Opinion: Scott Bessent supports the depreciation of the dollar and falling oil prices to stimulate growth in the US and global economy
Bitget2024/11/25 06:29
Former Goldman Sachs executive and founder of macro research firm Real Vision, Raoul Pal, posted on X stating: "The new Treasury Secretary Scott Bessent favors a depreciation of the dollar and a drop in oil prices to stimulate growth in the US and global economy. This is all you need to know; it will drive financial conditions. Bessent is good for your wallet. I've known him for over ten years, he understands this."
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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