Every week there's a version of a story that looks fine on the surface and isn't. This week, almost every story we covered had that shape — a flat line concealing a direction, a stable number averaging away something painful, a dormant system that's actually running. The question underneath this episode isn't just "what's happening?" It's "what is that actually costing, and who is paying it?"

The week ahead carries real weight: May CPI drops Wednesday, PPI follows Thursday, and Kevin Warsh steps into his first Federal Open Market Committee meeting with a possible decision to eliminate the forward-guidance tool bond markets have relied on for a decade. Plus a geopolitical deadline that's been quietly embedded in every energy and inflation print this year.

The Greater Debate this week is Morgan Housel against Michael Saylor — not about index funds versus Bitcoin, but about what wealth is actually for. Let's Invent Again visits the engineer who freed every story from the obligation to stay in sequence.

Chapters:

Wealth and Means — advice dressed up like hard work.

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Disclaimer: When we mention or portray celebrities or public figures in fictional debates or scenarios, it's exactly that — fiction. They didn't approve it, they didn't review it, and they're not endorsing anything here.

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