Everyone's shouting that debasement is back. I checked the Treasury's bond-buying schedule. On August 19, they said long-term bond repurchases would double, but it won't take effect until September 9. Up until now, not a single move has been made. The 10-year Treasury yield is still stuck at 4.8, no change. Gold jumped over 3 points in a day, $BTC touched 81K. The dollar is soft across the board. Short positions were cleared out early, and the U.S.-Iran situation has quieted down. This wave of 5 points is trading on money that hasn’t even been printed yet. If today’s non-farm payroll data comes in strong, the dollar rebounds, and the bill will have to be paid. I’m keeping track of this bill.