The Fed's dual mandate of unemployment + price stability is broken by AI because lower rates now lead to GPU purchases and cloud infrastructure spending rather than employment, making monetary policy impotent and forcing a complete reimagining of government economic targets
causalpending
Speaker
Emad MostaqueEvidence Quote
“usually what happens is you lower rates and then people and hire more people oh no they'll just go and hire more gpus”
Created: 8/11/2026, 7:25:51 AM
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