Bessent says grow out of debt while debt outruns growth… The Fed is being pulled in opposite directions.
Bessent: “We will grow our way out of debt.” Real GDP growth: 2023: +2.9%2024: +2.8%2025: +2.1%2026: +1.5% (Q2 annualized) US debt growth: 2023: +7.2%2024: +6.9%2025: +6.1%2026: +7.5% (last 12 months) Debt is growing 2–3× faster than the economy. You don’t grow your… — Fthegurus (@fthegurus) August 26, 2026 Warsh speaks at Jackson Hole on Friday. … Read more