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E89: GDP growth negative in Q2, $SHOP layoffs, Alzheimer's fraud, Ginkgo acquires Zymergen & more
All-In with Chamath, Jason, Sacks & Friedberg
What Is the Real Supply Demand in the Economy?
Excess access money, because of loose financial conditions, distort what true supply and demand should be got. We don't yet know what the real equilibrium economic growth rate should be. So we have been propping up our economy for 14 year straight now. And now wewe have to do the hard work of figuring out what the real supply demand is in the economy.
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