The Fed was forced to slash rates, and the jobs revision is nothing more than a smokescreen for the mess they’re really in.
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Show Notes

Saifedean Ammous on X: "It's fiat bingo day again!
Bank of Canada lowers interest rate to 2.5% in first cut since March
Someone bought $680 MILLION Bitcoin ahead of today's rate cut decision.
Federal Reserve Board - Federal Reserve issues FOMC statement
Fed Cuts Rates by Quarter Point and Signals More Are Likely - WSJ
BRICS Nations Hold the Leverage (and Gold) and Why Bitcoin Price Isn’t Higher with Luke Gromen - YouTube
Bitcoin Hashrate Surges Past 1 Zetahash, Marking Security Milestone

Music

This That by Ollie

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