{"id":375248,"date":"2025-02-25T23:28:04","date_gmt":"2025-02-25T17:58:04","guid":{"rendered":"https:\/\/dripp.zone\/news\/i-aim-to-reduce-spending-and-ease-monetary-policy-at-the-same-time-crypto-news\/"},"modified":"2025-02-25T23:36:03","modified_gmt":"2025-02-25T18:06:03","slug":"i-aim-to-reduce-spending-and-ease-monetary-policy-at-the-same-time-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/i-aim-to-reduce-spending-and-ease-monetary-policy-at-the-same-time-crypto-news\/","title":{"rendered":"I aim to reduce spending and ease monetary policy at the same time – Crypto News"},"content":{"rendered":"

<\/p>\n

\n

US Treasury Secretary Scott Bessent reiterated some of President Donald Trump’s policy goals during a hosted event in Australia on Tuesday. Treasury Secretary Bessent reiterated that tariffs remain a key funding source for the Trump administration’s plans moving forward, and that Bessent fully believes that the Trump administration will find a way to reduce spending, ease monetary policy (which is typically done through increased spending), and lower Treasury yields all at the same time.<\/p>\n

Key highlights<\/h2>\n
\n

Tariffs are the essential component in strategy, and can increase US industrial capacity.<\/p>\n

Tariffs are an important source of revenue, and and can help manage imbalances in other economies.<\/p>\n

I am paying particular attention to the 10-year treasury yield, I believe Trump’s policies should reduce it.<\/p>\n

Term premiums should contract as the market gains confidence in the long-term fiscal profile of the US government.<\/p>\n

The government debt plan well is positioned for several quarters.<\/p>\n

China is likely to continue to add to its economic imbalances.<\/p>\n

China really needs more consumption.<\/p>\n

We will examine China’s non-tariff barriers and currency policies in reciprocal tariffs analysis.<\/p>\n

Trump wants to diversify the sourcing and processing of critical minerals, Australia can play a role.<\/p>\n

Government jobs don’t generate real long-term wage growth.<\/p>\n

I aim to reduce spending and ease monetary policy at the same time.<\/p>\n

Bank regulations have pushed borrowing to an unregulated financial system but does not see a stability problem.<\/p>\n

I advocate for a 3% fiscal deficit-to-GDP ratio.<\/p>\n

I will come up with a list of industries that need to have secure supply chains including chips and medicines.<\/p>\n<\/blockquote>\n

\u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

US Treasury Secretary Scott Bessent reiterated some of President Donald Trump’s policy goals during a hosted event in Australia on Tuesday. Treasury Secretary Bessent reiterated that tariffs remain a key funding source for the Trump administration’s plans moving forward, and that Bessent fully believes that the Trump administration will find a way to reduce spending, […]<\/p>\n","protected":false},"author":2,"featured_media":375255,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[691,201,248,251,246,257,255,250,252,247,253,249,3206,334,256,254],"class_list":["post-375248","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-australia","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-tradewar","tag-unitedstates","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/375248","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=375248"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/375248\/revisions"}],"predecessor-version":[{"id":375256,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/375248\/revisions\/375256"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/375255"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=375248"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=375248"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=375248"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}