One of Google's latest projects has been the development of LaMDA (Language Model for Dialogue Applications), an artificially intelligent chatbot generator. Alas, Google has created another "woke" monster.
The Federal Reserve is raising interest rates in hopes of reversing some of the inflationary damage it has done for more than a decade. Unfortunately, the Fed already has done incalculable damage to the economy.
Persistently loose monetary policies always have negative growth and distributional effects that impair political stability. In extreme cases, there are civil wars and armed conflicts between countries.