“When these people have any business transactions with one another, they take a piece of stick, round or square, and split it, each taking half. And on either half they cut two or three notches. And when the account is settled the debtor receives back the other half of the stick from the creditor.”

-The Travels of Marco Polo, Concerning the Province of Zardandan.

How much longer will we, the people of the United States of America, tolerate the abusive inflation that we must pay to fund both sides in foreign wars and our own invasion? When is the last time that the government asked our permission to go to war via our representatives in Congress? Did anyone even know that we have been bombing Somalia for years?

How many more undeclared, foreign wars will Americans tolerate until the abusive cost, inflation, becomes too great to tolerate?

Tether may survive as gold backed money, but cryptos are fundamentally digital-paper money for Wildcat banks.

No man can serve two masters.

The Epstein Bill vote passed the House 427-1. The list of powerful people will not stay censured. The House also voted to censure Stacey Plaskett, delegate from the US Virgin Islands.

White Flight is a term that describes white people leaving cities for the suburbs, particularly in response to higher taxes and crime often associated with black and brown people moving into the cities.

“My message is, ‘I can see in my mind’s eye, those rows and rows of white stones- all the hundreds of my friends and everybody else that gave their lives- for what? The country today? No, I’m sorry. The sacrifice wasn’t worth the result that it is now.’”

20 cops- including 2 Mississippi sheriffs- were arrested for running drugs in the Delta.

Schneider: I just wanted you to elaborate a little bit on what you said a moment ago about a continued shutdown making it more difficult to make a move in December and that may make you more cautious. To the degree that you are relying on private data that isn’t the gold standard, or that you’re relying on your own surveys of the beige book, do you worry at some point you’re going to have to start making policy by anecdote?

Economic hardship. Crossdressing. Nothing is new under the sun.

Scott Bessent: Look, I just reread Bob Woodward’s book on Alan Greenspan called Maestro. Why was Alan Greenspan the Maestro? Because he had an open mind. Because the 90s- I just mentioned- I think that the most analogous period to what we’re seeing now is the 90’s. It would have been very easy for Alan Greenspan to kill the internet boom. Not be open to the idea that there is a productivity boom and slam on the break.

Powell: I’m not going to comment on any particular asset price- including that one. We think of inflation as driven by fundamental supply and demand factors. It’s not something we look at actively.

The spot price of silver broke through its 1980 and 2011 all time high of $50 per ounce.

Regarding the government shutdown, the Continuing Resolution that Republicans wanted to pass but Democrats didn’t support is literally the last bill that Biden signed into law. Trump’s signature is essentially just Biden’s autopen.

The end game is when investors demand higher interest rates to account for the dollar being worth less as the Fed prints money to both juice the economy with low-interest rate loans and to finance the government.

As became commonly known a few days ago on twitter, a female Ukranian refugee, Iryna Zarutska, was murdered by a black American with 14 prior arrests on August 22, and Charlie Kirk was assassinated today, September 10, 2025. The Left hates the West.

“Put simply: they have a $35 trillion currency debt, they’ll move it into the crypto cloud, devalue it—and start from scratch. That’s the reality for those who are so enthusiastic about crypto.” 1st Class State Advisor to Russian President Putin, Doctor Anton Kobyakov, speaking at the Eastern Economic Forum in Vladivostok, Russia, September 6, 2025.

US Treasury Secretary Scott Bessent said that “stablecoins” in the GENIUS Act would be backed by Treasuries. Basically, instead of using US dollars, people could use credit for US dollars backed by US Treasury bonds… called stablecoins.

“Rising debt levels are likely to push up interest rates on U.S. government debt.”

-The Authors

“The views expressed are those of the authors and should not be attributed to the Federal Reserve Bank of Dallas or the Federal Reserve System.”

-Federal Reserve Bank of Dallas, Texas.