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Bessent is learning the wrong lessons from Japan

Cheap money and weaker dollar could cost America the trust it cannot afford to lose U.S. Treasury Secretary Scott Bessent gestures, as finance ministers and central bank governors from Group of 20 members meet in Asheville, North Carolina, on Aug. 31. © Reuters William Pesek is an award-winning Tokyo-based journalist and author of "Japanization: What […]

By deepak · September 3, 2026 · 1 min read

Cheap money and weaker dollar could cost America the trust it cannot afford to lose

U.S. Treasury Secretary Scott Bessent gestures, as finance ministers and central bank governors from Group of 20 members meet in Asheville, North Carolina, on Aug. 31. © Reuters

William Pesek is an award-winning Tokyo-based journalist and author of "Japanization: What the World Can Learn from Japan's Lost Decades."

Source: Read the original article on asia.nikkei.com

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