Treasury Secretary's Risk and Insights
Whenever people say, "Oh, well, Treasury
Secretary is taking a risk," I say, "Well,
it's my dream. I have asymmetric information." Like I am
the house now. So right?
So, so when we intervene with the Japanese
yen,
I have pretty good insight into what the Japanese, what the
Bank of Japan's gonna do, what Japanese policymakers
are going to do. Um,
and, um, but if-- you can bet against me if you want
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