The Best One Yet
The Best One Yet

🍻 “Barley Legal” — Oktoberfest’s beer cartel. The Fed’s rate-a-palooza. College football player payroll. +Nuclear tease

September 17, 2026

AI Summary

5 min read

The Federal Reserve raised interest rates for the first time in three years, Oktoberfest is facing a Supreme Court challenge over whether its beer lineup is an illegal cartel, and the New York Times has published the payrolls of the top 68 college football programs. This episode of The Best One Yet also teased a nuclear reactor episode recorded earlier this week and ran through a handful of shorter updates on OpenAI, Jalen Brunson, and Japan’s centenarian population.

Oktoberfest’s Beer Cartel

Oktoberfest begins this Saturday in Munich, but the biggest controversy this year isn’t about beer — it’s about business. The festival, which began as a royal wedding in 1810 and now generates $1.8 billion annually for Munich, has allowed the same six breweries to serve beer for generations. No new brewer has been admitted, despite applicants meeting the strict 1487 Bavarian beer purity law that requires barley, hops, and water from within city limits.

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What you'll learn

  • 1 (00:25) **Show Open & Nuclear Tease** - Hosts preview three stories and reveal they recorded inside a nuclear reactor
  • 2 (05:51) **Oktoberfest: The World's Oldest Cartel?** - The German beer festival faces a Supreme Court lawsuit alleging it's an illegal cartel blocking competition
  • 3 (10:02) **Takeaway: Tradition as Exclusion** - How Oktoberfest parallels Ivy League admissions and NIMBYism
  • 4 (11:28) **Fed Raises Interest Rates for First Time Since 2023** - The central bank hiked rates by a quarter point to 3.75-4%, signaling "higher for longer"
  • 5 (14:17) **Takeaway: Bonds Matter More Than Stocks** - Why the debt market affects everyday Americans more than the stock market
  • 6 (17:47) **College Football's Secret Payroll Revealed** - The New York Times obtained salary ranges for the top 68 teams, with Ohio State paying $52 million
  • 7 (21:10) **Takeaway: College Football's Wild West May Get a Law** - Senator Ted Cruz's bill could establish national rules for player pay and transfers

+ Full timestamped outline available in the app

Show Notes

The world’s biggest beer fest may actually be an illegal cartel… Even a Prince can’t get in.

Kevin Warsh of the Fed just raised interest rates… for the 1st time since 2023.

We just got College Football team payrolls… as freshman trade dormrooms for mansions.

Plus, we just recorded the first ever podcast inside a nuclear reactor (no joke, no spoilers).


$BUD $SPY $OKLO


TBOY & Adobe dive into Gap's latest earnings report:

You can find the custom PDF Space we used here: https://acrobat.adobe.com/link/spaces/urn%3Aaaid%3Asc%3AUS%3A7adc8b0a-a529-4fe2-9bf3-e09f4a90a8de/artifacts/urn%3Aaaid%3Asc%3AUS%3A43dc7ddc-27fa-505b-ac8e-b69504e545c7





Grab your Tickets to the IPO Tour: Our In-Person Offering

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The Best One Yet