Stupid Is as Stupid Does: Will the real Scott Bessent please stand up?

Trump’s economic policies overseen by Scott Bessent are torching the U.S. dollar and tanking the economy. In this episode, Max does a deep dive into the decline of the dollar, U.S. fiscal mismanagement, and bizarre monetary policy that has many questioning whether we’re witnessing the decline of U.S. economic hegemony in real time. The episode examines U.S. policy through the actions of Treasury Secretary Scott Bessent whose erratic behavior belies his moderate past. Access the corresponding graphs. Resources Conference Board: US Consumer Confidence Fell Sharply in January Money Maze Podcast: Who is Scott Bessent? Meet Trump's New US Treasury Secretary Census Bureau: Monthly Construction Spending MacroMicro: U.S. Dollar Index MacroMicro: Japan - US/Japan 10Y Bond Yield Spread vs. USD/JPY MacroMicro: Gold / US Dollar / 10Y Yield UNFTR Resources Video: Scott Bessent's DERANGED plan to destroy the dollar and economy -- If you like #UNFTR, please leave us a rating and review on Apple Podcasts and Spotify: unftr.com/rate and follow us on Facebook, Bluesky, and Instagram at @UNFTRpod. Visit us online at unftr.com. Become a member at unftr.com/memberships. Buy yourself some Unf*cking Coffee at shop.unftr.com. Visit our bookshop.org page at bookshop.org/shop/UNFTRpod to find the full UNFTR book list, and find book recommendations from our Unf*ckers at bookshop.org/lists/unf-cker-book-recommendations. Access the UNFTR Musicless feed by following the instructions at unftr.com/accessibility.Support the show: https://www.unftr.com/membershipsSee omnystudio.com/listener for privacy information.