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Front Page

Scott Bessent is 'playing with fire' as the Treasury's debt buyback risks putting the dollar in a devaluation spiral like the yen, economist warns

fm-term-meta-233910339-mutual-fund | FORTUNE · 2h ago · 🇯🇵 Japan

Scott Bessent is 'playing with fire' as the Treasury's debt buyback risks putting the dollar in a devaluation spiral like the yen, economist warns

"Markets are primed for Dollar debasement to resume and — as Japan shows — it can be next to impossible to stabilize a currency once it enters a devaluation spiral."

Read the full story at fm-term-meta-233910339-mutual-fund | FORTUNE →

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