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    Bessent: “We are cognizant that this short-term blip up in prices is affecting the American people, but I am also confident on the other side of this that prices are going to come down very quickly. If we look at the stock market … “


    Bessent: “We are cognizant that this short-term blip up in prices is affecting the American people, but I am also confident on the other side of this that prices are going to come down very quickly. If we look at the stock market … “



    https://v.redd.it/4qxx6qtr55zg1

    Posted by Conscious-Quarter423

    29 Comments

    1. ShittheFickup on

      Don’t care about the stock market, only care about the grocery market.

    2. rodimustso on

      “Very quickly” ahhh yes the kitchen cabinets falling and destroying the whole kitchen does fall fast

    5. aquarain on

      UAE reports incoming rockets, missiles, drones. One hit so far. War is hot again.

    9. Mrrilz20 on

      Hold HIM PERSONALLY ACCOUNTABLE FOR THE RECESSION. Seize his assets and make him listen to the testimonies of the people that his policies are devastating.

    10. ceNco21 on

      I can picture Kai Ryssdal yelling “THE STOCK MARKET IS NOT THE ECONOMY!”

    16. BogeyLowz on

      Is he all there, you know? Am I understanding correctly that he is hoping for volatility? Even then, can he share with the class what indicators he notices from energy groups that this crisis is going away soon?

      How was this not the plan? Convince Americans that alternative energy is bad and inefficient making more dependent on the very people that control the dial. We can’t be this fucking stupid.

    17. 1234nameuser on

      YES……there’s a lot of americans old / stupid enough to believe this crap

    18. Trevman39 on

      “We know the poors are having problems filling the tank and groceries are higher, but shareholders are really doing great!! ” If Barack Husein Obama hadn’t let 9/11 happen and gotten us into this war with Iran, we wouldn’t be in this position.

      Honestly, its exhausting.

    20. iPunned on

      That’s one way to describe the massive demand destruction that is currently in the works.

      They try hard enough, we may even get deflation

    21. CameStainedRag on

      If there is a hell, I hope Bessent has to spend his eternity listening to Bessent ramble his lies and propaganda to Bessent and only Bessent. If turds could be immoral, he’d be their king. But alas, a turd is but a turd; Bessent, however, is a real piece of shit.

    24. mariusbleek on

      Happy to see the good old reliable “transitory” explanation is alive and well.

    27. mudamuckinjedi on

      Been saying that prices are gonna be declining since your orange supreme leader took office. And all we ever get is B.S and lies form you people! Enough distractions the only thing this administration’s done is divide the nation and turn the U.S. into the laughing stock of the world! We are the planets dumpster fire nation with an orange at the helm throwing gas on it to use as distractions for his abysmal behavior and grifting ways. And enough is enough!

    28. djm2346 on

      I have the least amount of respect for this guy out of anyone in the administration. He knows what he is saying is absolute bull shit. The straight could open this morning and we will be having higher oil, gas, diesel, and LNG prices for the rest of this year and likely into next year.

      He has done everything in the power of the government to keep Oil prices lower artificially and he has been ok with the US oil companies selling large amounts of oil to foreign countries to keep them from running out of jet fuel and gas which is one of the main reasons gas has gone up so fast in the last two weeks. It is also one of the things that caused Spirit to shut down.

      Then he gets on TV and just lies to everyone knowing the truth. It is beyond disgusting.

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