Welcome back to The Breakdown with me, NLW.

It's a daily podcast on macro, Bitcoin, and the big picture power shifts remaking our world.

The breakdown is sponsored by nexo.io, circle, and FtX, and produced and distributed by CoinDesk.

What's going on, guys? It is Wednesday, November 9th, and today we are talking U.S.

elections and inflation print previews.

Before we get into that, however, if you are enjoying the breakdown, please go subscribe to it,

give it a rating, give it a review, or if you want to dive deeper into the conversation,

come join us in the Breakers Discord. You can find a link in the show notes or go to bit.ly slash breakdown pod. Also, a disclosure, as always, in addition to being sponsored by them, I also work with

FTX, or Binance, or, well, I'm really not sure. So let's start there. And first of all, what a couple of fucking

tays. It has been headspinning like nothing I've experienced in the five years I've been in

crypto, and I think, frankly, it's already in the pantheon of headspinning moments in business

in general. I am unfortunately not in a position to talk in depth about it at the moment.

The situation is still rapidly

developing from everything that anyone on the outside can tell, so part of this is just not

wanting to add rumors on top of what is already chaos. On top of that, of course, I am more

personally wrapped up in whatever the heck happens next than most, and in those in-between

moments as deeply frustrating as it might be, especially to a professional podcaster,

saying less tends to be better than saying more. So what are we talking about today then? Well,

we're talking about what would have been the biggest news in any other moment, which is, of course,

the U.S. midterm elections. This election was fairly significant, with both control of Congress

and the Senate up for grabs.

Polling data from Kinnapia University showed that going into the polling, Democrats had

...