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Beau of The Fifth Column

Let's talk about Scott Bessent’s brilliant economic moves....

Beau of The Fifth Column

Beau of The Fifth Column

Society & Culture

4.8965 Ratings

🗓️ 1 December 2025

⏱️ 5 minutes

🧾️ Download transcript

Summary

Let's talk about Scott Bessent’s brilliant economic moves....

Transcript

Click on a timestamp to play from that location

0:00.0

Well, howdy there, Internet people, it's Bell again.

0:05.0

So today, we're going to talk about Scott Besson's brilliant economic moves.

0:12.0

Treasury Secretary Scott Bessent, the billionaire who recently said he was a soybean farmer,

0:19.0

had quite the amazing economic take recently.

0:22.7

He was on Meet the Press and was asked directly about how inflation had shot up to 3%,

0:28.8

an almost 50% increase in the last few months since Trump's tariffs.

0:35.1

The host said, quote,

0:36.2

We have seen prices increasing on staples like coffee,

0:41.3

bananas, bacon. Inflation has gone up. It's at 3% now, up from 2% in April, when the

0:49.6

tariffs were imposed. The billionaire soybean farmer and Trump Economic Advisor first said, quote,

0:58.0

no, no, no, no, they weren't.

1:00.5

Inflation hasn't gone up.

1:03.9

Yes, it has.

1:05.5

It was 2.3 in April.

1:07.6

It was three in September.

1:09.9

Greater than less than. Which one does the alligator eat?

1:14.1

chart below. You would think the absolute denial of basic economic numbers from the Treasury Secretary

1:21.7

would be the story. But it's not, because what he said next might be one of the most confusing takes from a Treasury

1:30.0

Secretary in modern history. Quote, you know the best way to bring your inflation rate down?

1:38.6

Move from a blue state to a red state. Blue state inflation is half a percent higher.

1:45.4

And that is because they don't deregulate.

1:48.2

They keep prices up.

...

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