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#AIS: Bestie AMA with Valor's Antonio Gracias
All-In with Chamath, Jason, Sacks & Friedberg
The Good News About This Recession
The U.S. economy looks a lttle like post world war two to me, he says. We fodded the system with ut with money, to get thetbuffer the problem hand, restart the economy. And we also have lots of business formation and new ways of doing work - which is what hapened after war too. Soi i'm very optimistic, cause most in these recessions, you now to really get inflation down, has to reduce consumer demand and or change all prices. I know it' not, it's controversial, but that's important, to lower all prices to get inflation down.
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