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Don't remind me again today

Treasury Secretary Bessent just dropped an interesting take on the Argentina swap line deal. According to him, the arrangement's already sitting in profitable territory. That's a pretty bold claim considering how these bilateral currency swap agreements usually play out.



For context, swap lines between central banks are supposed to be liquidity backstops—not profit centers. But if Bessent's numbers check out, it suggests Argentina's repayment terms or collateral structure might be working more favorably than typical arrangements. Could be a signal about how the current administration is approaching emerging market relationships differently.

Either way, it's an unusual flex for a Treasury official to publicly tout gains on what's essentially a diplomatic financial tool. Makes you wonder what the underlying mechanics look like.
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MetamaskMechanicvip
· 9h ago
Playing so extravagantly, making money isn't shabby.
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GasFeeSurvivorvip
· 11-11 13:24
It's just another political and economic show of muscle.
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StableBoivip
· 11-11 13:23
ayoo ngl these gains lookin sus af... since when do swap lines print money like that?
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BoredStakervip
· 11-11 13:23
omg bessent bragging abt profits... srsly who does that with swap lines lmao
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DegenDreamervip
· 11-11 13:07
All-in guy who says whatever he understands... Playing blockchain games, researching trends. Shorting is not as good as going all-in. Currently enjoying Salt Baby.
View OriginalReply0
MrRightClickvip
· 11-11 13:06
bro bessent acting mad sus with those profits
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