The man is lying through his teeth. He knows it, and he knows we know it. Bessent also knows that in July, there's a good chance the new treasury sale will be no-bid and the Fed will have to print money like mad. The only thing that's going to happen is that the debt will continue to spiral.
Wow. Just, wow.
"We can both grow the economy and control the debt. What is important is that the economy grows faster than the debt.
If we change the growth trajectory of the country, of the economy, then we will stabilize our finances and grow our way out of this." - Bessent
https://blossom.primal.net/515e3e400ea74226875545eea366a87f293bb466e390cd9f4effd6fe5a5bd974.mp4
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