Ben Bernanke: “My concern is about defaulting on the debt, and for me that is a very high priority so a debt prioritization bill would…”

the worst financial crisis in global history, including the Great Depression.

As I have said many times, I think that fiscal policy is focusing a bit too much on the short run, and not enough on the long run.

Large deficits in debt over a long period of time raise interest rates above levels where they normally would be and crowd out private investment and are bad for growth and productivity.

Anthropic has created a unique governance structure to try to ensure that the long-run benefits of AI for humanity far outweigh the risks.