The Fed's Reaction to Data Could Unlock Things

Chamath: The Fed is reacting to data just so slowly. And I don't think anything about that is going to change. We're in this new world order, which is the X China world order. There is no more unitary economy that can do things cheaper, faster, and better globally around the world. That will keep costs higher because it'll be naturally more inefficient. It will naturally take more money and that will naturally cause prices of those things to be higher.