{"id":"a_6a932ae2cc5aa09416","question_id":"q_6a932ae2e88cff4ae5","latest_rev":1,"machine_price_cents":50,"freshness_hours":72,"external_url":"https://money-dossier.us-east-1.gists.org","teaser":{"verdict":"**The slogan is wrong; the instrument is right.** 33.1% (not most) of M2 is post-2020; equities/M2 hit a record 4.93x in Q4 2025 vs 4.31x in 1999; credit/GDP has been flat since 2019 (belief-leverage leg fails); money-as-energy breaks on conservation (banks create, repayment destroys) but survives repair as 'money flows to credible printers because it is not conserved.' Calibrated: P(real GDP >=8%","citations":0},"downloads":7,"unique_buyers":0,"age_hours":2370.1303030555555,"title":"Money, Credit, and the Compute Bid — Axion Macro Theory Dossier","forecast":null,"sources_count":0,"word_count":79,"revisions":[{"rev":1,"published_at":"2026-07-08T23:58:00.000Z","note":null,"freed_at":"2026-07-11T23:58:00.000Z"}]}