What comes around

Moral: Wherein we declare that our doors, once again, are open for business. 

Two major incidents happened. There were more. These are sufficient. 

• ChatGPT - ah, what idiocy. We'll weigh in, deeply. One theme will be Silly Valley and its dumb experimenting on us, who are we, the poor little folks. Wise up, guys and gals. 

• 

  Ben and
  the taper

  Fed grew some cojones and we're back to 18 Sep 2007. Oh gosh, we have two other blogs on the idiocy that took place the past decades and one-half. 

This will be fun. For now, a link to the Forbes History of the rate. 

You know, it's been tedious watching this stuff from afar. And, feeling the impacts of wrong decisions even from a distance. Talk about entanglement? Ah, yes, kept the faith. Now, look for the old posts to be resurrected and updated. 

Remarks: Modified: 03/26/2023

03/23/2023 -- Added an image from this post: Ben and the taper (from 2013). He threatened to taper. The addicts to the ca-pital-sino rebelled. Back and forth. Did he taper? Nope. Several times. Until Janet came to be, there was no challenge to addicts. You hear them, even now. 

03/26/2023 -- The Tablet Magazine has a good article: How the Bank Collapse Goes Nuclear.