TREASURY SECRETARY SCOTT BESSENT: The government is going to make money and I would rather use peace through economic strength then have to be shooting at Norco boats coming off shore if the government collapses.

"Do you know what a currency swap is?"

Classic.

For those that don't know, by selling USD to Argentina through a swap line, when the Peso appreciated after the re-election of Milei, the value of that $20 billion swap went up...

As always, I suspect the Bank of England… https://t.co/1uFZ8aJqFb

— Tom Luongo (Head Sneetch) (@TFL1728) November 11, 2025

Do you know what a currency swap line is?

It's a currency swap, yes.

Yes, but what is that?

You're the treasury secretary.

Yes, but why would you call it a bailout?  In most bailouts, you don't make money.  The US government made money.  We used our financial balance sheet to stabilize the government. One of our great allies in Latin America during an election, the president there won in a landslide.  The government is going to make money and I would rather use peace through economic strength then have to be shooting at Norco boats coming off shore if the government collapses.  We have a generational opportunity in Latin America to create allies. We just saw an election in Bolivia.  We're probably going to see an election in Colombia.  We've seen them in Ecuador we're going to see them in Chile.  So by stabilizing the economy there and making a profit and that's a very good deal and there's a lot that we could have been doing for the American Farmer, but Democrats closed the government.