Shervin Pishevar believes Fed has overstepped bounds

In the world of tech venture capital, few names stand out like that of Shervin Pishevar. As the founder and CEO of Investment company, Shervin Pishevar has been behind the founding of some of the most renowned names in Silicon Valley. Projects on which Shervin Pishevar has provided crucial early-round financing include names like Airbnb, Uber and Virgin Hyperloop. As an entrepreneur in his own right, Shervin Pishevar has also personally founded companies like WebOS, Social Gaming Network and Ionside.

Somehow, he still finds time to operate one of the most frequented Twitter feeds in the industry. When he has time, Pishevar holds forth on a wide variety of topics. His favorite topics to address are the role that technology plays in the United States and the realities of the current U.S. economic situation.

On that latter subject, Pishevar has a great deal to say about the radical experiments in monetary policy that the Federal Reserve, like so many of its central banking counterparts around the world, has undertaken. Pishevar believes that the central bank has overstepped its bounds considerably. And this, he says, may lead to catastrophic consequences for the economy as a whole.

Pishevar believes that the bank has caused what amounts to a fake economic recovery. By flooding the markets with money and credit, the central bank has created massive amounts of asset inflation. This has only served to further enrich the top 1 percent of earners while making it ever more difficult for the average American. One example that Pishevar gives is the housing market. Many cities across the country now have housing markets that are so overheated that the average earner would have to work for more hours than the typical person is awake in a week in order to afford the city’s median home.

This, says Pishevar, is indicative of a market that is totally unsustainable. He foresees a serious correction that will come in the next one to two years. And Pishevar doesn’t mince words when he says that the resulting pain will be attributable solely to the unrestrained policies of the country’s central bank.

https://angel.co/shervin

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The Life And Times Of Louis Chenevert

Louis Chenevert was born in Canada to a middle class family who worked hard to earn their money. He became interested in business and thought that this was something he could do. He attended the HEC Montréal Business School at the University of Montréal and earned the degree he sought. Upon graduation, he got a job at General Motors where he worked for over 14 years. He quickly rose up the ranks in the company and became one of their executives in charge of the assembly line. His tenacity and perseverance allowed him to increase productivity at the plant to where they were putting a vehicle together in less than one minute.

After he felt that he had accomplished all that he could at GM, he moved on to the aerospace industry as recommended by a friend. He got a position at Pratt & Whitney Canada. This move allowed him to find his niche in the business world. He continued to work in this field until his retirement. He moved from company to company for several years until he was offered the position of chairman of UTC. This company works in the aerospace industry as well as other technological fields. They are involved in producing large engines for HVAC systems and much more.

When Louis Chenevert retired in 2014, he knew that he could not just stay at home and do nothing. He began working with different charities throughout his hometown and dedicated his time and money to many causes. He has earned numerous awards for his philanthropic work over the years. He also began working as an advisor to Goldman Sachs Corporation and continues to do that to this day. He is still officially retired but does this work on a part time basis. Louis Chenevert may never completely stop working and many people look forward to seeing what his next project will be.

https://affiliatedork.com/how-former-ceo-louis-chenevert-helped-utc-become-a-global-force