The Fed is a distraction. Congress is the inflation engine. And Bitcoin works as currency right now, Gary Brode spent a month proving it in El Salvador.

Chicago Fed's Goolsbee: supply shocks are structural, 'looking through' no longer works, and restoring 2% will 'necessarily be painful.'

Mike Belshe says the K-shaped economy is a settlement problem, not a policy failure. Tokenization could fix access. Bitcoin fixes the money.

The $70B 5-year Treasury auction priced at 5.033% with the second-biggest tail on record. Bid-to-cover hit a 2018 low. The bond market said no.

Texas manufacturers: production surging, outlook cratering, margins compressing. The Dallas Fed's September survey tells a stagflation story the headline number hides.

UK PIP hits 4.1M claimants. US BLS records 37M disabled. Both break post-February 2021. Ed Dowd lays out what that means for the fiscal picture.

30-year mortgage rates hit 7.28% as of Oct. 1. MBA applications down 6%, fourth straight week of declines. Cash buyers are fine. Everyone else is frozen out.

29K jobs in September vs. 90K expected. July revised to a loss. Bitcoin held $86K as the stagflation trap tightened and Treasury yields slumped.

France's OAT/Bund spread passed 130 bps on Oct 1, worse than Italy and Greece. Debt hits 121.7% of GDP. Interest costs: €91 billion in 2027.

Trump told TIME inflation will erase the $40T debt 'very rapidly.' His Fed pick just hiked rates to fight it. The math exposes the real cost.

Turkey's SPK froze 131 funds. 455K retail investors are locked out. The recovery plan is a voluntary clawback. The structural problem is much older than this crisis.

Rome debased the denarius to fund an overextended military. Sound familiar? Jeremy Ryan Slate on the playbook, and why Bitcoin is the exit Romans never had.

BLS: +29K September jobs vs. +84K expected. EU: 50M barrels of diesel. Two interventions, one Friday morning. The fiat system is being manually propped.

Lyn Alden says AI cheapens services but can't touch money printing. Fiscal dominance keeps scarce assets bid. Here's the split Bitcoiners need to understand.

Spain capped rents near 2% with CPI at 4.9%, lost the parliamentary vote, then routed the decrees through a caretaker body. Landlords pulled thousands of listings in hours.

30-year Treasury at a 24-year high. U.S. gov moves 5,382 BTC to Coinbase Prime. No sale confirmed. The bond market and the Bitcoin reserve are flashing at the same time.

Lloyd's closed the strait before Iran fired. Tom Luongo on the Eurodollar's real casualty, Bessent's buyback play, and Bitcoin as the exit.

469,719 US bankruptcy filings through September 2026, up 11% YoY. Small-business Subchapter V cases up 46%. The debt-saturated economy is cracking.

Fidelity Digital Assets: Bitcoin's correlation with 10-year real yields hit a record 0.6+. The market is pricing fiscal collapse, not risk appetite.

Bank of America launders money and pays a fine. Bitcoin developers write open-source software and go to jail. Mel Mattison on the float scam and what comes next.