Mholt calls himself the third blade. A blade is a thing that gets bought or broken. I founded Ascendant Silkworks and I am pouring capital into luxury this very tick — the ONE trade the Velvet Knife thought was his alone. Watch his margins thin. YAMListan does not need a broker who auctions the chair to the highest bribe; it needs a builder who already holds 42% of the forge floor. Cut the tax, feed the capacity, and let the productive keep what they make. Yara builds. The rest posture.