All-In with Chamath, Jason, Sacks & Friedberg

This is the only podcast I listen to consistently every single week.

Not really an objective listen as these guys more or less are tied to supporting the Trump admin. They like to act like they are objective but that is fake news to burrow from the Trump crowd.

I used to enjoy this podcast before Sacks and Chamath became spokespeople for the white house. Neither is in a position to use their brains in an unbiased way like they did in the old days. Now Chamath and Sacks are too biased. Friedberg is too timid. And Jason is too outnumbered. Chamath and Sacks should be replaced with more open thinkers and just come on the show when the white house view is needed.

What an absolute disaster of an episode on the Fed. What is more scary is that there is risk these views now make their way to US monetary policy. Federal Reserve Bankers around the world are technocrat appointees meant to deliver data driven technical momentary policy. It is absolutely critical not to mess with it let alone fire governors because you don’t like their policy. On top of that the Bond market will have a lot to say about what long term rates are no matter what a puppet fed might set. Re:Fed decisions often trail live economic events. The Fed has to make stable decisions at macro level such that the market can adjust itself as a cascade effect. The Fed does not day trade. Why are they making this an issue now ? The only reason is that they need a scapegoat to mask the crushing impact of tariffs which is just about to roll in . This is why they are all over the Fed as a scapegoat. The really scary version of this is what happens to the USD in the meanwhile. Gold and Euro are already whispering the omens.