I know that babies can't read. And yes, babies are not well known for their business acumen. But that's not the point. The point is that someone must read to the baby. That "someone" may be a mother, grandmother, or a neighbor, or whatever they identify as on that day.
Today there is NO NEED, indeed no good reason to target inflation at 2%.
It's actually happening even faster than we thought...And from watching the recent news clips regarding the rapid advancement of artificial intelligence (AI), it seems local news casters may be the next to be replaced by technologies like ChatGPT. Watch this hilarious clip to see what I'm talking about. Okay
Admit it...You want one!? I knew it was only a matter of time...I just underestimated how much...
It'll come back... slowly, but surely. Here's why. First and foremost, Bitcoin is not a bet on a "new" technology. It is an insurance policy against a failed one. The global monetary system has failed, not because it was a "bad" system but because the rules were changed - better
Rates matter--perhaps more than anything else in capital markets...
Why John Oliver (& the rest of the media) is Wrong on Inflation Inflation is a huge and dangerous problem; but not one he seems to understand. In his funny, but shockingly uninformed take on inflation; he lists greed, Biden, Putin, and supply chains as the culprit behind inflation. If you