Rising Prices, Inflation
Chamath and Jason discuss the current state of the economy, highlighting the significant rise in commodity prices and shortages. They delve into the impact on wages, with Chipotle raising their minimum wage to $15 and Uber drivers in New York earning $38 an hour. The conversation explores the decoupling of government institutions responsible for fiscal stability and the capital markets, leading to potential inflation. They emphasize the need to reopen and address the rising prices before the capital markets take control.In this clip
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