America Was Being Played. The Bessent Doctrine Says Those Days Are Over.
By
Mohamed A. El-Erian
21h agoen
Source
NYTAmerica Was Being Played. The Bessent Doctrine Says Those Days Are Over.nytimes.comThe United States is changing the rules of trade in its favor.
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I've written on this notion of a Bessent Doctrine. My thesis is that Bessent views stablecoins under the GENIUS Act as being the 3d Act of the Dollar. The 1st Act was the post WW2 Bretton Woods accord
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