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Scott Bessent: “The most analogous period to what we're seeing now is the…”

Featuring: Scott Bessent, Republican | Secretary of the Treasury | National

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Watch CNBC's full interview with Treasury Secretary Scott Bessent

Published | Video Starts at 28:05

So why was Alan Greenspan the maestro? Because he had an open mind. Because the 90s I just mentioned, I think they're. When I look at economic cycles, I think that The most analogous period to what we're seeing now is the 90s. And it would have been very easy for Alan Greenspan to kill the Internet boom. They have stopped the not be open to the idea that there was a productivity boom and slam on the brakes. (28:05–28:10)

CLAIM

Asserts that the current economic cycle is similar to the 1990s.

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