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Opinion: Scott Bessent supports the depreciation of the dollar and falling oil prices to stimulate growth in the US and global economy

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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