Scott Bessent boasting “I am the house” and trying to talk down the dollar is the classic hubris of a central planner.As Martin Armstrong points out, we saw this exact political vanity with the 1985 Plaza Accord—and the market responded with the 1987 crash.Bureaucrats cannot dictate currency values by fiat; when state command-and-control clashes with global capital flows, the market always wins and the planners always lose.The post Hubris, Central Planning, and Market Reality appeared first on LewRockwell.