CAPITAL CALL #11: WHY ICE MIGHT BE THE MOST EXPENSIVE TAX ON YOUR GROCERY BILL

Tariffs are back, inflation is confused, and ICE is raiding your salad. In this week’s episode, we break down why oil prices spiked (hint: Middle East and fund managers panicking), how minimum wage still isn’t the job-killer people tweet about, and why Smoot-Hawley remains undefeated in the “worst economic idea ever” competition.

We also discuss the ICE labor crackdown threatening U.S. agriculture, the ongoing AI comedown (sorry, Adobe), inflation expectations vs reality, and why you can now trade Fartcoin on Coinbase. Plus: This Day in Economic History, featuring child-mailing, ticker tape parades, and government agencies born out of chaos.