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At the Taj Mahal, Luke asked Isaacson to describe sunrise over the reflective pool. Luke perceived the inner chamber's echo as a chorus, an om pitch sighted tourists miss.
Luke Gromen argues the US must print money to cap soaring bond yields, as political cuts to defense and entitlements are mathematically impossible without causing a deeper recession and even larger deficits.
Gromen contends that AI is a systemic threat due to high sovereign debt levels, as it will disintermediate high-paying service jobs and erode the tax base at a time when the US government cannot afford any revenue loss.
Gromen says reserve asset diversification will start with gold, facilitated by China's offshore yuan clearing banks in global gold hubs, enabling commodity producers to net-settle trade in gold.
Gromen's base case is that the Fed under Kevin Warsh will cut rates, lie about true inflation running at 12-15%, and attempt to cap gold and Bitcoin prices to funnel capital into the tech sector, leading to a period of high inflation but controlled long-term yields.