Business & Economy
“I Am the House Now”: 34 Years Ago, Bessent Helped Soros “Break the Bank of England.” Now He’s Daring Traders to Bet Against the Yen.
Bessent publicly declared he has "asymmetric information" on yen intervention and dared currency traders to bet against him.
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Bessent publicly declared he has "asymmetric information" on yen intervention and dared currency traders to bet against him. A 29-year-old Bessent convinced Soros to short the pound in 1992, earning the firm $1 billion when Britain exited the ERM.
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