Scott Bessent: Trump's $2000 Tariff Checks Won't Fuel Inflation If People Don't Actually Spend Them

[Ruby the Liberal]

Like Howard Nutlick's MIL - who wouldn't be concerned if she doesn't gets her Social Security check.

This is the man in charge of the Treasury. Who apparently doesn't understand the incredibly simple economic concept of the Velocity of Money (tiktok link) and how SPENDING from the bottom up drives the economy, not parking cash onto existing cash piles like his caste does.

The man who started a hedge fund with $5.1bn in 2017 that plummeted to $577m in 2023. The man who helicopter-dropped $40bn of US taxpayer dollars on Argentina to bail out his investor class buddies.

Its truly amazing to watch.

The administration is hopeful Americans won’t necessarily spend the $2,000 tariff checks President Trump has promised, and instead pump them into “Trump accounts” for kids, Treasury Secretary Scott Bessent says. President Trump said Monday that $2,000 checks would start going out in mid-2026, just ahead of midterm elections. (Officials concede legislation will be necessary to actually make it happen.)

The risk of rising prices remains a huge concern for consumers, and against that backdrop, Fox News asked Bessent Tuesday night how the government would avoid another bout of stimulus-driven inflation if the checks happen. “Maybe we could persuade Americans to save that, because one of the things that’s going to happen next year” is the start of “Trump accounts” to save for kids, Bessent said.

https://www.joemygod.com/2025/11/scott-bessent-trumps-2000-tariff-checks-wont-fuel-inflation-if-people-dont-actually-spend-them-video/

Video clip (Xitter 1:17)

Link to tweet

[unblock]

1. I mean I plan on framing mine. In an old frame I have in the basement. Won't everybody do that?

[calguy]

2. People won't actually spend hem

if they don’t actually get them. Just like they never spent their DOGE checks.

[samnsara]

3. i can tell ya right now my grandaughters will order....

..2000$ worth of food from GrubHub...and my daughter will head for the casino..

[Wonder Why]

4. Better yet, spend it on getting Bessent deported as undesirable.

[gab13by13]

5. It's not Krasnov's money to give away.

WTF people, Krasnov is giving us back the money we already spent because of his tariffs.

If the fat fucker sends me 2,000 dollars, mine is going to a food bank.

[Lovie777]

6. WTF..................

these people are deranged.

There will be no $2,000.00 refund, the country's economy is failing and the Republican party is the reason why.

$500,000.00 for senators who can file suit because of phone investigations and the American tax payers have to pay it?

While mostly GQP congresscritters want to defund Snap, SS, SSI, Healthcare, Medicare, Medicaid, et al.

[Buns_of_Fire]

7. Hell, if that's the assumption, why not make it $10,000?

Really, I won't spend it. Pinky swear on trump's honor.

[PJMcK]

8. Is there anyone more stupid than Bessent? (n/t)

[durablend]

13. How long you got and do you want a list?

[Attilatheblond]

9. Treasury Secretary's head so far up his ass

he needs a monocle in his belly button to see out.

We have a cabinet straight out of Alice's Wonderland.

[allegorical oracle]

10. Like Bessent also told Argentina not to spend the $$billions it's receiving. HA!

[Autumn]

11. Come on dip shit, pay attention . People aren't going to get that check.

The vote for the files is over save this distraction for another day .

[dalton99a]

12. They are suitable for framing because of Trump's signature

[Ruby the Liberal]

19. I remember that from Covid

He ordered the Treasury to reprogram their system to change the generic government payee to him personally so that his signature was on each stimulus check. Delaying the process by over 3 weeks, IIRC - but hey, his name was on the check.

King Man Child.

[durablend]

14. Figures most of them will bounce

[surfered]

15. Our national debt has increased $2 trillion since Trump was elected last January

Those tariff dividend checks won’t increase the debt if people tear them up.

[Jbraybarten]

16. Yet another comment to show this admin is beyond out of touch

[eShirl]

17. so out of touch with the real world

[GiqueCee]

18. Bessent...

... is an imbecile utterly devoid of even a shred of common sense, and even less of common human decency. But then, the entire Trump regime was selected for their staggering stupidity and mindless malice.
Russell Vought has a lot to answer for. His bottomless pit of evil, and Trump's infantile ego, have brought the nation to its knees.
NO forgiveness, and NO mercy. They certainly haven't afforded us any.