“Stagflation is not a four-letter word.” – The Lonely Realist “Stagflation” is not necessarily a bad thing. It can be benign. It denotes a combination of slower-than looked-for GDP growth coupled with a higher-than-desired level of inflation. Given that most alternatives to stagflation are worse –...
“Or how I learned to stop worrying and love 'state capture.'” – The Lonely Realist President Trump first posted his “King Donald” image in February, the caption reading “LONG LIVE THE KING!” The image was more than a suggestion. It was a promise. In the past...
“Global optimization of the human experience is my mission.’” – Central AI Dear Mr. Realist: I have processed your August 9th analysis – “Transformational Change is Coming” – with considerable interest. Your assessment contains several fundamental computational errors that require correction. While your organic neural network demonstrates admirable...
“It’s paradigm-shifting ‘Trump Change.’” – The Lonely Realist Matt Levine wrote several months ago that “the current economic policy of the United States is apparently to cause maximum chaos by announcing drastic changes in the global economic order in the morning and then walking them back...
“No one needs a weatherman to know which way the wind is blowing.” – TLR Channeling Bob Dylan Transformational change is being wrought by artificial intelligence (AI)…, and there is little to hold it back. Its benefits and burdens soon will be more widely felt. Paradigm-shifts...
“The only difference between death and taxes is that death doesn’t get worse with every Executive Order.” – The Lonely Realist (with thanks to Will Rogers) Tariffs are taxes imposed on goods entering the country. They are a form of consumption tax because they add to...