Kamala surges, Trump at NABJ, recession fears, Middle East escalation, Ackman postpones IPO

2063.319 - 2084.267 Chamath Palihapitiya

I think we're in a recession. And I think the problem with a recession is even as inflation diminishes, if your purchasing power is shrinking faster than prices fall, it still feels like prices are going up. I don't know if you guys have been reading the Wall Street Journal, but like the last couple of days, they've been doing a whole series on people that have been left behind by inflation.