- ☀️Daily Log:
- Finished Bad Blood on the plane
- #podcasts #braindump Supply-side recession
- There is excess money in the system and there is not enough supply to create goods
- So this causes inflation in prices and wages are not caught up
- The high job opening is mostly blue-collar and not white-collar because the pay is not enough to support inflated living
- Chamath’s view is that supply-side recession will trigger demand-side recession
- Retrospective::
- One week ago: August 2nd, 2022
- One month ago: July 8th, 2022
- One quarter ago: May 8th, 2022
- One year ago: August 8th, 2021