Trying something new. Let's see how it goes! AMA about the economy!

🇧🇷🇺🇸 - Book: Making Things Think: https://holloway.com/mtt .Investor in Wander, Carry, Footprint, Merkle Manufactory (Farcaster), Dynamic, Paragraph

what is the most overlooked economic story of the year?

do you agree with Chamath that the US dollar will always reign supreme? why or why not?

if you could revolutionize the Fed, how would you do it?

helping build farcaster | surfing @ venice, ca | eating @ gjusta / gjelina | “lucky me, lucky mud”

I think this is the best question here 

The most overlooked economic story is the fall of China's economy. They are making so many mistakes that will hurt them in the long run. Short-term they have the zero-covid policy. Their housing market is extremely bloated. There is a very negative view in the world towards them

I'm a bit biased here because I disagree with Chamath with a ton of his opinions. I think he is partially right, partially wrong. I think that he is right that the dollar is stronger than other currencies. I think that the Milkshake theory shows that.

I think that even though the dollar might be the strongest, I think we will see the dollar have smaller relevance percentage-wise of the basket of currencies. We are transitioning to a multi-polar world

In regards to the Fed, in the short-run I would fire Powell immediately. Even though there was some controversy, I would hire the former Dallas Fed President Rob Kaplan

Maybe in the long-run we won't need a Fed 😉

Companies are moving their supply chain out of China. Their natality rate is really low. It seems to me that China is in a bubble. That's similar to Japan in the 70/80s and Southeast Asian in the 90s.