The debt hit $40 trillion. Bitcoin had its best week since 2023.
Is the Treasury Buyback Quantitative Easing? Not Yet — But Here’s the Rung That Is
Everyone called this week’s Treasury bond buyback “QE.” It isn’t — it’s a 30-year loan refinanced into a 90-day adjustable, funded by T-bills, to save about $4 a household. Here’s the 4-rung ladder of who has to buy next, and the one asset that isn’t on it.
Treasury Debt Buyback Explained — Why Washington Just Doubled Down Buying Back Its Own Bonds
The Treasury just doubled its bond buyback to at least $4B per operation after the 30-year hit its highest yield since 2007. What a buyback actually does — and doesn’t do — to the debt.
Housing Starts Just Fell to a Post-COVID Low — Turns Out Nobody Really Owns Their Mortgage Either
Housing starts just fell 12.4% to the slowest single-family pace since 2022. The deeper story: about 70% of U.S. mortgages run through Fannie Mae and Freddie Mac — still government wards since 2008, and now up for privatization.
$40 Trillion National Debt Explained — Why the 1946 Escape Route Is Already Closed
The national debt is about to cross $40 trillion — arriving faster than any trillion before it. Last time debt was this high, three tools brought it down. This time, only one and a half are left.
Gas up 24.6% and They Called it Colling
Tokenized Bank Deposits Explained — Why JPMorgan, Citi and Bank of America Just Built Their Own Digital Dollar
Four of the biggest banks in America just built a shared tokenized deposit network. The pitch is speed. The real target isn’t stablecoins — it’s making sure nobody else ever gets to run the pipes.
New Broadcast
Japan Spent $87 Billion Defending the Yen — America’s Own War Chest Holds $18.8 Billion
Japan spent $87 billion in two days on the largest currency defense ever recorded. Here’s the four-link chain that connects it to your bond fund, what the Exchange Stabilization Fund can actually spend, and the Fed report that tells you when this stops being Japan’s problem.
Why Is My Electric Bill So High? A Bitcoin Miner Just Bought Part Of The Answer
PJM’s own market monitor put an exact number on it: $23,100,955,341 added to power bills across three auctions. Here’s the Ohio power plant a Bitcoin miner just bought, and what it has to do with your kilowatt-hour.