We Want the Future’s Money for Our Own

Mess Around With Debt and You’ll Find Out [The Daily FWD] May 02, 2024 [UNSUBSCRIBE]( We Want the Future’s Money for Our Own Hi Reader, Here’s what our editors are looking at today… [Click here to learn more]( News: Brian Maher – “Why Are We Gambling With America’s Future?” Today’s high-interest rate environment is already hammering, say, the housing construction industry and making housing even more unaffordable. The United States continues to borrow all this money even though classical Keynesian theory tells us to borrow in times of recession but commit to debt reduction in times like these when growth is good… We continue to go further into debt even though the baby boom generation is aging, making programs like Social Security and Medicare more and more costly. The federal government already spends $6 on senior citizens for every $1 on children, which is not exactly investing in the future… At some point all this self-confidence begins to look like hubris or a rationalization for: We want to spend the future’s money on ourselves. [⇒ Read More Here]( [Click here to learn more]( Recommended Reads: [WARNING: Do NOT “Buy the Dip”]( Jim Rickards warned the public that equities were dangerously overpriced in 2023... Well, it’s been just about a week into the new year… And it’s already looking like 2024 could be a bloodbath. Stocks are down… indexes are down… and even large caps have declined by as much as 15%. Some folks probably think it may be a good time to “buy the dip”… But according to Jim, that may be a HUGE mistake. [⇒ Click Here To Learn Why]( [Click here to learn more]( Retirement: Sean Ring – The Lunacy of Taxing Unrealized Gains The Biden administration wants to apply capital gains tax to unrealized gains. Of course, the leftists in DC will say how taxing unrealized gains is one way of getting money out of the rich’s hands. Stop it. Governments can’t do that because if the people in the government were smart enough to do that, they wouldn’t be working for the government. We need as much capital as we can get. Capital is what separates the developed from the developing. Capital is the lifeblood of advanced civilization. [⇒ Read More Here]( [Click here to learn more]( Markets: Chris Campbell – To Get Rich, Go Small The rise of powerful AI language models like ChatGPT is exposing deep cracks in the scientific establishment — from rampant fraud and sloppy methodology to perverse incentives that prioritize publishing over rigorous research. This brings us to DeSci — the final piece of the puzzle — leveraging the power of immutable ledgers and AI to realign incentives and accelerate discovery. How does DeSci plan to do so, you ask? It’s simple. [⇒ Read More Here]( That’s all for today, we’ll be back tomorrow with what our editors were looking at this week. Email us [here](mailto:feedback@paradigmpressgroup.com) with whatever crosses your mind that you want us to cover. We look forward to hearing from you! Looking forward to your financial future, [The Daily FWD] The Daily FWD [feedback@paradigmpressgroup.com](mailto:feedback@paradigmpressgroup.com?subject=Daily FWD Feedback) Recommended Reads: [A.I. Test Result Will Change The Future Of Humanity]( [Click here to learn more]( Artificial intelligence has been making headlines for its ability to have a conversation, answer questions, and even write entire books. Recently, scientists wondered: Could A.I. help detect disease? They performed an experiment where A.I. was tested against human doctors. Could A.I. beat humans at spotting a form of cancer before it became lethal? 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