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Treasury Sec. Scott Bessent just EMBARRASSED MSNBC
23 days ago
270
Treasury Sec. Scott Bessent just EMBARRASSED MSNBC for thinking they know more about economics than he does MSNBC: How does a $20 billion bailout of Argentina help Americans?!
BESSENT: Do you know what a swap line is?
MSNBC: A currency swap, yes.
BESSENT: But what IS that? Why would you call it a “bailout?” In most bailouts, you don't make money. The US government MADE MONEY!
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