Calls to regulate the artificial intelligence (AI) sector have reached a fever pitch over the last week. Fearmongering about the prospects of a totally unregulated AI industry has been around as long as the industry itself. But the current storm began last Tuesday when an engineer at Anthropic—the firm best known for its chatbot Claude—resigned, citing safety concerns.

The last time the Federal Reserve managed to hit its two-percent price-inflation target was March of 2021. At the time, Fed Chairman Jerome Powell was telling everyone that price inflation was “transitory.” By the end of that year, however, price inflation was near 40-year highs. But he had to insist that it was all no big deal.

It hasn’t been this high since 2007. Meanwhile, the average 30-year mortgage has topped 7%.

By now, the evidence overwhelmingly establishes that President Franklin Roosevelt wanted the Japanese attack on Pearl Harbor to take place. He desperately wanted to intervene in the war against Nazi Germany, but he faced a virtually insurmountable obstacle — the American people, most of whom firmly opposed U.S. entry into a second world war.