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•Episode length: 37m
Episode length: 37m
Breaking news opens the hour: the Federal Reserve under Chairman Kevin Warsh votes 12 to 0 to raise interest rates a quarter point, the first hike in more than three years, with the dot plot signaling another to come and the inflation target pushed out to 2029. Erick then turns to the horseshoe theory tying together the Nazi-curious weirdos on the right and the effective altruism crowd at Anthropic who want you to worry about the wellbeing of AI chatbots, and why both groups are really just asking to be put in charge of your life. Plus: Xi Jinping appears to fall ill at the BRICS summit in India; another look at the purge of his own generals, Mitch McConnell's decline, and Susie Wiles announcing she is cancer-free.