Scott Bessent criticizes the Federal Reserve’s use of QE, saying it created a “two-tier economy” and calling the Fed the “engine of inequality” for inflating asset prices while leaving non-asset holders behind.
Shared via https://pullthatupjamie.ai
Here's the part he left out 
.jpgPerfect because cumulative CPI is 24% over the same period. Fiat money's working exactly as designed.
Maybe never and that's okay. They've had every chance to correct course since the Olive Branch Petition in 1775. We tried telling them. Their own masochism is the oxygen for this tyranny.
GM. I, for one, want politicians to pander to bitcoiners. #freesamourai
Will the real criminals please stand up? #freesamourai https://www.nbcnewyork.com/news/national-international/paul-campo-indictment-mexican-drug-cartel/6426867/
Sort of like how Western gold demonetized Chinese silver through the century of humiliation. May the hardest money win.
Yes #YESTR
"It is better that ten guilty central bankers escape than that one innocent politician suffer." - Sir William Blackstone, 1769
U don’t eat enough herring.
nostr:nevent1qqs2dgu2ptn0zsf089tsz203ujyqq9ufsu9drhq0h5ur72ljgwzfuaqkrtxpl
*fomo intensifies*
GM. You can just make a living on bitcoin-friendly prediction markets and gift cards purchased with sats.
Good spot to sun your balls too, benefit from the snow's reflectivity
Still thinking about this. AI and quantum computing share an electron bottleneck in the US. "Too big to fail" tech companies building in these fields are also probably guaranteed a federal backstop because of their importance to national security.
Orbital data centers (using Chinese-made solar panels at first) might be the only hope the US has to close the electron gap with China. Elon has the best competitive moat imaginable for this scenario. The money printer will send him to Mars.
Plus, orbital data centers could help preserve Earth's beauty and move us slightly up the Kardashev scale. Amazing what happens when #bitcoin mining sets the floor for electricity.
If these numbers hold, SpaceX will debut at a valuation no one has ever seen.
OpenAI at $500B… SpaceX at $1.5T.
Shared via https://pullthatupjamie.ai
SpaceX has the competitive moat for building orbital data centers. Might want to buy some real estate at Earth's Lagrange points.
Lutnick: “Remember, Americans don’t have millions of people to fasten tiny screws in iPhones — but we do have the capacity to run robotics.”
https://blossom.primal.net/dfa1813c2afcf091eb9cf297b25b68a4064b167b670d7f3989e59451e133952f.mp4
And China's winning at robotics too. https://ifr.org/downloads/press_docs/2025-09-25-IFR_press_release_China_in_English.pdf
I view sending notes and other stuff (especially zaps) as a bit like hodling. It sends a demand signal for entrepreneurs, devs, and curious outsiders to learn from and respond to. Shitposting at said folks also helps sometimes.
Men will literally fight wars instead of releasing the Epstein client list. https://www.youtube.com/watch?v=HU2OXRrEhoo
GM to everyone who thinks that only one empire can usurp another in issuing the reserve currency, point out how nobody holds RMB, say there is no alternative to the US, and ignore the fact that the internet is far larger than any empire.
A supercell sunset in New Mexico
[📹 jonaspiontek]
https://video.nostr.build/14ca8cedfd5cce35e65409e0123821f719389485cb013790d9885384329ddc37.mp4
Look, nostr:nprofile1qqsxzsz83jdwztcapd2qulzhspnyjvn6jxcypvrl0w3aahp40j4smfgpp4mhxue69uhkummn9ekx7mqpz4mhxue69uhk2er9dchxummnw3ezumrpdejqzyrhwden5te0dehhxarj9emkjmn976av6t, it's a S U P E R C E L L
Well said! And shout out to Gwern for helping me understand this too https://gwern.net/bitcoin-is-worse-is-better
Gonna be a lot more of this soon. Like, probably, a whole lot more. 
Just did thanks to your note. I really appreciate it!
