The Railway Hallucination - Podcast Edition
Benny & The Squirrel Ep. 70 - Unmissable Sunday Show UK Edition
Episode 70 was recorded at 8pm EST on Saturday 18th July, 2026. I laid out a decent amount of how the current LLM Transformer capex boom is just simply nonsense outside of the inner “Cantillion” circle that wants it to keep expanding the same way John Law wanted it to expandere ad infinitum.
Enjoy!
Keep reading with a 7-day free trial
Subscribe to Capital Misallocation to keep reading this post and get 7 days of free access to the full post archives.