5min chapter

All-In with Chamath, Jason, Sacks & Friedberg cover image

E84: Markets update, crypto collapse, Russia/Ukraine endgame, state of the podcast

All-In with Chamath, Jason, Sacks & Friedberg

CHAPTER

What's the Root Cause of the Great Recession?

The stock market may have taken the majority of the carnage, but i think we're going to see the carnage start to rotate into other asset classes. I just want to build on point about root causes here. The temporary government programm was quantitative easing. We had this great recession of two thousand eight that could have turned into depression. They broke the glass in case of emergency. And then when we got a surprise five point one % inflation print last summer, they didn't stop cu ee till the end of c one. So you're right, they kept basically printing money, and it's still going on. That's created mass of distortions in the economy now. It's completely dis

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode