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E128: Google enters AI wars, Druck’s warning, Trump crushes CNN & more
All-In with Chamath, Jason, Sacks & Friedberg
The Fed and Inflation
I think Stan is basically betting that the US will break and that we will be forced in some way to bring debt to GDP closer to 50 than to 150 or 200. And I would just bet the opposite. Also, inflation down again, we've kind of gotten used to this, but I thought this was a particularly interesting chart. If you look at food, goods and energy, all going in the right direction, services still very expensive. This is not a great setup for any economic recovery.
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