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E137: Inflation cools, market rips, Ripple/MSFT beat regulators, NATO summit, cocktails of youth
All-In with Chamath, Jason, Sacks & Friedberg
Larry Summers' View on Interest Rates
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Shammoth: Larry Summers has publicly shared that he thinks rates are gonna need to be higher for longer Then what the market is currently showing. Shammoth: There are structural things that are happening in the world right now including a decoupling from China which is inflationary because you know China provides cheap goods and cheap manufacturing For many of those industries sell to consumers so Ultimately those prices will show up in consumer costs.
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