Fed uses AI as excuse to keep rates high while real driver is energy and capex. Companies burn cash on tools that cost more than people they fired. The grid is ancient and cannot support this pace. Steel and copper win over hype every time.
🚨 THE FED JUST OFFICIALLY BLAMED AI FOR RISING INFLATION.
In the June 16-17 FOMC minutes, the Fed's staff directly cited AI-related price pressures as a driver of core goods inflation, alongside tariffs.
Here's what the minutes say:
1. Core goods price inflation has risen,… pic.twitter.com/h1zCH14mqC
— Bull Theory (@BullTheoryio) July 8, 2026
Companies fired employees to afford AI. Now AI costs more than the employees.
That's the strange part of this AI boom.
Companies cut workers, slowed hiring, and told Wall Street they're "reallocating resources toward AI." Then they turn around and spend more on AI than they…
— Andrew Lokenauth (@FluentInFinance) July 8, 2026
The AI race has a bottleneck nobody's talking about.
It's not chips. It's not data. It's not regulation.
It's a century-old device called the electrical transformer.
90% of all electricity passes through one &
lead times have gone from months to years.Prices have surged… pic.twitter.com/jofumtJeI4
— Nic (@puckrin) July 9, 2026