* U.S. TREASURY SECRETARY BESSENT: WE'RE SET ON BRINGING INTEREST RATES DOWN -- FOX NEWS INTERVIEW @reuters.com - ThreadSky

carlquintanilla.bsky.social • 1 day ago

* U.S. TREASURY SECRETARY BESSENT: WE'RE SET ON BRINGING INTEREST RATES DOWN -- FOX NEWS INTERVIEW

@reuters.com

Comments

rrrvvvwww.bsky.social•1 day ago

LMAO these assholes

demwriter.bsky.social•1 day ago

If Trump has the same goal, someone better tie him to a chair in an economics class.

karula.bsky.social•1 day ago

"The art of the deal"

idwagner.bsky.social•1 day ago

So the guy who got elected to stop inflation is going put it on steroids. Who could have saw this coming? Everybody who paid attention.

looseends131.bsky.social•1 day ago

Ahahahaha….

hmodell.bsky.social•1 day ago

Translation: We’re praying for a recession so everything gets cheap and we oligarchs can buy shit up at pennies on the dollar.

wjbaker1.bsky.social•1 day ago

Nothing will get cheap. Tariffs will take care of that. Its just an extra tax on american citizens.

nonnylynda.bsky.social•1 day ago

That wasn't in regards to retail store prices, it was in regard to the right wing billionaire acquisition broligarchs who meet in Sun Valley every year, who had bought up all legacy media parent companies by 2022.

They will buy every foreclosed house, business, and farm at a discount

jwflowersii.bsky.social•1 day ago

Fed won't be able to if Inflation soars.

swmseattle.bsky.social•1 day ago

But they’ll have to lower interest rates to support an economy in recession.
Stagflation is Back!

mreddie8976.bsky.social•1 day ago

Yeah, as soon as that recession/depression hits, we expect the Fed to lower rates

However, if inflation is rising...

The Fed will wait to see substantial job losses before ignoring the "stable prices" part of their mandate

moose1212.bsky.social•1 day ago

By destroying the economy.

pandastamper67.bsky.social•1 day ago

Good luck with that

bierquaffer.bsky.social•1 day ago

Oh, they will come down. Not for any reasons any of us will want.

doridoll.bsky.social•1 day ago

Gaslighting the dumb fucks in America!

donald-trumpshka.bsky.social•1 day ago

They're going to need to to battle the recession they intentionally caused. It's possible that was their the game, they like low interest rates so they cause a recession to justify them.

pepe-mccormack.bsky.social•1 day ago

I don’t bother posting in these guys posts anymore, they don’t even bother to read them; much less grace US with an answer. I just plain quote them if I need to say something so my followers can read it.

madbuc.bsky.social•1 day ago

Yes, by creating a recession.

agg-1.bsky.social•1 day ago

Treasuries will be converted into America First perpetual Bonds, no secondary market

Watch

agg-1.bsky.social•1 day ago

But the market will set on selling treasury bonds and corporate debt and long term market interest rates will SOAR

paolobernardi.bsky.social•1 day ago

it was already happening.... but can you really cut in a stagflationary scenario?

juanrive.bsky.social•1 day ago

“Gas prices not seen since Covid”

bobbymax716.bsky.social•1 day ago

Cheap money again. What could go wrong ?

spradlig.bsky.social•1 day ago

I missed the part where the Treasury Sevretary runs the Fed.

shriketron.bsky.social•1 day ago

It's a natural effect of burning down the economy?

gigi133.bsky.social•1 day ago

Well a recession will do that. However, inflation is going to spike which would mean raising interest rates. Bottom line, fire Powell and executive takes over the fed. The plan all along.

gregjoslyn.bsky.social•1 day ago

LOLz

danamasse.bsky.social•1 day ago

With a Depression

ksunny.bsky.social•1 day ago

The dumbest people are in charge

yallstopyelling.bsky.social•1 day ago

Sometimes it's hard to tell if it's craven or dumb. Scott most certainly is craven.

tempvsfvgit76.bsky.social•1 day ago

They were put there by the dumbest people. American exceptionalism.

jaydub2099.bsky.social•1 day ago

Raising prices across the board with tariffs will surely result in lower rates. We're headed for stagflation everyone.

windycitysalmon.bsky.social•1 day ago

You’re spelling depression incorrectly

andyoregon.bsky.social•1 day ago

How will that fix people’s 401ks being wiped out?

baumer.bsky.social•1 day ago

Payday loans will have APRs in the triple digits instead of quadruple?

cara-dep.bsky.social•1 day ago

Here comes the recession

spirit-dreamer.bsky.social•1 day ago

It is my personal opinion based on the information available, ie the results of Canada boycott of US products, drops in vacation travel, tariff concerns, the Atlanta fund etc, the valuation of the US dollar is being heavily manipulated by the Federal Reserve to hide a massive impending collapse…

bullwinkles.bsky.social•1 day ago

Stagflation is a weird way to do so.

oatsmint.bsky.social•1 day ago

By destroying the economy? By dramatically increasing both unemployment and inflation? I seem to remember that hasn't worked before…

baileysbay.bsky.social•1 day ago

Just more winning from the mediocrities now in charge

deus01.bsky.social•1 day ago

Until President Musk decides to skip some treasury payments

marketrealist.bsky.social•1 day ago

Yeah, it’s called a recession—triggered by a sudden 3% drop in disposable income, which will force QE. Tariffs act like a regressive sales tax, hitting the lower 50% the hardest. And that 3% decline doesn’t even account for retaliatory tariffs yet. The fun is just beginning.

dangermouse911.bsky.social•1 day ago

Bankrupt 99% of us so prices go down.

kenroth.bsky.social•1 day ago

I feel so much better now.😉

bbycb.bsky.social•1 day ago

Hahahahahaha!

martinweir.bsky.social•1 day ago

Tariffs + Mass Firings + Slashing Billionaires' Taxes = the trifecta of financial Depressions.

tripoley1966.bsky.social•1 day ago

Yeah, recessions often do.

captainkappy.bsky.social•1 day ago

by causing a recession

ashleymont.bsky.social•1 day ago

Starting a recession should do the trick.

davidgilbertvoiceover.com•1 day ago

Folks must realize it's the fed that sets rates, not treasury!

And given the enormous inflationary pressures of MASSIVE TARRIFS, it's unlikely they will want to add fuel to the inflationary fire!

They lie like we all breathe oxygen!!!

mamav1099.bsky.social•1 day ago

Here comes a recession.

m-t-art.bsky.social•1 day ago

Let me fix that for you. You’re set on burning this country down on every level you possibly can. That sounds more accurate.

amythefabulous.bsky.social•1 day ago

Is there any point in interviewing people, in good faith, who actively lie to your face?

It’s like standing next to a three-year-old and a broken candy dish asking who did it.

calixtus.bsky.social•1 day ago

[man, holding a hacksaw to his thigh]: "I'm set on bringing my weight down"

bd-nola.bsky.social•1 day ago

Sure interest rates will come down, but there will be mass unemployment making recovery nearly impossible.

usnthem.bsky.social•1 day ago

lol.

chudonew.bsky.social•1 day ago

🤣 😂 🤣 😂

whatisaccounting.bsky.social•1 day ago

lol ok

lovedogs8.bsky.social•1 day ago

Yeah right! The only thing they're bringing down is the country.

no-twiitter.bsky.social•1 day ago

Sure Jan!

petcharles.bsky.social•1 day ago

For full context, he said that while holding an open container of gas. Ensure the path to your bunker is cleared of obstructions.

kenjaminsol.bsky.social•1 day ago

As soon as we create a Trump Recession, the Fed will lower interest rates.

hollysbirds.bsky.social•1 day ago

Because one Great Depression wasn’t enough. You knew they would interfere with Fed. This is really serious. Maybe time for a Swiss bank account and not in dollars

latticemindset.bsky.social•1 day ago

Sorry but don't see US Treasuries as a safe haven any time soon. However, I can see various levels of a sovereign debt crisis, at least impacting the mid to longer end of the curve.

Do we get to the point where 3 month US Tbills aren't considered the risk free rate of return?

itsheath.bsky.social•1 day ago

And the Federal Reserve is certainly not going to approve that as Trump tanks our economy.

joel-d.bsky.social•1 day ago

Warren Buffet didn’t double his cash position by end of the fourth quarter of 24 not to use it…thanks Trumpcession

chrisneyland.bsky.social•1 day ago

ALL HAIL DEAR LEADER!!!

WE WILL LOWER INTEREST RATES BY CAUSING A DEEP AND UNNECESSARY RECESSION BASED ON NOTHING MORE THAN OUR STUPIDITY!!!

DEAR LEADER KNOWS ALL!!!

scottinmarin.bsky.social•1 day ago

Lol

charlescolee.bsky.social•1 day ago

Delete "interest rates," insert "EVERYTHING," and you've got an accurate statement.

dogmacatma.bsky.social•1 day ago

What they say and what they do are two entirely separate things. Sadly too many in this country with the awesome responsibility to vote only see the one.

ambig.bsky.social•1 day ago

Recessions will do that.

jebnc.bsky.social•1 day ago

By causing a recession 😉

engineerhawk.bsky.social•1 day ago

I believe him.

wiese2154.bsky.social•1 day ago

Recessions will bring down a lot of things.

cabbageridge.bsky.social•1 day ago

How do they plan on doing that?

joshuafaile.bsky.social•1 day ago

To be clear: we didn’t need a massive deflationary event to bring down ~already~ moderating interest rates.

I hope everyone knows this is yet another lie to obscure their intentional actions to cause a depression that they hope will paralyse the masses and prevent popular opposition and uprising.

joshuafaile.bsky.social•1 day ago

Note: The regime and it’s backers are also going to use the artificial depression to further plunder the public coffers, and are already doing so with their farcically fraudulent “Strategic Crypto Reserve”, which is essentially just the world’s largest pump and dump scheme.