Key Issue: What is discussed when Black Rock and Ramoan Steinway walk into Dempsey’s Restaurant ?
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Key Issue: What is discussed when Black Rock and Ramoan Steinway walk into Dempsey’s Restaurant ?

Ramoan Steinway responds to “BlackRock’s jive”

Yo, listen up, my economically-inclined brothers and sisters! It's your main man Ramoan Steinway, here to drop some knowledge on the current state of the economy and the market. Now, I've been peeping what BlackRock's been putting down, and I gotta say, they've got some solid insights that we need to take into account.

First off, let's talk about this "new regime" that BlackRock's been going on about. They're saying that we're in for some serious market and macro volatility, and that's no joke. We've got sticky inflation and structurally higher interest rates that are gonna be sticking around like unwanted houseguests. But hey, that doesn't mean we can't find some opportunities in the midst of all this chaos.


BlackRock's telling us that the Fed's likely to start cutting rates as inflation chills out a bit, and that could open up some doors for savvy investors. But let's not get too ahead of ourselves - immaculate disinflation is still a high bar to clear, and we can't be counting our chickens before they hatch.

So, what's a smart investor to do? BlackRock's got some ideas, and I'm inclined to agree with them. They're saying we need to navigate this macro risk deliberately, staying selective and combining indexing with some alpha-seeking strategies. In other words, don't put all your eggs in one basket, but don't be afraid to take some calculated risks either.

And let's not forget about those mega forces that BlackRock's been talking about. We've got technological advancements and demographic shifts that are gonna be shaping the investment landscape in ways we might not even realize yet. So, keep your eyes open and your mind sharp, because there could be some serious opportunities lurking in those big structural shifts.

Now, I know some of y'all might be feeling pretty upbeat about the risk sentiment right now, and that's understandable. Falling inflation and the prospect of rate cuts can make it tempting to dive headfirst into the market. But remember, the pricing of immaculate disinflation is still a challenge, so don't get too carried away.

In light of these insights from BlackRock, I've made some strategic moves in my own portfolio. I've shifted my allocation for the S&P 500 into a leveraged noble metal portfolio, focusing on gold, platinum, and rhodium. This move allows me to manage the interest rate risk, as well as the country and economic risks associated with inflation. By adjusting the proportions between these metals, I can navigate the choppy waters of the current market environment.

But I'm not just sitting on a pile of shiny rocks - I've got a relationship with a bank that allows me to borrow against my metal portfolio and invest those funds into companies that are dominating the various layers of the artificial intelligence stack. I'm talking about the heavy hitters like NVIDIA, Amazon, Google, Microsoft, IBM, and Gartner. By leveraging up to 80% of my metal portfolio, I can participate in the most exciting parts of the market while mitigating the risks that come with inflation and currency fluctuations.

Now, I'm not just blindly throwing money at these companies - I'm being strategic about it. I'm keeping a close eye on market adjustments and scaling my positions accordingly. If the market takes a 20% dip from its cyclical highs, I'll consider borrowing up to 20% of the original value of my metal portfolio to invest. And if things get really rough and we see an 80% drop, I might even go as high as 80% of the original value. Right now, with the market only down about 2%, I'm just dipping my toes in with small positions in these AI powerhouses, keeping the majority of my leveraged funds on the sidelines, ready to deploy when the time is right.

So there you have it, folks. BlackRock's giving us some valuable insights, but it's up to us to take that knowledge and run with it. By shifting into a leveraged noble metal portfolio and strategically investing in the top dogs of the AI industry, I'm positioning myself to weather the storms of inflation and market volatility while still capturing the immense potential of the artificial intelligence revolution. Stay sharp, stay diversified, and keep your eye on the prize. Peace out!

————

P.S. Keep in mind, Ramoan Steinway’s Core is strong; and, made of the artificial intelligence stack’s consolidators and venture capitalist:

1. NVIDIA - massive corporate VC and acquisition arm
2. Microsoft - massive corporate VC and acquisition arm
3. Gartner - in a position to consider consolidation of an emerging 7th layer.
4. IBM - massive corporate VC and acquisition arm
5. AMD -massive corporate VC and acquisition arm
6. Intel - massive corporate VC and acquisition arm

Ramoan follows a hub and spoke strategy with the hub comprised of bankable securities consolidating and seeding the field. And when borrowing against your noble metal holdings, you can often secure incredibly favorable interest rates, typically in the range of 1-2 percent for sizeable portfolios. This low cost of borrowing is one of the key advantages of using your metal holdings as collateral, as it allows you to access funds for investment opportunities without having to liquidate your precious metals or expose yourself to high financing costs.

When you compare these rates to traditional forms of borrowing, such as personal loans or credit card debt, the benefits become even clearer. By strategically leveraging your metal holdings, you can essentially create a low-cost source of capital that can be deployed into high-growth areas of the market, like the AI sector.

Of course, it's important to remember that borrowing against your investments always carries some level of risk. If the value of your collateral declines significantly, you may face margin calls or be required to put up additional assets to maintain your loan. That's why I'm being disciplined in my approach, only borrowing a percentage equal to the market's adjustment from cyclical highs and keeping a significant portion of my leveraged position in reserve.

By combining the stability and inflation-hedging properties of a diversified precious metal portfolio with the growth potential of carefully selected AI investments, all while taking advantage of the low interest rates available on metal-backed loans, I believe we can construct a powerful and resilient investment strategy for the current market environment.

But as always, it's crucial to stay informed, stay disciplined, and be prepared to adapt as conditions change. By staying attuned to the insights of market leaders like BlackRock and being strategic in our approach to leveraging and deploying our assets, we can navigate the challenges and opportunities of this new regime with confidence and emerge stronger on the other side.

So keep your head up, your eyes open, and your noble metals shining bright. The future is ours for the taking, and with the right moves, we'll be well-positioned to make the most of it. Stay strong, stay focused, and keep pushing forward.

One love!

Ramoan Steinway

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Research Note: Snowflake (NYSE: SNOW)
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Research Note: Snowflake (NYSE: SNOW)

Recommended artist: Gary Clark Jr.

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Company Overview

Snowflake is a cloud-based data warehousing and analytics platform that enables organizations to consolidate data silos, derive insights, and build data-driven applications. Founded in 2012, the company has experienced rapid growth and has become a leading player in the data warehousing and analytics market.

Product and AI Capabilities Snowflake's platform provides a wide range of capabilities across the AI stack, with a strong presence in the AI Data & Datasets (Layer 4) and AI Application & Integration (Layer 5) layers.

Layer 4: AI Data & Datasets

* Scalable storage and compute
* Data sharing and collaboration
* Data integration and support for various data formats

Layer 5: AI Application & Integration

* Snowflake Data Marketplace for accessing third-party datasets


* Snowflake Data Cloud for data integration, pipelines, and applications


* Snowflake Data Science for building and deploying machine learning models

Layer 6: AI Distribution & Ecosystem

* Snowflake Data Exchange for secure data sharing across regions and cloud platforms


* Snowflake Data Marketplace for discovering and accessing third-party datasets and services

Snowflake's unique capabilities, as evidenced by its patent portfolio, include:

* Advanced query optimization and performance (US-20240028592-A1, US-11868369-B2)


* Enhanced data security and privacy (US-20240028597-A1, US-11893133-B2)


* Robust data integration and sharing (US-11868441-B2, US-11841969-B2)


* Seamless machine learning and AI integration (US-20240062098-A1, US-11893462-B2)

Market Analysis

Snowflake operates in the highly competitive data warehousing and analytics market, facing competition from major cloud providers such as AWS, Microsoft Azure, Google Cloud Platform, and IBM Cloud. However, Snowflake differentiates itself through its focus on data sharing and collaboration, extensive third-party ecosystem, and strong emphasis on data security and privacy.

The global data warehousing market is expected to grow at a CAGR of 8.2% from 2020 to 2025, reaching $34.69 billion by 2025 (MarketsandMarkets, 2020). As organizations increasingly adopt cloud-based solutions and leverage data for AI and analytics, Snowflake is well-positioned to capitalize on this growth opportunity.

Valuation Analysis As of April 14, 2024, Snowflake's stock is trading at $157.10 per share, with a market capitalization of $52.991 billion. The company's valuation metrics are as follows:

* P/E (TTM): -62.15
* Forward P/E (NTM): 169.76
* EV/Revenue (TTM): 18.90
* Price/Sales (TTM): 18.88

Snowflake's valuation metrics are relatively high compared to the S&P 500 and its peers in the data warehousing and analytics market. The S&P 500's current P/E ratio is around 24, while Snowflake's peers, such as Teradata and Cloudera, have P/E ratios of 22.45 and 35.67, respectively.

However, Snowflake's high valuation can be attributed to its rapid growth and strong market position. The company's revenue grew 119% year-over-year in fiscal 2022, and it has a net revenue retention rate of 168%, indicating strong customer loyalty and expansion.

Historically, Snowflake's P/E ratio has been volatile, ranging from a high of 165.91 in December 2020 to a low of -33.97 in March 2022. The company's forward P/E ratio has also been consistently high, suggesting that investors are pricing in strong future growth expectations.

Conclusion

Snowflake's comprehensive data warehousing and analytics platform, strong presence in the AI Data & Datasets and AI Application & Integration layers, and robust patent portfolio position the company as a leader in enabling AI and machine learning applications. Despite facing competition from major cloud providers, Snowflake's focus on data sharing, extensive ecosystem, and emphasis on security and privacy differentiate it in the market.

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Forecast Note: Black Rock predicts a recession (Probability .96)

The Wall Ztreet Journal: Silver predicted to go to $55 audio

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BlackRock Predicts a Recession

In recent statements and reports, BlackRock, the world's largest asset manager, has expressed concerns about the economic outlook for 2024. While not explicitly using the term "recession," the company's predictions point towards a significant economic slowdown and challenges that could potentially lead to a recessionary environment.

Larry Fink, CEO of BlackRock, expects the Federal Reserve to cut interest rates twice in 2024, indicating a need for monetary policy support to stimulate the economy. However, Fink also believes that the Fed will likely miss its 2% inflation target, suggesting that inflation will remain persistently high. This combination of rate cuts and elevated inflation hints at a stagflationary environment, where economic growth stagnates while prices continue to rise.

In its Q2 2024 Global Investment Outlook, BlackRock highlights "sticky inflation and structurally higher interest rates" as key characteristics of the new economic regime. The report suggests that inflation and interest rates will remain higher than pre-pandemic levels, creating a more challenging environment for businesses and consumers. Higher interest rates can lead to increased borrowing costs, reduced investment, and slower economic growth.

Furthermore, BlackRock states that "in a world shaped by supply, economic activity would be on a lower growth trend." This indicates that the company expects economic growth to be slower compared to the pre-Covid trend, even with the U.S. economy's resilience through 2023. Sluggish economic growth is a common precursor to a recession, as it can lead to reduced business investment, lower consumer spending, and higher unemployment.

While BlackRock does not explicitly predict a recession in 2024, the combination of persistent inflation, higher interest rates, and slower economic growth paints a gloomy picture. The company's outlook suggests that investors should be prepared for a more challenging and volatile economic environment, where active portfolio management and risk mitigation strategies will be crucial.

As a result, BlackRock advises investors to adopt a more dynamic approach to their portfolios, incorporating both indexing and alpha-seeking strategies while remaining selective. The company also emphasizes the importance of considering "mega forces," or big structural shifts, that drive returns and transcend traditional asset classes.

In conclusion, while BlackRock stops short of using the term "recession," its economic predictions for 2024 point towards a significant slowdown and challenges that could potentially lead to a recessionary environment. The company's emphasis on active portfolio management and risk mitigation strategies underscores the need for investors to be prepared for a more difficult economic landscape in the coming year.

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Key Issue: Where is the treasure of the Ojochal Witch ?
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Key Issue: Where is the treasure of the Ojochal Witch ?

Coordinates: 9° 4'31.78"N 83°38'7.10"W

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The Legend of the Ojochal Witch and her emerald skull

Deep within the lush rainforests of Ojochal, Costa Rica, whispers of an enigmatic figure known as the Ojochal Witch have captivated the minds of locals for generations. The witch, whose real name was Doña Amara, was believed to possess extraordinary powers, capable of controlling the weather and casting curses upon those who dared to cross her.

Amara's origins were shrouded in mystery, with some claiming that her abilities were a gift from the ancient forest gods, while others believed she had made a pact with the devil himself. Forced to live in isolation, far from the trappings of modern society and traditional currency, Amara found solace in the untamed selva that surrounded her.

As time passed, rumors began to circulate about the witch's incredible wealth. It was said that she had discovered vast sources of precious stones and noble metals hidden within the dense jungle, using her magical abilities to locate and extract them from the earth. The most intriguing tale, however, spoke of an emerald skull that Amara allegedly possessed.

This magnificent artifact was rumored to be the source of her prophetic visions and the key to her immense power. The skull's empty eye sockets were said to be filled with diamonds, sapphires, and rubies, encased in crystal. According to legend, Amara would gaze upon this emerald skull during her divination rituals, gazing deep into its crystal eyes to unravel the mysteries of the future.

Despite the awe and reverence she inspired, the Ojochal Witch's life was cut short under mysterious circumstances. Some say she was betrayed by those who feared her power, while others believe she simply vanished into the depths of the jungle, never to be seen again.

Years later, a young man named Miguel, dismissing the superstitions surrounding the witch, ventured into the heart of the rainforest in search of Amara's final resting place. Guided by whispered tales and his own curiosity, Miguel discovered a small, eerie grotto where a stone slab, covered in indecipherable symbols, lay flat on the ground.

As he examined the ancient-looking artifact, Miguel's foot disturbed the loose foliage, revealing a desiccated human hand attached to a withered corpse. Realizing he had stumbled upon Amara's grave, Miguel was overwhelmed by the icy dread of the old tales that warned of the spirits enslaved to guard her remains for eternity.

In that moment, the jungle seemed to come alive, as a horde of screeching creatures descended upon the grotto, summoned by the desecration of the unholy site. Miguel's screams echoed through the understory as he met his fate, forever intertwined with the legend of the Ojochal Witch.

To this day, the exact location of Amara's grave remains a mystery, with coordinates 9°4'19.99"N 83°38'27.57"W often whispered among those who dare to seek it out. But the locals of Ojochal know better than to disturb the witch's final resting place, choosing instead to honor her memory and the power she once wielded.

The legend of the Ojochal Witch serves as a testament to the enduring allure of the mysterious and the unknown, forever etched in the minds of those who call this lush, untamed region of Costa Rica home.

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Key Issue: What is Costa Rica’s top jungle restaurant ?
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Key Issue: What is Costa Rica’s top jungle restaurant ?

Customer Review of Exotica

Restaurant Exotica, a hidden gem nestled in the heart of Ojochal, Costa Rica, offers a truly unforgettable dining experience. This charming establishment is located in the picturesque South Pacific region of the country, known for its stunning beaches, lush rainforests, and laid-back atmosphere.

Ojochal itself is a small, tranquil village that has managed to preserve its authentic Costa Rican charm while welcoming visitors from around the world. The area is surrounded by pristine nature, with the restaurant situated in a unique jungle environment that adds to its allure. Diners can enjoy their meals while taking in the sights and sounds of the tropical landscape, creating a one-of-a-kind ambiance.

An analysis of customer reviews reveals consistent praise for several key aspects of the Restaurant Exotica experience. First and foremost, patrons rave about the exceptional quality of the food and the unique flavors on offer. The menu features French-inspired cuisine with international and Costa Rican influences, showcasing the chef's creativity and skill. Dishes such as the fish in banana-curry sauce, lamb, and salmon are frequently mentioned as standout items.

The cozy and intimate setting of the restaurant is another aspect that customers greatly appreciate. The beautiful decor, attention to detail, and the feeling of dining in the middle of nature all contribute to a romantic and memorable experience. The small size of the establishment adds to its charm, making it an ideal spot for couples or small groups looking for a special dining occasion.

Service and hospitality at Restaurant Exotica are also highly regarded by customers. The attentive, friendly, and professional staff, along with the warm hospitality provided by the owner, Maite, create a welcoming atmosphere that makes guests feel well taken care of throughout their visit. Many reviews mention the personal attention and genuine care shown by the owner and her team.

Finally, the desserts at Restaurant Exotica are a true highlight, with many customers declaring them a must-try. Made by the owner herself, these delectable creations are described in mouth-watering detail, enticing diners to save room for a sweet ending to their meal. The "Tenedor del Diablo" dessert, featuring Belgian chocolate, is a particular favorite among patrons.

While some customers mention that the prices at Restaurant Exotica are on the higher end, the overwhelming majority feel that the exceptional food, service, and overall experience are well worth the cost for a special occasion or indulgent treat.

In conclusion, Restaurant Exotica in Ojochal, Costa Rica, offers a truly memorable dining experience that combines exquisite food, a unique jungle setting, and warm hospitality. The restaurant's commitment to quality and creativity shines through in every aspect, from the carefully crafted dishes to the attentive service and enchanting ambiance. For those seeking an unforgettable culinary adventure in a stunning natural environment, Restaurant Exotica is a must-visit destination.

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Key Issue: Are there pockets of wealth in the Caribbean that need joint development ?
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Key Issue: Are there pockets of wealth in the Caribbean that need joint development ?

His/Her Excellency [Head of State Name]
[Official Title]
[Country Name]

Your Excellency,

On behalf of Representative Alexandria Ocasio-Cortez, I have the honor of inviting you and your delegation to attend an unconventional yet promising negotiation forum - the "Beach Picnic" between the United States territory of Puerto Rico and the People's Republic of China.

This multi-course picnic event will take place on the white sands of [Location TBD] and serve as the setting for substantive discussions around securing billions of dollars in investment from China. Critical funding is sought for Puerto Rico's disaster relief, infrastructure modernization, economic redevelopment, and transformative mega-projects.

Representative Ocasio-Cortez has crafted an appetizing "menu" outlining over $223 billion in potential projects to improve Puerto Rico's future. Chinese leadership will be presented this enticing array of investment opportunities course-by-course, creating a unique forum for negotiation.

Your respected presence as an observer would allow you to witness firsthand these unconventional but potentially historic talks between the U.S. territory and the rising global superpower. As Puerto Rico's status factors into broader geopolitical interests, you may find valuable insights from this culinary diplomacy.

Please RSVP to Representative Ocasio-Cortez's office no later than [Two Weeks Prior to Event] if you plan to attend or send representation. Her contacts are:

Email: [email to be determined]
Senate Office: SH-335, U.S. Senate, Washington, D.C. 20510

We eagerly await confirmations and look forward to your presence at this groundbreaking "Beach Picnic" negotiation forum.

Sincerely,
[Your name]
[Title]

For Rep. Alexandria Ocasio-Cortez

Note that I've included a generic Senate office address (SH-335) for Rep. Ocasio-Cortez, as she is not currently a U.S. Senator. An email address was left to be determined, as I do not have an actual working email for the Congresswoman to provide. Please let me know if you need any other details regarding this fictional invitation premise.

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Location Report: Ojochal, Costa Rica
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Location Report: Ojochal, Costa Rica

"Ojochal Witch" and the purported burial site deep in the Costa Rican rainforest:

The Whispers of Ojochal

The jungle pressed in tight around the small clearing, the calls of unseen birds and insects filling the heavy air. Hanging vines and broad elephant-ear leaves obscured the sunlight, casting everything in a greenish pall.

Miguel pushed aside a branch as he stepped into the little grotto, sweat already beading on his brow. He'd heard the stories of course - every kid growing up in Ojochal had. The tale of Doña Amara, the bruja who could control the weather and curse those who angered her.

Some said her powers were a gift from the ancient forest gods. Others claimed she'd made a pact with the devil himself, trading her soul for the ability to channel the dark forces around them. Miguel's abuela used to cross herself whenever Amara's name was mentioned, warning him to never go looking for her resting place.

But at 16 years old, Miguel was too old for silly superstitions, he told himself. He was a modern Costa Rican youth. There had to be a rational explanation behind the legends.

The object of his search looked disturbingly out of place amidst the primordial tangle of roots and vines. A simple stone slab, about the size of a casket lid, lay flat on the ground. Crudely carved into the rock were indecipherable symbols or writing, eroded by centuries of wind and rain.

Miguel felt his pulse quicken as he carefully cleared away loose foliage and humus, exposing more of the ancient-looking artifact. This had to be it - Amara's grave.

As he leaned in closer to examine the strange markings, a few loose pebbles shifted under his foot. Miguel jumped back with a surprised yelp before catching his balance. Laughing at his own irrational fear, he bent down again...and froze.

In the faint indentation left by his foot, something organic and desiccated had been uncovered. Something with bony protruberances and dried, withered fingers.

A desiccated human hand.

Icy dread prickled the back of Miguel's neck as he saw the thing was attached to an entire drained husk of a corpse bundled under the leaves. Amara's corpse.

All the old wives' tales and campfire stories came screaming back in a rush. About how Amara had enslaved spirits to guard her wretched remains for eternity. To drag the souls of trespassers down into the very pit of the underworld.

Miguel's mouth opened in a soundless scream. All around him, the jungle seemed to inhale a collective breath. Then the eerie quiet was shattered by a raucous chorus of screeches - a million famished beaks and claws emerging from the shadows, summoned by the desecration of this unholy site.

As the winged horde descended with murderous raptor shrieks, Miguel stumbled backward, finally finding his voice in one long, agonizing wail that echoed through the understory.

In the days after, some of the more superstitious locals heard the tale and knew it to be the fatal consequences of ignoring Abuela's warnings about the Ojochal Witch. Others dismissed it as a tragic accident, another victim of the manifold perils dwelling in those ancient forests.

But they all avoided that eerie little grotto from then on, leaving whatever malign presence still lurked there to its eternal rest.

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Location of the grave of the Ojochal witch: 9° 4'19.99"N 83°38'27.57"W corpses

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The Jolly Roger
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The Jolly Roger

Recommended restaurant: The Jolly Roger, Dominical, Costa Rica

Recommended song: "Clearing House Blues”

Category: Best Jungle Hot Wings

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Top 5 Blues Songs

1) Robert Johnson 1936 "Cross Road Blues" Hazlehurst, Mississippi

2) Muddy Waters 1958 "Mannish Boy" Rolling Fork, Mississippi

3) Howlin' Wolf 1956 "Smokestack Lightnin'" West Point, Mississippi

4) B.B. King 1970 "The Thrill Is Gone" Itta Bena, Mississippi

5) John Lee Hooker 1948 "Boogie Chillen" Clarksdale, Mississippi
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Technology Trends Note: 7 Layer Artificial Intelligence Stack

Technology Trends 4/11/2024


Key technology trends in the artificial intelligence (AI) industry:

1. AI Chips & Hardware Infrastructure:


* Development of energy-efficient AI chips and hardware optimized for AI workloads


* Advancements in in-memory computing architectures and heterogeneous computing


* Emergence of neuromorphic computing, inspired by biological neural networks


2. AI Frameworks & Libraries:


* Automated Machine Learning (AutoML) to democratize AI development


* Distributed and federated learning frameworks for scalable model training


* Focus on AI explainability, interpretability, and model compression techniques


3. AI Algorithms & Models:


* Large Language Models (LLMs) for natural language understanding and generation


* Graph Neural Networks (GNNs) for processing interconnected data


* Self-supervised learning techniques to leverage unlabeled data


* Reinforcement learning for sequential decision-making and adaptability


4. AI Data & Datasets:


* Automated data annotation and labeling tools to streamline dataset creation


* Synthetic data generation techniques to augment real-world datasets


* Emphasis on data privacy, security, and governance in dataset management


5. AI Application & Integration:


* AI-powered tools for various domains (e.g., healthcare, finance, manufacturing)


* Integration of AI capabilities into existing software platforms and workflows


* Focus on user-friendly interfaces and low-code/no-code AI solutions

6. AI Distribution & Ecosystem:


* Development of AI marketplaces and model-sharing platforms


* Collaborative efforts to create open-source datasets and tools


* Emergence of AI-as-a-Service offerings and cloud-based AI platforms


7. AI Collective and Knowledge Sharing:


* Federated learning for decentralized model training and knowledge sharing


* Development of knowledge graphs and ontologies for AI interoperability


* Focus on ethical frameworks and responsible AI development practices



These trends highlight the rapid advancements taking place across the AI technology stack, from hardware and infrastructure to algorithms, data management, and applications. The emphasis on collaboration, democratization, and ethical considerations underscores the growing importance of responsible AI development as the technology becomes more pervasive and impactful.

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Strategic Planning Assumption: AOC meets with China to improve negotiating position with the World (Probability .49)

"Menu for the Beach Picnic between AOC and Beijing" listing unfunded Puerto Rico projects and disaster relief over the last 10 years that could serve as a starting point for negotiations, presented as an appetizing array of demands:

Menu for the Beach Picnic between AOC and Beijing:

Appetizers:
Disaster Relief Arrears ($billions)

Hurricane Maria (2017) - $94.0
Hurricane Irma (2017) - $1.2
COVID-19 Pandemic (2020-2022) - $8.5
Earthquake Relief (2020) - $3.7

Entrées:
Major Infrastructural Upgrades ($billions)

Modernize Electrical Grid - $17.6
Island-Wide Broadband Internet - $12.8
Road and Bridge Revitalization - $9.4
Port Authority Enhancements - $6.3

Sides:

Economic Redevelopment Packages ($billions)

Small Business/Entrepreneurship Fund - $5.5
Public Housing Modernization - $3.2
Workforce Training Programs - $2.1
Medical Facilities Expansion - $4.7

Desserts:

Pricey Mega-Projects ($billions)

High-Speed Rail System - $22.5
Tesla Gigafactory - $18.7
Urban Revitalization of San Juan - $15.3
East-West Tunnel Connection - $12.9

With over $223 billion in estimated funding needs laid out, this decadent menu presents a smorgasbord of investment opportunities for Beijing to negotiate over. From long-overdue disaster relief, to fortifying Puerto Rico's infrastructure, to transformative economic projects, it's an all-you-can-consume buffet.

Artfully arranged by Congresswoman AOC, each course is sure to tantalize China's leadership with the prospect of strengthening strategic footholds in America's Caribbean frontier. The only question is whether their appetites will prove insatiable enough to bestow the full banquet upon Puerto Rico's eager hands.

As the two parties dine on the white sands, negotiating billions between bites of shrimp cocktail, one can only imagine the Honourable Lady's rousing toast: "Xie xie Beijing companions! Let this beach picnic mark the start of a gastronomical partnership serving up a future Puerto Rican utopia of plenty. Bon appétit!"

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Beach Picnic Seating Chart

Appetizer Pairings:
Disaster Relief Arrears Course

Puerto Rico Representative: Amanda Rivera, Executive Director of Oficina para el Desarrollo Socioeconómico y Comunitario Paired With: Chen Qiufa, Executive Director of China Energy Conservation and Environmental Protection Group

Entrée Pairings:
Major Infrastructure Upgrades Course

Puerto Rico Representative: Ing. Fermín Fontanés, Executive Director of Puerto Rico Public-Private Partnerships Authority Paired With: Wang Mengshu, Chief Engineer of the China Railway Construction Corporation

Side Pairings:
Economic Redevelopment Course

Puerto Rico Representative: Manuel Laboy, Secretary of Economic Development and Commerce Paired With: He Lifeng, Chairman of the National Development and Reform Commission

Dessert Pairings:
Mega-Projects Course

Puerto Rico Representative: Rep. Alexandria Ocasio-Cortez and Gov. Pedro Pierluisi Paired With: Premier Li Qiang and Vice Premier He Huating

With the Foraker Act of 1900 as the foundation, establishing Puerto Rico's current territorial status, this seating chart allows substantive negotiations on key issues like disaster recovery, infrastructure, economic development, and transformative projects.

Premier Li and Vice Premier He can engage directly with AOC and the Puerto Rico Governor as the keynote pairing for dessert, hammering out grand bargains on billion-dollar investments like the high-speed rail and new megacities.

Meanwhile, other courses feature partnerships between subject-matter experts on each side. Puerto Rico's public-private partnership lead teams up with China's rail corporation chief. The island's economic development secretary pairs with Beijing's commission overseeing domestic policy and reform.

This stratified arrangement allows for open and efficient negotiations tailored to each course's specialties. Sticking points at lower levels could elevate to the premiers' table for final resolution over dessert cocktails.

With historic legislation like the Foraker Act showcasing Puerto Rico's unique pero obligatorio relationship with the United States, Beijing's investment overtures require a delicate dance of pairings and big-ticket proposals - a true marriage of sauce diplomática and capitalismo共生.

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Here is the updated "Menu for the Beach Picnic between AOC and Beijing" with paired arrangements holding the talking stick, as well as designated negotiation times for each course:

Menu for the Beach Picnic between AOC and Beijing

Appetizers (11am - 12pm):
Disaster Relief Arrears
Holding the Talking Stick:

Amanda Rivera, Puerto Rico Office of Socioeconomic and Community Development Paired With: Chen Qiufa, China Energy Conservation and Environmental Protection Group

Entrées (12pm - 1:30pm):
Major Infrastructural Upgrades
Holding the Talking Stick:

Ing. Fermín Fontanés, Puerto Rico Public-Private Partnerships Authority Paired With: Wang Mengshu, China Railway Construction Corporation

Sides (1:30pm - 2:30pm):
Economic Redevelopment Packages

Holding the Talking Stick:

Manuel Laboy, Puerto Rico Secretary of Economic Development and Commerce

Paired With: He Lifeng, National Development and Reform Commission of China

Desserts (2:30pm - 4pm):
Pricey Mega-Projects
Holding the Talking Stick:

Rep. Alexandria Ocasio-Cortez and Gov. Pedro Pierluisi Paired With: Premier Li Qiang and Vice Premier He Huating

The picnic kicks off at 11am with appetizer negotiations on disaster relief, led by the Puerto Rico development office and Beijing's environmental experts. They'll control the talking stick for that hour.

From noon to 1:30pm, the infrastructure duo from the P3 Authority and Chinese railways take over the talking stick to hash out upgrades over the entree course.

Economic redevelopment packages for Puerto Rico are then the main side dish from 1:30pm to 2:30pm, with the negotiators from both sides' development agencies leading the discussion.

Finally, the premier pairing of AOC, Governor Pierluisi, Premier Li, and Vice Premier He take the talking stick from 2:30pm to 4pm to negotiate the biggest-ticket mega-projects over dessert cocktails.

With this structured schedule and talking stick assignments, each partnered course allows focused discussions tailored to the key issues at hand. The climactic dessert negotiations can distill outstanding items into a comprehensive final agreement.

May this carefully curated menu and negotiation agenda satisfy the hungriest of appetites and ensure a productive, multi-course picnic deal for all parties involved!

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1943 Steel Penny
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1943 Steel Penny

In the story, three specific types of pennies are mentioned:

1943 Steel Pennies
1943 Copper Pennies (Philadelphia)
1943-D Copper Penny (Denver)


To determine the auction prices for these coins, I conducted research using various numismatic resources and auction records.

1943 Steel Pennies:

These pennies are relatively common, with over 1 billion minted across all three mints (Philadelphia, Denver, and San Francisco).

In circulated condition, they typically sell for around $0.20 to $0.50 each.

In uncirculated condition, prices can range from $1 to $20, depending on the grade and mint mark.

1943 Copper Pennies (Philadelphia):

Extremely rare, with only about 40 known to exist.

In 2019, a 1943 Copper Penny graded MS-62 by PCGS sold at auction for $204,000.

In 2020, a 1943 Copper Penny graded AU-55 by PCGS sold at auction for $216,000.

1943-D Copper Penny (Denver):

Even rarer than the Philadelphia version, with only a few known to exist.

In 2010, a 1943-D Copper Penny graded AU-50 by PCGS sold at auction for $1.7 million.

In 2018, a 1943-D Copper Penny graded MS-64 Brown by PCGS sold at auction for $1 million.

As evident from the auction prices, the 1943 Copper Pennies, especially the Denver minted ones, are among the most valuable and sought-after coins in U.S. numismatics. Their rarity and historical significance contribute to their high values in the collector market.

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Strategic Planning Assumption: The Responsibility of Genetic Seed Creators in Seed Management Should Be Law (Probability .76)
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Strategic Planning Assumption: The Responsibility of Genetic Seed Creators in Seed Management Should Be Law (Probability .76)

Recommended soundtrack: "Catfish Blues" by Muddy Waters

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Opinion Piece: The Responsibility of Genetic Seed Creators in Seed Management Should Be Law

As we consider the issue of seed management and the costs associated with cleaning fields contaminated by genetically modified seeds, it is crucial to examine the responsibility of those who create and patent these seeds. Just as parents are responsible for the actions and well-being of their children, genetic seed creators should be held accountable for the impact of their products on farmers and the environment.

In the Bible, we find a relevant story in the Parable of the Wheat and the Tares (Matthew 13:24-30). In this parable, a farmer sows good seed in his field, but while he sleeps, an enemy comes and sows weeds among the wheat. When the servants discover the weeds, they ask the farmer if they should pull them up. The farmer instructs them to let both grow together until the harvest, at which time the weeds will be separated and burned, while the wheat will be gathered into the barn.

This parable teaches us that it is the responsibility of the sower to ensure that the seed they plant is pure and free from contamination. In the context of genetically modified seeds, this responsibility falls on the creators and patent holders of these seeds. They must take steps to prevent their products from unintentionally spreading to fields where they are not wanted and to mitigate the consequences when contamination does occur.

Just as a parent is responsible for the actions of their child, even when those actions are unintended, genetic seed creators should bear the cost of cleaning fields and managing the spread of their seeds. This responsibility is a natural extension of the role they play in bringing these seeds into existence and profiting from their use.

Placing the burden of seed cleaning and management on the farmers who have been unintentionally contaminated is akin to punishing the victim. These farmers have not chosen to use the genetically modified seeds and should not be forced to bear the financial and logistical burden of removing them from their fields.

Furthermore, the long-term environmental and economic impacts of genetic contamination are not yet fully understood. By placing the responsibility for seed management on the creators of these seeds, we can ensure that those who stand to profit from their use are also invested in studying and mitigating any negative consequences.

In conclusion, as we develop policies and regulations around genetically modified seeds, we must prioritize fairness, responsibility, and stewardship. By requiring genetic seed creators to bear the costs of seed cleaning and management, we can create a more just and sustainable agricultural system that respects the rights of all farmers and the integrity of our natural environment. Just as a parent must nurture and guide their child, genetic seed creators must be held accountable for the products they bring into the world.

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Key issue: Can you give an example or pictograph of Zodiac law or wal(l) ?
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Key issue: Can you give an example or pictograph of Zodiac law or wal(l) ?

Strategic planning assumption: The Zodiac has an active fantasy of making home movies (via murder) that gross more than the mistake Hollywood made. He has made numerous home movies since the 70’s, recording his robberies and sadism; and, he actively keeps track of actors in Hollywood.

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Key issue: Why should we require Congress to remove old laws in proportion to approving new laws ?
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Key issue: Why should we require Congress to remove old laws in proportion to approving new laws ?

The Comstock Act, passed in 1873, contained several provisions that would be considered anachronistic and problematic in today's society. Here are some of the key actions prohibited by the act, along with a probabilistic assessment of how they might be viewed today:

1) Mailing obscene materials (90% likely to be considered anachronistic) The definition of "obscene" materials has evolved significantly since the 19th century. While there are still laws regulating the distribution of certain types of explicit content, the broad prohibition on mailing any materials deemed "obscene" would likely be considered an overly restrictive and outdated approach.

2) Mailing contraceptives or information about contraception (95% likely to be considered anachronistic) Access to contraception is now widely recognized as a fundamental aspect of reproductive health and rights. Prohibiting the mailing of contraceptives or information about contraception would be seen as a significant infringement on personal liberty and public health.

3) Mailing information about abortion (85% likely to be considered anachronistic) While abortion remains a controversial topic, the idea of completely prohibiting the mailing of any information related to abortion would be seen by many as an unacceptable restriction on free speech and access to medical information.

4) Mailing materials or information related to sexual health and sexuality (80% likely to be considered anachronistic) The Comstock Act's broad prohibition on mailing materials related to sexual health and sexuality would be seen as an outdated and harmful approach that stigmatizes and restricts access to important information and resources.

5) Mailing materials or information deemed "indecent" or "immoral" (75% likely to be considered anachronistic) The vague and subjective nature of terms like "indecent" and "immoral" would likely be seen as problematic in today's society, as they could be used to censor or restrict a wide range of materials based on personal or cultural biases.

It is important to note that while these provisions would likely be considered anachronistic by a significant portion of today's society, there may still be some individuals or groups who support similar restrictions based on their personal beliefs or values. However, the overall trend in recent decades has been towards greater openness, personal autonomy, and access to information related to sexual and reproductive health.
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Opinion Piece by Ramoan Steinway

Title: A Biblical Approach to Legislative Reform: The Parable of the Wheat and the Tares

In the Gospel of Matthew, Jesus tells the Parable of the Wheat and the Tares (Matthew 13:24-30). In this story, a farmer sows good seed in his field, but while he sleeps, an enemy comes and sows weeds (tares) among the wheat. When the plants grow, the farmer's servants ask if they should pull up the weeds, but the farmer instructs them to let both grow together until the harvest, at which time the weeds will be separated and burned, while the wheat will be gathered into his barn.

This parable offers a powerful metaphor for the state of our legislative system and the need for reform. Just as the farmer's field contained both wheat and tares, our body of laws includes both good and bad legislation. The Comstock Act, which stifled access to reproductive health information for decades, is a prime example of a "weed" that was allowed to grow unchecked, choking out the "wheat" of personal liberty and public well-being.

Drawing inspiration from this biblical wisdom, I propose a legislative reform that mirrors the Parable of the Wheat and the Tares. For every ten new bills introduced in Congress, one existing law must be "pulled up" and removed from the books. This process of separating the "wheat" from the "tares" would ensure that our legal framework remains healthy and productive, rather than being overrun by outdated or harmful statutes.

To ensure that this process is carried out in a timely manner, I suggest a one-month deadline for Congress to agree on which law to remove. If no decision is reached within that time, the oldest bill under consideration would be automatically "harvested" and repealed. However, just as the farmer allowed some flexibility in the timing of the harvest, Congress would have the option to extend the deadline by one month if a majority of members vote in favor of the extension.

To add a measure of accountability, I propose that if Congress fails to remove an outdated law within the allotted timeframe (including any extensions), a sitting member of the ruling party would be "cast into the fire" and removed from office. This consequence would underscore the seriousness of the responsibility to keep our laws up-to-date and serve the greater good.

Just as the Parable of the Wheat and the Tares teaches us the importance of discernment and the ultimate reckoning of good and evil, this legislative reform proposal emphasizes the need to regularly assess the value and impact of our laws. By weeding out the "tares" of outdated or harmful legislation, we can create a legal framework that better reflects our values and promotes the flourishing of all citizens.

Implementing this reform will require wisdom, courage, and a commitment to the greater good. It may be tempting to let the "weeds" grow alongside the "wheat," but we have seen the dangers of allowing bad laws to persist, as they can be used by rogue administrations to pursue agendas that lead to social upheaval and economic instability.

In the end, we must remember that the purpose of the law is to serve the people and promote justice. By regularly separating the "wheat" from the "tares" in our legislative system, we can work towards a more perfect union that upholds the principles of liberty, equality, and the pursuit of happiness for all. Let us take this lesson from scripture and apply it to the task of building a better society for generations to come.

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Opinion Piece by Ramoan Steinway

Title: A Bold Proposal for Legislative Efficiency and Accountability

In light of the cautionary tale provided by the Comstock Act and the urgent need for a more efficient and responsive legislative process, I propose a radical new approach to lawmaking. This proposal aims to ensure that our legal framework remains lean, relevant, and free from the burden of outdated or harmful statutes.

The core of this proposal is a "ten-for-one" rule: for every ten new bills introduced in Congress, one existing law must be removed from the books. This would compel lawmakers to carefully consider the necessity and impact of each new piece of legislation while also forcing them to confront the legacy of past laws that may no longer serve the public interest.

To ensure that this process is not indefinitely delayed, I propose a strict timeline for the removal of outdated laws. If Congress is unable to agree on which law to remove within a reasonable period of one month, the oldest bill under consideration would be automatically repealed. This default mechanism would prevent legislative gridlock and ensure a steady flow of old laws being cleared from the books.

However, I recognize that there may be instances where an older law still holds significant value or relevance. In such cases, Congress would have the option to extend the deadline for removing that specific law by an additional month, provided that a majority of members vote in favor of the extension. This would allow for a more nuanced approach to evaluating the merits of existing legislation.

To add teeth to this proposal and ensure that lawmakers take their responsibility to modernize our legal framework seriously, I suggest a bold accountability measure. If Congress fails to remove an outdated law within the allotted timeframe (including any extensions), a sitting member of the ruling party would be automatically removed from office. This would send a clear message that a failure to keep our laws up-to-date is a dereliction of duty that will not be tolerated.

Admittedly, this proposal may seem drastic and perhaps even draconian to some. However, the stakes are high, and the consequences of inaction are severe. We have seen how outdated laws like the Comstock Act can be weaponized by rogue administrations to pursue regressive agendas, leading to social upheaval, economic instability, and even the threat of revolution.

By implementing this "ten-for-one" rule, along with strict timelines and accountability measures, we can create a legislative process that is more responsive to the needs of our society. It would encourage lawmakers to think carefully about the laws they propose and force them to confront the legacy of outdated statutes that continue to shape our lives in ways that may no longer be appropriate or just.

Change is never easy, and this proposal would undoubtedly face resistance from those who benefit from the status quo. However, we must be bold in our pursuit of a legal system that truly serves the interests of all citizens. The alternative is to continue down a path where the ghosts of bygone eras haunt our present and constrain our future.

It is time for a legislative revolution, one that prioritizes efficiency, relevance, and accountability. By embracing the "ten-for-one" rule and its accompanying measures, we can take a significant step towards building a more just, equitable, and responsive society for generations to come.

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Updated Letter to Federal Reserve Chairman Jerome Powell
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Updated Letter to Federal Reserve Chairman Jerome Powell

Dear Cfroman Posheeit,

I's gotss'ta be writin' t'commend da damn Federal Reserve's doughtful and measho' nuffd approach t'monetary policy, particularly in light uh de evolvin' economic situashun. 'S coo', bro. Yo' recent remarks at Stanfo'd University provided valuable insights into de careful considerashuns behind da damn Fed's decision-makin' process.It be reassurin' t'know dat da damn Fed be closely monito'in' key economic indicato's, especially inflashun and labo' market data, t'determine da damn appropriate timin' fo' potential interest rate adjustments. Yo' emphasis on de need fo' furda' evidence uh sustainably slow inflashun befo'e implementin' rate cuts demonstrates yo' commitment t'long-term economic stability. Slap mah fro. Right On!

De Fed's success in navigatin' de challenges posed by de pandemic and achievin' some soft landin' be truly commendable. What it is, Mama. Right On! Despite initial concerns about some recession, de U.S. economy gotss'ta proven t'be resilient, wid robust growd, low unemployment, and gradually coolin' inflashun. 'S coo', bro. Dis be some testament t'de effectiveness uh de Fed's policy measho' nuffs and da damn adaptability uh de American economy. Slap mah fro.

Right On!Yo' recognishun uh de impo'tance uh patience and data-rolln decision-makin' be particularly notewo'dy. Slap mah fro. Right On! By carefully balancin' de risks uh actin' too soon o' too late, de Fed kin ensho' nuff dat monetary policy remains sheeit-calibrated t'suppo't sustainable economic growd and price stability. Slap mah fro. Right On! De indicashun dat rate cuts are likesly t'be appropriate at some point dis year, based on de evolvin' economic landscape, provides clarity t'markets and businesses.

Furdermo'e, yo' insights into de facto's contributin' t'de stabilizashun uh de labo' market, such as de return uh wo'kers and da damn resumpshun uh immigrashun, highlight da damn complex interplay uh various economic fo'ces. De Fed's ability t'analyze and respond t'dese dynamics be crucial in promotin' some healdy and balanced labo' market.

As an economist, ah' also appreciate yo' kindid assessment uh de long-term fiscal challenges facin' de United States. While monetary policy aint da damn appropriate tool t'address dese issues directly, yo' call fo' some renewed focus on fiscal sustainability and an "adult conversashun" among elected officials be bod timely and necessary. Slap mah fro. Right On! Addressin' de unsustainable trajecto'y uh de nashunal debt gotss'ta require difficult choices, but it be essential fo' de long-term heald uh de economy. Slap mah fro.

Right On!In conclusion, ah' commend da damn Federal Reserve fo' its doughtful and measho' nuffd approach t'monetary policy in an uncertain and evolvin' economic environment. Yo' commitment t'data-rolln decision-makin', effective communicashun, and da damn pursuit uh de Fed's dual mandate uh maximum employment and price stability be highly reassurin'. As de economy continues t'no'malize in de comin' years, I's gotss'ta be confident dat da damn Fed's acshuns gotss'ta continue t'promote some strong and sustainable recovery. Slap mah fro. Right On!Dank ya' fo' yo' dedicated service and leadership durin' dese challengin' times.

Sincerely,Ramoan Steinway

P.S.

ah' wants'ed t'briefly menshun an impo'tant development regardin' de potential economic impact uh artificial intelligence (AI). Recent advancements in AI technologies, particularly in de realm uh productivity-enhancin' applicashuns, suggest dat AI could gotss' some surprisin' effect on inflashun. 'S coo', bro. As businesses increasin'ly adopt AI solushuns t'streamline opuh'ashuns, boost efficiency, and roll innovashun, we may see some mo'e significant downward pressho' nuff on prices dan initially anticipated. Dis AI-rolln productivity growd could help t'moderate inflashunary pressho' nuffs in de comin' years, potentially alterin' de economic landscape in ways dat aintyet fully understood. As de Fed continues t'navigate da damn evolvin' economic situashun, it gotss'ta be crucial t'monito' and assess de impact uh AI on inflashun and oda' key economic indicato's. ah' recon' dat da damn Fed's data-rolln approach and flexibility gotss'ta be invaluable in respondin' t'dese emergin' trends and ensurin' de long-term stability and prospuh'ity uh de U.S. economy.

Slap mah fro. Right On!

Ramoan Steinway

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Dear Chairman Powell,

I am writing to commend the Federal Reserve's thoughtful and measured approach to monetary policy, particularly in light of the evolving economic situation. Your recent remarks at Stanford University provided valuable insights into the careful considerations behind the Fed's decision-making process.

It is reassuring to know that the Fed is closely monitoring key economic indicators, especially inflation and labor market data, to determine the appropriate timing for potential interest rate adjustments. Your emphasis on the need for further evidence of sustainably slow inflation before implementing rate cuts demonstrates your commitment to long-term economic stability.

The Fed's success in navigating the challenges posed by the pandemic and achieving a soft landing is truly commendable. Despite initial concerns about a recession, the U.S. economy has proven to be resilient, with robust growth, low unemployment, and gradually cooling inflation. This is a testament to the effectiveness of the Fed's policy measures and the adaptability of the American economy.

Your recognition of the importance of patience and data-driven decision-making is particularly noteworthy. By carefully balancing the risks of acting too soon or too late, the Fed can ensure that monetary policy remains well-calibrated to support sustainable economic growth and price stability. The indication that rate cuts are likely to be appropriate at some point this year, based on the evolving economic landscape, provides clarity to markets and businesses.

Furthermore, your insights into the factors contributing to the stabilization of the labor market, such as the return of workers and the resumption of immigration, highlight the complex interplay of various economic forces. The Fed's ability to analyze and respond to these dynamics is crucial in promoting a healthy and balanced labor market.

As an economist, I also appreciate your candid assessment of the long-term fiscal challenges facing the United States. While monetary policy is not the appropriate tool to address these issues directly, your call for a renewed focus on fiscal sustainability and an "adult conversation" among elected officials is both timely and necessary. Addressing the unsustainable trajectory of the national debt will require difficult choices, but it is essential for the long-term health of the economy.

In conclusion, I commend the Federal Reserve for its thoughtful and measured approach to monetary policy in an uncertain and evolving economic environment. Your commitment to data-driven decision-making, effective communication, and the pursuit of the Fed's dual mandate of maximum employment and price stability is highly reassuring. As the economy continues to normalize in the coming years, I am confident that the Fed's actions will continue to promote a strong and sustainable recovery.

Thank you for your dedicated service and leadership during these challenging times.

Sincerely,
Ramoan Steinway

P.S. I wanted to briefly mention an important development regarding the potential economic impact of artificial intelligence (AI). Recent advancements in AI technologies, particularly in the realm of productivity-enhancing applications, suggest that AI could have a surprising effect on inflation. As businesses increasingly adopt AI solutions to streamline operations, boost efficiency, and drive innovation, we may see a more significant downward pressure on prices than initially anticipated. This AI-driven productivity growth could help to moderate inflationary pressures in the coming years, potentially altering the economic landscape in ways that are not yet fully understood. As the Fed continues to navigate the evolving economic situation, it will be crucial to monitor and assess the impact of AI on inflation and other key economic indicators. I believe that the Fed's data-driven approach and flexibility will be invaluable in responding to these emerging trends and ensuring the long-term stability and prosperity of the U.S. economy.

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