
David Sacks
@DavidSacks · May 2, 2023
Told ya.
ALL-IN TOK@all_in_tok· Mar 24, 2023Despite warnings from @elonmusk, The Fed raised fed rates 25bps on Wednesday.
"I think that this move here could, in hindsight, be seen as the straw that breaks the camel's back.”
- @DavidSacks
Elon Musk
@elonmusk
The Fed is making decisions using stale data.
This is like driving a car while looking out the rear window – fine when the road is straight, but destined to crash when road is winding.
04:59 PM · May 2, 2023 · 1.8M views
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