🚨Scott Bessent on the economy: AI will allow us to "run it hot" Treasury Secretary @SecScottBessent breaks down the positive impact of non-inflationary growth driven by AI "We're full speed ahead." "June was the first positive June for the Treasury since 2015." "We actually had a surplus, and we did that in a good way. We took in more revenues, some from tariffs, and we brought down spending." "When I think about what we can do here, what I'm really excited about is the idea (that) with AI, we can go back to the paradigm when I was younger in the 90s, Alan Greenspan was able to run the economy very hot because it was the IT boom, and we had this very powerful non-inflationary growth." "And I think that it's highly likely we could have that now." "And so that kind of growth would bring down the deficit very quickly." Thanks to our partners for making this happen: @NYSE: @VISA: