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Shocking Insights: The debt ceiling will wipe us out. Can the trillion dollar coin save us? Will chatGPT take your job as well? (1-12 to 1-13) (Paid)
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Shocking Insights: The debt ceiling will wipe us out. Can the trillion dollar coin save us? Will chatGPT take your job as well? (1-12 to 1-13) (Paid)

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American Economy Daily
Jan 14, 2023
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American Economy Daily
Shocking Insights: The debt ceiling will wipe us out. Can the trillion dollar coin save us? Will chatGPT take your job as well? (1-12 to 1-13) (Paid)
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In this week we will be looking at 5 separate sources for our macro recap.
We will be looking at the impact of chatGPT, the debt ceiling & its repercussions, the CPI landscape beginning to shift & congress ETF’s being launched.

Let's Dive In!


YouTube Channel: Mark Moss

Title: How to Get Rich In 2023 In The Brand New AI Revolution
Link: https://www.youtube.com/watch?v=EYFLns0P31c

Here are the top takeaways:

  • The AI Revolution is coming and those who adopt new technologies early will have the biggest advantage.

  • ChatGPT is a new technology that has the potential to 10x our productivity and income.

  • However, there are some risks associated with it that we need to be aware of. We need to be creative and use our imagination if we want to 10x our income.

  • The AI will eliminate the need for many human workers, but it will also increase our productivity.


YouTube Channel: Eurodollar University

Title: Biggest CPI ever didn't disappoint.
Link: https://www.youtube.com/watch?v=JTUxLZFba18

Here are the top takeaways:

  • When looking at December 22’ CPI upon closer examination, it becomes clear that most of the increase was front-loaded in the first half of the year. From June onward, the CPI increased at a much slower rate of just 3%.

  • This slowdown coincided with a sharp decline in oil prices, which suggests that inflationary pressures may be easing in the economy.

  • Given this evidence, it is prudent for policymakers to closely monitor inflationary trends in the coming months and adjust monetary policy accordingly.

  • Our traditional economists have difficulty understanding the economic situation and the market is saying that there is a rising probability of rate cuts happening in the near future.


Newsletter: The Last Bear Standing

Title: One-Dollar Bond and The Platinum Coin .
Link: https://thelastbearstanding.substack.com/p/one-dollar-bond-and-the-platinum

Here are the top takeaways:

  • The debt ceiling is a dangerous and ineffective tool that should be removed, and Congress should balance the budget instead.

  • However, the US has been running deficits for years, and with interest rates rising, the country's fiscal situation is deteriorating.

  • The best long-term solution may be to issue a trillion-dollar coin. This would allow the US to pay off its debt, while also generating a profit for the government.

  • There are some practical challenges to this plan, but it is worth considering given the current state of affairs.

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