Powell

2 statements across 2 episodes · 0 bullish · 2 bearish · 1 people on the record · first statement Jul 29, 2022 by David Sacks · across every show →

Everything said about Powell, oldest first

Jul 29, 2022 negative
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
Aug 29, 2025 negative
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
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