Monday, September 16, 2024

measure people not based on how smart they portray vs how stupid they act ..!

Elizabeth Warren recommends Feds to cut rates by 75 basis points ... so she is smarter than Fed chief and can do the job better than him ..?

among others stupid things, she is a proponent of taxing unrealized capital gains ..!


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BRK invests additional $10B in GooG stock ...

And GooG issues new stock to generate $80B to invest in AI buildup ..  now that's smart .. but who's?

  • you don't need to be a PhD in economics ...
    to solve an economic problem ... & there are 100s of PhD working at Federal Reserves forecasting an inflation in future due to tariffs ....
  • CPI came benign ...
    either folks are not buying imported stuff which also helps the trade deficit - two birds killed with same stone .. obviously energy being l...
  • Too late .. Fed chairman ...
    his argument is that the forecasters are modelling based on projected tariff as called by Trump ... & if you are using the numbers used ...