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Bloomberg Television

Scott Bessent’s Views on Trump, Taxes, Tariffs, and Fed #shorts #politics #trumpcabinet #trump 😸

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he has a deep understanding of financial markets as opposed to most politicians so you know he wants to be involved in the conversation he has very well-formed opinions he has a lot of private sector friends all taxes are passed on the consumers and I think what’s interesting about taxes is they aren’t necessarily inflationary they’re a one-time administrative price adjustment tariffs um cause a stronger dollar so a weaker dollar with tariffs is the uh you know it it’s an economic abnormality J Pal’s reappointment was the latest this Century for a Fed share latest the century and I think that that is what stoked or certainly The Accelerated the inflation

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