Anyway enough of the history Let's get into the meat of this First of all the markets are rattled because the PPI is high Purchasing price index unlike the CPI but the PPI stuff And again as I've said a thousand times the Fed does not control inflation It's only a matter of time before they have to cook the books to be able to pretend that inflation is at this magical two percent which they do not control The only thing the Fed can do is destroy demand and break things They can't control what happens in the Red Sea or what happens to prices or what OPEC do with oil etc So I wish the Fed would cop on to that but they're obviously not going to And this is the piece that rattles the market is now people are hoping for a rate cut back in let me see May That's all been pushed forward to June and now it looks like the May meeting which is in two months will be constant But it doesn't matter if it's twenty five base points down or whatever It doesn't matter The government is spending nearly seventy percent of their revenue on interest on debt and they're issuing a hundred trillion no a trillion dollars of debt every hundred days It's just nonsense The whole thing is nonsense That's why we Bitcoin ladies and gentlemen

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