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29: Understanding The Metaverse, Facebook Rebrands To Meta + The Threat Of Inflation

Not Investment Advice

Inflation Is a Big Thing, Right?

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Inflation is the average price going up overtime, right? Er. Having a little inflation is not a bad thing. It's ok to have light a few %. But when it starts hitting a certain point, maybe like beyond, like five, six%. That's kind of where we're out right now. Hyper inflation is 50 % a month. Op, a hyper in flash, 50%, that's high inflation. Regular inflation is like a too about two to three % year on year,. They usually take out energy, because it's very volatile. Groceries, day to day services and all these things that you need to just go about your life. And also wages, reg

Jack Butcher, Bilal Zaidi & Trung Phan discuss what they're finding on the edges of the internet + the latest in business, technology and memes.

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Timestamps:

0:00:00 – Intro + What Is The Metaverse? Facebook Becomes Meta
0:08:15 – Virtual Worlds + Mark Zuckerberg Presentation
0:12:57 – What Can Facebook Build?
0:18:46 – VR, Black Mirror + Big Tech Rebrands
0:24:30 – Hiring Talent, Culture-Based Products + Hardware
0:28:15 – NIA Going Showbiz
0:30:06 – Threat of Hyperinflation + Cathie Wood’s Deflation Argument
0:37:41 – Money Supply + Supply Chains
0:42:43 – Experiencing Inflation in Vietnam
0:46:49 – Behavioral Outcome + Social Support
0:53:39 – Flexport CEO On Supply Chain
1:00:38 – Jack Worked In A Honda Factory
1:09:43 – Wage Inflation
1:15:36 – Debt Cycles + Labor Market
1:21:09 – Fun Fact Phan: Why US Healthcare Is Tied To Employment

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