Secretary Bessent: we will direct - at the discretion of President Trump - our allies what to do with their surplus dollar reserves - Trump in control!
Cabal is History
Manneco64 (“home of alternative economics”) summary: secretary of the treasury was on with Larry Kudlow on Fox business: Trump will have the power now to tell allies, country is like Japan, South Korea, and even it’s European allies what to do with their surplus dollar reserves.
Treasury Secretary Bessent on Fox (replayed by Manneco64):
”have these agreements in place where the Japanese, the Korea, and to some extent, the Europeans will invest in companies and industries that we direct them largely at the president’s discretion.”
it’s more of coercion, tariffs, and the Fed keeping interest rates high (even though Pres. Trump vilifies Fed Chair over it) which means Europe and get better interest rates on bonds in America — it’s all incentives
Tom Luongo on Commodity Culture, July 26, EU won’t last 5 years https://www.youtube.com/watch?v=9Ckq4NuVFls