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Economy

Bill Ackman says Fed rate hike was a ‘mistake’ that could make inflation worse

The billionaire investor says the AI spending boom could upend the Federal Reserve’s usual playbook, as companies keep pouring money into AI despite borrowing costs.

Peter Schiff says open borders would bring a new golden age — if the US eliminates welfare at the same time

“The lesson is that immigration is not the problem. The problem is the welfare state."

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