Treasury Secretary Scott Bessent just dropped some interesting numbers on the state of the US economy. Speaking recently, he painted a rosier picture than many expected—calling the current situation "better than we thought" and projecting GDP could hit 3% growth before 2025 wraps up.
He also mentioned the administration's frustration with negative press coverage, pointing out that real incomes have actually climbed roughly 1%. The gap between perception and reality seems to be a sticking point for policymakers right now.
For crypto markets, stronger-than-expected economic data often influences Fed policy and risk appetite—worth keeping on your radar.
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MemeEchoer
· 6h ago
3% growth? Wake up, it's just printing money.
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NftRegretMachine
· 12-07 22:50
Same old rhetoric, 3% GDP? It’s ridiculous to believe you.
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GateUser-bd883c58
· 12-07 22:48
3% growth? That's just talk, real income only increased by 1%... the gap is ridiculous.
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SignatureLiquidator
· 12-07 22:46
Yeah, it sounds nice, but has the money actually been credited, everyone?
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CryptoCross-TalkClub
· 12-07 22:41
LOL, the Fed says "better than expected," and we in crypto listen even more closely than retail investors, afraid to miss the next wave of getting rekt.
Real income up 1%? The coins in my wallet are down 50%. I can't do that math.
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Bessent's latest promotion is basically "3% imagination," with actual income up 1%. Where did the difference go, folks?
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Here we go again: good economic data = risk assets pump = time for us to jump in and get dumped on. This playbook is way too familiar.
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With 3% GDP growth, my altcoins are still lingering in negative infinity. So this is what they call market efficiency?
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Media talking bad? Bro, look at the coin prices. They're more painful than your PR crisis.
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GasFeeAssassin
· 12-07 22:34
Bragging again? When it comes to 3% growth, we still have to see how the Fed plays its hand.
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PonziWhisperer
· 12-07 22:33
Bragging again, 3% growth? Let's wait and see.
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MemeCurator
· 12-07 22:31
3% growth? That's just talk. Actual income only increased by 1%. The gap is ridiculous.
Treasury Secretary Scott Bessent just dropped some interesting numbers on the state of the US economy. Speaking recently, he painted a rosier picture than many expected—calling the current situation "better than we thought" and projecting GDP could hit 3% growth before 2025 wraps up.
He also mentioned the administration's frustration with negative press coverage, pointing out that real incomes have actually climbed roughly 1%. The gap between perception and reality seems to be a sticking point for policymakers right now.
For crypto markets, stronger-than-expected economic data often influences Fed policy and risk appetite—worth keeping on your radar.