>Treasury Secretary Scott Bessent and FED Chair Jerome Powell summoned Wall Street executives to an urgent meeting over concerns that the latest Anthropic PBC AI model will usher in an era of greater cyber risk.AI exposes jeeteware amd Windows arre garbage wow
why is Jerome Powell doing this shit instead of lowering mortgage rates to sub four percent
>>532845669None of the people you mentioned have any clue about what they are doing. Incompetent faggots the lot.
>>532845768Too many pesky chuds are stacking physical silver to end the fed and leaving none of it for the electronics needed in those data centers so they can run their AI.I hope everyone is doing his part in draining all the physical silver out there.
>>532845768>lowering mortgage ratesI hope he increases them and debtniggers are forced out of white towns that have no apartments while housing proces becomes affordable for those who work and save instead of sucking Jewish cocks.
>>532845669They're desperately trying to get anyone to come up with an idea to keep the bubble unpopped for as long as possible.>Anyone? Anyone at all? Uh, there's a security risk, maybe if we fix it we won't all be lynched for destroying the global economy this year? Let's at least push it back to next year so we can work out some more extradition free bunker locations. Also let's try to get another moneyball rolling around, the last one has stalled. Yeah, just invest in them so they can invest in the other guy so they can invest in you, it'll be great.
>>532845912Keep in mind to never save in paper currency, inflation always makes it become worthless.
>>532845768Inflation has clocked in at an annual rate of >4% in the last couple of months, so the Fed doesn’t have much room to maneuver. The Iran war is increasing oil prices and that will spill over to other products, but that is more of a one time increase in prices rather than accelerating inflation.>>532845912This too.
>>532845669>singularity
>>532846039I think they're pretending to have asuoerclaude to get exclusive government contracts. The true cost of gay eye will never pay for itself.>>532846045It's beautiful but I do think they will dump short term.>>532846917Are we heading into a other covid tier crash followed by more inflation?
>>532845669What
>>532845768Because the Fed doesn't set mortgage rates. They set the baseline interest rate period of overnight and the market does the rest. Mortgage rates most closely track the 10 year US treasury yield, which is market determined.
>>532848480The tariffs are creating a supply shock. This is likely to cause a recession, inflation, or a little of both. Trump clearly prefers inflation because that is in line with depreciating the dollar, which makes US manufacturing more competitive. This isn’t a collapse scenario, but American consoomers have been living beyond their means for a long time and we are due for an adjustment.
>>532849528That's true.
