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! (https://x.com/saifedean/status/1968313897204711559)

• Bank of Canada lowers interest rate to 2.5% in first cut since March (https://www.cbc.ca/news/business/bank-of-canada-interest-rate-announcement-sep-17-1.7635891)

• Someone bought $680 MILLION Bitcoin ahead of today’s rate cut decision. (https://x.com/BTC_Archive/status/1968290501494247934)

• Federal Reserve Board - Federal Reserve issues FOMC statement (https://www.federalreserve.gov/newsevents/pressreleases/monetary20250917a.htm)

• Fed Cuts Rates by Quarter Point and Signals More Are Likely - WSJ (https://www.wsj.com/economy/central-banking/fed-cuts-rates-by-quarter-point-and-signals-more-are-likely-dba38600)

• BRICS Nations Hold the Leverage (and Gold) and Why Bitcoin Price Isn’t Higher with Luke Gromen - YouTube (https://www.youtube.com/watch?v=iZNS1zjBthU)

• Bitcoin Hashrate Surges Past 1 Zetahash, Marking Security Milestone (https://bitbo.io/news/bitcoin-hashrate-zetahash-milestone/)

Music

• This That by Ollie (https://podcastindex.org/podcast/7484223)