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<v Speaker 1>When when Doge starts pulling these strings, there's a certain

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<v Speaker 1>group of people who emerge like prairie dogs boop, the

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<v Speaker 1>little heads pop up to complain. Those are the deep

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<v Speaker 1>state operatives. Now maybe there'll be some exceptions, but I

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<v Speaker 1>think you're going to find out the entire architecture of

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<v Speaker 1>the bad guys, because they're the ones who are going

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<v Speaker 1>to start fighting this the hardest. As Elon Musk said

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<v Speaker 1>on X, he said, one lesson I remember from the

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<v Speaker 1>papal days, the PayPal days, He said, do you know

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<v Speaker 1>who complained the loudest, the fraudsters. There would be a

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<v Speaker 1>media over the top indignation from the fraudsters. Normal people

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<v Speaker 1>will say, quote, I think there's something wrong, but fraudsters

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<v Speaker 1>will come hot out the gate with fake outrage. Huh, fraudster,

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<v Speaker 1>fake outrage. We're looking at a rapid growth of bulugurkey.

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<v Speaker 1>We're looking at a rapid growth of the fortunities you

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<v Speaker 1>know a few that We're looking at a rapid growth

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<v Speaker 1>of clipdocacy as well.

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<v Speaker 2>Huh.

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<v Speaker 1>That feels like a coming out of the gate hot

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<v Speaker 1>with fake outrage.

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<v Speaker 3>Elon Musk, you didn't create us, aid, the United States

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<v Speaker 3>Congress did. For the American people, and sounds like Elon

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<v Speaker 3>Musk did not create USAID, he doesn't have the power

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<v Speaker 3>to destroy it, And who's gonna stop him? We are,

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<v Speaker 3>We're gonna stop him.

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<v Speaker 4>Elon Musk, you may have illegally seized power over the

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<v Speaker 4>financial payment systems of the United States Department of Treasury,

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<v Speaker 4>but you don't control the money of the American people.

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<v Speaker 3>The United States Congress does that under Article one of

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<v Speaker 3>the Constitution.

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<v Speaker 2>So it looks like Scott Adams was right that in fact,

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<v Speaker 2>all of the deep state actors are showing themselves. Jamie

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<v Speaker 2>are asking immediately sprints to a microphone, what are you

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<v Speaker 2>doing with USAI D What do you what do you

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<v Speaker 2>you think you run our budget here, that's my job,

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<v Speaker 2>Oh Congress. Congress who doesn't seem to care about ever

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<v Speaker 2>balancing a budget, doesn't seem to care about ever declared

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<v Speaker 2>hiring war or even having a vote on it or

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<v Speaker 2>a debate on it. They're totally happy. They're thrilled, in fact,

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<v Speaker 2>to give away their powers to the executive branch twenty

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<v Speaker 2>four to seven. But not when Donald Trump's in charge. No, no, no,

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<v Speaker 2>not when Elon Musk has dozed breathing down their neck,

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<v Speaker 2>and that's where we're at. That's what's happening USAID, if

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<v Speaker 2>not the head of the snake is a one of

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<v Speaker 2>the hydras, one of the major hydras, and in my opinion,

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<v Speaker 2>what it represents is the funding mechanism for the neoliberal

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<v Speaker 2>world order, which they have talked about at nauseum over

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<v Speaker 2>the past couple of years, ever since Russia decided to

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<v Speaker 2>invade Ukraine, which I might add was a direct response

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<v Speaker 2>to USAID's operations inside of Ukraine in twenty fourteen and

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<v Speaker 2>prior and after, but you get the idea. Anyways, I

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<v Speaker 2>think that this is a truly revelatory moment. I think

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<v Speaker 2>that this is really really important for people to be

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<v Speaker 2>paying attention to who it's the most outraged. People don't

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<v Speaker 2>know this, but AOC was actually plucked out of obscurity

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<v Speaker 2>and backed by a conduit or a subsidiary of USAID

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<v Speaker 2>to get her into Congress in the first place. So,

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<v Speaker 2>needless to say, she loves USAID. So does Chuck Schumer,

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<v Speaker 2>So does Hillary Clinton, so does Victoria Newland, so does

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<v Speaker 2>Chuck Schumer, all of them, all of the normal actors

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<v Speaker 2>that you would expect to love USAID do and that's

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<v Speaker 2>why you should be opposed to it. And also he

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<v Speaker 2>lied there he said that this was created by Congress.

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<v Speaker 2>Well kind of, it was created by Congress in the

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<v Speaker 2>sense that they then instructed the president to create something

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<v Speaker 2>to handle foreign aid. But what happened was in nineteen

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<v Speaker 2>sixty one JFK created via executive order the actual parameters

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<v Speaker 2>for USAID, which means that Donald Trump, via executive order

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<v Speaker 2>can modify that dramatically, if not rescinded entirely, which is

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<v Speaker 2>what I would hope he would do, as opposed to

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<v Speaker 2>funneling it off under the State Department, in which case

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<v Speaker 2>Marco Rubio is that in charge of it. So not

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<v Speaker 2>a perfect solution, but it is a step in the

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<v Speaker 2>right direction. Today I have on Jeremy Kaufman, the Legend,

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<v Speaker 2>the Psycho from New Hampshire, the Free State Project. He's great.

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<v Speaker 2>We go into some of this, we go really deep

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<v Speaker 2>on it, but we talk just about Trump's first two

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<v Speaker 2>weeks and what we're thinking about everything, where it's headed,

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<v Speaker 2>if what we should be supporting, criticizing, et cetera, et cetera.

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<v Speaker 2>It's a good conversation. I hope you guys enjoy it.

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<v Speaker 2>If you can believe it. The legends over at My

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<v Speaker 2>Pillow decided to sponsor Liberty Lockdown. I know I can't

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<v Speaker 4>When did you first learn that President Trump intends to

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<v Speaker 4>increase tariffs if Canada retaliates and how has that changed

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<v Speaker 4>your strategy.

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<v Speaker 5>I think Canadians understand that we need to respond to this.

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<v Speaker 5>We need to respond in a way that is appropriate,

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<v Speaker 5>that is measured, but force full, that meets the moment.

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<v Speaker 5>We're certainly not looking to escalate, but we will stand

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<v Speaker 5>up for Canada, for Canadians, for Canadian jobs.

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<v Speaker 2>I'm joined today by Jeremy Kaufman. He is the Free

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<v Speaker 2>State vigilante himself. Yeah, so there's I haven't had you

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<v Speaker 2>on in a bit, and the news cycle has been blistering.

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<v Speaker 2>We are in a full fledged trade war with the

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<v Speaker 2>world at this point, as best I can tell, Canada

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<v Speaker 2>and Mexico being the latest too, as well as the

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<v Speaker 2>Panama Canal. Obviously, Trump won, Trump won the White House.

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<v Speaker 2>We've got everything under the sun and more. What are

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<v Speaker 2>your thoughts? First off, I mean, just on the state

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<v Speaker 2>of the world.

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<v Speaker 6>Everything is no I can't tell. So actually this is

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<v Speaker 6>I wanted to talk to you about this, and it's

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<v Speaker 6>annoying to come on and like not and be like

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<v Speaker 6>I don't know the answer, like that's such a boring answer.

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<v Speaker 6>But they they screeched so much about Trump twenty sixteen

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<v Speaker 6>to twenty twenty, when from my perspective, he did very

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<v Speaker 6>little right and so I wasn't sure what to expect.

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<v Speaker 6>Is Trump going to do real stuff? So there's all

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<v Speaker 6>this screeching. Some of it's clearly real, like I never

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<v Speaker 6>would have thought he ended he was going to end USA,

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<v Speaker 6>Like that's amazing. But I can't tell yet how much

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<v Speaker 6>is is real. There's a ton of screeching, which is encouraging,

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<v Speaker 6>but you know, some of this was gonna happen no

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<v Speaker 6>matter what, and and so I can't tell, you know,

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<v Speaker 6>like that some of the radical stuff that that Trump

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<v Speaker 6>and Vivek and Elon were talking about, is it gonna

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<v Speaker 6>happen or not. I want to I want to kind

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<v Speaker 6>of wait and see if it's going to happen for real.

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<v Speaker 6>But the early signs are encouraging.

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<v Speaker 2>Yeah, I think I think it is happening. I mean

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<v Speaker 2>that you have h there's an announcement that the FBI

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<v Speaker 2>is going to be protesting today. The FBI agents will

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<v Speaker 2>be protesting.

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<v Speaker 6>I think without the Patriot Front masks is uh.

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<v Speaker 2>They'll actually be protesting as themselves today. But I think

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<v Speaker 2>with anticipation of Cash Mattel's confirmation hearings UH set for tomorrow. Uh,

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<v Speaker 2>I think you know, the U. S A I D

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<v Speaker 2>stuff is major. I think getting rid of all of

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<v Speaker 2>the de I stuff from the federal Departments is made.

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<v Speaker 2>I think that obviously, even though it's not it's not

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<v Speaker 2>the you know, the perfect fix, but it's something. The

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<v Speaker 2>ceasefire in Gaza has been major.

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<v Speaker 1>Uh.

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<v Speaker 2>And then I think Trump is very seriously engaged with

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<v Speaker 2>conversations with Putin to try to end the Ukraine War. Basically,

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<v Speaker 2>what I'm saying is, Jeremy, I think that Trump has

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<v Speaker 2>done almost everything good and bad that he has promised

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<v Speaker 2>in the first ten days of his second term. I mean, like,

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<v Speaker 2>whatever he can do, the executive order, he has done.

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<v Speaker 2>It's remarked totally.

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<v Speaker 6>He's totally exceeding you know, twenty sixteen to twenty twenty.

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<v Speaker 6>But you got to remember, Clint, I'm a libertarian. That

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<v Speaker 6>means I'm never happy, right, so I've never I'm same here, Okay, okay,

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<v Speaker 6>and i I'm not. I guess if you have anything,

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<v Speaker 6>it makes for entertaining conversations. So I'll play guy against

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<v Speaker 6>Trump I want, but I want to be clear. I

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<v Speaker 6>think Trump's done more already than I expected, exceeding what

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<v Speaker 6>he did in the first four years. Like there's a

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<v Speaker 6>lot to like, but to me, you know, there are

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<v Speaker 6>fundamental things like Okay, Trump, Trump fixed shower heads. The

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<v Speaker 6>fundamental problem here is we haven't we have a law

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<v Speaker 6>that says the government gets to control how many gallons

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<v Speaker 6>per minute you know, flow through your shower. It's great

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<v Speaker 6>that he's being clever and rewriting, you know, an executive order,

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<v Speaker 6>but like this fundamentally isn't the way that that that

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<v Speaker 6>government should work, right, Like, we are still going with

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<v Speaker 6>nine eighty to ninety percent of the federal budget is entitlements,

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<v Speaker 6>you know, defense funding, et cetera. Right, Like, it's great

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<v Speaker 6>to end the DEI it's great to end some of

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<v Speaker 6>the terrible enforcement of these agencies. Is the budget going

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<v Speaker 6>to actually get balanced? Are we going to actually rein

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<v Speaker 6>in some of these programs? You know? Y Like you

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<v Speaker 6>gotta remember, like and again, this isn't me. I don't

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<v Speaker 6>think I didn't. I don't think Trump was ever going

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<v Speaker 6>to do this stuff. I want to be clear, Like

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<v Speaker 6>I want a government that's a tenth the size that

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<v Speaker 6>it is, right, I want a government that's a smaller

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<v Speaker 6>than a temphesize that it is. You know, So, so

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<v Speaker 6>you know I think that that these It's great that

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<v Speaker 6>Trump won. I voted for Trump, I endorsed him heavily.

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<v Speaker 6>I am encouraged by what's happening, but like, will how

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<v Speaker 6>many how many like fundamental things are going to ultimately

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<v Speaker 6>end up fixed here? And and that's still a question,

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<v Speaker 6>Like already again, I want to be clear, it's encouraging,

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<v Speaker 6>but it's important, I think, to remember that ultimately we

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<v Speaker 6>want these fundamental things to actually be fixed, right, you know,

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<v Speaker 6>like it's like the I R. S is white man

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<v Speaker 6>now instead of.

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<v Speaker 2>Progress. No, I agree, I agree that that's definitely not

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<v Speaker 2>what I'm looking for. I mean, I think that the

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<v Speaker 2>reality basically what I'm saying is And yes, I am

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<v Speaker 2>a you know, perennially discontented, as all libertarians are. However,

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<v Speaker 2>I'm just I'm just contrasting this to our prior experiences,

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<v Speaker 2>and it's it's so I mean, it's just it's unbelievable.

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<v Speaker 2>I've genuinely I've never seen anything like it. I've never

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<v Speaker 2>had a first two weeks of a presidency that made

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<v Speaker 2>me feel as if there was any hope, you know,

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<v Speaker 2>and and well well well Trump, well Trump has done

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<v Speaker 2>a bunch of things that I don't like. He has

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<v Speaker 2>just done a lot and like really done it. And

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<v Speaker 2>I think that's what that's what is most you know,

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<v Speaker 2>inspiring to me is that there's just it gives me

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<v Speaker 2>a chance. The reason I vote, I broke down and

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<v Speaker 2>I ended up voting for Trump is because proxy wars

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<v Speaker 2>with nuclear powers, thirty seven trillion dollars in debt, and

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<v Speaker 2>it's like, you need dramatic action. You need someone to

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<v Speaker 2>intercede on behalf of the American people, on behalf of

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<v Speaker 2>the of the world and say, all right, I'm going

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<v Speaker 2>to negotiate peace here, and I'm going to get our

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<v Speaker 2>budget in order. It seems as if he has a

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<v Speaker 2>plan for that, whether or not it actually works out,

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<v Speaker 2>whether or not, like and also he's doing everything he

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<v Speaker 2>can do via executive order. A lot of this if

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<v Speaker 2>like you're talking about like real fixes, real fixes, is

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<v Speaker 2>going to require legislation for much of this, and will

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<v Speaker 2>he be able to get that passed. I'm doubtful.

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<v Speaker 6>So well, I think a lot of it's a better

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<v Speaker 6>team in terms of in terms of the better stuff

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<v Speaker 6>that's happening, in terms of reigning and spending and all

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<v Speaker 6>of this stuff. I think that's a better team around him.

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<v Speaker 6>He always I was, even twenty sixteen to twenty twenty,

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<v Speaker 6>you know, a kind of scary guy to sit against,

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<v Speaker 6>sit across the negotiation table with you're like Trump representing

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<v Speaker 6>the country is That's actually something I would have always

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<v Speaker 6>rated him very highly on in the sense, not in

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<v Speaker 6>the sense of everything he necessarily did, be in the

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<v Speaker 6>sense that this is a guy who he's representing, you know,

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<v Speaker 6>my people. Would I be intimidated to sit the cous

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<v Speaker 6>with this person and have to deal with them like

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<v Speaker 6>I wouldn't want to deal with them. And there's a

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<v Speaker 6>sense that you want that, right, you want an asshole, sure,

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<v Speaker 6>But it's these kinds of you know what, it's these

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<v Speaker 6>kinds of situation. And another big point here I will say,

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<v Speaker 6>like you know, I'm I'm against all the spending. I

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<v Speaker 6>don't want I don't want the welfare spending, the entitlement spending,

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<v Speaker 6>all this stuff. But there is a sense also in

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<v Speaker 6>which a dollar that is you know, going to you know,

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<v Speaker 6>Section eight housing actually is preferable to a dollar that's

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<v Speaker 6>going to USAID, which is like literally, you know, trying

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<v Speaker 6>to achieve the worst things in the world, like the

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<v Speaker 6>opposite of the direction that I want the world to

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<v Speaker 6>go in. And here this is tax money that's being

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<v Speaker 6>spent to push not just my country but the world

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<v Speaker 6>the opposite of the direction that I want, you know,

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<v Speaker 6>the world to be going in. So there's a sense

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<v Speaker 6>in which like that is the worst, like of all

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<v Speaker 6>the dollars to get cut from the government, this is

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<v Speaker 6>among the best, the best types of dollars to be getting,

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<v Speaker 6>you know, to be getting cut.

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<v Speaker 2>I agree. I mean it's it's basically like, I don't know,

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<v Speaker 2>taking dollars away from the war machine or the irs

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<v Speaker 2>or all of the above. I mean, USAID is very

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<v Speaker 2>bad for those that aren't familiar like USAAD. First off,

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<v Speaker 2>it was created under JFK, and it was basically a

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<v Speaker 2>I guess kind of like a blanket funding system to

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<v Speaker 2>try and encompass what the CIA wanted to be doing

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<v Speaker 2>and the State Department wanted to be doing. So there

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<v Speaker 2>wasn't overlaps that would kind of streamline the funding. But

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<v Speaker 2>I think the thing that people don't talk about what

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<v Speaker 2>it really enabled was for the government to do things

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<v Speaker 2>that it can't do constitutionally. That like you you send

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<v Speaker 2>off funds to NGOs which all of a sudden are

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<v Speaker 2>not under the purview of you know, governmental oversight or

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<v Speaker 2>or actual uh legal rules. And I think that's that's

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<v Speaker 2>Basically what they did through the COVID censorship era too

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<v Speaker 2>is like, oh well, we're the federal government, we can't

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<v Speaker 2>censor you. We'll just pressure big tech to do it.

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<v Speaker 2>And that's kind of what they do with the NGOs

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<v Speaker 2>through us A D. If if it is true, I mean,

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<v Speaker 2>for as of now, just to you know, slow a

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<v Speaker 2>role here, as of now, the plan is to roll

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<v Speaker 2>us A I D into the State Department, which then

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<v Speaker 2>has Marco Rubio running it. That isn't you know, the

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<v Speaker 2>dramatic improvement I want. I wanted to bolish obviously, but.

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<v Speaker 6>And then and this is where you have to you

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<v Speaker 6>have Ultimately it's gonna and it's so unfortunate. I know,

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<v Speaker 6>this is like an anathema to the modern era. But

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<v Speaker 6>like we're gonna have to wait and see, right, it's

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<v Speaker 6>gonna take It's gonna take Bunster years to see which

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<v Speaker 6>of this stuff you know, you know, actually actually happen.

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<v Speaker 6>I mean, because to do what needs to be done,

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<v Speaker 6>you know, it is it is a substantial task, you know,

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<v Speaker 6>I want to be clear, it's like a it's a

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<v Speaker 6>it's a like you know, borderline impossible task. This is

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<v Speaker 6>another this is another part of the picture. I think

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<v Speaker 6>it is so important to remember, Like I'm not a

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<v Speaker 6>Zuckerberg defender. I'll make it, but I'll make an analogy

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<v Speaker 6>here I maybe am compared to some people. It's like,

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<v Speaker 6>when you're the CEO, you don't have the ability to

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<v Speaker 6>like unilaterally make ten thousand people march or in this case,

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<v Speaker 6>two million or three million people bureaucrats working for the

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<v Speaker 6>federal government. Like, if if ninety percent of your workforce,

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<v Speaker 6>you know, wants to subvert you, you you can't really like, okay, workforce,

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<v Speaker 6>like do that. Like it takes it. It takes a

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<v Speaker 6>long time to get that workforce to turn and reority.

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<v Speaker 6>You're gonna have to spend months firing people, making examples

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<v Speaker 6>of people like it's not you know, like so and

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<v Speaker 6>you can see from the posts on our fed news

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<v Speaker 6>on Reddit and all the and the posts that are

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<v Speaker 6>making on the social media, like there is a real

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<v Speaker 6>entrenched force here that it's going to oppose things. And so,

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<v Speaker 6>you know, how does that how does that play out?

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<v Speaker 6>Because the orders won't be enough. The orders are moved one.

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<v Speaker 6>The orders are step one, You've now got nine steps

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<v Speaker 6>behind that to actually make sure that this stuff gets

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<v Speaker 6>you know seen through that that people aren't subverting you,

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<v Speaker 6>that the wrong people are leaving, that you know, the

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<v Speaker 6>right people are getting put into place, you know, and

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<v Speaker 6>so on and so forth.

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<v Speaker 2>Well this is this is actually why I'm so hopeful

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<v Speaker 2>is because what you just described was like, well, you

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<v Speaker 2>have to have a team, you have to have backup

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<v Speaker 2>that's going to implement what you want, which Trump did

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<v Speaker 2>not have at all. Term one, A lot of people

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<v Speaker 2>were very hesitant or skeptical of DOGE, Like the Department

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<v Speaker 2>of Governmental Efficiency, This sounds like this, you know, performative

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<v Speaker 2>toothless nothing burger. Sure, Elon and Vivek are going to

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<v Speaker 2>be involved, and I like those guys, but you know

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<v Speaker 2>it's not gonna have teeth. Look what happened over the

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<v Speaker 2>past forty eight hours was massive. I mean, what what

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<v Speaker 2>Elon was doing was he was just quote tweeting all

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<v Speaker 2>of the most scandalous stories from USA, AI D. What

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<v Speaker 2>I think, what I think we saw is the teeth

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<v Speaker 2>of DOGE that he's just going to run a negative

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<v Speaker 2>PR campaign against any department that he finds that is,

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<v Speaker 2>you know, spending in an insane fashion, and then he's

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<v Speaker 2>going to use that as the fuel to get action

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<v Speaker 2>to actually see cuts and see reforms. And I think

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<v Speaker 2>it's going to work. I mean so far as you

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<v Speaker 2>as you've said many times, this is TBD. It's you know,

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<v Speaker 2>we'll see.

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<v Speaker 6>Yeah, well I could tell you, but goes to the

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<v Speaker 6>very serious effort. I I don't think I can get

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<v Speaker 6>in any trouble for talking about this. I was pretty

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<v Speaker 6>far in the application process I talked to this. I

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<v Speaker 6>don't want to name all the names, but I was

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<v Speaker 6>pretty I made it pretty far. I'm assuming I didn't

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<v Speaker 6>get this one, but I went through like they had me.

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<v Speaker 6>They you know, they contacted me and spontaneously gave me

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<v Speaker 6>like thirty six hours to prepare a detailed presentation on

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<v Speaker 6>a randomly assigned government department. Uh, you know. And they

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<v Speaker 6>were looking for people who, you know, who could deliver

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<v Speaker 6>very serious, high quality knowledge and recommendations like this. It's

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<v Speaker 6>it's and I think this was part of the problem

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<v Speaker 6>with Trump. He's a good negotiator, he's a good marketer,

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<v Speaker 6>you know. He he's not really like a details kind

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<v Speaker 6>of person, I don't think. And and to to dismantle

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<v Speaker 6>like this, it takes. It takes some serious, serious effort

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<v Speaker 6>and serious detail oriented knowledge that is I think actually

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<v Speaker 6>much more of the engineering mindset. And this is where

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<v Speaker 6>you know, Muskie is going to put in a bunch

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<v Speaker 6>of like a bunch of like autistic dudes who are

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<v Speaker 6>going to obsess over this stuff, and like it's massive,

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<v Speaker 6>there's so much there. I mean, I have a bit.

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<v Speaker 6>I have a bit of this myself. I've spent some

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<v Speaker 6>of my time, you know, And so I think they

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<v Speaker 6>put I think that this is the kind of they're

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<v Speaker 6>putting some real people there who are going to really

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<v Speaker 6>understand these things and try to make real changes at least.

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<v Speaker 6>That's yeah, that's up.

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<v Speaker 2>Yeah, But I mean my point is it's not just tinkering.

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<v Speaker 2>You know, Like first off, Elon's been very public with

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<v Speaker 2>all right, we need to cut four billion a day

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<v Speaker 2>like that that'll be enough to balance the budget. And

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<v Speaker 2>he's like, as of this weekend, we are on track

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<v Speaker 2>for that. That's his claim. You know, this this is

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<v Speaker 2>all TVD, But like, I think he understands that to

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<v Speaker 2>a certain extent, his reputation is tied to these achievements too,

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<v Speaker 2>because we are kind of voting for Trump and Elon

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<v Speaker 2>and Vivek and RFK and Tulsi and Cash and All

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<v Speaker 2>of these people kind of all have their reputations tied

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<v Speaker 2>up into this, and I think that if any of

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<v Speaker 2>them don't perform as they're all being tasked with certain

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<v Speaker 2>subcategories of responsibilities underneath Trump, well then they're going to

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<v Speaker 2>be held to account, which Vivek has already bailed on

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<v Speaker 2>Doge it seems, but the rest of them are still

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<v Speaker 2>kind of in their slots. I just think it's very

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<v Speaker 2>it's a very interesting. Really it's a revolutionary way of

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<v Speaker 2>going about governance in America. I go, I've never seen it.

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<v Speaker 2>I've never seen and also I've never seen a president

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<v Speaker 2>on the campaign trail, you know, negotiate across the aisle,

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<v Speaker 2>get agreements and then actually do what they agreed to.

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<v Speaker 2>I mean, he didn't have to put Rfk Junior into HHS.

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<v Speaker 2>He didn't have to put Tulsi Gabbert as d and I.

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<v Speaker 2>He didn't have to free ross albrig He didn't have

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<v Speaker 2>to you know, like that, all of these things. Like

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<v Speaker 2>the point I really want to get across. This is

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<v Speaker 2>his second term. He doesn't have another presidency. He could

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<v Speaker 2>have just stiffed all of us. He could have he

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<v Speaker 2>could have got in there and said all right, John Bolton,

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<v Speaker 2>get back in here, Marco RUBI will get back in here.

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<v Speaker 2>And that's it. Like I'm giving you no no progress whatsoever.

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<v Speaker 2>But he followed through on all of it. I'm just curious.

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<v Speaker 2>Why do you think he did.

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<v Speaker 6>So i'mmirring on Trump is that he he is not

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<v Speaker 6>He's not very ideological, he doesn't have very many he

402
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<v Speaker 6>doesn't have much of a sort of sincere political philosophy.

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<v Speaker 6>To the extent that he does. It is you know,

404
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<v Speaker 6>it's it's one I first I should be the best

405
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<v Speaker 6>right you personally, and then but then therefore also everything

406
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<v Speaker 6>associated with me is the best of my country, you know,

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<v Speaker 6>my companies and so on and so forth, and then

408
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<v Speaker 6>like it's a very much you know who has helped

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<v Speaker 6>me and and who has been against me? And so

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<v Speaker 6>he is someone who I think you stands by people

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<v Speaker 6>who have stood by him. He's very sort of your

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<v Speaker 6>loyalty oriented. And so these are people who who were

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<v Speaker 6>loyal to him, right, these are people worked with him.

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<v Speaker 6>And I think it is I think he's someone who

415
00:21:03.119 --> 00:21:06.079
<v Speaker 6>who isn't going to betray that. I do think your thing,

416
00:21:06.160 --> 00:21:08.839
<v Speaker 6>for exactle, like the pardoning of Ross is substantially. It's

417
00:21:08.880 --> 00:21:10.480
<v Speaker 6>kind of an older form of politics, right, this is

418
00:21:10.480 --> 00:21:12.720
<v Speaker 6>the way the politics used to work in the you know,

419
00:21:12.759 --> 00:21:16.079
<v Speaker 6>one hundred years ago. It's like okay, okay, faction like

420
00:21:16.119 --> 00:21:19.240
<v Speaker 6>if you deliver your votes like it's a it's a patronage,

421
00:21:19.240 --> 00:21:22.200
<v Speaker 6>you know, kind of an agreement. But I think that's

422
00:21:22.200 --> 00:21:24.359
<v Speaker 6>his style. He's a salesman, he's a deal maker, you know,

423
00:21:24.480 --> 00:21:26.640
<v Speaker 6>and he but he wants to honor the deals that

424
00:21:26.680 --> 00:21:28.279
<v Speaker 6>he makes. I do think he wants to do that.

425
00:21:28.319 --> 00:21:29.599
<v Speaker 6>And so that's it's as simple as sepp.

426
00:21:30.119 --> 00:21:33.160
<v Speaker 2>Yeah, but it's it just it shocked me. You know,

427
00:21:33.200 --> 00:21:36.519
<v Speaker 2>if this was his first presidency he had re election,

428
00:21:37.160 --> 00:21:42.759
<v Speaker 2>I could understand, you know, him him definitely falling through this.

429
00:21:42.200 --> 00:21:45.279
<v Speaker 6>As a why so like again, and I'm not trying

430
00:21:45.279 --> 00:21:47.880
<v Speaker 6>to hear. I feel like I'm like partially roll planning

431
00:21:47.920 --> 00:21:50.559
<v Speaker 6>a pessimist here because I'm actually more of an optimist

432
00:21:50.640 --> 00:21:54.160
<v Speaker 6>by disposition. But you know, one way this stuff could

433
00:21:54.240 --> 00:21:57.880
<v Speaker 6>kind of go off the rails is your Musk is

434
00:21:57.960 --> 00:22:00.440
<v Speaker 6>going to keep pushing for this stuff. I suspect Musk

435
00:22:01.319 --> 00:22:04.519
<v Speaker 6>Trump is willing to be unpopular. So I don't mean

436
00:22:04.559 --> 00:22:06.200
<v Speaker 6>to say he's not willing to unpopular things, but it's

437
00:22:06.200 --> 00:22:08.039
<v Speaker 6>a different kind of sense. And like you know, Musk

438
00:22:08.079 --> 00:22:11.279
<v Speaker 6>I think would be much more bullheaded about, you know,

439
00:22:11.319 --> 00:22:14.039
<v Speaker 6>cutting things, I think than Trump. If some of this

440
00:22:14.119 --> 00:22:19.039
<v Speaker 6>stuff is starts to upset the right people, starts to

441
00:22:19.079 --> 00:22:22.640
<v Speaker 6>generate bad optics, starts to upset people who are Trump's friends, right,

442
00:22:22.680 --> 00:22:24.799
<v Speaker 6>you know again, because Trump is like this a factional

443
00:22:24.839 --> 00:22:28.519
<v Speaker 6>allegiance based guy, you know, And so that would be

444
00:22:28.559 --> 00:22:30.799
<v Speaker 6>I think where this stuff could also you could could

445
00:22:30.920 --> 00:22:33.319
<v Speaker 6>kind of go off the roads. And I also think

446
00:22:34.039 --> 00:22:35.359
<v Speaker 6>it's got to be at least a bit of a

447
00:22:35.400 --> 00:22:38.319
<v Speaker 6>problem for Trump, Like Elon's gotta gotta walk a tightrope

448
00:22:38.319 --> 00:22:42.079
<v Speaker 6>here where he's continually like you're the president, yes, mister president,

449
00:22:42.359 --> 00:22:44.839
<v Speaker 6>like you know, because Trump's Trump's ego is going to

450
00:22:44.880 --> 00:22:47.640
<v Speaker 6>get hurt by Musk being you know, more famous and

451
00:22:47.720 --> 00:22:49.759
<v Speaker 6>more successful. You know, like like if too much of

452
00:22:49.799 --> 00:22:53.079
<v Speaker 6>the credit is going to Musk and and Doze, you know,

453
00:22:53.119 --> 00:22:55.839
<v Speaker 6>that's also gonna that This is where Trump turns on

454
00:22:55.880 --> 00:22:58.240
<v Speaker 6>his enemy on his friends. Rather, it is where his friends,

455
00:22:58.640 --> 00:23:01.079
<v Speaker 6>uh you know, start to start to outshine him a.

456
00:23:01.039 --> 00:23:04.440
<v Speaker 2>Little too much shine there, Elon. Yeah, No, I completely

457
00:23:04.440 --> 00:23:06.480
<v Speaker 2>agree with you on that. In fact, we already know

458
00:23:06.559 --> 00:23:09.640
<v Speaker 2>that because about I don't know, four or six weeks ago,

459
00:23:10.680 --> 00:23:13.400
<v Speaker 2>right after the election, when Elon was very much much

460
00:23:13.400 --> 00:23:15.759
<v Speaker 2>in the mix, you started to hear the Democrats repeating,

461
00:23:15.839 --> 00:23:19.400
<v Speaker 2>repeatedly calling him, you know, president Musk and and like

462
00:23:19.480 --> 00:23:22.480
<v Speaker 2>it's called it's obvious that they're trying to strike at

463
00:23:22.599 --> 00:23:25.319
<v Speaker 2>at Trump's ego and get him to shelve him because

464
00:23:25.359 --> 00:23:26.519
<v Speaker 2>he doesn't want to be challenged.

465
00:23:27.519 --> 00:23:29.039
<v Speaker 6>It's not a bad strategy, but I mean, I don't

466
00:23:29.039 --> 00:23:31.039
<v Speaker 6>know if it'll work because it's coming from them, But

467
00:23:31.119 --> 00:23:33.039
<v Speaker 6>otherwise I think it's like, not a bad strategy.

468
00:23:33.119 --> 00:23:35.319
<v Speaker 2>Oh no, it's It's what I would advise. I'd be like, yeah,

469
00:23:35.400 --> 00:23:37.319
<v Speaker 2>just keep hammering that Trump is in the president, just

470
00:23:37.319 --> 00:23:40.599
<v Speaker 2>say president Elon president, Like it'll it'll absolutely put a

471
00:23:40.599 --> 00:23:43.640
<v Speaker 2>wedge between them here. I I what I really want

472
00:23:43.640 --> 00:23:47.440
<v Speaker 2>to get into with you is the the trade war stuff.

473
00:23:47.799 --> 00:23:50.559
<v Speaker 2>Like I think it's very it's very interesting. I've been

474
00:23:50.599 --> 00:23:55.000
<v Speaker 2>thinking about this a lot for weeks now months, And

475
00:23:55.880 --> 00:23:59.039
<v Speaker 2>here's here's my thesis as to what what I think

476
00:23:59.079 --> 00:24:02.119
<v Speaker 2>they may be trying to do. And this is not advocacy,

477
00:24:02.160 --> 00:24:05.240
<v Speaker 2>this is just my analysis. I think that there's a

478
00:24:05.359 --> 00:24:11.599
<v Speaker 2>chance that they are genuinely accepting a multipolar order, that

479
00:24:11.640 --> 00:24:17.880
<v Speaker 2>they are most interested in hemispheric domination that they want

480
00:24:17.880 --> 00:24:19.960
<v Speaker 2>to go back to, just like we're going to dominate

481
00:24:20.000 --> 00:24:22.480
<v Speaker 2>the western hemisphere and we're not going to have anything

482
00:24:22.519 --> 00:24:25.119
<v Speaker 2>to do with the Middle East and you know Asia.

483
00:24:26.440 --> 00:24:29.480
<v Speaker 2>And I think that because you're so much in debt

484
00:24:29.599 --> 00:24:32.240
<v Speaker 2>that like if I was if I if I actually

485
00:24:32.240 --> 00:24:36.359
<v Speaker 2>had a president that was interested in solving our fiscal crisis,

486
00:24:36.720 --> 00:24:39.200
<v Speaker 2>I'd be like, Okay, how how do we how do

487
00:24:39.240 --> 00:24:42.640
<v Speaker 2>we actually migrate away? And also I'm a protectionist and

488
00:24:42.680 --> 00:24:45.640
<v Speaker 2>a nationalist, right, so my thought process would be, We're

489
00:24:45.640 --> 00:24:47.759
<v Speaker 2>going to tear if everyone into oblivion. We're going to

490
00:24:47.839 --> 00:24:50.559
<v Speaker 2>force them off the US dollar so that we I mean,

491
00:24:50.880 --> 00:24:54.680
<v Speaker 2>short term, it will strengthen the US dollar. But I

492
00:24:54.680 --> 00:24:58.960
<v Speaker 2>think that then you bring industry home, you create tear

493
00:24:59.079 --> 00:25:03.119
<v Speaker 2>tariff barrier that make domestic production, you know, more cost

494
00:25:03.240 --> 00:25:09.680
<v Speaker 2>effective and more competitive. Eventually you migrate away to some

495
00:25:09.720 --> 00:25:13.319
<v Speaker 2>sort of like I don't I don't want to say

496
00:25:13.720 --> 00:25:17.400
<v Speaker 2>asset back currency, but something something that gets us away

497
00:25:17.400 --> 00:25:19.440
<v Speaker 2>from the US dollar and puts a limit on the government.

498
00:25:19.559 --> 00:25:21.759
<v Speaker 2>Like like I'm just trying to think of like intermediate

499
00:25:21.759 --> 00:25:24.920
<v Speaker 2>to long term what would these guys be attempting to do?

500
00:25:25.000 --> 00:25:27.599
<v Speaker 2>Because I know a lot of people portray Trump's trade

501
00:25:27.880 --> 00:25:32.200
<v Speaker 2>war bomb bast as just that this is like ego battles.

502
00:25:32.640 --> 00:25:36.079
<v Speaker 2>Trudeau talk shit, you know, shine bomb in Mexico, she

503
00:25:36.119 --> 00:25:38.000
<v Speaker 2>talks shit. We're just gonna hammer these people. I'm just

504
00:25:38.039 --> 00:25:40.519
<v Speaker 2>this is all ego stuff. This seems to have a

505
00:25:40.559 --> 00:25:45.160
<v Speaker 2>more concerted plan attached to it. I'm just curious. Am

506
00:25:45.160 --> 00:25:47.839
<v Speaker 2>I giving him too much credit? What do you think

507
00:25:48.240 --> 00:25:49.079
<v Speaker 2>him specifically?

508
00:25:49.160 --> 00:25:51.359
<v Speaker 6>Again, I would say probably. I mean it's possible that

509
00:25:51.359 --> 00:25:54.559
<v Speaker 6>that's a plan that some people have Trump specifically, I mean,

510
00:25:54.599 --> 00:25:56.720
<v Speaker 6>I think, first of all, I think he does genuinely,

511
00:25:57.160 --> 00:26:00.599
<v Speaker 6>dispositionally kind of engage in a sort of market antelistic,

512
00:26:00.640 --> 00:26:03.039
<v Speaker 6>you know, kind of thinking he sees trade with somewhat

513
00:26:03.319 --> 00:26:05.960
<v Speaker 6>in a in a somewhat zero sum way. And we

514
00:26:06.000 --> 00:26:08.240
<v Speaker 6>could circle back to if there is anything to that

515
00:26:08.359 --> 00:26:10.960
<v Speaker 6>view versus the pure full you know, sort of pretty

516
00:26:10.960 --> 00:26:14.000
<v Speaker 6>margot libertarian view. But I think that's part of it.

517
00:26:14.279 --> 00:26:16.680
<v Speaker 6>I think he loves this stuff. I think I think

518
00:26:16.720 --> 00:26:18.759
<v Speaker 6>he is why he wants to be present. I think

519
00:26:18.799 --> 00:26:23.400
<v Speaker 6>he loves the idea of like of having of negotiating

520
00:26:23.400 --> 00:26:26.039
<v Speaker 6>with people and like playing bricksmanship games, and like being

521
00:26:26.119 --> 00:26:29.000
<v Speaker 6>and bringing a hammer. And I think I think a

522
00:26:29.000 --> 00:26:31.960
<v Speaker 6>big part of phim is like and he's quite possibly correct,

523
00:26:32.200 --> 00:26:34.359
<v Speaker 6>is that you can simply get stuff from other countries

524
00:26:34.400 --> 00:26:36.359
<v Speaker 6>by doing this, you know, like we we do have

525
00:26:36.440 --> 00:26:38.160
<v Speaker 6>the upper hand and a lot of these negotiations and

526
00:26:38.240 --> 00:26:40.359
<v Speaker 6>like the there was a trade war with Mexico lasted

527
00:26:40.400 --> 00:26:43.279
<v Speaker 6>about I looked up today the shortest war in world history,

528
00:26:43.279 --> 00:26:45.240
<v Speaker 6>and there's a Britain want to war in forty minutes

529
00:26:45.240 --> 00:26:47.119
<v Speaker 6>once it killed five hundred people and want to war

530
00:26:47.160 --> 00:26:49.799
<v Speaker 6>in forty minutes. So this this war went on a

531
00:26:49.799 --> 00:26:53.160
<v Speaker 6>little bit longer, uh than that. I didn't.

532
00:26:53.200 --> 00:26:56.160
<v Speaker 2>I didn't hear the notice the Mexico trade war is over.

533
00:26:56.720 --> 00:26:59.960
<v Speaker 6>It's over, okay, though, I think, am I wrong? Made?

534
00:27:00.039 --> 00:27:02.480
<v Speaker 6>And maybe update me?

535
00:27:02.559 --> 00:27:03.279
<v Speaker 2>Update me? I haven't.

536
00:27:03.720 --> 00:27:06.599
<v Speaker 6>I thought I thought that like Mexico agreed to put

537
00:27:06.640 --> 00:27:10.640
<v Speaker 6>ten thousand troops along the border, and they would. I don't.

538
00:27:10.720 --> 00:27:12.519
<v Speaker 6>I could be wrong. I could I could be wrong.

539
00:27:15.880 --> 00:27:17.720
<v Speaker 6>There's a sense in which like like you have, Trump

540
00:27:17.759 --> 00:27:20.400
<v Speaker 6>can like you know, demand this and and and get this,

541
00:27:20.599 --> 00:27:22.839
<v Speaker 6>you know, and get these kinds of kind you know,

542
00:27:22.839 --> 00:27:26.160
<v Speaker 6>he likes doing this kind of negotiating. Uh. And and

543
00:27:26.200 --> 00:27:29.400
<v Speaker 6>so I would attribute it to at least like to

544
00:27:29.400 --> 00:27:32.160
<v Speaker 6>at least somebody. Oh oh, and also the prior thinking

545
00:27:32.160 --> 00:27:34.319
<v Speaker 6>that I laid out, like there are plenty of of

546
00:27:34.319 --> 00:27:38.279
<v Speaker 6>of Trump supporting factions that want tariffs that that also

547
00:27:38.400 --> 00:27:42.119
<v Speaker 6>get you know, into like Somemby's delivering to a constituency

548
00:27:42.200 --> 00:27:45.839
<v Speaker 6>that supported him, you know during his you know, during

549
00:27:45.880 --> 00:27:49.079
<v Speaker 6>his his his run for president. So you know, I

550
00:27:49.079 --> 00:27:53.079
<v Speaker 6>would think I would think some of it is that

551
00:27:53.079 --> 00:27:55.359
<v Speaker 6>although that theory, look, I I would be interested in

552
00:27:55.400 --> 00:27:57.720
<v Speaker 6>learning more about Like I hadn't heard that theory that

553
00:27:57.759 --> 00:28:00.119
<v Speaker 6>you gave me about the decollarization, and.

554
00:28:00.119 --> 00:28:02.039
<v Speaker 2>It's not I guess it's I guess it's a theory,

555
00:28:02.039 --> 00:28:04.839
<v Speaker 2>but it's just mine. I'm just I'm literally I'm just

556
00:28:04.880 --> 00:28:09.200
<v Speaker 2>thinking through logically, like what is the if I had

557
00:28:09.400 --> 00:28:13.240
<v Speaker 2>a longer term goal of trying to migrate away create

558
00:28:13.279 --> 00:28:16.440
<v Speaker 2>a little bit more uh independence as as opposed to

559
00:28:16.440 --> 00:28:21.319
<v Speaker 2>interdependence with the entire global economy. Well, let's let's actually

560
00:28:21.400 --> 00:28:22.519
<v Speaker 2>let's just get.

561
00:28:22.359 --> 00:28:25.200
<v Speaker 6>Thinking what's the thinking that Like my perspective is that

562
00:28:25.240 --> 00:28:28.200
<v Speaker 6>it's it's it's mostly good if other countries use the

563
00:28:29.039 --> 00:28:31.319
<v Speaker 6>so long as we're not you know, subservient to them

564
00:28:31.319 --> 00:28:33.400
<v Speaker 6>in some way or you know, are losing some point

565
00:28:33.440 --> 00:28:36.640
<v Speaker 6>of autonomy, like basically like not that inflation is good,

566
00:28:36.960 --> 00:28:40.640
<v Speaker 6>but when we inflate our currency, there were taxing them, right,

567
00:28:40.640 --> 00:28:46.240
<v Speaker 6>like they're effectively subsidizing spy holding dollars. Is my perspective on.

568
00:28:46.359 --> 00:28:49.480
<v Speaker 2>I completely agree. I mean the whole reason.

569
00:28:49.440 --> 00:28:52.319
<v Speaker 6>What's the idea behind? Uh, you know, why would why would?

570
00:28:52.319 --> 00:28:54.440
<v Speaker 6>Why would? Why would they want to do this?

571
00:28:55.200 --> 00:28:58.480
<v Speaker 2>Yeah? Well, I think that from Trump's perspective and his

572
00:28:58.480 --> 00:29:02.480
<v Speaker 2>his kind of orbits perspective, they want industry because they

573
00:29:02.480 --> 00:29:06.920
<v Speaker 2>are very concerned about being reliant on other economies all

574
00:29:06.920 --> 00:29:09.759
<v Speaker 2>over the world in case of war, in case of

575
00:29:09.920 --> 00:29:12.319
<v Speaker 2>you know, trade wars, whatever that they want to have

576
00:29:12.400 --> 00:29:17.759
<v Speaker 2>more industry domestically, like physical production industry. And I think

577
00:29:17.839 --> 00:29:20.319
<v Speaker 2>that as long as you're the reserve currency, it's very

578
00:29:20.400 --> 00:29:22.359
<v Speaker 2>challenging to do that because you're going to have the

579
00:29:22.759 --> 00:29:25.279
<v Speaker 2>most purchasing power from the US dollars as they're printed

580
00:29:25.480 --> 00:29:28.640
<v Speaker 2>and borrowed because you have first access via cantalon effects.

581
00:29:28.680 --> 00:29:33.000
<v Speaker 2>So it's like it's very challenging for the labor market

582
00:29:33.079 --> 00:29:36.519
<v Speaker 2>to compete because you are you are the home base

583
00:29:36.880 --> 00:29:39.240
<v Speaker 2>and therefore that is the that is the trade off

584
00:29:39.279 --> 00:29:42.119
<v Speaker 2>is that essentially the rest of the world, you know,

585
00:29:42.240 --> 00:29:45.960
<v Speaker 2>gets to sell to us, but then we also lose

586
00:29:45.960 --> 00:29:48.240
<v Speaker 2>out on our industry. I think that's that's the trade

587
00:29:48.279 --> 00:29:50.599
<v Speaker 2>off that they're trying to reverse. Do you disagree with

588
00:29:50.640 --> 00:29:51.400
<v Speaker 2>their assessment on that?

589
00:29:52.839 --> 00:29:56.200
<v Speaker 6>Uh, you know, I'm not I'm not certain. I'm not

590
00:29:56.200 --> 00:29:58.200
<v Speaker 6>certain about that. I would I would think that there

591
00:29:58.240 --> 00:30:04.119
<v Speaker 6>is a a mild sense in which that's true. Uh

592
00:30:04.519 --> 00:30:06.680
<v Speaker 6>my sort and I might be you know, doing some

593
00:30:06.680 --> 00:30:11.920
<v Speaker 6>some spherical cow economics here, is that that the that

594
00:30:12.000 --> 00:30:15.640
<v Speaker 6>you're you're mostly going to get, you know, a roughly

595
00:30:15.680 --> 00:30:20.079
<v Speaker 6>equivalent balance of of trade, that that that this would

596
00:30:20.079 --> 00:30:23.799
<v Speaker 6>not be the reason that you know, us that sort

597
00:30:23.839 --> 00:30:26.559
<v Speaker 6>of your domestic steel is you know, not competitive with

598
00:30:26.559 --> 00:30:29.559
<v Speaker 6>with with steel from uh you know, with steal from

599
00:30:29.599 --> 00:30:31.319
<v Speaker 6>China or from other places.

600
00:30:31.599 --> 00:30:34.240
<v Speaker 2>So you think it's not competitive just strictly because I think.

601
00:30:34.720 --> 00:30:36.799
<v Speaker 6>I think like strictly speaking, I think at the margin,

602
00:30:36.880 --> 00:30:39.000
<v Speaker 6>this is true. So I think at the margin it's

603
00:30:39.079 --> 00:30:43.480
<v Speaker 6>a it would help, you know, at the margin domestic

604
00:30:43.519 --> 00:30:47.480
<v Speaker 6>and you know, some of these domestic industries would you know,

605
00:30:47.480 --> 00:30:49.079
<v Speaker 6>would probably get But but I don't I don't. I

606
00:30:49.079 --> 00:30:53.480
<v Speaker 6>don't think that's the like explanatory factor.

607
00:30:53.960 --> 00:30:57.000
<v Speaker 2>Okay, Well, what what is the just regulatory and taxation?

608
00:30:57.880 --> 00:31:00.599
<v Speaker 6>Uh? And I mean you know, I don't, I don't.

609
00:31:00.880 --> 00:31:07.079
<v Speaker 6>I don't know, uh, specifically what the breakdown. So if

610
00:31:07.079 --> 00:31:09.599
<v Speaker 6>we're talking about like so like steel specifically, like why

611
00:31:09.720 --> 00:31:11.920
<v Speaker 6>is why why is the US not competitive?

612
00:31:12.119 --> 00:31:15.319
<v Speaker 2>Well, well, I mean just considered consider our entire industrial base.

613
00:31:15.440 --> 00:31:18.160
<v Speaker 2>It's like we have hemorrhaged that for fifty years. I

614
00:31:18.160 --> 00:31:21.680
<v Speaker 2>think that is true. So why this is? This is

615
00:31:21.680 --> 00:31:24.160
<v Speaker 2>not an a partic This is not an individual industry.

616
00:31:24.160 --> 00:31:27.000
<v Speaker 2>This is a broad based phenomenon. When it's broad based,

617
00:31:27.039 --> 00:31:29.720
<v Speaker 2>I assume it's currency related. I mean that's my analysis.

618
00:31:29.720 --> 00:31:31.000
<v Speaker 2>But I'm just curious what you think.

619
00:31:31.400 --> 00:31:34.319
<v Speaker 6>Okay. So I mean that the default, the default economic

620
00:31:34.359 --> 00:31:38.359
<v Speaker 6>answer right here would be that that labor that it was,

621
00:31:38.480 --> 00:31:43.799
<v Speaker 6>it was either labor flowed to higher valued uses you

622
00:31:43.839 --> 00:31:48.480
<v Speaker 6>know in the US, or there were you know, reasons

623
00:31:48.519 --> 00:31:50.680
<v Speaker 6>that the same thing you know could be you know,

624
00:31:50.759 --> 00:31:53.440
<v Speaker 6>could be produced, could be produced for in you know,

625
00:31:53.480 --> 00:31:56.039
<v Speaker 6>in foreign places for cheaper, which I would assume is

626
00:31:56.079 --> 00:31:58.519
<v Speaker 6>like I would assume labor is the is the primary

627
00:31:58.559 --> 00:32:02.160
<v Speaker 6>cost here, like the raw cost of commodities on the market,

628
00:32:02.160 --> 00:32:04.440
<v Speaker 6>Like I assume the market is like fairly efficient, Like

629
00:32:04.480 --> 00:32:07.920
<v Speaker 6>maybe there's some economies where you're closer to the right.

630
00:32:07.960 --> 00:32:11.480
<v Speaker 6>You don't know, but I would assume. So I would assume,

631
00:32:11.680 --> 00:32:15.279
<v Speaker 6>and again I would assume labor for capital, equipment and

632
00:32:15.319 --> 00:32:17.440
<v Speaker 6>so on is a relatively efficient market. So you're not

633
00:32:17.440 --> 00:32:19.559
<v Speaker 6>seeing these these big market So I would assume it's

634
00:32:19.559 --> 00:32:22.839
<v Speaker 6>that labor is cheaper. But that's that's part of part

635
00:32:22.880 --> 00:32:28.960
<v Speaker 6>of being a rich country is that labor here is

636
00:32:28.960 --> 00:32:30.920
<v Speaker 6>more valuable. So simply and this is this is this

637
00:32:31.000 --> 00:32:33.759
<v Speaker 6>is why uh, of course why immigrants want to come here,

638
00:32:33.839 --> 00:32:37.480
<v Speaker 6>right like, so even lower less skilled labor is worth

639
00:32:37.640 --> 00:32:40.720
<v Speaker 6>much more, you know, in the United States. So this

640
00:32:40.799 --> 00:32:44.519
<v Speaker 6>means that it's frequently efficient for us to let people

641
00:32:44.559 --> 00:32:49.240
<v Speaker 6>in other countries, like you know, like at least again,

642
00:32:49.440 --> 00:32:52.039
<v Speaker 6>and you can you can try to find sort of

643
00:32:52.160 --> 00:32:55.960
<v Speaker 6>problems with this sort of spherical type of analysis, you know,

644
00:32:55.960 --> 00:32:58.920
<v Speaker 6>which I mean is like this is the very theoretical

645
00:32:58.960 --> 00:33:01.720
<v Speaker 6>and like you know, perfect efficient whatever. But I think

646
00:33:01.759 --> 00:33:04.839
<v Speaker 6>it's still like I think this is directionally correct. You

647
00:33:04.839 --> 00:33:08.599
<v Speaker 6>know that that it doesn't that for the like I

648
00:33:08.640 --> 00:33:10.720
<v Speaker 6>think the best argument for any kind of anything in

649
00:33:10.720 --> 00:33:13.079
<v Speaker 6>the direction of merchantilism or like sort of non totally

650
00:33:13.119 --> 00:33:15.720
<v Speaker 6>free trade. Is these arguments about externalities that you know,

651
00:33:16.319 --> 00:33:19.519
<v Speaker 6>if if it could theoretically I could see it theoretically

652
00:33:19.519 --> 00:33:21.759
<v Speaker 6>being bad for my nation to have like no ability

653
00:33:21.799 --> 00:33:23.759
<v Speaker 6>to produce its own weapons right in a way that

654
00:33:23.920 --> 00:33:25.920
<v Speaker 6>like you know, like they I can, and I could

655
00:33:25.960 --> 00:33:27.960
<v Speaker 6>see theoretical reasons that it might not be good for

656
00:33:28.000 --> 00:33:29.680
<v Speaker 6>my nation to not be able to produce any of

657
00:33:29.720 --> 00:33:32.519
<v Speaker 6>its own like I can. I can. I can potentially

658
00:33:32.559 --> 00:33:34.720
<v Speaker 6>see some of these where where that's a sort of

659
00:33:34.759 --> 00:33:37.400
<v Speaker 6>market failure in sort of in sort of typical libertarian.

660
00:33:37.839 --> 00:33:39.279
<v Speaker 6>I'm not saying I'm convinced by that, but I can

661
00:33:39.359 --> 00:33:42.039
<v Speaker 6>like see the argument. I don't see. I don't. I

662
00:33:42.039 --> 00:33:44.880
<v Speaker 6>don't really I think the I don't think I think

663
00:33:44.920 --> 00:33:46.960
<v Speaker 6>to the extent that manufacturing is not in the US.

664
00:33:47.000 --> 00:33:49.440
<v Speaker 6>I don't think you're bringing it back with uh, well

665
00:33:49.480 --> 00:33:51.079
<v Speaker 6>you could. Look, you said, a high enough tariff, of

666
00:33:51.119 --> 00:33:52.759
<v Speaker 6>course you could bring it back. But I don't think

667
00:33:52.759 --> 00:33:54.759
<v Speaker 6>that makes Americans better off to do that.

668
00:33:55.759 --> 00:33:59.359
<v Speaker 2>Well, I think short term it doesn't. I think long

669
00:33:59.440 --> 00:34:03.119
<v Speaker 2>term it might. Like the here's here's my concern, and

670
00:34:03.359 --> 00:34:08.360
<v Speaker 2>this is this is you know, unpopular thought processing amongst

671
00:34:08.360 --> 00:34:11.719
<v Speaker 2>libertarian audiences. But you and I both don't seem to

672
00:34:11.719 --> 00:34:13.960
<v Speaker 2>care about saying things that upset libertarians. We do it

673
00:34:13.960 --> 00:34:18.599
<v Speaker 2>all the time. I am. I am concerned about, you know,

674
00:34:18.719 --> 00:34:23.000
<v Speaker 2>opportunities for young people in this country, and I think that,

675
00:34:23.119 --> 00:34:26.880
<v Speaker 2>like there has been, there's there's a lot there's a

676
00:34:26.880 --> 00:34:29.920
<v Speaker 2>lot of downsides to being the reserve currency. Like there's

677
00:34:29.920 --> 00:34:32.039
<v Speaker 2>a lot of upsides, like you get to have a

678
00:34:32.719 --> 00:34:36.360
<v Speaker 2>debt that's explosive, you get to print and borrow into oblivion,

679
00:34:36.440 --> 00:34:38.760
<v Speaker 2>you get to basically conquer the world for a time.

680
00:34:39.079 --> 00:34:41.880
<v Speaker 2>But the downside is that, like ultimately you end up

681
00:34:41.920 --> 00:34:46.360
<v Speaker 2>having housing be too expensive for the younger generation, and

682
00:34:46.480 --> 00:34:49.000
<v Speaker 2>then they end up kind of rudderless and and and

683
00:34:49.079 --> 00:34:50.840
<v Speaker 2>left a drift, and then you end up in World

684
00:34:50.840 --> 00:34:53.320
<v Speaker 2>War three and that's how you kind of reset everything.

685
00:34:53.440 --> 00:34:55.079
<v Speaker 2>And that's what I felt like we were on the

686
00:34:55.079 --> 00:34:57.119
<v Speaker 2>brink of, which is ultimately why I voted for Trump.

687
00:34:57.320 --> 00:35:02.199
<v Speaker 2>But anyways, I am concerned about because of global globalization.

688
00:35:03.559 --> 00:35:06.519
<v Speaker 2>I mean, do you feel that there's enough opportunity for

689
00:35:06.639 --> 00:35:08.599
<v Speaker 2>young people? You're you're a father, you've got a lot

690
00:35:08.639 --> 00:35:11.840
<v Speaker 2>of kids. Do you think that there's enough opportunity. Well,

691
00:35:11.840 --> 00:35:13.800
<v Speaker 2>your kids are very special because they're home school and

692
00:35:14.239 --> 00:35:18.559
<v Speaker 2>probably awesome, but like, broadly speaking, I am concerned about

693
00:35:18.559 --> 00:35:22.119
<v Speaker 2>the amount of opportunities for young people in America, like

694
00:35:22.199 --> 00:35:27.199
<v Speaker 2>domestic labor, and I think that libertarians oftentimes are I

695
00:35:27.199 --> 00:35:31.559
<v Speaker 2>mean not just dismissive, but like they genuinely are abrasive

696
00:35:31.599 --> 00:35:33.599
<v Speaker 2>if you even bring up, like why do you care

697
00:35:33.639 --> 00:35:36.400
<v Speaker 2>about American labor? We just fucking open the borders and

698
00:35:36.440 --> 00:35:39.519
<v Speaker 2>you let immigrants work whoever's cheapest, that's all that matters.

699
00:35:39.840 --> 00:35:41.320
<v Speaker 2>I think it is a problem that we have to

700
00:35:41.320 --> 00:35:42.480
<v Speaker 2>concern ourselves with. I do.

701
00:35:43.519 --> 00:35:47.440
<v Speaker 6>Yeah. Well, look, there's a version of libertarianism that I'm not,

702
00:35:47.599 --> 00:35:50.079
<v Speaker 6>although I have some appreciation for. That's like you're very

703
00:35:50.159 --> 00:35:53.320
<v Speaker 6>much your number go up, maximalism, Like it's not it's

704
00:35:53.400 --> 00:35:56.760
<v Speaker 6>it's it's very close like sort of neoliberalism. I mean,

705
00:35:56.800 --> 00:35:59.639
<v Speaker 6>to me, libertarianism a system of property rights and agreement

706
00:35:59.679 --> 00:36:01.679
<v Speaker 6>that lets people build all kinds of different things so

707
00:36:01.800 --> 00:36:04.199
<v Speaker 6>you can value whatever you want under libertarianism. And if

708
00:36:04.199 --> 00:36:07.079
<v Speaker 6>you want to value your various things or want a

709
00:36:07.159 --> 00:36:10.079
<v Speaker 6>society structure a certain way, like libertarianism allows you. It's

710
00:36:10.119 --> 00:36:13.039
<v Speaker 6>a system that actually allows for diversity and competition. You're

711
00:36:13.079 --> 00:36:15.760
<v Speaker 6>sort of at the societal level, and so I don't

712
00:36:17.480 --> 00:36:20.000
<v Speaker 6>I never see I often don't see libertarianism as like

713
00:36:20.039 --> 00:36:21.920
<v Speaker 6>taking these strong stances on some of these issues that

714
00:36:22.000 --> 00:36:25.280
<v Speaker 6>other people seem to see say that it does. I

715
00:36:25.320 --> 00:36:30.239
<v Speaker 6>am absolutely concerned about that a kind of thing, you know,

716
00:36:30.320 --> 00:36:33.360
<v Speaker 6>to the extent that I have concerns about a class

717
00:36:33.400 --> 00:36:36.760
<v Speaker 6>of people beyond you know, my immediate concerns, and and

718
00:36:37.239 --> 00:36:39.440
<v Speaker 6>you know, and and of course the free staters here

719
00:36:39.440 --> 00:36:41.400
<v Speaker 6>in New Hampshire is certainly one of my circles of concerns.

720
00:36:41.440 --> 00:36:44.280
<v Speaker 6>But I I care about I care about these things.

721
00:36:44.320 --> 00:36:46.159
<v Speaker 6>It's it's a direction, it's the thing I care about

722
00:36:46.159 --> 00:36:48.719
<v Speaker 6>in society quite a bit. I'm skeptical of the specific

723
00:36:48.760 --> 00:36:53.840
<v Speaker 6>claim that this is is highly coupled to America as

724
00:36:53.880 --> 00:36:57.639
<v Speaker 6>a reserve you know, currency, uh specifically, but I think

725
00:36:57.639 --> 00:36:59.360
<v Speaker 6>it would be really interesting to talk like I find

726
00:36:59.360 --> 00:37:01.480
<v Speaker 6>that area of just like really interesting. You know, what

727
00:37:01.599 --> 00:37:03.800
<v Speaker 6>is causing these that whole, that whole you know, the

728
00:37:03.800 --> 00:37:07.000
<v Speaker 6>whole Chipotle, you know, debate and and and what kind

729
00:37:07.000 --> 00:37:10.239
<v Speaker 6>of job should be available to these kinds of people.

730
00:37:11.239 --> 00:37:13.039
<v Speaker 6>I think a lot of it is there's who who's

731
00:37:13.079 --> 00:37:15.440
<v Speaker 6>the guy has that elite theory is that like church

732
00:37:15.480 --> 00:37:18.280
<v Speaker 6>in like this idea that like uh like basically and

733
00:37:18.360 --> 00:37:20.199
<v Speaker 6>this is it explains all the woke stuff too. But

734
00:37:20.239 --> 00:37:22.000
<v Speaker 6>from the other side, like there's all of these people

735
00:37:22.000 --> 00:37:24.079
<v Speaker 6>who sort of have these aspirations to sort of be

736
00:37:24.480 --> 00:37:26.920
<v Speaker 6>you know, elites in society, you know, and there aren't

737
00:37:27.000 --> 00:37:29.679
<v Speaker 6>enough you know, positions, right, like the complaints about and

738
00:37:29.679 --> 00:37:31.400
<v Speaker 6>I'm not saying this is an unfair complaint, but like

739
00:37:32.480 --> 00:37:34.880
<v Speaker 6>the complaint about the Chipotle things, like these people are

740
00:37:34.920 --> 00:37:37.800
<v Speaker 6>supposed to have a higher position in society, right, It's yeah,

741
00:37:37.840 --> 00:37:40.000
<v Speaker 6>all right, you know, you're making money, you have a

742
00:37:40.039 --> 00:37:42.800
<v Speaker 6>place to live, you're not desperate. But like this is

743
00:37:42.960 --> 00:37:45.199
<v Speaker 6>they're supposed to The complaint is they're supposed to have more,

744
00:37:45.360 --> 00:37:48.559
<v Speaker 6>not that it's like an objectively terrible life. Right. The

745
00:37:48.559 --> 00:37:50.360
<v Speaker 6>complaint is that there was supposed to be something that

746
00:37:50.519 --> 00:37:53.599
<v Speaker 6>was you know, that there was something that was supposed

747
00:37:53.639 --> 00:37:55.760
<v Speaker 6>to be more and and you know, I don't know

748
00:37:55.880 --> 00:37:59.039
<v Speaker 6>this like bringing men you like, what is bringing what

749
00:37:59.199 --> 00:38:01.599
<v Speaker 6>is bringing men? You action in to the United States back?

750
00:38:01.639 --> 00:38:04.119
<v Speaker 6>Like who are these people? Is this is this? Is

751
00:38:04.159 --> 00:38:06.800
<v Speaker 6>this the one hundred This is like we're talking about

752
00:38:06.840 --> 00:38:09.960
<v Speaker 6>like jobs, for the average American, but below average American,

753
00:38:10.440 --> 00:38:13.440
<v Speaker 6>Like who is the class a person that you know,

754
00:38:15.440 --> 00:38:15.880
<v Speaker 6>I'll just.

755
00:38:15.880 --> 00:38:18.920
<v Speaker 2>Give you my answer, you know, my my concern is

756
00:38:19.760 --> 00:38:24.639
<v Speaker 2>the kind of the middle you know, not the exceptional,

757
00:38:24.920 --> 00:38:28.840
<v Speaker 2>not the h one B guy, but the middle of

758
00:38:28.880 --> 00:38:31.639
<v Speaker 2>the you know, ninety five to one hundred and five

759
00:38:31.719 --> 00:38:34.639
<v Speaker 2>IQ guy that may may go to high school or

760
00:38:34.679 --> 00:38:37.800
<v Speaker 2>may graduate high school, but may make his associate's degree.

761
00:38:37.960 --> 00:38:41.599
<v Speaker 2>Like in the past, there was a period in American

762
00:38:41.679 --> 00:38:45.039
<v Speaker 2>history where you could be that guy and have a family.

763
00:38:45.679 --> 00:38:47.440
<v Speaker 2>It's very tough to be that guy and have a

764
00:38:47.480 --> 00:38:50.679
<v Speaker 2>family these days. Like it's just very challenging because of inflation,

765
00:38:50.760 --> 00:38:52.800
<v Speaker 2>because of the printing press. And you're right, I mean,

766
00:38:52.840 --> 00:38:55.679
<v Speaker 2>as reserve currency, theoretically we don't have to be such

767
00:38:55.719 --> 00:38:58.920
<v Speaker 2>profligate spenders and inflate and make our lifestyle so much

768
00:38:58.920 --> 00:39:01.840
<v Speaker 2>more expensive year after year, but we have. And now

769
00:39:01.880 --> 00:39:04.400
<v Speaker 2>what And I think that's that's my concern, is that

770
00:39:04.440 --> 00:39:07.119
<v Speaker 2>those guys, the middle guy is kind of left out.

771
00:39:08.599 --> 00:39:11.039
<v Speaker 6>Yeah, I mean, I this is why I think that

772
00:39:11.159 --> 00:39:13.320
<v Speaker 6>part of this has to hinge a little bit on,

773
00:39:13.519 --> 00:39:16.320
<v Speaker 6>like that they feel that there's a feeling that there

774
00:39:16.400 --> 00:39:19.960
<v Speaker 6>was like a higher position in society, because my impression

775
00:39:20.320 --> 00:39:23.519
<v Speaker 6>is that you can as one of these people like

776
00:39:23.719 --> 00:39:28.199
<v Speaker 6>get get a job and any number of you know,

777
00:39:28.519 --> 00:39:30.880
<v Speaker 6>in any number of trades, any number of things where

778
00:39:30.880 --> 00:39:33.960
<v Speaker 6>you can be making enough money to afford a house

779
00:39:34.519 --> 00:39:40.599
<v Speaker 6>and have a family, even a single urner family, you know.

780
00:39:40.639 --> 00:39:43.199
<v Speaker 6>I think this is possible, and a lot of places

781
00:39:43.199 --> 00:39:45.880
<v Speaker 6>in America, you know, for people to do this. And

782
00:39:45.920 --> 00:39:47.719
<v Speaker 6>I'm not trying to defend the status quo because I

783
00:39:47.719 --> 00:39:49.960
<v Speaker 6>agree that inflation has been a problem, and I agree

784
00:39:49.960 --> 00:39:52.519
<v Speaker 6>that there have been, you know, a lot of problems.

785
00:39:52.679 --> 00:39:54.880
<v Speaker 6>I think that this is I think that and I

786
00:39:54.920 --> 00:39:57.280
<v Speaker 6>think that there are directionally like there's a problem here,

787
00:39:57.639 --> 00:40:02.320
<v Speaker 6>like but I think that it's kind kind of like

788
00:40:02.360 --> 00:40:03.400
<v Speaker 6>this whole thing about.

789
00:40:03.199 --> 00:40:08.440
<v Speaker 2>Like let's think it's.

790
00:40:06.679 --> 00:40:08.400
<v Speaker 6>A desire to go back to like a different set

791
00:40:08.440 --> 00:40:10.800
<v Speaker 6>of values and a different sort of structure of society.

792
00:40:11.039 --> 00:40:14.239
<v Speaker 6>And in that time, it's like, oh, there also happen

793
00:40:14.280 --> 00:40:16.920
<v Speaker 6>to be manufacturing jobs. Like it's a form of cargo cultism.

794
00:40:17.000 --> 00:40:18.440
<v Speaker 6>Is it would be a way put it, like like

795
00:40:18.480 --> 00:40:21.800
<v Speaker 6>you're this isn't the thing, Like it's not the manufacturing

796
00:40:21.840 --> 00:40:24.679
<v Speaker 6>job specifically, and to say like we we we need

797
00:40:24.679 --> 00:40:26.519
<v Speaker 6>to bring those back and teriffs will be I think

798
00:40:26.519 --> 00:40:29.519
<v Speaker 6>that's I'm not. I'm not. I'm not saying it's out

799
00:40:29.519 --> 00:40:32.079
<v Speaker 6>of out of like there's something that might be coming

800
00:40:32.079 --> 00:40:34.320
<v Speaker 6>from that's like a correct feeling. And I think that

801
00:40:34.559 --> 00:40:37.400
<v Speaker 6>it's tariffs and MANUF and then we'll bring back manufacturing jobs.

802
00:40:37.880 --> 00:40:39.199
<v Speaker 6>I don't think. I don't think. I don't. I think

803
00:40:39.199 --> 00:40:40.719
<v Speaker 6>it's I think it's incorrect, and I think.

804
00:40:41.079 --> 00:40:44.039
<v Speaker 2>You think it's you think it's the wrong answer. Yeah, look,

805
00:40:44.079 --> 00:40:46.880
<v Speaker 2>I'm not saying that like, oh, we have to bring

806
00:40:46.960 --> 00:40:50.320
<v Speaker 2>back auto manufacturing. I think many of these jobs, if

807
00:40:50.360 --> 00:40:55.559
<v Speaker 2>not most, are going to be totally replaced by AI

808
00:40:55.679 --> 00:40:58.239
<v Speaker 2>and automation. I mean many of them already have been.

809
00:40:58.760 --> 00:41:01.760
<v Speaker 2>So like, this is this is a problem that is

810
00:41:01.840 --> 00:41:04.760
<v Speaker 2>only going to get worse. I think that in some

811
00:41:04.880 --> 00:41:09.119
<v Speaker 2>sense it is performative. It is it is demonstrating concern

812
00:41:09.239 --> 00:41:12.960
<v Speaker 2>for these people because everyone has basically shit on them

813
00:41:13.039 --> 00:41:15.880
<v Speaker 2>and not listen to their concerns. And Trump is like

814
00:41:15.920 --> 00:41:18.519
<v Speaker 2>the first guy that goes, yeah, I hear you, here's

815
00:41:18.559 --> 00:41:21.440
<v Speaker 2>the answer, and maybe it isn't the answer. So I'm

816
00:41:21.480 --> 00:41:23.440
<v Speaker 2>not and i'm not I'm not claiming that it is.

817
00:41:23.519 --> 00:41:26.079
<v Speaker 2>I when when I opened up with my kind of

818
00:41:26.119 --> 00:41:28.159
<v Speaker 2>thesis as to what I think they may be doing.

819
00:41:28.599 --> 00:41:31.119
<v Speaker 2>I was just trying to give a guess as to

820
00:41:31.559 --> 00:41:35.400
<v Speaker 2>what the game plan might be long term. Yeah, but

821
00:41:35.480 --> 00:41:37.480
<v Speaker 2>I don't know. I mean that they It could just

822
00:41:37.559 --> 00:41:41.280
<v Speaker 2>be all dick measuring contests and ego battles and nothing.

823
00:41:41.320 --> 00:41:43.559
<v Speaker 2>There's nothing more behind it. I don't know.

824
00:41:43.840 --> 00:41:47.599
<v Speaker 6>Never never underestimate how many substantial things in world history happened,

825
00:41:47.639 --> 00:41:50.159
<v Speaker 6>because there's just it's either a dick message contest or

826
00:41:50.159 --> 00:41:50.920
<v Speaker 6>a fight over a girl.

827
00:41:50.920 --> 00:41:54.480
<v Speaker 2>All right, So, like you know, absolutely, health insurance is confusing,

828
00:41:54.519 --> 00:41:57.840
<v Speaker 2>expensive and frustrating. Claim denials are becoming more and more common.

829
00:41:57.880 --> 00:42:00.920
<v Speaker 2>In fact, one of five Obamacare claims were deny last year.

830
00:42:01.280 --> 00:42:04.159
<v Speaker 2>That's unacceptable. The headache of health insurance is exactly why

831
00:42:04.199 --> 00:42:07.480
<v Speaker 2>crowdhealth was created. Would you like the freedom to choose

832
00:42:07.559 --> 00:42:10.400
<v Speaker 2>a different path, Well you have one now it's not

833
00:42:10.480 --> 00:42:12.800
<v Speaker 2>health insurance. It's a better way to pay for healthcare

834
00:42:13.039 --> 00:42:16.559
<v Speaker 2>through crowdfunding. So stop sending money to big insurance companies

835
00:42:16.599 --> 00:42:18.559
<v Speaker 2>who profit off of not paying your bills and check

836
00:42:18.599 --> 00:42:22.559
<v Speaker 2>out crowd health. Welcome to crowdhealth, the health insurance alternative,

837
00:42:22.760 --> 00:42:24.679
<v Speaker 2>for one hundred and seventy five dollars for an individual

838
00:42:24.760 --> 00:42:26.800
<v Speaker 2>or five hundred and seventy five dollars for a family

839
00:42:26.840 --> 00:42:29.400
<v Speaker 2>of four or more. You'll get access to a community

840
00:42:29.440 --> 00:42:30.880
<v Speaker 2>of people who are willing to help out in the

841
00:42:30.920 --> 00:42:33.840
<v Speaker 2>event of an emergency. You get access to telemedicine visits,

842
00:42:34.199 --> 00:42:37.480
<v Speaker 2>discounted prescriptions, and so much more without doctor's networks getting

843
00:42:37.480 --> 00:42:39.079
<v Speaker 2>in the way. And of course, you'll join the crowd

844
00:42:39.239 --> 00:42:40.840
<v Speaker 2>group of members just like you who want to help

845
00:42:40.840 --> 00:42:44.159
<v Speaker 2>pay for each other's unexpected medical events. Let crowdhealth help

846
00:42:44.159 --> 00:42:46.199
<v Speaker 2>with your healthcare needs. Get started today for just nine

847
00:42:46.199 --> 00:42:48.039
<v Speaker 2>to nine dollars per month for your first three months

848
00:42:48.039 --> 00:42:52.199
<v Speaker 2>by using code lockdown at join crowdhealth dot com. Crowdhealth

849
00:42:52.239 --> 00:42:55.039
<v Speaker 2>is not insurance. Learn more at join crowdhealth dot com.

850
00:42:55.079 --> 00:43:00.320
<v Speaker 2>That join crowdhealth dot com code lockdown. Yeah, people are like, no,

851
00:43:00.519 --> 00:43:03.440
<v Speaker 2>the you know, World War was to establish Central Bank

852
00:43:03.519 --> 00:43:05.079
<v Speaker 2>and World War two was to do this and that.

853
00:43:05.320 --> 00:43:07.039
<v Speaker 2>It's like, maybe it's just because there are a bunch

854
00:43:07.079 --> 00:43:09.800
<v Speaker 2>of asshole powerful guys who think that they're better than

855
00:43:09.800 --> 00:43:12.920
<v Speaker 2>everybody and then they you know, they one of them

856
00:43:12.920 --> 00:43:14.639
<v Speaker 2>took off their glove and slapped the other in the

857
00:43:14.639 --> 00:43:16.639
<v Speaker 2>face at what egg or whatever?

858
00:43:19.000 --> 00:43:20.719
<v Speaker 6>Yeah, this is my this is my actual theory of

859
00:43:20.719 --> 00:43:21.360
<v Speaker 6>world history.

860
00:43:21.679 --> 00:43:24.920
<v Speaker 2>Well, no, then I would I would like to to

861
00:43:25.000 --> 00:43:29.679
<v Speaker 2>get kind of your thesis as too. So if if

862
00:43:29.719 --> 00:43:34.840
<v Speaker 2>the AI and automation pathway is probable, and I think

863
00:43:34.840 --> 00:43:37.960
<v Speaker 2>it is, I think it's I think it's assured. Honestly,

864
00:43:38.599 --> 00:43:42.079
<v Speaker 2>what what is your answer for kind of because I'm

865
00:43:42.119 --> 00:43:45.000
<v Speaker 2>not I'm not, I'm one hundred percent not a UBI libertarian.

866
00:43:45.039 --> 00:43:47.960
<v Speaker 2>I think that's an atrocity. What do you think? What

867
00:43:48.000 --> 00:43:49.559
<v Speaker 2>do you think is going to fill the void? And

868
00:43:49.599 --> 00:43:51.280
<v Speaker 2>I know this is kind of like asking you to

869
00:43:51.320 --> 00:43:54.039
<v Speaker 2>guess what comes after the horse and buggy and it's like,

870
00:43:54.079 --> 00:43:57.239
<v Speaker 2>who the fuck knows? But do you have any any

871
00:43:57.760 --> 00:44:02.400
<v Speaker 2>like optimism as to can we actually replace all those jobs?

872
00:44:02.639 --> 00:44:05.719
<v Speaker 6>It's, Oh, it's gonna be it's it's gonna be very interesting.

873
00:44:05.920 --> 00:44:11.599
<v Speaker 6>Uh there. I mean, I I do think that jobs

874
00:44:11.679 --> 00:44:16.519
<v Speaker 6>performed by humans like will be some of the last

875
00:44:16.559 --> 00:44:18.119
<v Speaker 6>things to go. Like there are things that we want,

876
00:44:18.559 --> 00:44:20.559
<v Speaker 6>you know, people to do, and even in a world

877
00:44:20.559 --> 00:44:23.039
<v Speaker 6>that's like very wealthy, I think it will remain like

878
00:44:23.400 --> 00:44:27.440
<v Speaker 6>a status symbol for humans to do them. So uh uh,

879
00:44:27.719 --> 00:44:29.679
<v Speaker 6>not like endorsing that life for that outcome, but I

880
00:44:29.679 --> 00:44:31.639
<v Speaker 6>think it's like a likely a likely aucomymy. So we're

881
00:44:31.639 --> 00:44:33.800
<v Speaker 6>so we're talking about the scenario here, and like AI

882
00:44:34.440 --> 00:44:36.880
<v Speaker 6>you know, really does work, not just for knowledge work,

883
00:44:36.920 --> 00:44:38.880
<v Speaker 6>but also we're able to it's able to manifest itself

884
00:44:38.920 --> 00:44:40.800
<v Speaker 6>in the real world. So we're able to construct robots,

885
00:44:40.840 --> 00:44:43.360
<v Speaker 6>you know, so you can have intelligent humanoid robots. Uh,

886
00:44:43.400 --> 00:44:46.440
<v Speaker 6>I mean the sort of there's an idea here that

887
00:44:46.480 --> 00:44:49.159
<v Speaker 6>like this would be basically a massive return to capital, right,

888
00:44:49.280 --> 00:44:54.280
<v Speaker 6>so so you know that labor effectively becomes very very

889
00:44:54.480 --> 00:44:57.599
<v Speaker 6>cheap in this world. And so if you're spherical cow

890
00:44:57.599 --> 00:45:01.360
<v Speaker 6>economicating here, right, you've got uh capital, capital can all

891
00:45:01.360 --> 00:45:04.880
<v Speaker 6>of a sudden get way more stuff, right, so physical

892
00:45:04.920 --> 00:45:08.400
<v Speaker 6>stuff gets cheaper. Things in the real world get you know,

893
00:45:08.440 --> 00:45:12.000
<v Speaker 6>get get way, you know, get way cheaper. It would be,

894
00:45:12.199 --> 00:45:15.320
<v Speaker 6>it would make our lives a lot different. Uh, it

895
00:45:15.320 --> 00:45:17.559
<v Speaker 6>would have It would probably cause an incredible amount of

896
00:45:17.559 --> 00:45:22.519
<v Speaker 6>political turmoil. You know what, how will humans derive? You know,

897
00:45:22.960 --> 00:45:24.679
<v Speaker 6>I think this idea that will ever be sort of

898
00:45:24.719 --> 00:45:28.719
<v Speaker 6>post labor, I think is is kind of fake. So

899
00:45:28.760 --> 00:45:30.599
<v Speaker 6>I don't think that will necessarily like this isn't gonna

900
00:45:30.599 --> 00:45:32.800
<v Speaker 6>necessarily happen, of course, Like there's lots of outcomes where

901
00:45:33.360 --> 00:45:36.760
<v Speaker 6>AI just becomes a force multiplier like other kinds of technology,

902
00:45:37.000 --> 00:45:40.559
<v Speaker 6>you know, and uh and so simply becomes like, look,

903
00:45:40.559 --> 00:45:42.599
<v Speaker 6>we have we have just as many people, you know,

904
00:45:42.880 --> 00:45:45.000
<v Speaker 6>doing the similar jobs, but you know a lot of

905
00:45:45.039 --> 00:45:47.519
<v Speaker 6>them are just leveraging AI, you know, to more of

906
00:45:47.559 --> 00:45:52.239
<v Speaker 6>a degree. So uh, it's it's it's it's unpredictable. It

907
00:45:52.320 --> 00:45:57.440
<v Speaker 6>certainly could trigger another communist revolution. Uh.

908
00:45:57.559 --> 00:45:59.719
<v Speaker 2>I mean, so this is this is why I get

909
00:45:59.760 --> 00:46:03.960
<v Speaker 2>fresh traded with libertarians that do dismiss, you know, domestic

910
00:46:04.000 --> 00:46:07.599
<v Speaker 2>employment concerns and they just go like, you know whatever,

911
00:46:08.039 --> 00:46:10.280
<v Speaker 2>you know, like figure it the fuck out. It's like

912
00:46:10.320 --> 00:46:13.480
<v Speaker 2>all right, yeah, but well if you don't, then people

913
00:46:13.719 --> 00:46:16.960
<v Speaker 2>oftentimes will you know, burn everything down. And like communist

914
00:46:17.000 --> 00:46:19.719
<v Speaker 2>revolutions do happen from time to time, and guess what,

915
00:46:19.920 --> 00:46:22.840
<v Speaker 2>that's not very good for property rights libertarians. So you

916
00:46:22.920 --> 00:46:25.119
<v Speaker 2>might want to concern yourself with that. And that's kind

917
00:46:25.159 --> 00:46:27.559
<v Speaker 2>of where I'm at is. I am very nervous about

918
00:46:27.880 --> 00:46:30.199
<v Speaker 2>particularly young men in this country. And I've talked about

919
00:46:30.199 --> 00:46:33.320
<v Speaker 2>this a few times, like, because there was this movement

920
00:46:33.440 --> 00:46:38.039
<v Speaker 2>to really lay at the you know, at their feet,

921
00:46:38.480 --> 00:46:41.880
<v Speaker 2>all of the ills of civilization. It's particularly straight white man.

922
00:46:41.960 --> 00:46:44.280
<v Speaker 2>It was like, you fucking son of a bit, you

923
00:46:44.280 --> 00:46:47.519
<v Speaker 2>your fucking great grandfather did X, Y Z, and therefore

924
00:46:47.880 --> 00:46:50.519
<v Speaker 2>you are beyond redemption. And it was just such an

925
00:46:50.639 --> 00:46:53.519
<v Speaker 2>evil way of treating people, like no, no more or

926
00:46:53.599 --> 00:46:56.000
<v Speaker 2>less evil than how you would treat black people in

927
00:46:56.039 --> 00:46:58.159
<v Speaker 2>the early nineteen hundreds or eighteen hundreds. It was like

928
00:46:58.280 --> 00:47:00.639
<v Speaker 2>it was atrocious what they were doing young white men.

929
00:47:00.920 --> 00:47:03.320
<v Speaker 2>And then on top of that, you have this inflationary

930
00:47:03.360 --> 00:47:06.400
<v Speaker 2>wave that that makes it so that you can't outpace

931
00:47:06.440 --> 00:47:09.679
<v Speaker 2>the success of your father. Very it's very rare these

932
00:47:09.760 --> 00:47:11.840
<v Speaker 2>days because like all you had to do was buy

933
00:47:11.840 --> 00:47:14.199
<v Speaker 2>a house in nineteen eighty and you were a millionaire

934
00:47:14.440 --> 00:47:17.840
<v Speaker 2>by the two thousands, and like that's just not an

935
00:47:17.880 --> 00:47:21.599
<v Speaker 2>option for a lot of young people. And I can

936
00:47:21.679 --> 00:47:25.280
<v Speaker 2>I can sense in you that you're like You're like you,

937
00:47:25.280 --> 00:47:28.920
<v Speaker 2>you don't want to give that much credence to the

938
00:47:28.920 --> 00:47:32.639
<v Speaker 2>fact that, like, the younger generations have it harder than the.

939
00:47:32.639 --> 00:47:34.880
<v Speaker 6>Housing one's real, the housing one's real. I've been meaning

940
00:47:34.920 --> 00:47:37.039
<v Speaker 6>to I actually have a like half started, do you

941
00:47:37.079 --> 00:47:39.519
<v Speaker 6>know I do these like effort threads on X sometimes

942
00:47:39.519 --> 00:47:41.039
<v Speaker 6>And yes, I have one that I've been working on.

943
00:47:41.039 --> 00:47:42.719
<v Speaker 6>It because I'm in trouble because I want to understand,

944
00:47:42.719 --> 00:47:44.840
<v Speaker 6>because like I think that it's just so easy to

945
00:47:44.840 --> 00:47:46.960
<v Speaker 6>fall into these narratives and sometimes they're true and sometimes

946
00:47:47.039 --> 00:47:48.360
<v Speaker 6>they're not. And I think, I think one of the

947
00:47:48.360 --> 00:47:50.000
<v Speaker 6>things I notice all the time in politics is you

948
00:47:50.039 --> 00:47:53.159
<v Speaker 6>get these like clouds of beliefs that it's like clearly

949
00:47:53.199 --> 00:47:55.800
<v Speaker 6>like people just join a tribe and then they adopt

950
00:47:55.880 --> 00:47:58.920
<v Speaker 6>all these adjacent, you know, beliefs. And I've always been

951
00:47:58.960 --> 00:48:01.280
<v Speaker 6>like a bit heterodox, try to like look at things,

952
00:48:01.679 --> 00:48:04.719
<v Speaker 6>you know, independently rather than just be you know, the

953
00:48:04.760 --> 00:48:05.159
<v Speaker 6>cloud guy.

954
00:48:05.159 --> 00:48:07.800
<v Speaker 2>And so I am up, you're more than a brother.

955
00:48:10.239 --> 00:48:12.079
<v Speaker 6>And I'm sure I get it wrong sometimes like I'm not.

956
00:48:12.280 --> 00:48:14.840
<v Speaker 6>But no, housing is more expensive like this one's. This

957
00:48:14.920 --> 00:48:16.480
<v Speaker 6>one's real, like this one's real, dude.

958
00:48:16.639 --> 00:48:21.360
<v Speaker 2>Housing is insanely more expensive, and.

959
00:48:21.639 --> 00:48:24.199
<v Speaker 6>At the margin, does immigration help with it?

960
00:48:23.960 --> 00:48:28.639
<v Speaker 2>It does not know, But libertarians usually just tell people

961
00:48:28.639 --> 00:48:30.119
<v Speaker 2>to shove it up their ass. If you bring that up,

962
00:48:30.159 --> 00:48:33.480
<v Speaker 2>they go, oh, there's no fucking evidence that housing is yes, bullshit,

963
00:48:33.920 --> 00:48:35.239
<v Speaker 2>more this more demand.

964
00:48:36.039 --> 00:48:39.000
<v Speaker 6>A huge part of it is that we don't allow

965
00:48:39.039 --> 00:48:41.199
<v Speaker 6>more building to happen, though, like we have to really

966
00:48:41.320 --> 00:48:43.880
<v Speaker 6>like knowledge that this is this is you know that

967
00:48:43.960 --> 00:48:44.719
<v Speaker 6>this is a huge part.

968
00:48:45.039 --> 00:48:47.280
<v Speaker 2>I was a developer. I know, I know better than

969
00:48:47.320 --> 00:48:50.199
<v Speaker 2>the libertarians a bitch about regulations. Regulations are a nightmare

970
00:48:50.199 --> 00:48:51.159
<v Speaker 2>in real estate development.

971
00:48:51.159 --> 00:48:52.679
<v Speaker 6>And I will say this is another part of it.

972
00:48:52.719 --> 00:48:55.960
<v Speaker 6>When I was doing that. Someone actually only taught me

973
00:48:56.000 --> 00:48:58.159
<v Speaker 6>this in the last couple of weeks. There is a

974
00:48:58.159 --> 00:49:01.119
<v Speaker 6>decent argument that some portion of the increased housing costs

975
00:49:01.119 --> 00:49:06.760
<v Speaker 6>is that people simply expect more house and expect more housing.

976
00:49:06.800 --> 00:49:10.400
<v Speaker 6>Like if you look at a graph of construction costs

977
00:49:10.440 --> 00:49:14.719
<v Speaker 6>per square foot, like if you b they've certainly grown

978
00:49:15.480 --> 00:49:18.960
<v Speaker 6>beyond like what we would expect, but construction costs per

979
00:49:19.000 --> 00:49:22.559
<v Speaker 6>square foot haven't grown nearly as much as square feet

980
00:49:22.559 --> 00:49:26.800
<v Speaker 6>of houses. So houses have actually gotten way bigger now,

981
00:49:28.320 --> 00:49:31.280
<v Speaker 6>you know, than they used to be. And so it's possible.

982
00:49:31.280 --> 00:49:34.719
<v Speaker 6>One of the things that's interesting is like humans don't

983
00:49:34.760 --> 00:49:38.440
<v Speaker 6>actually tend to work that like humans will work less

984
00:49:38.480 --> 00:49:42.440
<v Speaker 6>up to a point. If if humans who have like

985
00:49:42.480 --> 00:49:44.239
<v Speaker 6>a lot of humans, will just continue to work and

986
00:49:44.280 --> 00:49:47.079
<v Speaker 6>spend more money on status symbols. They'll buy fancier cars,

987
00:49:47.280 --> 00:49:50.280
<v Speaker 6>they'll buy bigger houses because they see themselves as in

988
00:49:50.320 --> 00:49:54.559
<v Speaker 6>these maybe not incorrectly as in these your status competition

989
00:49:54.599 --> 00:49:58.280
<v Speaker 6>games with their peers and society you know around them,

990
00:49:58.559 --> 00:50:00.639
<v Speaker 6>And so I think, like there is a and again

991
00:50:00.679 --> 00:50:04.639
<v Speaker 6>this relates to what is this housing thing actually about? Like, right,

992
00:50:04.679 --> 00:50:08.079
<v Speaker 6>people don't want to go back to the nineteen fifties house,

993
00:50:08.280 --> 00:50:10.000
<v Speaker 6>you know, with a sick like, so they want to

994
00:50:10.039 --> 00:50:11.719
<v Speaker 6>go back to the nineteen fifties in terms of where

995
00:50:11.719 --> 00:50:13.920
<v Speaker 6>they were in society, but they don't want to actually

996
00:50:13.920 --> 00:50:16.599
<v Speaker 6>go back to the way I don't think that people

997
00:50:16.679 --> 00:50:19.119
<v Speaker 6>lived in the nineteen fifties, Like if you look at

998
00:50:19.119 --> 00:50:22.880
<v Speaker 6>what a starter home looked like in early nineteen hundreds

999
00:50:22.880 --> 00:50:25.360
<v Speaker 6>of America, Like, again, I don't think these are the

1000
00:50:25.360 --> 00:50:28.679
<v Speaker 6>houses that people are actually asking for, you know, for

1001
00:50:28.719 --> 00:50:29.320
<v Speaker 6>the most part.

1002
00:50:29.719 --> 00:50:33.159
<v Speaker 2>Yeah, well, I mean the housing is much better today.

1003
00:50:33.320 --> 00:50:38.559
<v Speaker 2>Like well, grant that there's arguments as to quality, which

1004
00:50:38.599 --> 00:50:40.559
<v Speaker 2>some people say that the older stuff was made a

1005
00:50:40.599 --> 00:50:43.000
<v Speaker 2>little bit better, don't. I don't have a firm opinion

1006
00:50:43.079 --> 00:50:45.519
<v Speaker 2>on that. I think a lot of it's just preferences,

1007
00:50:45.559 --> 00:50:47.239
<v Speaker 2>like what do you want to invest your money and

1008
00:50:47.320 --> 00:50:49.320
<v Speaker 2>do you want to have the new tech gadgets or

1009
00:50:49.360 --> 00:50:53.840
<v Speaker 2>do you want to have the best masonry. And some people,

1010
00:50:53.920 --> 00:50:55.639
<v Speaker 2>you know, a lot of people there's differences in preferences,

1011
00:50:56.480 --> 00:51:00.559
<v Speaker 2>but you know, as a lifelong you know, real estate

1012
00:51:00.639 --> 00:51:04.719
<v Speaker 2>investor and spectator of the market, I know for a

1013
00:51:04.760 --> 00:51:08.079
<v Speaker 2>fact that like the cost of production of real estate

1014
00:51:08.199 --> 00:51:10.880
<v Speaker 2>has gone up a lot. And now, granted the past

1015
00:51:10.920 --> 00:51:12.880
<v Speaker 2>four years was a huge part of that because the

1016
00:51:12.920 --> 00:51:14.400
<v Speaker 2>lockdowns and that was catastrophic.

1017
00:51:15.599 --> 00:51:17.880
<v Speaker 6>But even we got all these we've got all these

1018
00:51:17.920 --> 00:51:21.800
<v Speaker 6>men who need better jobs to me, building, construction, contracting,

1019
00:51:21.840 --> 00:51:25.199
<v Speaker 6>like these are pretty decent. These are very respectable professions

1020
00:51:25.239 --> 00:51:25.679
<v Speaker 6>you're building.

1021
00:51:26.199 --> 00:51:28.719
<v Speaker 2>Completely completely agree, But.

1022
00:51:29.360 --> 00:51:31.119
<v Speaker 6>Why can't Why can't a bunch of these people up?

1023
00:51:31.119 --> 00:51:33.599
<v Speaker 6>We built a bunch of houses. There's more houses for everybody.

1024
00:51:34.920 --> 00:51:37.920
<v Speaker 6>They're gonna start having kids again, Like, why can't we

1025
00:51:37.960 --> 00:51:38.559
<v Speaker 6>get this gallop?

1026
00:51:38.639 --> 00:51:42.039
<v Speaker 2>The answer is labor costs. They don't they because you

1027
00:51:42.079 --> 00:51:47.159
<v Speaker 2>can do it with illegal immigration. They are Okay, okay,

1028
00:51:47.719 --> 00:51:49.840
<v Speaker 2>that's I mean, that's the answer. You you walk onto

1029
00:51:49.840 --> 00:51:52.599
<v Speaker 2>any job site in America in construction, you're going to

1030
00:51:52.639 --> 00:51:54.719
<v Speaker 2>see probably half the guys early okay, and.

1031
00:51:54.679 --> 00:51:56.639
<v Speaker 6>Here look and look, I'm very sympathetic to this is

1032
00:51:56.679 --> 00:51:58.800
<v Speaker 6>one like I'm not, uh, you know, the kind of

1033
00:51:58.840 --> 00:52:02.079
<v Speaker 6>libertarian that's like, you know, illegals or heroes like we're

1034
00:52:02.079 --> 00:52:04.199
<v Speaker 6>in competition. You know, that's a it's a kind of

1035
00:52:04.480 --> 00:52:06.719
<v Speaker 6>there is a sense in which that's unfair. They're not contributing,

1036
00:52:06.840 --> 00:52:08.880
<v Speaker 6>you know, to society, and you know, and so on.

1037
00:52:09.440 --> 00:52:12.880
<v Speaker 6>I do still encourage libertarians to illegally move to New Hampshire,

1038
00:52:13.159 --> 00:52:14.679
<v Speaker 6>but you have to put all of you have to

1039
00:52:14.679 --> 00:52:18.880
<v Speaker 6>donate all the money you don't pay taxes to help create. Uh,

1040
00:52:19.320 --> 00:52:22.960
<v Speaker 6>I love it. Uh So, Yeah, no, I think I

1041
00:52:23.039 --> 00:52:25.159
<v Speaker 6>think that one. I think that was that one's totally

1042
00:52:25.800 --> 00:52:29.599
<v Speaker 6>fair and and your libertarianism should not entail this form

1043
00:52:29.639 --> 00:52:31.840
<v Speaker 6>of what I would consider far leftism, which is where

1044
00:52:31.880 --> 00:52:34.199
<v Speaker 6>you think, like a stranger in China has the same

1045
00:52:34.280 --> 00:52:36.280
<v Speaker 6>you know, you have the same ethical obligation to them,

1046
00:52:36.360 --> 00:52:38.760
<v Speaker 6>and and and so on, as as your neighbors and

1047
00:52:38.800 --> 00:52:41.159
<v Speaker 6>your countrymen. Right, I think I think this is totally ridiculous.

1048
00:52:41.639 --> 00:52:43.679
<v Speaker 6>And there's nothing in the in the philosophy that should

1049
00:52:43.679 --> 00:52:45.320
<v Speaker 6>suggest that we have to believe.

1050
00:52:45.920 --> 00:52:47.920
<v Speaker 2>Yeah, no, you, you and I tend to tend to

1051
00:52:48.119 --> 00:52:51.400
<v Speaker 2>agree on these things more than uh. I guess this

1052
00:52:51.519 --> 00:52:54.920
<v Speaker 2>is what makes us, you know, right right leaning libertarians

1053
00:52:55.199 --> 00:52:58.239
<v Speaker 2>is the concentric circles, uh, you know, philosophy of the world.

1054
00:52:58.239 --> 00:53:01.280
<v Speaker 2>But I think it's just like it's just obviously logical

1055
00:53:01.280 --> 00:53:04.239
<v Speaker 2>and rational that you ought to concern yourself more with

1056
00:53:04.440 --> 00:53:07.719
<v Speaker 2>your neighbor's issues than you know, the war in Ukraine. Like,

1057
00:53:08.119 --> 00:53:11.000
<v Speaker 2>it's obvious to me that like what matters most to

1058
00:53:11.119 --> 00:53:14.079
<v Speaker 2>the survival of my family and my friends and my

1059
00:53:14.199 --> 00:53:18.039
<v Speaker 2>network is the local environment more than the foreign. But

1060
00:53:18.599 --> 00:53:21.280
<v Speaker 2>for whatever reason, some libertarians, I guess the left ones,

1061
00:53:21.320 --> 00:53:23.880
<v Speaker 2>they don't see it that way. They see anyone starving

1062
00:53:23.880 --> 00:53:26.000
<v Speaker 2>anywhere on Earth is just as important as my own

1063
00:53:26.039 --> 00:53:31.320
<v Speaker 2>child starving. It's like, yeah, that's that's fucking crazy. But anyways,

1064
00:53:31.400 --> 00:53:34.199
<v Speaker 2>that's my thought process on it. But do you have

1065
00:53:34.239 --> 00:53:37.280
<v Speaker 2>any any deep dive threads that you're working on it?

1066
00:53:37.639 --> 00:53:40.400
<v Speaker 2>So you said that you're trying to work on the housing.

1067
00:53:41.400 --> 00:53:43.480
<v Speaker 6>Is that I want any one on housing? Yeah? I

1068
00:53:43.519 --> 00:53:44.920
<v Speaker 6>want to. I want to. I want to well because

1069
00:53:44.920 --> 00:53:46.239
<v Speaker 6>I want to get to the bottom. Like again, like

1070
00:53:46.320 --> 00:53:49.280
<v Speaker 6>I'm and this is where maybe I probably broadly in

1071
00:53:49.320 --> 00:53:51.039
<v Speaker 6>that sort of right You're definitely I'm in the right

1072
00:53:51.039 --> 00:53:54.079
<v Speaker 6>wing cluster. But where I do break probably the most off.

1073
00:53:54.079 --> 00:53:57.480
<v Speaker 6>And it's like an exumit like like the sort of

1074
00:53:57.639 --> 00:54:01.079
<v Speaker 6>directionally spherical count market arguments or are often like that.

1075
00:54:01.320 --> 00:54:03.639
<v Speaker 6>I agree, they can sometimes be missing a piece, but

1076
00:54:03.960 --> 00:54:06.119
<v Speaker 6>it doesn't make them wrong, you know. And uh, and

1077
00:54:06.159 --> 00:54:10.519
<v Speaker 6>I think that often that it's hard. It's hard to

1078
00:54:10.559 --> 00:54:14.760
<v Speaker 6>think correctly about economics. It's not it's not intuitive, okay,

1079
00:54:14.840 --> 00:54:17.320
<v Speaker 6>And and and I think, like, but it doesn't make

1080
00:54:17.320 --> 00:54:20.000
<v Speaker 6>it wrong, right, like the things you know, and we

1081
00:54:20.039 --> 00:54:23.559
<v Speaker 6>can't we actually can't just like as much as I

1082
00:54:24.039 --> 00:54:26.559
<v Speaker 6>like your vibe checks and so on, we can't just

1083
00:54:26.639 --> 00:54:29.880
<v Speaker 6>get our way through everything like the times where we

1084
00:54:29.960 --> 00:54:32.239
<v Speaker 6>step back and think about things that really.

1085
00:54:32.440 --> 00:54:36.280
<v Speaker 2>Yeah, I think the reason, the reason I'm so interested

1086
00:54:36.320 --> 00:54:38.639
<v Speaker 2>in in you know, thinking these things through is that

1087
00:54:39.199 --> 00:54:41.639
<v Speaker 2>you know, we are we are in the position of

1088
00:54:41.639 --> 00:54:43.760
<v Speaker 2>being the reserve currency of the world, and the global

1089
00:54:43.760 --> 00:54:47.679
<v Speaker 2>economy rests on our decision making like it does. And

1090
00:54:48.000 --> 00:54:51.519
<v Speaker 2>does that mean that you know, we have to sacrifice

1091
00:54:51.519 --> 00:54:54.159
<v Speaker 2>ourselves to keep them alive. No, that's not what I'm saying.

1092
00:54:54.199 --> 00:54:57.159
<v Speaker 2>But like, it's super important that you get this right,

1093
00:54:57.360 --> 00:55:00.719
<v Speaker 2>like this, this wind down of US dollar as deserve currency,

1094
00:55:00.760 --> 00:55:03.559
<v Speaker 2>which will I think will is inevitable, not to say

1095
00:55:03.559 --> 00:55:06.880
<v Speaker 2>that it's imminent, but it is inevitable at some point,

1096
00:55:07.079 --> 00:55:10.599
<v Speaker 2>Like do you want to do you want to be Uh,

1097
00:55:10.639 --> 00:55:12.440
<v Speaker 2>in front of that, do you want to be a

1098
00:55:12.519 --> 00:55:14.119
<v Speaker 2>victim of it? Do you want to just have it

1099
00:55:14.280 --> 00:55:17.519
<v Speaker 2>happen as a consequence of debts that get untenable and

1100
00:55:17.559 --> 00:55:20.599
<v Speaker 2>then you have either a hyperinflation or a default outright? Like,

1101
00:55:21.039 --> 00:55:23.280
<v Speaker 2>I think that there's real reason to be thinking these

1102
00:55:23.320 --> 00:55:26.760
<v Speaker 2>things through like thoughtfully, because less you end up in

1103
00:55:26.800 --> 00:55:29.599
<v Speaker 2>a world war or something you know, catastrophic. Do you

1104
00:55:29.639 --> 00:55:31.519
<v Speaker 2>do you have any concerns about that? Or do you

1105
00:55:31.679 --> 00:55:34.159
<v Speaker 2>not spend any of your time on it?

1106
00:55:35.280 --> 00:55:39.960
<v Speaker 6>Uh? I'm I'm not. I'm not too much of a doomer.

1107
00:55:40.079 --> 00:55:43.639
<v Speaker 6>I'm like, I'm I'm like a things will you know,

1108
00:55:43.679 --> 00:55:45.679
<v Speaker 6>maybe get a little things will things will maybe get

1109
00:55:45.679 --> 00:55:49.920
<v Speaker 6>a little bit better. They won't change much, but they

1110
00:55:49.960 --> 00:55:53.159
<v Speaker 6>still they still could you know, things things change. The

1111
00:55:53.199 --> 00:55:55.519
<v Speaker 6>thing is when things change suddenly, it's it's often very

1112
00:55:55.599 --> 00:55:57.519
<v Speaker 6>unpredictable that it was gonna happen. You know, it looks

1113
00:55:57.559 --> 00:55:59.840
<v Speaker 6>predictable in hindsight, but it often wasn't here when you're

1114
00:56:00.079 --> 00:56:02.320
<v Speaker 6>and so you know, I don't I'm not someone who

1115
00:56:02.360 --> 00:56:04.519
<v Speaker 6>believes that history is over. So I think we will

1116
00:56:04.559 --> 00:56:08.679
<v Speaker 6>still see, like you know, big changes and and big

1117
00:56:08.719 --> 00:56:11.199
<v Speaker 6>shake ups. I think that I think the AI stuff

1118
00:56:11.239 --> 00:56:13.280
<v Speaker 6>is by far, you know, going to be the most

1119
00:56:13.280 --> 00:56:14.440
<v Speaker 6>interesting thing.

1120
00:56:15.960 --> 00:56:18.360
<v Speaker 2>Is this is a perfect perfect way to end it then,

1121
00:56:18.400 --> 00:56:21.079
<v Speaker 2>because you know you, people that aren't super familiar with

1122
00:56:21.119 --> 00:56:23.199
<v Speaker 2>you may not know that you're uh, you know, big

1123
00:56:23.239 --> 00:56:28.039
<v Speaker 2>tech background. What what is your expectation as to like

1124
00:56:29.360 --> 00:56:32.039
<v Speaker 2>what do you have any opinion as to the threshold

1125
00:56:32.039 --> 00:56:35.480
<v Speaker 2>by which it maximize? Mises like, do you think that

1126
00:56:35.559 --> 00:56:40.639
<v Speaker 2>this has the potential to actually replace artists and movie

1127
00:56:40.679 --> 00:56:45.559
<v Speaker 2>production and you know, just just obliterate all human endeavors.

1128
00:56:45.960 --> 00:56:47.760
<v Speaker 2>It sounds as if you don't think so, but I'm

1129
00:56:48.239 --> 00:56:49.000
<v Speaker 2>is it possible?

1130
00:56:50.320 --> 00:56:54.320
<v Speaker 6>Uh? Yeah? Like yes? And now uh, I think I think,

1131
00:56:54.360 --> 00:56:57.880
<v Speaker 6>I think things are going to change tremendously. I think

1132
00:56:57.880 --> 00:57:01.880
<v Speaker 6>that the idea that like, I think it's fairly likely

1133
00:57:01.920 --> 00:57:03.880
<v Speaker 6>that humans will still end up being in the loop

1134
00:57:04.000 --> 00:57:07.480
<v Speaker 6>for you for a long time. That I think things

1135
00:57:07.519 --> 00:57:13.039
<v Speaker 6>I think things will plateau, like I and probably already

1136
00:57:13.119 --> 00:57:15.480
<v Speaker 6>kind of are plateauing on this a little bit more

1137
00:57:15.559 --> 00:57:19.639
<v Speaker 6>than people. I think my understanding of it, I attempted

1138
00:57:19.639 --> 00:57:22.039
<v Speaker 6>to kind of go through uh and get a better

1139
00:57:22.119 --> 00:57:24.280
<v Speaker 6>understanding of how it all worked from a technical perspective.

1140
00:57:24.280 --> 00:57:25.639
<v Speaker 6>I mean, this stuff is new, Like I went I

1141
00:57:25.679 --> 00:57:27.360
<v Speaker 6>did get a college degree computer science back in the

1142
00:57:27.440 --> 00:57:30.960
<v Speaker 6>David this they there's much different then. I'm old now,

1143
00:57:31.480 --> 00:57:32.800
<v Speaker 6>but I did try to go through. I read some

1144
00:57:32.840 --> 00:57:34.880
<v Speaker 6>of the old papers and and and tried to get

1145
00:57:34.920 --> 00:57:36.880
<v Speaker 6>up to speed. And I think like the core thing

1146
00:57:37.000 --> 00:57:39.639
<v Speaker 6>is it's effectively you can almost reduce it down to

1147
00:57:39.800 --> 00:57:43.559
<v Speaker 6>it's it. There's a shockingly simple well not simple, you

1148
00:57:43.559 --> 00:57:46.239
<v Speaker 6>can reduce it. The insight, it's two things. It's like

1149
00:57:46.440 --> 00:57:50.239
<v Speaker 6>how much compute power are you throwing at at your

1150
00:57:50.360 --> 00:57:53.239
<v Speaker 6>the ll M that you're creating? And then what's the size?

1151
00:57:53.719 --> 00:57:57.119
<v Speaker 6>What's the body of work you know that you're that

1152
00:57:57.199 --> 00:57:59.519
<v Speaker 6>you're training it on. And part of why it's slowing

1153
00:57:59.519 --> 00:58:01.880
<v Speaker 6>down is like they've got it all, Like you know,

1154
00:58:01.960 --> 00:58:05.199
<v Speaker 6>this is these they've got, They've they've these agents have

1155
00:58:05.199 --> 00:58:07.360
<v Speaker 6>already been trained on like most of the Internet and

1156
00:58:07.440 --> 00:58:10.559
<v Speaker 6>like all available texts that they can find. This is

1157
00:58:10.599 --> 00:58:13.199
<v Speaker 6>also why they're so good at I don't know if

1158
00:58:13.199 --> 00:58:15.000
<v Speaker 6>you've used them for this, Like they're shockingly good at

1159
00:58:15.039 --> 00:58:17.719
<v Speaker 6>understanding like laws and all this political stuff, like they

1160
00:58:17.719 --> 00:58:20.039
<v Speaker 6>are they understand an incredible amount and that's because they

1161
00:58:20.039 --> 00:58:22.440
<v Speaker 6>were able to suck down a bunch of bodies of text,

1162
00:58:22.639 --> 00:58:24.840
<v Speaker 6>uh you know, uh, you know about all of this.

1163
00:58:25.760 --> 00:58:27.960
<v Speaker 6>So I think it will plateau a little bit because

1164
00:58:28.000 --> 00:58:31.280
<v Speaker 6>I don't think there's a ton more out there. And

1165
00:58:31.800 --> 00:58:33.840
<v Speaker 6>but what it can already do is so impressive that

1166
00:58:33.880 --> 00:58:36.599
<v Speaker 6>it's going to take that simply fine tuning it and

1167
00:58:36.599 --> 00:58:38.760
<v Speaker 6>and and the time it's going to take to propagate

1168
00:58:38.800 --> 00:58:41.440
<v Speaker 6>into all of these corners of our society and all

1169
00:58:41.480 --> 00:58:44.320
<v Speaker 6>of these areas of our society. I mean, my kids

1170
00:58:44.360 --> 00:58:47.159
<v Speaker 6>talk to a computer and like normal human language. It's

1171
00:58:47.199 --> 00:58:50.599
<v Speaker 6>like mind like, this was mind boggling that this would be,

1172
00:58:50.679 --> 00:58:55.639
<v Speaker 6>you know, possible five years ago. And yeah, yeah, I

1173
00:58:55.719 --> 00:58:57.679
<v Speaker 6>mean it is remarkable. I will also say the same time,

1174
00:58:57.719 --> 00:59:00.519
<v Speaker 6>how normal it feels, right like, because I I use

1175
00:59:00.559 --> 00:59:02.239
<v Speaker 6>this stuff all the time, and it feels like it's

1176
00:59:02.239 --> 00:59:04.679
<v Speaker 6>already like it's like it worked its way into my head.

1177
00:59:04.719 --> 00:59:06.079
<v Speaker 6>And I'm like, oh, I had the AI. Like it's

1178
00:59:06.119 --> 00:59:08.239
<v Speaker 6>like a brain, you know, it becomes a part of

1179
00:59:08.280 --> 00:59:10.880
<v Speaker 6>your It becomes a part of you like a tool. Right,

1180
00:59:10.920 --> 00:59:12.679
<v Speaker 6>We're good at integrating tools. This is part of what's

1181
00:59:12.719 --> 00:59:15.440
<v Speaker 6>sort of special about being human. It just feels normal

1182
00:59:15.480 --> 00:59:17.280
<v Speaker 6>now that this that I exist. But it's going to

1183
00:59:17.400 --> 00:59:19.719
<v Speaker 6>keep eating into all these various sectors of the economy,

1184
00:59:19.800 --> 00:59:21.159
<v Speaker 6>and it's going to go for a lot of things.

1185
00:59:21.960 --> 00:59:23.199
<v Speaker 6>We're gonna have to see how it plays out. I

1186
00:59:23.199 --> 00:59:25.360
<v Speaker 6>mean the optimist case is it becomes a tool that

1187
00:59:25.400 --> 00:59:28.880
<v Speaker 6>everyone can use and uh, you know, it allows people

1188
00:59:28.920 --> 00:59:31.639
<v Speaker 6>to force multiply and gets rid of things that that

1189
00:59:31.719 --> 00:59:36.000
<v Speaker 6>people didn't you know, have to do. So that would

1190
00:59:36.039 --> 00:59:37.440
<v Speaker 6>be that. Yeah, and we kind of talked about the

1191
00:59:37.440 --> 00:59:39.400
<v Speaker 6>downside before. So but this is it's gonna be the

1192
00:59:39.400 --> 00:59:41.800
<v Speaker 6>biggest thing to change the world, I think, uh in

1193
00:59:41.840 --> 00:59:43.119
<v Speaker 6>the coming you know, decade or two.

1194
00:59:43.639 --> 00:59:46.039
<v Speaker 2>Well, I totally agree. I mean, I think this is

1195
00:59:46.039 --> 00:59:49.159
<v Speaker 2>why I'm I'm concerning myself more with the plight of

1196
00:59:49.199 --> 00:59:53.679
<v Speaker 2>the the you know, the midwind American where like like,

1197
00:59:53.719 --> 00:59:55.920
<v Speaker 2>what are we going to do about these people? And

1198
00:59:56.880 --> 00:59:58.960
<v Speaker 2>you know, I care about them, like I know a

1199
00:59:58.960 --> 01:00:00.599
<v Speaker 2>lot of them. It's like I want I want to

1200
01:00:00.639 --> 01:00:03.079
<v Speaker 2>make sure that everybody is able to to contribute to

1201
01:00:03.119 --> 01:00:04.440
<v Speaker 2>society and have Yeah.

1202
01:00:04.480 --> 01:00:06.800
<v Speaker 6>Well, so okay, that's not I don't have much from

1203
01:00:06.800 --> 01:00:08.719
<v Speaker 6>Atomrapher because I think that's a really good question because

1204
01:00:08.719 --> 01:00:11.360
<v Speaker 6>it gets back to like these sort of more fundamental

1205
01:00:11.440 --> 01:00:15.480
<v Speaker 6>philosophical questions. People are getting less religious, you know, what

1206
01:00:15.519 --> 01:00:17.920
<v Speaker 6>does it mean to lead a good life? You know,

1207
01:00:18.000 --> 01:00:21.159
<v Speaker 6>what's the purpose of being here at all? You know,

1208
01:00:21.760 --> 01:00:24.880
<v Speaker 6>sound like you know, college like start or whatever, but like, hey,

1209
01:00:24.960 --> 01:00:27.280
<v Speaker 6>these are these are the these are kinds of the

1210
01:00:27.360 --> 01:00:31.360
<v Speaker 6>questions that uh, like it comes back to because you know, like,

1211
01:00:31.400 --> 01:00:33.239
<v Speaker 6>are we saying because I'm not saying that you're saying this,

1212
01:00:33.320 --> 01:00:35.559
<v Speaker 6>but like, could it be an implication? Would it really

1213
01:00:35.599 --> 01:00:37.599
<v Speaker 6>be an implication that if if we could invent a

1214
01:00:37.639 --> 01:00:42.159
<v Speaker 6>technology that's simply like like made work you know, much

1215
01:00:42.239 --> 01:00:44.360
<v Speaker 6>less necessary, that we should say no just so we

1216
01:00:44.400 --> 01:00:47.880
<v Speaker 6>can continue to to what you know, what are these

1217
01:00:47.920 --> 01:00:49.840
<v Speaker 6>people and you know, and what would they say if

1218
01:00:49.880 --> 01:00:51.960
<v Speaker 6>you ask them? Who's you know, these people whose jobs

1219
01:00:51.960 --> 01:00:54.440
<v Speaker 6>you're you're you know, you're you're you're trying you know,

1220
01:00:54.519 --> 01:00:58.199
<v Speaker 6>you're trying to protect so like and I think I

1221
01:00:58.239 --> 01:01:00.920
<v Speaker 6>think that like people won't also not that I trust,

1222
01:01:01.079 --> 01:01:03.719
<v Speaker 6>you know, like Sam Altman of all people, but you

1223
01:01:03.719 --> 01:01:06.360
<v Speaker 6>know this idea that like, even if there's massive returns

1224
01:01:06.400 --> 01:01:08.599
<v Speaker 6>to capital, like I don't think like billionaires are going

1225
01:01:08.679 --> 01:01:11.840
<v Speaker 6>to start like eating people for sport or like you know,

1226
01:01:11.960 --> 01:01:16.280
<v Speaker 6>hosting like hungered game. Like, Like I think that I'm

1227
01:01:16.360 --> 01:01:18.960
<v Speaker 6>optimistic about the future. I think like it can we

1228
01:01:19.000 --> 01:01:20.880
<v Speaker 6>can be it can be a little bit like nerve wracking,

1229
01:01:20.920 --> 01:01:24.480
<v Speaker 6>but like generally, like the Internet was great, like the

1230
01:01:25.159 --> 01:01:28.639
<v Speaker 6>internal combustion engine was great, like technical technological innovation, like

1231
01:01:28.760 --> 01:01:31.800
<v Speaker 6>they've generally it's very very rare that we've regretted them,

1232
01:01:31.840 --> 01:01:34.840
<v Speaker 6>and I understand that this is like an one that

1233
01:01:34.880 --> 01:01:37.360
<v Speaker 6>should make us nervous and like rightfully, so I'm not

1234
01:01:37.400 --> 01:01:39.760
<v Speaker 6>trying to paint too like a two rose of a picture,

1235
01:01:39.800 --> 01:01:42.039
<v Speaker 6>but like I think we should have baseline optimism that

1236
01:01:42.079 --> 01:01:44.440
<v Speaker 6>this will like ultimately make things better because it's really

1237
01:01:44.480 --> 01:01:47.519
<v Speaker 6>powerful tool. It's a cool tool for anyone who's used that.

1238
01:01:47.599 --> 01:01:50.639
<v Speaker 6>And so rather than being fearful, like I think we should, generally,

1239
01:01:50.679 --> 01:01:52.760
<v Speaker 6>it's better to like, you know, approach up from a

1240
01:01:52.800 --> 01:01:55.880
<v Speaker 6>place of of of of optimism, not like reckless confidence,

1241
01:01:56.119 --> 01:01:57.079
<v Speaker 6>but from a place of like.

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01:01:57.519 --> 01:02:00.960
<v Speaker 2>Yeah, yeah no. And I I I mean, ultimately, I

1243
01:02:01.000 --> 01:02:03.760
<v Speaker 2>think I am optimistic. It's just that in the in

1244
01:02:03.840 --> 01:02:08.960
<v Speaker 2>the interim, I'm like, oh, it's gonna get rocky. But anyways, Jeremy,

1245
01:02:08.960 --> 01:02:10.360
<v Speaker 2>go ahead and tell people where they can follow you.

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01:02:11.519 --> 01:02:15.760
<v Speaker 6>I'm approaching two thousand followers on x X dot COM's

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01:02:15.800 --> 01:02:18.039
<v Speaker 6>last Jeremy Coffin followers.

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01:02:19.679 --> 01:02:21.320
<v Speaker 2>Yeah you said two thousand you passed.

1249
01:02:21.880 --> 01:02:24.719
<v Speaker 6>Yeah, I think I'm technically racing you to beat reason,

1250
01:02:24.760 --> 01:02:26.880
<v Speaker 6>although you're gonna crush me. So, but I could use

1251
01:02:27.079 --> 01:02:30.880
<v Speaker 6>charity followers, please if you follow Clint, I need charity follows. Okay,

1252
01:02:30.920 --> 01:02:33.159
<v Speaker 6>I've gotta be I've gotta beat him. Uh. And then

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01:02:33.280 --> 01:02:35.920
<v Speaker 6>I'm very active in the New Hampshire Libertarian movement. Libertarians

1254
01:02:35.920 --> 01:02:38.519
<v Speaker 6>are winning uh in New Hampshire. So you know, if

1255
01:02:38.519 --> 01:02:40.719
<v Speaker 6>you think Trump's not going far enough, you know, New

1256
01:02:40.719 --> 01:02:43.360
<v Speaker 6>Hampshire might be the place the place for you.

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01:02:43.880 --> 01:02:44.119
<v Speaker 2>Uh.

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01:02:44.159 --> 01:02:46.199
<v Speaker 6>So come on out to Portfast this summer or any

1259
01:02:46.239 --> 01:02:48.679
<v Speaker 6>of the Free State Project events. It's we're taking over

1260
01:02:48.719 --> 01:02:51.679
<v Speaker 6>the government here in New Hampshire. We're gonna we're gonna

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01:02:51.719 --> 01:02:52.559
<v Speaker 6>drive them in the bathtub.

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01:02:52.960 --> 01:02:56.960
<v Speaker 2>So I'm about to hop on the Tom Wood Show.

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01:02:57.000 --> 01:02:58.599
<v Speaker 2>You want me to ask Tom if you if you

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01:02:58.639 --> 01:02:59.239
<v Speaker 2>could join us?

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01:03:00.199 --> 01:03:03.199
<v Speaker 6>Uh, I don't If he if he wants me on,

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01:03:03.280 --> 01:03:05.199
<v Speaker 6>I'm happy to come on. I feel like he normally does.

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01:03:05.480 --> 01:03:07.119
<v Speaker 6>Uh you know, one on ones. But yeah, I'm a

1268
01:03:07.239 --> 01:03:07.760
<v Speaker 6>I'm around.

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01:03:07.960 --> 01:03:10.519
<v Speaker 2>Okay, let me let me ask him. I'll get back

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01:03:10.519 --> 01:03:12.000
<v Speaker 2>to you in like one minute, right.

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01:03:12.280 --> 01:03:15.719
<v Speaker 6>All right, welcome to Liberty Lockdown.

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01:03:15.800 --> 01:03:17.840
<v Speaker 2>Let's kind of your block hole, you liberty in come,

1273
01:03:17.920 --> 01:03:20.000
<v Speaker 2>but yeah, it's on hole. It's where did it come from?

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01:03:20.079 --> 01:03:20.639
<v Speaker 6>And where did he