We Act in a World of Uncertainty, Not Probabilities

President Donald Trump announced the US and Iran may resume talks in Pakistan in the next two days. Islamabad is attempting to broker an agreement between Washington and Tehran to end the war in the Middle East.  On Tuesday, Trump told The New York Post that talks with Iran “could be happening over next two […]

Japan Breaks The 'Debt Causes Inflation' Narrative Authored by Michael Lebowitz via RealInvestmentAdvice.com, A dollar today buys nearly twice as many Japanese yen as it did fifteen years ago. Crude oil, in yen terms, is up roughly 70% year to date. Food prices are similarly elevated. Japan imports most of the energy and much of the food it consumes, paying for it in dollars that keep getting more expensive. Those facts alone should lead us to conclude Japan has an inflation problem. As if those factors weren't enough, add their debt overhang,...

US Lawmakers Renew Strategic Bitcoin Reserve Push With ARMA Bill Authored by Brayden Lindrea via CoinTelegraph.com, US lawmakers have renewed efforts to codify a US strategic Bitcoin reserve with a new bipartisan bill on Thursday that seeks to acquire around 1 million Bitcoin over five years.  The American Reserve Modernization Act of 2026 would establish a Strategic Bitcoin (BTC) Reserve and Digital Asset Stockpile for other federally held cryptocurrencies, which would be held by the US Treasury Department, said the bill’s sponsor, Representative Nick Begich. ARMA, sponsored by 16 members of Congress, builds on the...