What? Time to put on some bon Jovi, livin on prayer

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The top 10% are taking an ever larger and larger share of consumption. The AI scam bubble is the cause. It's a circlejerk bon fire where NO ONE is making money but a small select few. All while the poor local residents of AI data centers are hit with 267%+ electricity bills and chips consuming billions of liters of drinking water a day. Through the entire press conference he refused to acknowledge the bubble and kept saying things like "interest rates don't impact data centers". Wtf? Of course it's going to impact lending to data centers and AI speculation in general. Output is not going up. Prices are rising. Even Greenspan said markets were showing signs of irrational exuberance. Volcker would have tamed inflation by now. Powell either has no stones or doesn't care.

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