Tracy Alloway and Will Sommer: A Cabinetful of Clueless Grifters

Yield curve control has gone mainstream (seriously, just ask the Asheville Beatnik with a message for Scott Bessent), so Tracy Alloway is here to explain the latest economic turmoil to Tim. Bessent’s bond buyback gambit seems to have flopped, but apparently, according to the President, there’s always the option of military intervention to bring the market to heel. In the meantime, consumers are going to pay more interest on everything, and there’s no plan to reduce the federal debt.