Alright, listen up. You may not know this yet—but there are two names you need to learn if you give even half a damn about your rent, your retirement, or the price ofground beef. Jerome Powell. Scott Bessant.
These guys might not be on your news feed, but I promise you—they’re writing the rules to the game you’re playing every time you swipe a credit card, cash apaycheck, or try to buy a house.
Now I know what you’re thinking—'Great, another economics podcast...' But no. This isn’t Econ 101. This is a street-level breakdown of how the Fed and Treasury—two bureaucratic titans—are waging a quiet war over your wallet.
And if you’ve ever watched a good buddy cop movie—where one guy plays by the rules and the other’s always one step from getting fired—then congratulations: you already understand U.S. monetary policy.
One guy’s raising interest rates like they’re nun chucks. The other’s selling debt to pay for wars, bridges, and broken promises. They fight. They reconcile. And when they screw it up? We’re the ones cleaning up the mess. So yeah...today we’re diving deep into the Powell-Bessant dynamic. But not like a textbook. More like Lethal Weapon with a Bloomberg terminal. You don’t need a degree to follow along—but after this, you’ll never hear the word 'inflation' the same way again.