The problem with the problem with 600, you know, backstopping, $600 billion is you're going to create inflation. So even if it adds a couple of basis points or half a point or even a point to the inflation numbers, it's not good. And then they're going to have to be forced to raise rates. It's a vicious cycle. You create this inflationary loop. Now they have to raise rates, which impairs the balance sheets even further. The market and the bottom market today, everything's collapsing because they're busy pricing cuts down to three points. I mean, percent later this year. By the way, oil is the biggest indicator of whether there
Vinny and Sunny are BACK with Jason for another roundtable! First, they cover the aftermath of the bank shutdowns (2:54) before breaking down the impact on startups and the overall economy. (14:14) They also cover Zuckerberg announcing more cuts at Meta (1:05:49) and OpenAI launching GPT-4! (1:10:55)
(0:00) Jason tees up today's topics!
(2:54) Reflecting on the aftermath of the SVB collapse
(12:50) Cast.ai - Get a free cloud cost audit with a personal consultation at https://cast.ai/twist
(14:14) Understanding the origins of the banking issues and the Fed's response
(27:10) Vanta - Get $1000 off your SOC 2 at https://vanta.com/twist
(28:09) Signature and Silvergate troubles, overall lessons from the past week
(39:33) Orgspace - Get $2000 in credits at http://orgspace.io/twist
(41:04) Understanding CBDC
(56:11) Things to consider going forward, payroll crisis
(1:05:49) Zuckerberg's "Year of Efficiency" and OpenAI launches GPT-4
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