QT is effectively over. QE is coming.
@jameslavish published an excellent article today explaining why: bank reserves have dropped below the Fed’s “ample” level, the reverse repo facility is nearly drained, and funding market stress is showing up in real time.
As he puts it:
“When central banks fire up the money printer, there’s only one rational response: own assets they can’t print.
That means gold and Bitcoin.”
It’s a must-read from James, who also serves on Strive’s board.
We are proud to announce the full, 100% elimination of seed oils from Steak n Shake's fries. Fries with even a trace of seed oil will no longer be served at our restaurants.
Steak n Shake continues to work with its suppliers every day to improve food quality.
🇺🇸MAHA🇺🇸
@birdfIip There is no IQ test more accurate than bitcoin. Intelligence is not about solving tricky problems; it's about being able to recognize reality accurately to act in your own interest. Bitcoin is in your interest & if you're not into bitcoin in 2025 you're a moron.
IMMIGRATION: Amazon has nearly 5,500 H-1B job openings with a median salary of $153,700.
Millions of Americans are struggling to find employment, yet the largest companies in the US specifically hire foreigners for these positions.