[–] 1 point 3 days ago

It is printing money with extra steps. The fed can sell off the bonds, and it has done it to reduce the balance sheet, but not fast enough. The last few crises though, it has been used as an option, and maybe it will happen to save the AI companies too.

Taxes should increase for the billionaires and the super rich.

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  • [–] 1 point 3 days ago* (last edited 3 days ago) (2 children)

    The federal debt and the US treasuries part of the fed balance sheet is how much taxes should increase. They're different things, the fed can just buy bonds and put them on its balance sheet.

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  • [–] 25 points 3 weeks ago* (last edited 3 weeks ago)

    The timing of this really says it all, tell me this is a political prosecution without telling me this is a political prosecution.

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  • [–] 7 points 2 months ago

    The Spark isn't a bad computer, and they haven't completely gotten rid of local GPUs, so Nvidia does somewhat care about local llms, but power corrupts and this is just more of it.

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