<p>Scott Bessent stated that the U.S. economy is in an unstable state, with high debt, unreasonable monetary policy, and persistently high inflation being potential risks. The Federal Reserve's policies are one of the reasons for the current economic predicament</p>

- In an April interview, Scott Bessent discussed the challenges facing the U.S. economy, including high debt and inflation, and criticized the Federal Reserve's policy missteps.  
- He expressed optimism about cryptocurrencies and highlighted the potential of the Japanese market, while reflecting on his successful shorting of the pound during the 1992 crisis.  
- Bessent also lamented the impact of Sam Bankman-Fried's fraud on the crypto market's credibility, emphasizing the need for systemic risk analysis in investing.

The most popular candidate for U.S. Treasury Secretary: The yen is undervalued by 40%! The Federal Reserve's mistakes exacerbate economic difficulties