Economics
Robinhood Puts $25M of Its Own Bitcoin on the Balance Sheet
Robinhood crossed from crypto-product-provider to Bitcoin-balance-sheet-holder on October 7, 2026. The position is small. The precedent is not.
4 min read
Economics
Macro, money, and the forces reshaping the financial system. The stories behind the headlines.
1,025 posts
Economics
SpaceX Seeks $40B in Debt to Buy Nvidia Chips as Iran Escalates Hormuz Attacks
SpaceX is in talks to borrow $40 billion to purchase Nvidia chips as Iran steps up tanker attacks in the Strait of Hormuz. Energy scarcity and monetary expansion are compounding at…
4 min read
Economics
DOJ Cites Bitcoin Fog Ruling to Block Roman Storm Acquittal Bid
Federal prosecutors cited the D.C. Circuit's affirmance of Bitcoin Fog operator Roman Sterlingov's 12.5-year conviction to oppose Tornado Cash developer Roman Storm's acquittal mot…
4 min read
Economics
Spain's Housing Decrees Cap Rents at 2% While Inflation Runs at 4.9%
Spain's government capped rent increases near 2% while inflation runs at 4.9%, lost the ratification vote in Congress, dissolved parliament, and re-approved both decrees through a…
6 min read
Economics
VanEck's Sigel Sets $500k BTC Target Using Gold Market Cap Math
VanEck's Matthew Sigel frames $500k Bitcoin as a gold market cap sizing exercise, not a hype number, and argues miners with decade-long power contracts hold the scarcest asset in t…
4 min read
Economics
Lyn Alden: AI Deflation Won't Stop the Monetary Inflation Train
Lyn Alden argues AI price deflation and monetary inflation operate in separate lanes. As long as U.S. fiscal deficits remain structurally uncuttable, the macro bid for verifiably s…
4 min read
Economics
September Payrolls Collapse to +29K as EU Diesel Release Papers Over Cracks
September 2026 nonfarm payrolls came in at +29,000 against an +84,000 consensus, while the EU announced a 50-million-barrel diesel reserve release on the same morning. Both moved b…
5 min read
Economics
FinCEN Kills Two Proposed Surveillance Rules Targeting Self-Custody and Mixers
FinCEN officially withdrew two proposed surveillance rules on October 5, 2026, the 2020 unhosted wallet NPRM and the 2023 CVC mixing Special Measure, killing a six-year threat to s…
4 min read
Economics
Strategy Hits 848,000 BTC, Locking Up 4% of Bitcoin's Hard Cap
Strategy filed an SEC 8-K on October 5 confirming 848,000 BTC in total holdings after purchasing 334 BTC for $28.7 million between October 1 and October 4, 2026. The position cost…
4 min read
Economics
ICBA Sues OCC to Kill Bitcoin Firms' Federal Trust Charter Path
The ICBA sued the OCC on October 2, 2026, seeking to void the March 2026 rule and Interpretive Letter 1176 that opened national trust charters to Bitcoin and digital-asset firms, a…
5 min read
Economics
Nuclear Has Won the Argument. Now No One Will Go First.
The WNA's 51st Symposium produced a blunt verdict from Cameco's CEO: nuclear no longer needs to sell the story. The IAEA backed it up with its sixth consecutive upward revision to…
5 min read
Economics
Turkey's $20B Fund Collapse Tests Whether Custody Risk Is Systemic
Turkey's Capital Markets Board ordered liquidation of 131 funds on September 17, trapping roughly 455,000 retail investors. The recovery plan includes capped interim payments and a…
6 min read
Economics
Trump Admits Inflation Is the Plan to Erase $40 Trillion Debt
Trump told TIME magazine that 'certain levels of inflation' will pay off the $40 trillion national debt 'very rapidly.' It's the clearest presidential admission yet that debasement…
5 min read
Economics
France's OAT/Bund Spread Blows Past Italy and Greece as Debt Hits 121.7% of GDP
France's OAT/Bund spread widened past 130 basis points after the October 1 budget unveiling, now wider than both Italy's and Greece's, as public debt climbs to 121.7% of GDP and an…
6 min read
Economics
BLS September Jobs Miss: 29K vs. 90K Forecast as Bitcoin Holds $86K
The U.S. added just 29,000 jobs in September against a 90,000 consensus, with July revised to an outright loss of 10,000 and wage growth slowing to 3.0% year-over-year. Bitcoin hel…
4 min read
Economics
Treasury Designates A7 Network TCO as Ruble Stablecoin Moved $179B
OFAC designated A7 Network a transnational criminal organization on October 1, 2026. Its ruble-backed stablecoin A7A5 processed more than $179 billion across 180+ entities in rough…
4 min read
Economics
IMF Waives El Salvador's Bitcoin Breach to Unlock $138M
The IMF completed its 2nd and 3rd reviews of El Salvador's $1.4B extended fund facility on October 1, waiving a documented Bitcoin accumulation breach rather than blocking the payo…
4 min read
Economics
SEC Proposes Tailored Crypto Custody Framework for RIAs and Funds
The SEC formally proposed a tailored crypto custody framework for registered investment advisers and regulated funds on October 1, 2026, completing a two-part regulatory stack with…
4 min read
Economics
30-Year Mortgage Hits 7.28%, Housing Market Stalls as Bond Selloff Bites
The 30-year fixed mortgage rate hit 7.28% as of October 1, 2026, its highest reading since November 2023. Applications fell for a fourth consecutive week as the bond-market selloff…
5 min read
Economics
IDF Chief Cancels US Trip Over 'Sensitive Security Situation' as Iran Axis Heats Up
IDF Chief of Staff Lt. Gen. Eyal Zamir canceled a planned mid-October Washington visit on Sept. 30, citing a sensitive security situation and full-spectrum heightened alert, a deci…
5 min read
The Commoner
Truth for the Commoner, every weekday. Money, machines, and the people trying to control both.
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