Billionaire VC Warns Fed Stimulus Risks Triggering "Deflationary Supercycle" That Could Crush Main Street

May 12th 2020 3:45pm EDT

Billionaire VC Warns Fed Stimulus Risks Triggering “Deflationary Supercycle” That Could Crush Main Street Appearing for the third time in 6 weeks, Social Capital founder and former Facebook exec Chamath Palihapitiya joined the hosts of CNBC’s “Squawk Box” for an interview Tuesday morning where he warned that the Fed’s coronavirus response will create serious long-term […]

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