Scott Bessent letter to Elizabeth Warren

by Flint: Scott Bessent

🚨 LMFAO!! Treasury Sec. Scott Bessent just dropped his full legendary letter to Elizabeth Warren and it's PURE GOLD. She's sent him over 100 LETTERS pestering him thinking she knows more about economics than Bessent... "Happy Indigenous Peoples' Day in advance to you and your family!" 😂 "I have received your October 7 letter, which adds to the mounting body of evidence of your complete paucity of knowledge about financial markets. Rather than take my suggestion of studying introductory economics, you have continued your letter-writing crusade and participation in tabloid fodder about the Treasury Department." "My offer of a Foreign Exchange for Dummies tutorial still stands and if you receive a passing grade on the Yale metric, not the Harvard curve, I would be happy to also include a Fixed Income for Dummies." And the pure mic drop from the REAL expert: "The "interventions" you describe as "unprecedented" have been underway since May 2024. The buyback program has been well received by market participants in bolstering Treasury liquidity, which reduces market volatility, increases the convenience yield of Treasury securities and ensures the best value for the taxpayer." "The continued enhancements optimize Treasury market liquidity in primary and secondary markets. The U.S. Treasury market's liquidity and performance versus global peers is evidence." The IQ difference here is easily in the dozens of points. Elizabeth Warren is in WAY over her head. Let Bessent cook, he knows what he's doing! He's also HILARIOUS 🤣🤣