Tomasz Tunguz

@tomasz

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80 Followers

only way out is to cut rates, inflate, make the debt burden less & ride out inflation as best we can. either that or bet on Gen AI doubling GDP to 5% growth for the next 10 years

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imo, the only way out is to inflate. if we raise taxes, the debt/gdp ratio goes way too high because higher taxes reduce the gdp. the deficit is so high because of the high interest rates. money is flooding the treasury for QE & because of the recent bank runs (consumers moving money from banks into money market).

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airdrops are really expensive as CAC https://tomtunguz.com/tokens-as-cac/ 4-7x more expensive than venture dollars used to pay for ads / salespeople

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agree. these are awesome books. i thought there was a real risk of the dollar losing reserve currency status if the petrodollar regime doesn't hold up. if the world doesn't need to buy dollars to buy oil, then who buys the treasuries we're going to need to sell to fund our debt? but the USD remains the safest asset.

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i think the homeschooling movement is easy to ignore but a real movement (https://www.nheri.org/how-many-homeschool-students-are-there-in-the-united-states-during-the-2021-2022-school-year/). a big driver of this are things like khan academy, adaptive testing online, & standardized tests.

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i like taskwarrior

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