Pharmacy Benefit Managers — PBMs — sit between your insurer, your pharmacy, and your drug manufacturer, and they've spent decades perfecting the art of being invisible while extracting billions from every transaction. This week, we follow the money through one of the most deliberately opaque pricing systems in the American economy, and explain why bipartisan outrage in Congress keeps producing almost nothing. If last week's grid episode showed you how critical infrastructure gets governed in the shadows, this one shows you what happens when a shadow industry has even better lobbyists.