A wrong Fed could do the dollar in on.ft.com/4p6cs0Z

Eager to learn how putting the sitting White House Council of Economic Advisers chair on the Fed, which has never been done before, re-establishes the credibility of the Fed as an independent institution.

Someone on HN (which is often quite crypto-skeptical) asked why exactly businesses are finding crypto and stablecoins useful. It's a very reasonable question. My response:

Legendary venture investor Jerry Neumann flips the hottest assumption in business: AI’s disruption is real, he argues, but the profits won’t accrue where the hype says they will. Instead of minting a generation of model builders and app startups, this revolution looks more like

Sep 11: We’ve updated our Taylor Rule Utility data by incorporating #BLSdata in addition to updated nowcasts from the Cleveland Fed and Atlanta Fed: atlfed.org/3JZufGY

Love these insights from Ramp data

An OpenAI executive expects the “entire economy” to become an “Reinforcement Learning Machine.” This implies that AI might train on recordings of how professionals in all fields handle day-to-day work on their devices. Details on this new era of AI training: • AI developers are

Good post on evolving stablecoin market structure. I would extend it further: yes, I think that stablecoin issuers are going to have to share yield with others, but this is just one instance. Everyone is going to have to share yield. Today, the average interest on US savings

Another solid year at Oilman 70.3 Not the outcome I was hoping for–but hard to be too disappointed after mechanical issues on the bike that led to me consuming only 65% of my nutrition and meant a very painful run. Onto the next one.