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.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode