Someone once asked Milton Friedman what really causes inflation. He didn't blame any of the usual targets.
Not shoppers. Not factories. Not labor unions, other countries, or oil prices.
He pointed at just one thing:
Friedman said inflation happens in one place because o
Big news: NBC reports the Pentagon waited until after the stock market closed at 4 p.m. Friday to announce U.S. strikes on Iran, apparently to soften the blow on financial markets. ๐๐ฅ
Just got back from the Mizuho Tech Conference where we heard from Sandisk. The memory story is picking up speed.
Management is eyeing mid to high teens bit growth for this year and next. Data center is already the biggest and fastest-growing NAND market out thereโnot a guess
Big news ๐จ: Eggs
Egg prices just dropped 98% from the record high in March 2025, and now they're the cheapest they've been in 10+ years ๐ฅ๐๐ฅณ