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Episode 171, Sep 28, 05:10 PM
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Ep171
- Fed Cuts Rates: First move of 2025 drops benchmark to 4%–4.25%. Powell defends timing amid split vote and tariff concerns.
- Jobs Revised Down: BLS slashes job growth by 911K. August adds just 22K. Signals a cooling economy and fuels Fed dovishness.
- Stablecoin Speculation: Putin adviser claims U.S. is using stablecoins and gold to reset its $37T debt. Russia counters with ruble-backed A7A5.
- Bitcoin Core vs. Knots: Core pushes OP_RETURN expansion. Knots warns of spam and mission drift. Adam Back defends P2P architecture. Node rebellion grows.