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OpenAI’s Sarah Friar & Fed Chair Candidate David Zervos 8/20/25

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Economic Strategies and Tariff Implications

This chapter explores the complex relationship between tariffs, government equity stakes, and their implications for the economy. It discusses the evolving nature of industrial policies, contrasting historical and contemporary approaches to incentivizing businesses in the U.S., particularly in relation to the CHIPS Act. The dialogue also touches on national security concerns surrounding technology and social media, reflecting on the political ramifications of these economic strategies.

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