Billionaire venture capitalist Chamath Palihapitiya says economic conditions will force Fed Chair Jerome Powell to cut rates more than once. In a new episode of the All-In Podcast, Palihapitiya says he expects the economy to shrink based on data that Americans have spent all their savings. According to the Social Capital CEO, people relying on The post Billionaire Chamath Palihapitiya Says Fed Under Pressure To Aggressively Cut Interest Rates – Here’s Why appeared first on The Daily Hodl .