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The US' Energy Independence and the Threat of AI
In terms of deflation or disinflation, it's come down faster than almost any of our peers. Is that a function of us being energy and food independent? Is it the threat of AI giving wage people negotiating for wages, less confidence to ask for wage increases? What have been the things driving disinflation? I think the fact that we are energy independent,. We have oil and Europe doesn't. And Europe has been severely dependent on some adversarial countries for their energy needs.