The consumer price index rose five point four % from september to september. The inflation waslike seven %, i think on average in the seventies. We have a structural issue in our labor force that's not going to be solved by zero interest rates and quantitative easing. A huge amount of dry powder thats just sitting there, waiting to be utilized at some point. Another demand factorbe, we just raised benefits for social security retiries as well as military, about 75 million by five point nine%.
First, Jason reacts to CNBC's Paul Tudor Jones interview, where PTJ warned about inflation and called Bitcoin (and crypto) a better hedge than gold (2:10). Then, Jason covers the new Bitcoin ETF and Hindenburg putting a bounty out for information on Tether (21:34). We wrap with episode three of the Startup Checklist, where Jason covers "Finding and Delighting Customers" in points 21-30 (34:41).