All-In with Chamath, Jason, Sacks & Friedberg
Big Fed rate cuts, AI killing call centers, $50B govt boondoggle, VC's rough years, Trump/Kamala
David Sacks
That's the key thing. If you look at the dot plot and if you look at where the smart financial actors are betting where rates end. So it's hard to sort of like look at any point in time, 50 now, 25 later. What does it all mean? It's very hard to know. But what is much clearer is where do we think terminal rates will be even in the next 18 months?
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