Powell

person on 1 show · 2 statements across 2 episodes

All-In

2 statements about Powell, every show

ALL-IN Assertion Supported
Sacks: Powell initiated 50-bps rate cut after Elizabeth Warren demanded it
“Powell started the rate cutting cycle last fall with a 50 basis point cut right before the election shortly after Elizabeth Warren sent him a letter demanding a cut.”
David Sacks Aug 29, 2025 ▶ 28:00 Trump Takes On the Fed, US-Intel Deal, Why Bankruptcies Are Up, OpenAI's Longevity Breakthrough
ALL-IN Prediction Not checkable as stated
Sacks: Excessive Fed tightening will cause a serious recession
“The reality is we do not want Powell tightening more than he should or more than is necessary to solve inflation because it will cause a serious recession.”
David Sacks Jul 29, 2022 ▶ 17:31 E89: GDP growth negative in Q2, $SHOP layoffs, Alzheimer's fraud, Ginkgo acquires Zymergen & more

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