Rational Dissent Episode 005. Is Bessent Helping?

Available on YT, Spotify, Apple, Overcast, etc.

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Chapters

00:00 - Teaser & Introduction

01:09 - The Treasury's Rough Week

03:13 - Opening the Toolbox: Fed vs. Treasury

08:00 - The TBAC and the Optimal Issuance Mix

11:39 - The Core Issue: Unchecked Inflation

20:43 - Washington's Reluctance to Fix the Deficit

29:12 - Closing Question: Warsh vs. Bessent