The jobs myth collapsed overnight. The Fed’s the fall guy, and Scott Bessent’s hint is loud and clear: buy Bitcoin.

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Show Notes

• BLS Revises Job Growth Down by 911,000 Between April 2024 and March 2025 (https://legalinsurrection.com/2025/09/bls-revises-job-growth-down-by-911000-between-april-2024-and-march-2025/)

• Employers added 910 fewer jobs than initially estimated, per BLS revision (https://www.hr-brew.com/stories/2025/09/10/910000-fewer-jobs-bls-revisions)

• US payrolls benchmark revision estimate suggests labor market weaker than previously thought (https://www.reuters.com/business/us-payrolls-benchmark-revision-estimate-suggests-labor-market-weaker-than-2025-09-09/)

• PDF: The Fed’s New “Gain-of-Function” Monetary Policy (https://www.international-economy.com/TIE_Sp25_Bessent.pdf)

• Wholesale prices fell unexpectedly in August (https://thehill.com/business/5495567-august-wholesale-prices-deflated/)

• US wholesale prices decelerated in August (https://www.businessreport.com/article/us-wholesale-prices-decelerated-in-august)

• PPI inflation August 2025: Prices unexpectedly declined 0.1% (https://www.cnbc.com/2025/09/10/ppi-inflation-august-2025-.html)

• Anatomy of a Billion-Download NPM Supply-Chain Attack (https://jdstaerk.substack.com/p/we-just-found-malicious-code-in-the)

• 🚨 There’s a large-scale supply chain attack in progress (https://x.com/P3b7_/status/1965094840959410230)

• Charles Guillemet on X: “Update on the NPM attack: The attack fortunately failed, with almost no victims.🔒 (https://x.com/P3b7_/status/1965336272550899932)

• BTC Sessions 😎 on X: Confirmed unaffected NPM attack (https://x.com/BTCsessions/status/1965213302612787456?t=AoE0dwnNBhS7nZad3p5Hew)

• Electricity costs are surging, and AI could supercharge demand. - YouTube (https://www.youtube.com/shorts/31Zljed-StM)

• How AI infrastructure is driving a sharp rise in electricity bills - YouTube (https://www.youtube.com/watch?v=iVGTGpKpykM)

• Bitcoin can ‘easily’ get to $200,000 before year-end, says Fundstrat’s Tom Lee - YouTube (https://www.youtube.com/watch?v=XcyFJ6KYoL0)

• Congress bill mandates Treasury report on strategic bitcoin reserve (https://cointelegraph.com/news/us-lawmakers-seek-treasury-report-ironing-out-details-bitcoin-reserve)

• U.S. Congress Demands 90-Day Report on Strategic Bitcoin Reserve Security (https://finance.yahoo.com/news/u-congress-demands-90-day-115830035.html)

• US Treasury Given 90 Days to Outline Strategic Bitcoin Reserve (https://bitbo.io/news/us-treasury-bitcoin-reserve/)

• Congress bill mandates Treasury report on strategic bitcoin reserve (https://cointelegraph.com/news/us-lawmakers-seek-treasury-report-ironing-out-details-bitcoin-reserve)

• Lightning Channel Stats: H1 2025 (https://blog.getalby.com/lightning-channel-stats-h1-2025/)

• The Fed Will Make Bitcoin Worth Millions! - YouTube (https://www.youtube.com/watch?v=_Uhncw2BFdA)

• Mel Mattison (@MelMattison1) (https://x.com/MelMattison1)

MUSIC

• Hard Work [Live in Amsterdam] (https://podcastindex.org/podcast/7216277?episode=33874518605)