I've had very low expectations for the Fed's upcoming review of its operating regime. I had thought that the previous review (back in 2020) had hit the nail on the head, until I learned that| TheMoneyIllusion
During my recent trip to the Bay Area, I met lots of people who are involved in the field of AI. My general impression is that this region has more smart people than anywhere else, at least per capita. And not just fairly smart, I'm talking about extremely high IQ individuals. I don't claim to have met a representative cross| TheMoneyIllusion
I recently attended a blogging conference in Berkeley. From the perspective of interesting conversation, it was probably the best weekend of my life. Lots of super smart people. As I get older (I'm 68), I notice that most other people in the blogging/twitter world are one or even two generations younger than me. Most of the ones I follow| TheMoneyIllusion