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E78: VC fund metrics that matter, private market update, recession, student loans, Bill Hwang arrest
All-In with Chamath, Jason, Sacks & Friedberg
The Government Is Putting Their Hands on the Steering Wheel
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The government has magnified the business cycle, says Julian Zelizer. He argues that when they act as a direct market participant and make decisions about how the capital market should work, it never ends well. This is effectively what we've seen happen with medicare, medicade, as well as with the student loan programme. And so the federal government created a bubble in education cost.
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