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E55: Valuing crypto projects, Rivian worth $100B+, inflation: causes and corrections and more
All-In with Chamath, Jason, Sacks & Friedberg
The Prom We Have Now Is There Going to Be No Paul Volkar
The threat posed by record inflation to the american people is not transitory, and is instead getting worse. The psychology of this couldcould be self fulfilling as well. What's going to happen is, you're going to have everybody raise prices, because it's now become an excalation. And thi going to ietion. It's what we had in 19 seventies. There's no paul volkar. Why we can't afford to jack up rates, because the federal government's debt is so much bigger than it sware. Not at a fixed rate. We're on a variable rate.
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