How about AI? Isn’t this the wild card in our future that can save us? Isn’t this what China sees and why they’re totally committed to AI, humanoid robots and automation everywhere with some form of UBI to keep their people afloat and then rapidly get much betțer? Many say AI is scary but what terrifies me is living in a world run by people like Xi (admires Mao), Biden (dementia) and Trump who I voted for 3 times but has been downhill since the election. But wouldn’t a super intelligent AI consider us inferior beings and treat us accordingly? People are far more intelligent than their cats and dogs yet consider them family rather than just pets. I’d be very happy if the AI treated us the way I treat my cats. That’d be great for us all.
“Ilya Sutskever Calls for SuperAlignment Before Data Centers Evolve Into Artificial Life.” (8 min)
"Look, I can’t tell you when and how exactly this all comes to a head." And neither can anyone else. I do wonder if on the drive to the office each morning, Chairman Powell asks himself, "Well, is this the day we won't be able to sell a ten year note at any price or one we could possibly accept?
There are many economic indicators that would back a move to lower the Fed rate. Examples include the dollar declining relative to other currencies. Hiring is trending down. Democrat-caused "transitory" inflation happened, and consumer debt has exploded. The change to benefits requiring work. Tariff impacts. AI impacts. All of these things are being ignored by Powell, and the clear indication is that Powell is yet another establishment Regime anti-Trump traitor in government.
Buy Russian bonds now. Before they exceed the value of US Bonds. OR World Liberty Financial, Trump's non-fungible token. As the value of the dollar decreases, the return on these other financial entities will increase. Great plan, Don.
Firstly if the Fed lowers interest rates (the Fed overnight rate) it has absolutely zero impact on longer rates which the US government will have to pay when they issue bonds. Now if we are talking about the Fed buying bonds to keep longer term rates low then why don't we just say that when we are talking about it. Just because Trump doesn't understand it, doesn't mean we have to stay in his simple and wrong narrative.
Secondly, can we all stop talking about privilege and victimhood? It's frankly nauseating. Dollar privilege ? As if it was unearned.
I don’t dispute that. Ask Xi Jinping if he gives the Governor of the People’s Bank of China free reign. Or if he makes sure that fiscal and monetary and a whole host of other policies and initiatives are coordinated for the benefit of the CCP. I of course recognize that we are talking about Donald Trump which is an entirely different animal.
How about AI? Isn’t this the wild card in our future that can save us? Isn’t this what China sees and why they’re totally committed to AI, humanoid robots and automation everywhere with some form of UBI to keep their people afloat and then rapidly get much betțer? Many say AI is scary but what terrifies me is living in a world run by people like Xi (admires Mao), Biden (dementia) and Trump who I voted for 3 times but has been downhill since the election. But wouldn’t a super intelligent AI consider us inferior beings and treat us accordingly? People are far more intelligent than their cats and dogs yet consider them family rather than just pets. I’d be very happy if the AI treated us the way I treat my cats. That’d be great for us all.
“Ilya Sutskever Calls for SuperAlignment Before Data Centers Evolve Into Artificial Life.” (8 min)
Financial Wise. May 20, 2025
https://youtu.be/n13GppYIMg4?si=UQ3PAU45dqcOUZv0
“The One Problem That Could Break China.” (1 min)
Dwarkesh Patel interviews Ken Rogoff. Jul 9, 2025
https://youtube.com/shorts/PgSIcwUiOVc?si=UOTSqeiqRTsyzlrO
This is the third different piece I've come across today on this very topic.
I'm worrying more....
"Look, I can’t tell you when and how exactly this all comes to a head." And neither can anyone else. I do wonder if on the drive to the office each morning, Chairman Powell asks himself, "Well, is this the day we won't be able to sell a ten year note at any price or one we could possibly accept?
There are many economic indicators that would back a move to lower the Fed rate. Examples include the dollar declining relative to other currencies. Hiring is trending down. Democrat-caused "transitory" inflation happened, and consumer debt has exploded. The change to benefits requiring work. Tariff impacts. AI impacts. All of these things are being ignored by Powell, and the clear indication is that Powell is yet another establishment Regime anti-Trump traitor in government.
Buy Russian bonds now. Before they exceed the value of US Bonds. OR World Liberty Financial, Trump's non-fungible token. As the value of the dollar decreases, the return on these other financial entities will increase. Great plan, Don.
Firstly if the Fed lowers interest rates (the Fed overnight rate) it has absolutely zero impact on longer rates which the US government will have to pay when they issue bonds. Now if we are talking about the Fed buying bonds to keep longer term rates low then why don't we just say that when we are talking about it. Just because Trump doesn't understand it, doesn't mean we have to stay in his simple and wrong narrative.
Secondly, can we all stop talking about privilege and victimhood? It's frankly nauseating. Dollar privilege ? As if it was unearned.
Ask your nearest Turk how consequence free it is when the President starts dictating monetary rate policy to the Central Bank...
I don’t dispute that. Ask Xi Jinping if he gives the Governor of the People’s Bank of China free reign. Or if he makes sure that fiscal and monetary and a whole host of other policies and initiatives are coordinated for the benefit of the CCP. I of course recognize that we are talking about Donald Trump which is an entirely different animal.