Scott Bessent: “This is an innovation presidency”

As the federal funds rate climbed from near zero to its highest level in 22 years, with inflation hitting a 40-year high, you were a cheerleader for the Biden Administration’s reckless spending.

Today’s actions send a clear message that even the biggest financial institutions are not above the law.

Well, why don’t we revisit the Biden-era policies where the American people got smoked? 21.5% inflation and only about 17% wage increases.

The Harvard Square inflationista is offering a statistical sleight of hand, not a serious assessment of today’s U.S. economy.