alt Hacker News>this is all downstream of structural incentives
You are mostly right and the structural incentives are more related at root to unsustainable national debt than any legislative choice (unless that's what you were referring to)
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inigyou • today at 1:37 PM
I don't see how. National debt is just a form of money-printing. And it has to equal private savings.
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__MatrixMan__ • today at 1:26 PM
Nothing to do with poisoning the non-AI parts of the economy to drive investment in AI? Its not like this bubble was gonna blow itself.
It's clear that there's plenty of money to go around. It's just that none of it is being spent on things that improve people's lives, mostly due to corruption.
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I don’t follow your logic. The recent legislative choice by the current administration is continued tax breaks, corporate tax holidays, and capricious tariffs. There is no serious discussion about the debt.