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4min chapter
E55: Valuing crypto projects, Rivian worth $100B+, inflation: causes and corrections and more
All-In with Chamath, Jason, Sacks & Friedberg
Defeat Coved and the Stock Market
If you don't think inflation is already here, you missed what happened to the stock market. Companies aren't performing better. We are just inflating everything financial first, everything else will follow. The federal government spending the way it does right now makes a very inefficient way of kind of putting capital the system and inflating. It's more likely that we would increase the tension when we're in an inflationary environment. So there is quite a conspiracy against us... But i'm beginning to wonder if biden's going to be a jimmy carter here.
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