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E83: Market slide continues, and how to address Uvalde
All-In with Chamath, Jason, Sacks & Friedberg
Is There a Way to Create Wealth and Prosperity?
Gemima: I hope our policy makers learnd from this, which is what happened over the last couple of years. We had ten trillion dollars of money printing, right? They thought they could stimulate our way out of this cove recession that they had induced wit lockdowns. The only thing that creates wealth in a society is the output of goods and services that people want. And you just can't try to sort of play games with that by creating phantom,. the sort of phantom money that doesn't represent a real increase in good services or productivity.
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