Bessent is doing to the Dollar what he did to the Pound Sterling

Last week, Scott Bessent implemented the same playbook on the USD that the yen did before it’s collapse. He knows this, because he made $3.5B off the Yen collapse. The dollar is down 8.8%.
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Scott Bessent, a Soros protege, made $3.5 billion betting against Japan when their…

— theleahfiles (@leahfiles) August 24, 2026

Last week, Scott Bessent implemented the same playbook on the USD that the yen did before it’s collapse. He knows this, because he made $3.5B off the Yen collapse. The dollar is down 8.8%.
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Scott Bessent, a Soros protege, made $3.5 billion betting against Japan when their government bought its own bonds to suppress long-term interest rates.

The yen lost 50% of its value and the Wall Street Journal called him “The Man Who Broke the Bank of Japan.”

Last week, his Treasury Department doubled its bond buyback program. Same mechanism as Japan. Buy your own long-term bonds –> push yields down.

The dollar index is at 99 and gold just hit an all-time high of $5,595.

The Brookings Institution warns that he is “playing with fire” and risks “a devaluation spiral like the yen.” But, he knows exactly what this does. He made $3.5 billion because he knew what this does.

So, the man who spent 40 years profiting from currency collapses is now running the same playbook on the dollar. Nothing to see here….