Every CPI or PCE number - trimmed, core, supercore, sticky, whatever - from the BLS and the Fed is pure propaganda, designed to understate the real-world cost of living, to make our Central Planners look less disastrous.
Nice comments here from @QTRResearch
https://t.co/qYGHNoC9ia
If your foreign genius truly is a genius.
Pay the $1,000,000 entry price for them.
Surely they are smart enough to make way wayyy wayyyy more than that.
No more work visas. You’re either worth $1m or you’re worth $80k.
Which is it big dogs?
I am proud and thankful to have served in the U.S. House of Representatives with my friend Thomas Massie, a giant among weak pathetic men.
Releasing the Epstein files was our demise.
But it was worth every single bit because now everyone knows the truth.
You are ruled by the Epstein class that cares nothing about you and your elected leaders are bought and controlled by a foreign lobby.
Tonight the future of the Republican Party was destroyed.
The Real America First Movement will rise led by the younger generations, who hate the old guard with an unquenchable passion.
Let us pray that we have a country left by the time these creatures are gone.
Good. Let's get ken 100% automated and then he won't be "creating high paying jobs" and he'll be generating absolutely zero value for society. There will be no excuse not to regulate his business into dust
Ken Griffin went home on a Friday "fairly depressed" after watching AI agents at Citadel do work that used to take teams of PhDs in finance months to complete. Done in days.
His words: "These are not mid-tier white collar jobs. These are extraordinarily high skilled jobs being automated by agentic AI."
This is the head of one of the most successful hedge funds in history saying the people he pays seven figures to analyze markets and structure deals are being replaced by software that works in hours instead of months. Not theoretically. In his own office. Right now.
The Coatue deck we covered earlier this week called agents "the biggest unlock" in AI. Griffin just confirmed it from the buy side. The shift from copilots to agents is not a future event. It is already happening at the highest levels of finance.
The Democratic elite has worked hard to make sure the party never reckons with - or talks about - the ramifications of Obama handing out get-out-of-jail-free cards to Wall Street. A reckoning is necessary. Kudos to @ChrisRabb for having the courage to say this.