury Secretary Scott Bessent whose erratic behavior belies his moderate past.
Access the corresponding graphs.
Resources
Conference Board: US Consumer Confidence Fell Sharply in January
Money Maze Podcast: Who is Scott Bessent? Meet Trump's New US Treasury Secretary
Census Bureau: Monthly Construction Spending
MacroMicro: U.S. Dollar Index
MacroMicro: Japan - US/Japan 10Y Bond Yield Spread vs. USD/JPY
MacroMicro: Gold / US Dollar / 10Y Yield
UNFTR Resources
Video: Scott Bessent's DERANGED plan to destroy the dollar and economy
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