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4min chapter
E80: Recession deep dive: VC psychology, macro risks, Tiger Global, predictions and more
All-In with Chamath, Jason, Sacks & Friedberg
Fed Funds Rate Versus Inflation
The fed raises the fed funds rate in order to combat inflation. The two have moved more or less in lock step with each other, which makes sense. I really think we're gong to run into a consumer credit bubble here. Prices are going up ten % year over year for them. And if we do actually hit a recession and we don't see real wage growth, i'm going to flip that whole concept of aloe vera on you.
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