
#990 The State of the 2022 Economy
The Pomp Podcast
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Do You Share Elon's Nervousness About the Economy?
I think that we've likely a seen kind of the peak of the inflation. Given what the actions tere doing, it would be hard for me to see a inflation continuing into the double digits. I don't worry about a an external hack of bit coin or anything like that. Ther's geo political uncertainty. Theres a midtir election loming. And so that uncertainty ends up, i think, driving what this person acs bout,. Like nervousness. When there's uncertainty, people just don't want to make a mistake. There's 800 billion dollars or so of economic value at stake here. We're trying to build a system that's gong to last for centuries
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