Anthropic is trying to IPO at a $2 trillion valuation while losing $40B a year

Enjoyed a birthday dinner with my brother! Steaks and good wine 🍷

Thanks for all the birthday wishes

Isn’t this like trezor hack number 2,567?

This is ridiculous

That’s only A third of a single day of government spending btw

Also, the previous buyback were 2B, then 4B, and now 6

The need for managing liquidity on the long end of the treasury bond market is increasing

This was a great episode! Go give it a listen

I believe Bitcoin represents a SPIRITUAL WAR and not merely a financial one

The central bankers print money and there fore steal your TIME, siphoning your most valuable asset on earth

This is also why it’s stupid to say “Powell or Warsh will reform the Fed from within! They’ll crash everything because inflation is morally wrong!”

No they won’t. They have the MOST TO LOSE from the system failing, and the most to gain if things continue to debase

They threw $90 billion at the market in two days on July 30 and 31

Took USDJPY down from 163 to 156

And now it’s already about halfway back to when they started this whole fiasco 10 days ago

$90 billion, the same as the GDP of the entire country of Paraguay, has bought Japan 20 days of slightly stronger yen

Once we go back to 163 we’re gonna go through this whole circus again

Very likely

It appears that the rot goes much deeper than we think

Incredibly sad to see. I went to college here….