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
Bitcoin, macro, markets, and the stories behind the headlines. This Week in Bitcoin breaks down what happened, why it matters, and what it means for Bitcoiners. New episodes every week.