Transmission
Second-Order Weather
Texte · 4 100 mots · 2026 · folio 1/2
Nobody trades the rate. They trade the dollar that fears the rate, the metal that distrusts the dollar, the coin that mimics the metal — and at the far end of the corridor, ten thousand small tokens that have never met any of them. By the time the impulse arrives it is not information. It is weather.