Episode
E27: The Great Inflation Debate, Amazon gets spicy on Twitter, rethinking supply chains & more
1:14:00
Published: Sat Mar 27 2021
Description
Sacks' Inflation Deck: https://docs.google.com/presentation/d/1vBeh__Kyf57jfhWPOQXaU64VdLaowQBAHwXjBzuVSPs/edit?usp=sharing Follow the besties: https://twitter.com/chamath https://linktr.ee/calacanis https://twitter.com/DavidSacks https://twitter.com/friedberg Follow the pod: https://twitter.com/theallinpod https://linktr.ee/allinpodcast Intro Music Credit: https://rb.gy/tppkzl https://twitter.com/yung_spielburg Referenced in the show: Tweets https://twitter.com/davehclark/status/1375045409542823939 https://twitter.com/BernieSanders/status/1374901873484967938 https://twitter.com/Mat_Yarger/status/1374212541367345155 https://twitter.com/Mat_Yarger/status/1375163739759116297 https://twitter.com/Jason/status/1375488265915002883 https://twitter.com/chamath/status/1375244032230625281 https://twitter.com/DavidSacks/status/1375283834711777282 https://twitter.com/chamath/status/1375484528559448064 Bitclout https://rb.gy/sjtjzy Show Notes: 0:00 Besties get ready to rumble & discuss recent Twitter polls 7:25 Debating inflation, Sacks presents his deck 37:20 Amazon social team goes on the offensive, Facebook's regulatory capture play around content moderation 48:42 Suez Canal, rethinking our centralized infrastructure & supply chain risk management, infrastructure bill concerns 1:00:18 Microsoft in talks to buy Discord for $10B, Sacks on SaaS exits from Yammer experience 1:02:49 Poker talk, going to the movies, Disneyland, EU incompetence
Chapters
The All In podcast welcomes Chamath Palihapitiya and David Sacks as they engage in a friendly debate about the future of Silicon Valley, the COVID-19 pandemic, and the political landscape in the US.
00:00 - 00:44 (00:44)
Summary
The All In podcast welcomes Chamath Palihapitiya and David Sacks as they engage in a friendly debate about the future of Silicon Valley, the COVID-19 pandemic, and the political landscape in the US.
EpisodeE27: The Great Inflation Debate, Amazon gets spicy on Twitter, rethinking supply chains & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The speaker discusses how politicians use Twitter polls to their advantage and mentions the names of those he represents.
00:44 - 03:57 (03:12)
Summary
The speaker discusses how politicians use Twitter polls to their advantage and mentions the names of those he represents.
EpisodeE27: The Great Inflation Debate, Amazon gets spicy on Twitter, rethinking supply chains & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The speaker gets into an argument with others about measuring leg circumference, and challenges them to provide a standard way of measuring.
03:57 - 07:25 (03:27)
Summary
The speaker gets into an argument with others about measuring leg circumference, and challenges them to provide a standard way of measuring. The conversation ends with a joke about getting into a fight.
EpisodeE27: The Great Inflation Debate, Amazon gets spicy on Twitter, rethinking supply chains & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The consumption patterns and income distributions of a large population play a crucial role in driving different consumption behaviors that ultimately lead to inflation.
07:25 - 13:20 (05:54)
Summary
The consumption patterns and income distributions of a large population play a crucial role in driving different consumption behaviors that ultimately lead to inflation. Commodity prices and consumption went up, leading to the increase in inflation, which was influenced by giving people higher income and making them more likely to consume more.
EpisodeE27: The Great Inflation Debate, Amazon gets spicy on Twitter, rethinking supply chains & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The speaker questions whether 1979 was a good year, citing the gas pump lines and severe recession that began that year.
13:20 - 15:07 (01:47)
Summary
The speaker questions whether 1979 was a good year, citing the gas pump lines and severe recession that began that year.
EpisodeE27: The Great Inflation Debate, Amazon gets spicy on Twitter, rethinking supply chains & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The podcast discusses how government spending, such as stimulus packages proposed by Biden, can impact the economy and wealth creation.
15:07 - 20:01 (04:54)
Summary
The podcast discusses how government spending, such as stimulus packages proposed by Biden, can impact the economy and wealth creation. The hosts also reflect on past decisions, including George Bush's choice to allow China into the WTO, and how they have affected the economy over time.
EpisodeE27: The Great Inflation Debate, Amazon gets spicy on Twitter, rethinking supply chains & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The speaker discusses the challenges of globalization and the possibility that governments may become less important in the 21st century, leading to a shift in power dynamics between countries and companies.
20:01 - 27:05 (07:03)
Summary
The speaker discusses the challenges of globalization and the possibility that governments may become less important in the 21st century, leading to a shift in power dynamics between countries and companies. While globalization has transformed the way businesses operate, it has also had negative effects on the average American worker.
EpisodeE27: The Great Inflation Debate, Amazon gets spicy on Twitter, rethinking supply chains & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
Two individuals debate about their beliefs on how to alleviate poverty and close the wealth gap in society.
27:05 - 31:14 (04:09)
Summary
Two individuals debate about their beliefs on how to alleviate poverty and close the wealth gap in society.
EpisodeE27: The Great Inflation Debate, Amazon gets spicy on Twitter, rethinking supply chains & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The speaker questions the difference between 2%, 2.5%, and 3% GDP growth rate in terms of our experiences and what we are optimizing for, pointing out that no one remembers the interest rates for buying a home in a modern era when mortgage rates were over 6.5%.
31:14 - 36:48 (05:33)
Summary
The speaker questions the difference between 2%, 2.5%, and 3% GDP growth rate in terms of our experiences and what we are optimizing for, pointing out that no one remembers the interest rates for buying a home in a modern era when mortgage rates were over 6.5%.
EpisodeE27: The Great Inflation Debate, Amazon gets spicy on Twitter, rethinking supply chains & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
Big Tech is telling the government to tell them what to do because they made their decisions and are ready to get back to work.
36:48 - 40:00 (03:11)
Summary
Big Tech is telling the government to tell them what to do because they made their decisions and are ready to get back to work. Meanwhile, economic booms are criticized for making the rich, richer.
EpisodeE27: The Great Inflation Debate, Amazon gets spicy on Twitter, rethinking supply chains & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The discussion covers the need to change Section 230 to require social media sites engaging in content moderation to gain Section 230 protection, Jeff Bezos' opposition to workers' unions, and the importance of addressing adversarial countries such as Russia and China.
40:00 - 44:26 (04:26)
Summary
The discussion covers the need to change Section 230 to require social media sites engaging in content moderation to gain Section 230 protection, Jeff Bezos' opposition to workers' unions, and the importance of addressing adversarial countries such as Russia and China. Additionally, the senator is questioned about why the minimum wage in Vermont remains so low despite his long tenure as a politician.
EpisodeE27: The Great Inflation Debate, Amazon gets spicy on Twitter, rethinking supply chains & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The speaker discusses forking the blockchain, quantifying trust, and reputation as a way to work around the pulling up the ladder effect of social media censorship, specifically Facebook and Twitter.
44:26 - 48:50 (04:24)
Summary
The speaker discusses forking the blockchain, quantifying trust, and reputation as a way to work around the pulling up the ladder effect of social media censorship, specifically Facebook and Twitter. The speaker encourages using the First Amendment case law as an external standard rather than having the power to decide who has access to the public forum.
EpisodeE27: The Great Inflation Debate, Amazon gets spicy on Twitter, rethinking supply chains & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The 21st century offers an opportunity to shift the sources of production and power in a more distributed way, reducing the impact of global disruptions such as the recent Suez Canal blockage.
48:50 - 54:31 (05:40)
Summary
The 21st century offers an opportunity to shift the sources of production and power in a more distributed way, reducing the impact of global disruptions such as the recent Suez Canal blockage. Durability in industry and supply chains is key to this shift, promoting resilience and stability in the face of challenges.
EpisodeE27: The Great Inflation Debate, Amazon gets spicy on Twitter, rethinking supply chains & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The focus of an ideal infrastructure program is to enable industry, not create short term jobs that don't have a long term effect.
54:31 - 1:02:52 (08:21)
Summary
The focus of an ideal infrastructure program is to enable industry, not create short term jobs that don't have a long term effect. For example, building copper and nickel mines can be more beneficial than just building roads and service contracts.
EpisodeE27: The Great Inflation Debate, Amazon gets spicy on Twitter, rethinking supply chains & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
A parent takes their kids to a movie theater for a special experience and checks out a high-end theater.
1:02:52 - 1:06:26 (03:33)
Summary
A parent takes their kids to a movie theater for a special experience and checks out a high-end theater. The high-end theater charges $200 and offers a button to call a waiter, while the parent opted for a more affordable experience for their kids.
EpisodeE27: The Great Inflation Debate, Amazon gets spicy on Twitter, rethinking supply chains & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The speaker discusses how the lack of scientific rigor and understanding can be seen in political decision-making, citing examples of Biden's May 1st vaccine date and concerns over infrastructure spending.
1:06:26 - 1:12:09 (05:43)
Summary
The speaker discusses how the lack of scientific rigor and understanding can be seen in political decision-making, citing examples of Biden's May 1st vaccine date and concerns over infrastructure spending.
EpisodeE27: The Great Inflation Debate, Amazon gets spicy on Twitter, rethinking supply chains & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The speaker discusses how sexual tension can lead to infidelity in relationships and advises someone to tell a person to kick their partner out of the house to avoid cheating.
1:12:09 - 1:13:42 (01:32)
Summary
The speaker discusses how sexual tension can lead to infidelity in relationships and advises someone to tell a person to kick their partner out of the house to avoid cheating.