Panic led to lockdowns. Lockdowns led to fiscal stimulus. Stimulus led to inflation. Inflation led to monetary tightening. Tightening leads to recess… - Naval Ravikant

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Panic led to lockdowns. Lockdowns led to fiscal stimulus. Stimulus led to inflation. Inflation led to monetary tightening. Tightening leads to recession.

The panic wasn’t free - and the bill is coming due.

English
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About Naval Ravikant

Naval Ravikant (born November 5, 1974) is an Indian-born American entrepreneur and investor. He is the co-founder and chairman of AngelList, a platform for startups, investors, and job seekers. He is an angel investor who has made early-stage investments in companies including Uber, Twitter, Postmates, and Yammer. Ravikant is a recipient of the Edmund Hillary Fellowship. He also co-hosts a podcast with Brett Hall.

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