“There is nothing in this world — which will so — violently distort a man’s judgment more, than the sight of his neighbor getting rich.”
JP Morgan, after the panic of 1907.
Listening to yesterday and today's commentary on the Federal Reserve meeting, I suspect that quite a few observers are attempting to decode yesterday’s remarks by Chair Warsh using the old (Powell era) playbook.
In doing so, they risk underestimating the new Chair’s emphasis on institutional reform while prematurely extrapolating signals regarding monetary policy.
I suspect that it may take another one or two FOMC meetings to convince them that this is a fundamentally different Federal Reserve, one that requires an updated analytical lens.
#economy #federalreserve #markets
@the_defi_dad@NoLimitGains And it’s like… so totally important
Meanwhile Musk set’s the important at 1.29%
Facts > retarted low intelligent narratives
Why does xAI rent out their compute power if capacity on earth is so contrasted we have to move to space
Same dribble from alt coin degenerates
@JasonCoombsCEO@ErikVoorhees@tyler@bourscheid Wait… so if we can “print” money (value - prosperity) then why don’t we just print the money and make everyone wealthy
How can we afford anything when the 3rd largest liability is interest, and ReFi is coming
National Security from who
SPCX TAM = 1.29% rockets
AI chat bots
@synapticfail@DanielTNiles You forgot the Space X flux capacitor bub…
Those “words” aka TAM for the low information investor like yourself illustrate the space part of SpaceX is 1.29%
He brings data from SpaceX S-1 and you bring moon FedEx and Ben Affleck in Armageddon mining helium on asteroids. STMFU
I'm finally reading Dune. This quote, which is in the first few pages, hits hard:
"Once men turned their thinking over to machines in the hope that this would set them free. But that only permitted other men with machines to enslave them."