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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
The Fed Should Have Stopped Easing, Right?
Moth: The administration reacted in a political way to the inflation print. They invented this word, while the the word transitory existed, but they plied it. And i think the issue with powell is that he is basely responding to headline risk. He waits until the the headlines tell him he has to react. Moth: Now he's trying to balance recession risk against inflation risk. But the point is that the fed's been very slow to react.
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