With the stock market roiling and Bitcoin holding strong, but then turning over somewhat, there's some fear around tariffs and how they work. But is this part of a larger plan? Will it work? What are the motivations of Trump and who is guiding his moves?

Let's talk about Scott Bessent and Howard Lutnick.

Notes from the show:

• $MSTY option MSTR income ETF from Yieldmax
• Gamestop $GME letter from Strive
• GameStop Announces Proposed Private Offering of $1.3 Billion of Convertible Senior Notes
• Larry Fink Annual Letter
• Jesse Randall post explaining tariffs and the larger plan
• Andrei Jikh's take 1
• Andrei Jikh's take 2
• Scott Bessent interview on All In Podcast
• Howard Lutnick interview on All In Podcast

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