top of page

L1 | He shorted the yen thirteen years ago—why is he personally defending it now?

Aug 7

1 min read

Updated: Aug 9

Did Bessent truly change his convictions, or merely his seat?

Perhaps he never changed at all.

He simply went from being a hunter seeking out cracks to a guardian standing watch over them.

https://video.wixstatic.com/video/347763_a6a872b1a9714f868f0b5719c49bcfe6/1080p/mp4/file.mp4

Recent Posts

L3 BK13| Bessent’s Full Circle: From Shorting the Yen to Defending It

Scott Bessent has twice found himself standing in opposition to his own past. In 2013, as Chief Investment Officer of Soros Fund Management, he led a team that bet against the Japanese yen, reportedl

A cover design in the style of a serious financial documentary: A gray-haired man in a black suit stands at the center, viewed from behind and slightly to the side. On the left, imagery of the Wall Street trading floor, the Charging Bull, and a chart showing the USD/JPY exchange rate in freefall symbolizes the "financial hunter" who once shorted the yen. On the right, the U.S. Treasury building, a curve showing the yen’s rebound, a golden yen symbol, and a policy notepad reading "Intervene. Buy yen" represent the "guardian" who defends the currency from within the state apparatus. The central headline reads, "From Hunter to Guardian: Why Did Bessent Switch Sides?" with the subtitle "Shorting the Yen → Defending the Yen" below. The design employs a color palette of deep blue, black, and gold to illustrate Scott Bessent’s transformation from hedge fund trader to U.S. Treasury Secretary.

From Hunter to Gatekeeper: Why Bessent HasTaken a Stand Against His Past?

Comments

bottom of page