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Speaker 1: All media. How much a dollar cost.

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Speaker 2: That's the phrase we use to explain when we're about

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Speaker 2: to talk about some economics.

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Speaker 1: Obviously we have to talk about.

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Speaker 2: Turff's Outheast DC East capital projects.

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Speaker 1: That's where my mama from.

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Speaker 2: You know, obviously I'm West Killer Kelly West Coast LA Native,

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Speaker 2: but my mama from the district. You know what I'm saying.

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Speaker 2: I got an aunt Caroling, Really I do.

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Speaker 1: It's her. It's the third oldest of her siblings. No.

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Speaker 2: Aunt Curling's son was named arn Come on, now, everybody

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Speaker 2: from the DNV stand up, you feel me. My mama

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Speaker 2: from the district. That's why I'll be making all the

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Speaker 2: tarOf jokes. Gotta take care of your mother and your father.

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Speaker 2: That's out for these bamas out here. You know what

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Speaker 2: I'm saying where these Bama's from. Look, man, listen to

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Speaker 2: go go.

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Speaker 1: This one thing is got me dripping.

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Speaker 2: Don how much a dollar cost? It was a song

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Speaker 2: on Pimple Butterfly was where the name how much? I'm

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Speaker 2: saying this for all the new people who just may

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Speaker 2: have just joined the show because the show is growing. Finally,

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Speaker 2: thank you for sharing the show with the hommies where

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Speaker 2: I'm like I'm really trying to make this thing crack.

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Speaker 2: So please, I never do the like and subscribe, you

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Speaker 2: know what I'm saying, leave a comment, but like, please,

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Speaker 2: good god. It was a song onto Pimp a Butterfly,

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Speaker 2: which has more to do with like, you know, kind

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Speaker 2: of like selling out for fame. You know that money

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Speaker 2: is so important that like so basically the price you

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Speaker 2: paid for that money you got was your soul is

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Speaker 2: the concept of the song. But the way I'm using

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Speaker 2: it is that, yeah, it takes money to make money.

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Speaker 2: So every dollar has a price on it, and it's

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Speaker 2: not just a dollar. When my daughter when she was

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Speaker 2: like getting a little older and started asking for us

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Speaker 2: to you know, she wanted to go to in and

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Speaker 2: Out and Chick fil A.

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Speaker 1: She's wanted to go out to eat every day.

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Speaker 2: I needed to explain to her that trying to explain

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Speaker 2: to her that like people get paid hourly, you know,

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Speaker 2: for the amount of work it takes for us to

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Speaker 2: be able to buy that ten dollar meal. You know,

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Speaker 2: like if you're doing minimum wage, with minimum wage out

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Speaker 2: here twenty two bucks an hour, like so if it's

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Speaker 2: like okay, then your eleven dollar meal is a half

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Speaker 2: hour work, right, so you know you want to do that,

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Speaker 2: and then you want to stop for some jamva juice,

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Speaker 2: and then you want to like, you know, get ice

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Speaker 2: cream later on and then get do sheh. At the

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Speaker 2: end of the day, it's like, okay, well that equals

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Speaker 2: that those dollars cost time?

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Speaker 1: Right? How much does the collar cost?

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Speaker 2: And that time is time away from you like that

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Speaker 2: Mommy and Daddy have to go to work to it.

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Speaker 2: So that's how much that cost. Now, it wasn't so

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Speaker 2: that she would not like ask us for stuff. It

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Speaker 2: was more just for her to understand, you know.

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Speaker 1: The value of a dollar. You know what I'm saying, Like,

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Speaker 1: how much is that worth? For you?

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Speaker 2: In more street sense, it's like how much is your

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Speaker 2: backpack worth? How much is your bike worth?

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Speaker 1: Is it worth?

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Speaker 2: This fade you finna get when somebody can run up

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Speaker 2: and say, borrow your bike right quick?

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Speaker 1: I remember, like you have to look.

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Speaker 2: I used to have to look them votos in the

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Speaker 2: face and be like, I'll die for this backpack.

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Speaker 1: Of course I won't die for the backpack.

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Speaker 2: But that's how much would this backpack cost?

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Speaker 3: You?

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Speaker 1: Still in my backpack?

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Speaker 2: Yeah, the backpack's like twenty five thirty fifty dollars. But

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Speaker 2: I'm willing to run a fade over a fifty dollars thing.

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Speaker 2: It's gonna cost me way more than the price of

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Speaker 2: this backpack, But what I receive in that is safe

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Speaker 2: passage the next time.

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Speaker 1: I would like to walk.

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Speaker 2: Through my own neighborhood to get home. How much a

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Speaker 2: dollar cost? Today we're gonna talk about how much these

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Speaker 2: tariffs are really gonna cost.

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Speaker 1: How much a dollar costs? The Trump versus.

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Speaker 2: Everybody addition hood politics, y'all.

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Speaker 1: Hey, how's everybody doing.

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Speaker 2: This is the first Monday of the month, which means

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Speaker 2: that yesterday was the first Sunday. Thank you for y'all

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Speaker 2: who pulled up to Real Ones. One of you said

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Speaker 2: was like, yo, I'm a fan of the show. I

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Speaker 2: was like, word, that's why you hear? That's dope, man.

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Speaker 2: I hope that for what a good time. I forgot

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Speaker 2: your name. I apologize, but I'm so glad you pulled

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Speaker 2: up and enjoyed yourself. I'm trying to see this year

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Speaker 2: for all these worlds to combine, like the rap world,

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Speaker 2: for which please listen to this. If you're listening to

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Speaker 2: this Wednesday this week, that means Friday, you would have

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Speaker 2: in your hands the first single of the new music

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Speaker 2: I'm rolling out called Passion Project. Matter of fact, Matt Alsowski,

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Speaker 2: why don't you throw a little little snit bit of

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Speaker 2: Passion Project out this mug right here?

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Speaker 1: I wait, I get it.

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Speaker 2: I wish they learned to listen a goal when that's

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Speaker 2: the million, your blessings and my children, though, change their

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Speaker 2: direction effective ast penicilin your project, you'll probably repeat these syllableles,

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Speaker 2: spin a pool all, drive out a sentinel.

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Speaker 1: Why thank you, Passion Project?

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Speaker 2: I got dnal Gwan and Genni Bowle's perfect start, creases

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Speaker 2: in my dinner, Moore my linen bro practicing diligence.

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Speaker 1: You know what a couple of young.

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Speaker 2: Leans offended by your incellence in hebritage passion that.

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Speaker 1: Me and stick past them.

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Speaker 2: While we all know that Spotify does not pay well,

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Speaker 2: it pays way more when you own the masters and

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Speaker 2: I own the Masters, So stream away. But yeah, all right,

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Speaker 2: I'm gonna talk to y'all. Let me let me lay

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Speaker 2: the day out, because it's definitely teach your prop Now.

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Speaker 2: I'm pretty sure y'all haven't seen and heard, because that's

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Speaker 2: all everybody talking about. Besides the if you and our

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Speaker 2: if you in our social space, the hands off my

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Speaker 2: democracy protests, which I'm a little I'm a little out

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Speaker 2: of the loop about it because it seems as though

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Speaker 2: overall the black community sat this one out. It was like,

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Speaker 2: y'all are already erasing Black lives matter. But we tried

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Speaker 2: to tell you, okay, it's your turn. Where we at?

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Speaker 2: We we got you the civil right, like, come on, fam,

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Speaker 2: We tried to tell y'all. Told y'all that we told

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Speaker 2: you they was coming for you. Now is yo your turn?

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Speaker 2: You go march? We been marching now I'm all about

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Speaker 2: solidarity among suffering folks. This got a fuddy though. What

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Speaker 2: I'm saying is if you not, if your news ain't

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Speaker 2: talk about that, if y'all apparently y'all done talking about

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Speaker 2: what the hell that thing? Oh the Signal HUTHI group,

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Speaker 2: And you know what I Sawbody sent me a clip

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Speaker 2: from Joe Rogan show where whoever they had on that

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Speaker 2: Let me let me find who they had on that thing,

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Speaker 2: because like somebody actually made a humane statement, you know

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Speaker 2: what I'm saying, which you don't get much. So I'm

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Speaker 2: really Dave Smith, whoever the hell that is was on

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Speaker 2: Joe Rogan and he was like, look, dude, the thing

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Speaker 2: that bothers me was how like do none of you,

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Speaker 2: like all of y'all are okay with this? I understand,

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Speaker 2: how how are all of you okay with this? Are

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Speaker 2: we ignoring one of the open statements when they said, oh,

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Speaker 2: we found the guy we're looking for. He just walked

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Speaker 2: into this apartment building. Let's bomb the apartment building, y'all

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Speaker 2: are nobody has an objection. Nobody has an objection with

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Speaker 2: First of all, Yemen is the poorest country in the

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Speaker 2: Middle East who's already locked into a civil war and

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Speaker 2: it's really not our problem, like we and we're bombing

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Speaker 2: them to help Israel because the whu this feel like

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Speaker 2: this senseless war against the people the gods that they

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Speaker 2: trying their best at the fen in Naomi and we

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Speaker 2: just gonna bomb. We're gonna bomb a whole ass apartment building.

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Speaker 2: This guy Dave was like, do none of y'all believe

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Speaker 2: there's a god like even if like at least some

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Speaker 2: semblance in that, like, maybe this god or the universe

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Speaker 2: gonna have something to say about the fact that you

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Speaker 2: bomb in these people, Like you're really like openly killing

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Speaker 2: innocent people. Obviously a lot of us feel like, well

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Speaker 2: that question has been at and answered a long time ago,

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Speaker 2: or we wouldn't have been in this place in the

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Speaker 2: first place. Speaking to Gaza, y'all see this anti apartheid

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Speaker 2: club our shirt.

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Speaker 1: I'm rocking here.

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Speaker 2: But if you're on the if you're on the Ears edition,

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Speaker 2: please go follow Pali Roots. They did not ask me

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Speaker 2: to do this. My homeboy Jared out in New Zealand,

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Speaker 2: who's like one of the most well informed educated, just

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Speaker 2: an incredible, incredible, Like sometimes I feel like this man

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Speaker 2: talking circles around me. I've never had nobody be able

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Speaker 2: to explain justice to me, especially a white boy, like

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Speaker 2: I mean, he's incredible. But he put me onto the

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Speaker 2: Pali Root Roots. They slang merch and feed Palestinian children.

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Speaker 2: It's really simple. So yeah, speaking of a senseless war

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Speaker 2: in God, since we done talk about that. Now we

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Speaker 2: talking about our own money. We might as well do

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Speaker 2: some lessons here now caveat. Like I've said many times

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Speaker 2: when I was taking the Sea set, which is the

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Speaker 2: single subject education credentially to be able to teach in California,

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Speaker 2: since I taught social sciences, to three part tests, and

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Speaker 2: each part has two parts, has three parts. There's an essay,

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Speaker 2: there's whatever. When it got to the economics one, I

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Speaker 2: failed that mug three times because of the stuff we

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Speaker 2: about to talk about again in here.

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Speaker 1: This is our review.

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Speaker 2: If you've been a fan of the show, economics at

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Speaker 2: least the way we talk about it don't make sense

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Speaker 2: to me. It seems like you're making this way more

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Speaker 2: difficult than it needs to be. To me, economics was simple.

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Speaker 2: Don't spend money you ain't got. I don't know, Spend

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Speaker 2: less than you make, make more than you spend. If

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Speaker 2: you're going to invest, you want to make sure you

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Speaker 2: sell it for more than you bought it for. It

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Speaker 2: just seems like, I don't know, don't spend money you

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Speaker 2: ain't got. It seemed real simple to me. Apparently there

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Speaker 2: are terms for all that, and there are charts to

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Speaker 2: measure it. It just don't make sense to me, Like,

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Speaker 2: I don't understand why you need all these words to

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Speaker 2: say that. And you start getting than the speculation where

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Speaker 2: you're saying, I think this is going to cost this much.

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Speaker 2: What when people say they're worth a billion dollars, but

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Speaker 2: that's what you believe when you add all their assets together,

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Speaker 2: that's like, so it's imaginary. Well how much money you

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Speaker 2: got in your bank? They'd be like, well, ten thousand dollars.

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Speaker 2: I'm like, nigga, and that's how much money you got.

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Speaker 2: I don't understand how you could be worth a billion dollars,

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Speaker 2: but you had to take it. You got this private jet,

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Speaker 2: but you got to take out a mortgage to be

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Speaker 2: able to pay the gas. Then like, you ain't got

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Speaker 2: Like my grandma used to say, as long as somebody

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Speaker 2: owe you money, you'll never be broke. So what they

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Speaker 2: say is, I'm like, well, then you don't go to

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Speaker 2: borrow somebody else's money. I'm like, you can't owe a

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Speaker 2: billion dollars and say you have a billion dollars, you

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Speaker 2: have no money if you owe a billion, Like that's

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Speaker 2: the way I thought.

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Speaker 1: I don't know.

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Speaker 2: That's probably why I'm not rich, because to me, I

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Speaker 2: was like, I don't understand his works. And then you

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Speaker 2: have this economic theory called the everyday man. And the

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Speaker 2: everyday man is like the average person. So when you

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Speaker 2: read these charts, it's calibrated to what they would call

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Speaker 2: the average person. The only problem with the average person

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Speaker 2: is nobody is that person because that person is not

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Speaker 2: an age.

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Speaker 1: It's between the age of that person.

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Speaker 2: Don't live in a particular city, they live in any

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Speaker 2: town city. They got two point five kids. Nobody on

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Speaker 2: the planet ever, in the existence of human beings, has

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Speaker 2: had half a child.

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Speaker 1: That's just not I like.

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Speaker 2: So, why are all of your models based on a

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Speaker 2: human that none of us can be? That just does it.

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Speaker 2: I don't understand. Your whole system don't work if no

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Speaker 2: one can no one is the average, Well you at

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Speaker 2: it all together. I'm like, that don't make sense to me.

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Speaker 2: I'm just supposed to accept that the calibration of this

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Speaker 2: thing is a person that none of us are. When

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Speaker 2: you start saying the economy is good, you mean the

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Speaker 2: line go up, so that means the economy bad when

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Speaker 2: the line go down. It seemed to me like because

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Speaker 2: of these tariffs, you're telling me that Trump and Zuckerberg

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Speaker 2: and Bezos and old Elon have lost a billion dollars.

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Speaker 2: It looked like they life ain't no different. That's an

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Speaker 2: imaginary number. I don't understand how that line means money. Like,

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Speaker 2: this is why it It was so hard for me.

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Speaker 2: So when you say the economy good or the economy bad.

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Speaker 2: I'm like, either way, I can't afford the head. Even

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Speaker 2: when you said the economy was good, these eggs cost

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Speaker 2: too much. Now you say the economy bad, the ad

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Speaker 2: price of the eggs ain't change. The only way we're

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Speaker 2: affected is when you is. When the line go up,

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Speaker 2: y'all make money. When the line go down, y'all start

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Speaker 2: downsizing and firing people.

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Speaker 1: It's imaginary money. I just don't understand.

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Speaker 2: So that's how we affected is we lose jobs because

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Speaker 2: your imaginary line went down. I've since learned that it's

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Speaker 2: a lot more to it than that. But this is

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Speaker 2: why I failed it three times because I was trying to.

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Speaker 2: I was like, make it make sense. You have to

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Speaker 2: to understand economics. You have to suspend reality in the

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Speaker 2: same way of accepting when you watched Game of Throne,

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Speaker 2: you just accepted a world that had dragons, like the

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Speaker 2: dragons were just a part of the universe that like

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Speaker 2: was so as a matter of fact, that like nobody

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Speaker 2: we weren't even like we weren't even it's not even

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Speaker 2: the point of the show. You just have to accept it.

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Speaker 2: So to understand the stuff I'm finna talk about there's

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Speaker 2: a little bit of like you have to suspend reality.

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Speaker 2: But once you suspend reality of like these numbers don't

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Speaker 2: seem like real number, then it all starts making sense.

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Speaker 2: And then you could see how things that are imaginary

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Speaker 2: actually do affect us, like borders they're made up, and

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Speaker 2: specifically money. It's not real, but it's real when the

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Speaker 2: bill collects this call. Now let's get a crack at

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Speaker 2: home boy. First, I'm gonna say what is a tariff?

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Speaker 2: I'm gonna say what Trump thinks this is gonna do?

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Speaker 2: And then counterpoint and then how the rest of the

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Speaker 2: world dropped a clap back? You guys ready Trump versus everybody.

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Speaker 1: Let's dive in, all right, tariffs.

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Speaker 2: The question when you're a teacher oftentimes is like how

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Speaker 2: far back into the rabbit hole do you go? Especially history,

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Speaker 2: it's like where do you start the story? Because everything

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Speaker 2: has context, But let's put it all together, right this

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Speaker 2: like this for us to understand where we get into today.

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Speaker 2: So tariffs, you have to step back and think about

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Speaker 2: industrial revolution and creating products in industry to try to

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Speaker 2: get your weight up, and then trying to sell that

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Speaker 2: to the rest of the world. When you're a brand

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Speaker 2: new baby country, a brand new babyhood, a brand new anything.

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Speaker 1: You need to learn how to get.

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Speaker 2: Your what you're gonna make, what you're gonna be good at,

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Speaker 2: and how you're gonna make some bread. But since you

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Speaker 2: the new kid on the block, people been making stuff

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Speaker 2: the whole time, but you trying to get into the game.

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Speaker 2: So the only way to get into the game is

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Speaker 2: you gotta get your weight up. You gotta make something

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Speaker 2: you got. You gotta develop a product that the rest

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Speaker 2: of the world needs or can't get anywhere else. I know,

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Speaker 2: when I be making music, one thing I always have

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Speaker 2: to remind myself is like, what's my unfair advantage?

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Speaker 1: What do I have?

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Speaker 2: What do I have to offer that you can't get

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Speaker 2: from any other album? You know, there's one hundred thousand

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Speaker 2: songs uploaded to the strength to like DSP's a day.

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Speaker 1: So I'm like, how do you get through the noise? Well?

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Speaker 2: I have to offer something or I have to try

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Speaker 2: to offer something. Nobody else will. It's all just still

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Speaker 2: just rap music. But like why meat? So when you're

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Speaker 2: you're a baby, young scrappy country, hell my god, right,

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Speaker 2: youre trying to get in the game because apparently you

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Speaker 2: can't just enslave people and make money from cotton, because

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Speaker 2: that's racist.

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Speaker 1: Oh my god, you have to figure out how to

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Speaker 1: make other stuff.

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Speaker 2: You can't just export human now you want and you

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Speaker 2: want your people to buy your stuff. But sometimes the

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Speaker 2: people as they were then are now like they stuff,

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Speaker 2: and they like they stuff for cheap. So if I

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Speaker 2: could get a better product somewhere else, I don't care

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Speaker 2: how young and scrappy your government is or your country is.

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Speaker 1: That don't make no difference to me. I need a

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Speaker 1: pot because.

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Speaker 2: You remember, before the Industrial Revolution, most people made their

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Speaker 2: own stuff, or you had a blacksmith that like lived

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Speaker 2: a few barns down, like you made your own clothes.

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Speaker 2: There wasn't a mass manufacturing of any Everybody made their

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Speaker 2: own stuff, and then you just traded among each other.

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Speaker 1: Was it a big deal? Once our world got connected? Right?

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Speaker 2: Once we started like just at an exponentially alarming rate,

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Speaker 2: just started extracting minerals from the ground, figuring out thanks

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Speaker 2: to uh, you know, our Nazi friend Henry Ford, to

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Speaker 2: put together an assembly line, and you can make things

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Speaker 2: with just replaceable parts, where like widgets, it's like I

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Speaker 2: don't need just I don't need a blacksmith to make

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Speaker 2: a bespoke custom perfect screw like this. No, you just

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Speaker 2: make interchangeable parts. I make a million of those screws

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Speaker 2: and then a million of those bolts. You just have

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Speaker 2: them in a bucket, and they could make anything. You

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Speaker 2: know what I'm saying, Like everything stopped being bespoke, right,

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Speaker 2: But you trying to get your weight up. You know,

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Speaker 2: we building these factories, we look we trying to get

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Speaker 2: We trying to get on a map too, But the

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Speaker 2: rest of the world had a head start.

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Speaker 1: So at this point, almost.

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Speaker 2: Everything once you know, once the world got more connected,

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Speaker 2: most of the stuff we was getting and given and

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Speaker 2: stuff like that, they had such a head start on us.

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Speaker 2: It was like, well, well, how do we get our

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Speaker 2: people to buy our stuff? So we say, well, we

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Speaker 2: can't beat they prices. And it's kind of not fair

351
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Speaker 2: because these people getting the hell of wealthy based on

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Speaker 2: our appetite, but they not buying our stuff, you know

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Speaker 2: what I'm saying.

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Speaker 1: So what do I do?

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Speaker 2: Will you set up these things initially to protect your industries? Now,

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Speaker 2: I want you to remember that you're trying to protect

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Speaker 2: your own industries and by doing that, while you are

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Speaker 2: working to get your quality together as like a temporary

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Speaker 2: thing to be Like hold up, man, Like we need

360
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Speaker 2: a chance to catch up, y'all just can't just like

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Speaker 2: this is our market, like this is our buyer base,

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Speaker 2: Like give me a second. If you just gonna sell

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Speaker 2: to them, like I'm never gonna catch up. So like

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Speaker 2: you know what, dude, Like we're the ones running all

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Speaker 2: the infrastructure here. We don't want hire in these people.

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Speaker 2: We don't want giving them the money, giving them their

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Speaker 2: money to be able to buy the stuff from you.

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Speaker 1: Anyway.

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Speaker 2: We paying for the street lights, we're paying for the police,

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Speaker 2: We're paying for all this stuff.

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Speaker 1: We're not getting no return from it as a government.

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Speaker 2: So if you just gonna come over here and make money,

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Speaker 2: like I need a percentage of that. And this is

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Speaker 2: why I say every gangster understands terror.

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Speaker 1: Right now. Big U was in the news.

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Speaker 2: If you follow culture like I do, big U is

377
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Speaker 2: a famous for all in sixty crip who got out,

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Speaker 2: and he started a lot of gang intervention programs for

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Speaker 2: which I have directly been been affected by in a

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Speaker 2: good way.

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Speaker 1: He got out.

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Speaker 2: I was a little I was definitely a little older

383
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Speaker 2: by the time he got out, but a lot of

384
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Speaker 2: the love hummies, even you know, dudes that would have

385
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Speaker 2: continued down routes that would have really ended their lives

386
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Speaker 2: kind of got involved in his programs, you know what

387
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Speaker 2: I'm saying, And that like so as far as like

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Speaker 2: the connection to the community, I owe a lot to

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Speaker 2: his programs. Now, I'm saying this as somebody that's not

390
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Speaker 2: a gang member, and you have to remember with gangs.

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Speaker 1: They also have rivals.

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Speaker 2: So just because this one person is getting a certain

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Speaker 2: amount of like community, notoriety or publicity or exceeding, they

394
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Speaker 2: have enemies. In addition to what he was doing is

395
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Speaker 2: he had sort of like an entertainment wing where he

396
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Speaker 2: was managing a lot of artists and not the least

397
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Speaker 2: of which was Nipsey Husk because Nipsey was also a

398
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Speaker 2: Rolling sixty cript. Now, there's a tradition in California called

399
00:20:16,480 --> 00:20:19,199
Speaker 2: checking in. Now, I remember in Detroit they used to

400
00:20:19,200 --> 00:20:22,679
Speaker 2: have like the no Fly Zone, Like this was a

401
00:20:22,760 --> 00:20:25,120
Speaker 2: famous thing in Detroit where they told rappers like don't

402
00:20:25,160 --> 00:20:27,440
Speaker 2: come here, and before if you gonna come here doing

403
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Speaker 2: the show here, we need to make a percentage. You

404
00:20:30,280 --> 00:20:32,720
Speaker 2: need to put one of our artists on every time.

405
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Speaker 2: And if I see you have a show. If I

406
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Speaker 2: see your name on a flyer and it ain't no

407
00:20:35,760 --> 00:20:38,560
Speaker 2: Detroit artists on here, I'm taking your whole bag and

408
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Speaker 2: we taking over the show.

409
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Speaker 1: OLG and Detroit charged the tariff.

410
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Speaker 2: If you are coming here to make some money off

411
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Speaker 2: your music, you need to put our artists on your bill.

412
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Speaker 2: And if you don't, I'm shutting down and I'm taking

413
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Speaker 2: your money.

414
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Speaker 1: Just check in with us.

415
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Speaker 2: We'll make it work out so that now this is

416
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Speaker 2: mutually beneficial. Our guys are making a little more money.

417
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Speaker 2: You know what I'm saying, You're because you're not just

418
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Speaker 2: gonna use our city to fill your pot. Check it

419
00:21:01,840 --> 00:21:05,520
Speaker 2: in out here. I bring up big you because uh

420
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Speaker 2: he had a podcast called checking In, and he talked

421
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Speaker 2: often about the importance of when you come to California,

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Speaker 2: you have to check in. Now what that sould to

423
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Speaker 2: to these young dumb rappers who are trying to who

424
00:21:19,160 --> 00:21:20,680
Speaker 2: want to get you know, they want to go down

425
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Speaker 2: to the hood and you know, you want to shoot

426
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Speaker 2: a music.

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Speaker 1: Video down there. You want lo los, you know what.

428
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Speaker 2: I'm saying, Like you want to you want to you know,

429
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Speaker 2: you know what I'm saying. You want to look like

430
00:21:27,640 --> 00:21:29,600
Speaker 2: you outside like you like you real out here. But

431
00:21:29,640 --> 00:21:31,960
Speaker 2: most importantly, you don't want your chain snatch. You don't

432
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Speaker 2: want to get robbed the second you get to the hotel.

433
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Speaker 2: Because here's the thing. The person parking your car don't

434
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Speaker 2: live in Beverly Hills. That person live in Compton. You

435
00:21:41,480 --> 00:21:43,719
Speaker 2: think he ain't see you come off that car shining.

436
00:21:43,920 --> 00:21:46,040
Speaker 2: You think he ain't called the hummies to set you up.

437
00:21:46,080 --> 00:21:48,080
Speaker 2: You think that man don't know what room you in

438
00:21:48,240 --> 00:21:50,760
Speaker 2: because you had to give him the room number check in.

439
00:21:51,359 --> 00:21:54,120
Speaker 2: So it's supposed to be that like, okay, so hey,

440
00:21:54,119 --> 00:21:57,320
Speaker 2: I'm coming, you got me and make sure Like now,

441
00:21:57,359 --> 00:21:59,160
Speaker 2: you got to remember you checking in with a man

442
00:21:59,200 --> 00:22:02,600
Speaker 2: that's a total stress. He don't know you, but you

443
00:22:02,600 --> 00:22:05,000
Speaker 2: know you coming in here with bands and you're finna

444
00:22:05,000 --> 00:22:07,760
Speaker 2: make bands. So I made this joke before. It's like,

445
00:22:08,040 --> 00:22:09,800
Speaker 2: you know, you get put on you, you run twenty

446
00:22:09,840 --> 00:22:12,320
Speaker 2: racks of the hood. You can shoot your video down here. Yeah,

447
00:22:12,320 --> 00:22:14,439
Speaker 2: we'll make sure, we'll make sure you don't get robbed

448
00:22:14,560 --> 00:22:17,239
Speaker 2: by us. But then but then what the streets do

449
00:22:17,720 --> 00:22:20,480
Speaker 2: They called a set down the road, give them the

450
00:22:20,520 --> 00:22:23,320
Speaker 2: access code, they rob you, and then we split it.

451
00:22:23,520 --> 00:22:26,399
Speaker 1: So you paid us to let you do this. We

452
00:22:26,480 --> 00:22:27,600
Speaker 1: tried to protect you.

453
00:22:27,600 --> 00:22:29,959
Speaker 2: You mess around and win somewhere else you wasn't supposed to,

454
00:22:30,280 --> 00:22:32,560
Speaker 2: and them niggas robbed you. Now you don't know that

455
00:22:32,600 --> 00:22:36,439
Speaker 2: we sent them niggas over there, but like if of

456
00:22:36,480 --> 00:22:38,640
Speaker 2: course he gonna and then you who you gonna call?

457
00:22:38,880 --> 00:22:42,520
Speaker 2: Schoolboy Q has a great interview when he was on

458
00:22:42,640 --> 00:22:45,040
Speaker 2: Drink Champs A buy all y'all niggas want to check in?

459
00:22:45,160 --> 00:22:45,520
Speaker 1: Everybody?

460
00:22:45,520 --> 00:22:47,560
Speaker 2: Will I say our favorite thing, y'all want to check in?

461
00:22:47,640 --> 00:22:51,159
Speaker 2: You think this man who got enemies, That's what I

462
00:22:51,200 --> 00:22:54,399
Speaker 2: mean by like remember like you from it. If you're

463
00:22:54,440 --> 00:22:57,440
Speaker 2: from a set, your set as enemy, you think those

464
00:22:57,560 --> 00:23:00,520
Speaker 2: enemies are just gonna let you extort the dude when

465
00:23:00,560 --> 00:23:03,800
Speaker 2: he come into town. You think that man really like it?

466
00:23:03,840 --> 00:23:06,480
Speaker 2: Why would he protect you? He gonna rob your dumb

467
00:23:06,560 --> 00:23:08,800
Speaker 2: ass like that was the theory.

468
00:23:09,800 --> 00:23:10,400
Speaker 1: You know what I'm saying.

469
00:23:10,880 --> 00:23:12,919
Speaker 2: Now, Far be it from me to speak out my

470
00:23:13,000 --> 00:23:15,399
Speaker 2: neck about stuff I don't know. I don't know anything

471
00:23:15,680 --> 00:23:18,000
Speaker 2: about really what happened with Big Yu. I know right

472
00:23:18,000 --> 00:23:20,720
Speaker 2: now he's under federal investigation for like a straight like

473
00:23:22,320 --> 00:23:25,840
Speaker 2: mafia style ring. Whatever he did. Listen, I don't want

474
00:23:25,840 --> 00:23:28,960
Speaker 2: to smoke. All I'm saying is, don't come to California

475
00:23:29,000 --> 00:23:34,240
Speaker 2: and pretend to be against It's going to cost you. Okay,

476
00:23:34,440 --> 00:23:36,919
Speaker 2: now that tariff might be the percentage you ran to

477
00:23:37,000 --> 00:23:40,360
Speaker 2: his hood, but it might cost you moting. That might

478
00:23:40,359 --> 00:23:43,399
Speaker 2: cost you your safety. So here's what the lesson is. Listen,

479
00:23:43,760 --> 00:23:45,360
Speaker 2: why do you even want to go down there?

480
00:23:45,440 --> 00:23:45,840
Speaker 1: Anyway?

481
00:23:46,760 --> 00:23:50,800
Speaker 2: Land in lax? Like schoolboys say go where is fun?

482
00:23:51,119 --> 00:23:55,000
Speaker 2: And like he say, get you something to eat, you know,

483
00:23:55,080 --> 00:23:58,800
Speaker 2: take it back to your hotel room, take your jewelry off,

484
00:23:59,600 --> 00:24:00,640
Speaker 2: go to the club.

485
00:24:00,880 --> 00:24:02,679
Speaker 1: You know what I'm saying, and enjoy yourself. Why are

486
00:24:02,680 --> 00:24:04,800
Speaker 1: you trying to go to the hood? Like We're like,

487
00:24:04,880 --> 00:24:08,080
Speaker 1: why are you you don't It don't have to be

488
00:24:08,280 --> 00:24:08,600
Speaker 1: like that.

489
00:24:09,000 --> 00:24:11,000
Speaker 2: Lesson I've learned a long time ago is if I

490
00:24:11,000 --> 00:24:13,600
Speaker 2: don't know nobody over there, I'm not going over there.

491
00:24:14,000 --> 00:24:16,040
Speaker 2: People have asked me a few times, have been like, hey,

492
00:24:16,080 --> 00:24:19,600
Speaker 2: can we do a thing where we can you show us?

493
00:24:19,760 --> 00:24:22,000
Speaker 2: Can you show us Compton? And I'm like, absolutely not.

494
00:24:22,560 --> 00:24:24,840
Speaker 2: I'm not going to drive you through Compton to show you.

495
00:24:24,920 --> 00:24:27,960
Speaker 2: Like I don't, I don't know nobody over there, Why

496
00:24:27,960 --> 00:24:29,840
Speaker 2: the hell would I take? You can come to my hood.

497
00:24:29,880 --> 00:24:32,720
Speaker 2: I know people over here, but no, I'm not sight seeing.

498
00:24:33,359 --> 00:24:35,000
Speaker 2: I mean, I'll take you you want to go see

499
00:24:35,040 --> 00:24:37,960
Speaker 2: you want to go see the Crenshaw in Slawson where

500
00:24:37,960 --> 00:24:39,600
Speaker 2: the mirror is. I'll let you go see the miral.

501
00:24:39,800 --> 00:24:43,359
Speaker 2: But we're not finna hang out in the sixties, like

502
00:24:44,160 --> 00:24:45,199
Speaker 2: what is wrong with you?

503
00:24:46,320 --> 00:24:46,679
Speaker 1: Right?

504
00:24:46,800 --> 00:24:50,080
Speaker 2: Okay, let me get back on topic. So you take that,

505
00:24:50,160 --> 00:24:53,360
Speaker 2: but you apply it to a country. Now another way,

506
00:24:53,400 --> 00:24:56,600
Speaker 2: like I said in the little social media breakdown, is

507
00:24:56,920 --> 00:25:01,440
Speaker 2: the idea of all the mechs gangs out here. Everybody

508
00:25:01,520 --> 00:25:04,800
Speaker 2: knows everybody pays taxes, and they all pay taxes to

509
00:25:04,960 --> 00:25:08,719
Speaker 2: the same people. I don't care what your gang is

510
00:25:09,400 --> 00:25:12,880
Speaker 2: except for one. But that's some hood. That's some hood

511
00:25:12,960 --> 00:25:15,000
Speaker 2: politics that y'all don't need to know about. If you

512
00:25:15,119 --> 00:25:18,080
Speaker 2: are going to sell to our people, you need to

513
00:25:18,119 --> 00:25:22,040
Speaker 2: pay a percentage to us first, and that money goes

514
00:25:22,560 --> 00:25:26,760
Speaker 2: into the government treasury, which brings us to Now, y'all,

515
00:25:26,920 --> 00:25:36,920
Speaker 2: America is ten trillion dollars in debt, I'm gonna say

516
00:25:36,920 --> 00:25:49,680
Speaker 2: that again, and slower America is ten trillion dollars in.

517
00:25:51,320 --> 00:25:52,000
Speaker 1: Debt.

518
00:25:53,560 --> 00:25:58,480
Speaker 2: Now, that can't possibly be one person's fault. That ain't

519
00:25:58,720 --> 00:26:02,760
Speaker 2: one president's faul. That's all of y'all. When you get

520
00:26:02,760 --> 00:26:05,400
Speaker 2: a credit card, you know why your credit card got

521
00:26:05,440 --> 00:26:17,520
Speaker 2: spending limits because of this ten trillion dollars, which you

522
00:26:17,560 --> 00:26:20,960
Speaker 2: would say that doesn't matter, because we make the money.

523
00:26:21,600 --> 00:26:24,720
Speaker 2: Why don't you just print a ten trillion dollar bill?

524
00:26:24,800 --> 00:26:28,679
Speaker 2: Now you got inflation now, I think in one of

525
00:26:28,680 --> 00:26:31,480
Speaker 2: the other ones I talked, tried to explain what inflation was. Basically,

526
00:26:31,480 --> 00:26:33,919
Speaker 2: if there's too much of it, it stopped having value,

527
00:26:34,119 --> 00:26:36,760
Speaker 2: right you mighty as Remember collecting baseball cards if you

528
00:26:36,800 --> 00:26:39,120
Speaker 2: ever did, or any sort of sports cards or pokemons

529
00:26:39,200 --> 00:26:40,800
Speaker 2: or Yu gi Oh's whatever. I don't care what the

530
00:26:40,840 --> 00:26:44,240
Speaker 2: hell you cat you collect, Remember when there's when there's

531
00:26:44,280 --> 00:26:47,120
Speaker 2: not a lot of them, they're a rarity. They're worth more.

532
00:26:47,600 --> 00:26:49,840
Speaker 2: It's the same with money. If it's too much money

533
00:26:49,840 --> 00:26:53,879
Speaker 2: going around, it loses its value. It doesn't buy enough.

534
00:26:54,160 --> 00:26:57,600
Speaker 2: That's over inflation. That leads into a depression. You walk

535
00:26:57,680 --> 00:27:00,360
Speaker 2: up with a barrel of dollars to try to buy

536
00:27:00,400 --> 00:27:03,879
Speaker 2: a loaf of bread. Everything costs more because the money's

537
00:27:03,920 --> 00:27:06,200
Speaker 2: not worth anything. Does that make sense? So you can't

538
00:27:06,240 --> 00:27:08,719
Speaker 2: just print it. You have to generate it in a

539
00:27:08,760 --> 00:27:12,400
Speaker 2: way that makes sense. You know, els talked about inflation

540
00:27:12,640 --> 00:27:15,080
Speaker 2: in terms of tariff I might be getting ahead of myself.

541
00:27:15,119 --> 00:27:20,760
Speaker 2: But uh, Ferris Bueller's teacher on Ferris Bueller's day off.

542
00:27:20,760 --> 00:27:23,399
Speaker 2: But it was the date that Ferris ain't go to school.

543
00:27:23,880 --> 00:27:27,840
Speaker 2: That's why he ain't learned this stuff. Wrote a clip.

544
00:27:28,320 --> 00:27:32,639
Speaker 4: Nineteen thirty, the Republican controlled House of Representatives, in an

545
00:27:32,680 --> 00:27:38,359
Speaker 4: effort to alleviate the effects of anyone, anyone the Great Depression,

546
00:27:39,359 --> 00:27:47,720
Speaker 4: passed anyone, anyone the tariff Bill, the Holly Smoot Tariff Act,

547
00:27:47,920 --> 00:27:54,600
Speaker 4: which anyone raised or lowered, raised tariffs in an effort

548
00:27:54,640 --> 00:27:58,639
Speaker 4: to collect more revenue for the federal government. Did it work?

549
00:27:58,800 --> 00:28:02,840
Speaker 4: Anyone anyone knows effects. It did not work, and the

550
00:28:02,920 --> 00:28:05,760
Speaker 4: United States sank deeper into the Great Depression.

551
00:28:07,359 --> 00:28:12,080
Speaker 2: See he tried to tell us, Now, what are other

552
00:28:12,080 --> 00:28:15,400
Speaker 2: ways you can make money? You generate money for the government.

553
00:28:15,480 --> 00:28:18,840
Speaker 2: You could either do land grants and bonds. You know

554
00:28:18,920 --> 00:28:21,720
Speaker 2: you're about those government bonds. And again this goes back

555
00:28:21,720 --> 00:28:23,840
Speaker 2: to the idea of imaginary money, where we get people

556
00:28:23,880 --> 00:28:28,879
Speaker 2: to invest in the government, where you buy whatever dollar

557
00:28:28,920 --> 00:28:31,679
Speaker 2: amount of a bond into the government, and then the

558
00:28:31,720 --> 00:28:35,359
Speaker 2: government's promising that you get a return on that investment,

559
00:28:35,440 --> 00:28:37,560
Speaker 2: and they cut you a check because you invested in

560
00:28:37,560 --> 00:28:40,920
Speaker 2: the government. However, you just invested in something that owes

561
00:28:40,960 --> 00:28:43,320
Speaker 2: ten trillion dollars, So I don't know why the hell

562
00:28:43,360 --> 00:28:45,160
Speaker 2: you would do that. So you got to find another

563
00:28:45,160 --> 00:28:46,040
Speaker 2: way to make some money.

564
00:28:46,080 --> 00:28:46,600
Speaker 1: So if you the.

565
00:28:46,560 --> 00:28:49,440
Speaker 2: Government, you like, where's all the bread going from? We're

566
00:28:49,480 --> 00:28:52,360
Speaker 2: not making it in taxes. I mean we could just

567
00:28:53,920 --> 00:28:58,160
Speaker 2: we could tax the wealthy more. I mean, we have

568
00:28:58,160 --> 00:29:03,200
Speaker 2: the highest concentration of billionaires. We've concentrated almost all of

569
00:29:03,200 --> 00:29:07,800
Speaker 2: the country's wealth to the top one percent of none

570
00:29:07,800 --> 00:29:09,640
Speaker 2: of which pay a fair share of taxes.

571
00:29:10,200 --> 00:29:13,480
Speaker 1: I mean you could just, nah, why would we do that?

572
00:29:14,200 --> 00:29:20,640
Speaker 1: Why would we tax the people that have the money? Why?

573
00:29:18,760 --> 00:29:25,240
Speaker 2: Why why would we do that?

574
00:29:25,240 --> 00:29:26,120
Speaker 1: That's making sense.

575
00:29:26,360 --> 00:29:29,960
Speaker 2: You should make billionaires pay taxes, might get our money back.

576
00:29:30,040 --> 00:29:39,240
Speaker 2: But nah, let's think of something else. Well, you gotta

577
00:29:39,240 --> 00:29:42,360
Speaker 2: find a way to make the money. So you make

578
00:29:42,400 --> 00:29:45,760
Speaker 2: the money by generating ways to make money. One of

579
00:29:45,800 --> 00:29:49,680
Speaker 2: those ways would be, Yeah, we need more jobs. We

580
00:29:49,720 --> 00:29:51,680
Speaker 2: need more jobs. You got to create the jobs. How

581
00:29:51,680 --> 00:29:54,480
Speaker 2: you create the jobs is you got to build places

582
00:29:54,480 --> 00:29:56,240
Speaker 2: for those people to work. Well, who're gonna pay to

583
00:29:56,240 --> 00:29:57,680
Speaker 2: build those places for people to work.

584
00:29:57,680 --> 00:30:00,200
Speaker 1: The government. The government ain't got no money. How we

585
00:30:00,280 --> 00:30:00,840
Speaker 1: gonna do that?

586
00:30:02,000 --> 00:30:05,920
Speaker 2: And especially if you're a traditional Republican, you try and

587
00:30:06,000 --> 00:30:07,880
Speaker 2: you try not to spend no more, but you're trying

588
00:30:07,880 --> 00:30:09,640
Speaker 2: to make mode but you don't like taxes.

589
00:30:10,440 --> 00:30:11,800
Speaker 1: What do you do? Well?

590
00:30:11,840 --> 00:30:15,440
Speaker 2: One solution was you find people that you ain't got

591
00:30:15,520 --> 00:30:18,080
Speaker 2: to pay a lot that was immigraci So we took

592
00:30:18,120 --> 00:30:21,080
Speaker 2: in a whole lot of illegal immigrants cause you ain't

593
00:30:21,080 --> 00:30:24,480
Speaker 2: got to pay them. You needed a workforce. The workforce

594
00:30:24,560 --> 00:30:27,720
Speaker 2: is going to generate this money that's gonna pay into

595
00:30:27,760 --> 00:30:29,480
Speaker 2: the system. But then you like, what are you talking

596
00:30:29,480 --> 00:30:32,440
Speaker 2: about the illegal immigrants? They don't pay taxes. They absolutely

597
00:30:32,480 --> 00:30:32,920
Speaker 2: pay teck.

598
00:30:33,000 --> 00:30:35,480
Speaker 1: Are you paying attention? They absolutely pay teck.

599
00:30:35,560 --> 00:30:38,160
Speaker 2: Anyway, So let's find the poorest people in the world

600
00:30:38,200 --> 00:30:41,200
Speaker 2: and make them pay the taxes rather than the wealthiest.

601
00:30:42,040 --> 00:30:46,000
Speaker 2: Let's keep moving because I'm still talking about terriffs, Y're

602
00:30:46,040 --> 00:30:47,200
Speaker 2: still talking about practice.

603
00:30:48,440 --> 00:30:51,360
Speaker 1: So, but that's not gonna be enough money.

604
00:30:51,960 --> 00:30:54,240
Speaker 2: What you gotta do because it's not enough if we

605
00:30:54,400 --> 00:30:57,280
Speaker 2: just selling this stuff to ourselves, it's not like we're

606
00:30:57,280 --> 00:30:59,040
Speaker 2: not getting nowhere. We need to be able to sell

607
00:30:59,040 --> 00:31:02,160
Speaker 2: it to other people. But if they already got it,

608
00:31:02,680 --> 00:31:04,400
Speaker 2: why would they buy it? Well, what do we have

609
00:31:04,640 --> 00:31:07,200
Speaker 2: that they don't, Well, let's sell that to them, right.

610
00:31:07,680 --> 00:31:13,760
Speaker 2: But what happens is if we are buying more from

611
00:31:13,800 --> 00:31:16,520
Speaker 2: the country that we're trying to sell to, we have

612
00:31:16,640 --> 00:31:20,360
Speaker 2: what's called a trade deficit. That means we buy more

613
00:31:20,360 --> 00:31:23,840
Speaker 2: than we sell, and that country's got a trade surplus

614
00:31:24,400 --> 00:31:27,440
Speaker 2: means they sell mode than they buy.

615
00:31:27,760 --> 00:31:29,120
Speaker 1: That's our relationship with China.

616
00:31:29,120 --> 00:31:31,120
Speaker 2: That's why your iPhone about to be thirty five hundred

617
00:31:31,160 --> 00:31:33,840
Speaker 2: dollars because we buy more products from them then we

618
00:31:33,880 --> 00:31:34,440
Speaker 2: sell to them.

619
00:31:34,480 --> 00:31:36,480
Speaker 1: What they do buy from US is soybeans, which we'll

620
00:31:36,520 --> 00:31:37,160
Speaker 1: talk about later.

621
00:31:37,360 --> 00:31:41,240
Speaker 2: But so the thought was, we need every country to

622
00:31:41,320 --> 00:31:43,400
Speaker 2: check in because every country ain't been checking in.

623
00:31:43,600 --> 00:31:44,800
Speaker 1: They y'all just been out here.

624
00:31:44,840 --> 00:31:47,120
Speaker 2: Like at first, the deal was like, if we're gonna

625
00:31:47,200 --> 00:31:49,640
Speaker 2: use the street thing, okay, listen, we'll send you.

626
00:31:50,200 --> 00:31:52,560
Speaker 1: I'm gonna be as crude as possible, so please forgive me.

627
00:31:53,000 --> 00:31:56,280
Speaker 2: You can sell us fentonyl if we could sell y'all prostitutes,

628
00:31:56,320 --> 00:31:59,680
Speaker 2: you can use our prostitutes if you send us fentinyl.

629
00:32:01,880 --> 00:32:04,080
Speaker 2: And you know what, no harm, no foul, it's easy.

630
00:32:04,160 --> 00:32:08,000
Speaker 2: It's it's an even trade that would be called terror

631
00:32:08,040 --> 00:32:14,200
Speaker 2: Free Trade Agreement like NAFTA. It's all good, and you

632
00:32:14,200 --> 00:32:17,680
Speaker 2: know these lines are stupid, like our borders or it's

633
00:32:17,720 --> 00:32:21,160
Speaker 2: like besides, like you know, it's like if you're growing

634
00:32:21,200 --> 00:32:25,200
Speaker 2: weed and you was growing opium and like it's like

635
00:32:25,280 --> 00:32:28,160
Speaker 2: it just if it grow. If it's growing at El Paso,

636
00:32:28,240 --> 00:32:30,440
Speaker 2: it's like nigga, which part of l Pasos, Mexico?

637
00:32:30,520 --> 00:32:31,080
Speaker 1: Which part of it?

638
00:32:31,160 --> 00:32:33,600
Speaker 2: Like it's like the borders, it's fine, we don't have

639
00:32:33,640 --> 00:32:34,880
Speaker 2: to like, let's just exchange the thing.

640
00:32:34,960 --> 00:32:36,280
Speaker 1: Yohood, myhood. It's all good.

641
00:32:36,600 --> 00:32:38,720
Speaker 2: Matter of fact, mylog was born in your neighborhood, so

642
00:32:38,720 --> 00:32:40,760
Speaker 2: it doesn't even like it's the same.

643
00:32:40,840 --> 00:32:41,440
Speaker 1: It's all good.

644
00:32:41,600 --> 00:32:43,600
Speaker 2: But what if you live in a neighborhood with just

645
00:32:43,680 --> 00:32:46,920
Speaker 2: some absolute crackheads and they won't fening on and crack

646
00:32:47,040 --> 00:32:50,320
Speaker 2: and like, so then now they like, oh we got oh,

647
00:32:50,320 --> 00:32:52,400
Speaker 2: we got all that. We could give you every drug

648
00:32:52,440 --> 00:32:54,640
Speaker 2: you won't yo people just buying it up and dying.

649
00:32:54,760 --> 00:32:58,840
Speaker 2: But meanwhile they only they not buying enough prostitutes for

650
00:32:58,920 --> 00:33:01,480
Speaker 2: you to make any money from. So you start looking

651
00:33:01,520 --> 00:33:03,560
Speaker 2: around and being like, you know, they getting real rich

652
00:33:03,640 --> 00:33:04,120
Speaker 2: off us.

653
00:33:04,240 --> 00:33:05,080
Speaker 1: I know that's crude.

654
00:33:05,080 --> 00:33:07,600
Speaker 2: But that's the point I'm trying to explain here America

655
00:33:07,600 --> 00:33:10,600
Speaker 2: looking around, like again I'm explaining what the tariff is,

656
00:33:10,640 --> 00:33:14,760
Speaker 2: and actually what Trump's thinking, right, So like, well, we

657
00:33:14,800 --> 00:33:17,840
Speaker 2: can't just let you come here and get rich dog like,

658
00:33:17,840 --> 00:33:19,840
Speaker 2: like I said, we're paying for all the infrastructure and

659
00:33:19,960 --> 00:33:21,360
Speaker 2: like we're obviously in debt.

660
00:33:21,400 --> 00:33:22,720
Speaker 1: We need to figure out ways to make money.

661
00:33:22,760 --> 00:33:25,560
Speaker 2: You're not buying this shit from us, so you're not

662
00:33:25,640 --> 00:33:28,760
Speaker 2: buying stuff from us, and you out here making money

663
00:33:28,760 --> 00:33:30,160
Speaker 2: because all our people just buy your stuff.

664
00:33:30,200 --> 00:33:31,720
Speaker 1: So even if we tried to make.

665
00:33:31,560 --> 00:33:33,800
Speaker 2: It, ain't nobody gonna like want to buy our shit

666
00:33:34,000 --> 00:33:37,040
Speaker 2: cuz yours is cheaper and better.

667
00:33:37,320 --> 00:33:38,600
Speaker 1: But that's not the point.

668
00:33:38,720 --> 00:33:40,520
Speaker 2: And we can't make it cheaper because we don't believe

669
00:33:40,520 --> 00:33:44,680
Speaker 2: in slave labor and because y'all so racist that you

670
00:33:44,720 --> 00:33:45,840
Speaker 2: don't want no immigrants.

671
00:33:46,200 --> 00:33:48,320
Speaker 1: So like what we supposed to do?

672
00:33:49,400 --> 00:33:50,880
Speaker 2: So they say, oh, I know, this is what we're

673
00:33:50,920 --> 00:33:54,680
Speaker 2: gonna do. We're gonna charge y'all if y'all want to

674
00:33:54,680 --> 00:33:56,880
Speaker 2: sell here. So if you're gonna sell products here, And

675
00:33:56,920 --> 00:33:59,480
Speaker 2: the way that Trump thought about it was what's the

676
00:33:59,560 --> 00:34:03,120
Speaker 2: percent up you are of us? Like if you got

677
00:34:03,160 --> 00:34:06,000
Speaker 2: five points up from us. Then I'm gonna charge you

678
00:34:06,120 --> 00:34:09,319
Speaker 2: ten points right so that it kind of even out.

679
00:34:09,360 --> 00:34:11,719
Speaker 2: Does that make sense. I'm trying to eve it out.

680
00:34:11,880 --> 00:34:14,040
Speaker 2: I'm trying to figure out how much money you making

681
00:34:14,080 --> 00:34:16,560
Speaker 2: off us and how much money we not making off you,

682
00:34:16,960 --> 00:34:19,319
Speaker 2: And I'm trying to like basically divide the two figure

683
00:34:19,320 --> 00:34:21,880
Speaker 2: out the number to decide what the terrair percentage is

684
00:34:21,880 --> 00:34:25,680
Speaker 2: for your particular country. Now, the reciprocal tariff is, what

685
00:34:25,760 --> 00:34:28,239
Speaker 2: are you charging us? Well, fu, I'm gonna charge you that.

686
00:34:28,360 --> 00:34:31,040
Speaker 2: What's your percentage? Well I want to do that percentage too.

687
00:34:31,120 --> 00:34:36,080
Speaker 2: You don't get to sneak mode office. The bottom line

688
00:34:36,120 --> 00:34:38,840
Speaker 2: is everything's made everywhere. Like have you been on the

689
00:34:38,880 --> 00:34:41,719
Speaker 2: planet in the last one hundred years? Everything's made everywhere.

690
00:34:42,440 --> 00:34:45,120
Speaker 2: There's no I use this example for there's no like.

691
00:34:45,760 --> 00:34:48,919
Speaker 2: There's not like a pancake mix of car. Like, there's

692
00:34:48,960 --> 00:34:51,680
Speaker 2: no batter that you just sit inside of vat and

693
00:34:51,719 --> 00:34:54,719
Speaker 2: then you come and then what pops out is your rivian. No,

694
00:34:54,800 --> 00:34:59,440
Speaker 2: it's like the seat cushion is made in Scandinavia, the

695
00:34:59,600 --> 00:35:04,520
Speaker 2: rivet is made in Canada, the tires is made in Wyoming.

696
00:35:04,600 --> 00:35:08,000
Speaker 2: I'm making these places up it's all made in different places.

697
00:35:08,320 --> 00:35:10,239
Speaker 1: Even if you were to be like, we're.

698
00:35:10,120 --> 00:35:12,320
Speaker 2: Gonna tear if we're gonna we're gonna tear iff cars

699
00:35:12,800 --> 00:35:18,400
Speaker 2: coming in from Japan, Well, the problem is if the

700
00:35:18,520 --> 00:35:22,960
Speaker 2: rivets that Japan uses are made in Pittsburgh, you just

701
00:35:23,000 --> 00:35:28,520
Speaker 2: screwed Pittsburgh because guess what, the Japanese manufacturer ain't gonna

702
00:35:28,520 --> 00:35:32,399
Speaker 2: buy the American made rivets because you just tariffed us.

703
00:35:32,680 --> 00:35:36,719
Speaker 2: So he's so, but the idea is generally this, if

704
00:35:36,760 --> 00:35:41,120
Speaker 2: you're gonna sell to US, I need a percentage of that,

705
00:35:42,719 --> 00:35:46,440
Speaker 2: and that money goes into the US Treasury to hopefully

706
00:35:47,120 --> 00:35:48,560
Speaker 2: pay down some of his debt.

707
00:35:48,840 --> 00:35:50,359
Speaker 1: That's the first part of the plant.

708
00:35:50,880 --> 00:35:58,040
Speaker 2: What he is hoping happens is it becomes so expensive

709
00:36:00,120 --> 00:36:05,080
Speaker 2: to buy stuff made everywhere else that it's going to

710
00:36:05,400 --> 00:36:10,880
Speaker 2: force people to shop in America. Because again this is

711
00:36:10,880 --> 00:36:13,839
Speaker 2: Trump's mind. If you think in a world that is

712
00:36:14,760 --> 00:36:19,719
Speaker 2: totally and unequivocally transactional, that we don't have friends, you

713
00:36:19,760 --> 00:36:25,600
Speaker 2: don't have homies, You just have convenient partners. If they

714
00:36:25,719 --> 00:36:27,520
Speaker 2: make it more money than we are and we lose,

715
00:36:27,680 --> 00:36:29,760
Speaker 2: not that we're not getting the service that we desire.

716
00:36:29,800 --> 00:36:31,840
Speaker 2: If you look at like I don't know anyone complaining

717
00:36:31,880 --> 00:36:33,920
Speaker 2: about the products they buy. I don't know anyone that

718
00:36:34,000 --> 00:36:37,840
Speaker 2: says we wish this costs more. But if your theory

719
00:36:38,000 --> 00:36:40,440
Speaker 2: is if you make it more money than me, then

720
00:36:40,480 --> 00:36:42,480
Speaker 2: I'm losing. I want to make more money than you.

721
00:36:42,480 --> 00:36:44,440
Speaker 2: You making more money off me than I'm making off you,

722
00:36:44,480 --> 00:36:46,839
Speaker 2: than I'm losing. That this is not fair. That's why

723
00:36:46,880 --> 00:36:50,759
Speaker 2: he would say the trade tariffs are unfair. We're gonna

724
00:36:50,760 --> 00:36:53,360
Speaker 2: make it fair. What he means is he needs to

725
00:36:53,400 --> 00:36:54,040
Speaker 2: make more money.

726
00:36:54,200 --> 00:36:54,399
Speaker 1: Right.

727
00:36:54,560 --> 00:36:58,560
Speaker 2: But if you notice these new tariffs didn't include Canada

728
00:36:58,600 --> 00:37:03,160
Speaker 2: and Mexico. Why because it's like you're untangling something that

729
00:37:03,200 --> 00:37:06,480
Speaker 2: you can everything's made everywhere. Most American made products are

730
00:37:06,560 --> 00:37:10,480
Speaker 2: also made in Canada, are also made in Mexico. Because

731
00:37:11,600 --> 00:37:14,040
Speaker 2: this because of the Free Trade Act between the two.

732
00:37:14,080 --> 00:37:16,120
Speaker 2: Like like I said, like if you building an if

733
00:37:16,120 --> 00:37:19,399
Speaker 2: you buying an American made boot, you understand I'm saying,

734
00:37:19,520 --> 00:37:22,640
Speaker 2: I don't know the leather, the leather and the rubber

735
00:37:22,960 --> 00:37:25,960
Speaker 2: is like the two things in the laces, Like that's

736
00:37:26,040 --> 00:37:28,040
Speaker 2: it's made in all three of our countries and then

737
00:37:28,040 --> 00:37:30,040
Speaker 2: assembled in America, and we get to say that's an

738
00:37:30,040 --> 00:37:32,239
Speaker 2: American made product, so yeah, you know, like you're you

739
00:37:32,440 --> 00:37:34,719
Speaker 2: really shooting yourself in the foot if you added these

740
00:37:34,719 --> 00:37:37,520
Speaker 2: tariffs cities two country because look like here, here's what

741
00:37:37,600 --> 00:37:41,360
Speaker 2: economists Pete Goodman said, who he's over at at the

742
00:37:41,400 --> 00:37:43,759
Speaker 2: New York Times. You could take that as whatever it

743
00:37:43,880 --> 00:37:45,960
Speaker 2: takes that, but he's the economists in New York Times.

744
00:37:46,160 --> 00:37:49,360
Speaker 2: The numbers are if you buy something from Mexico, like

745
00:37:49,440 --> 00:37:52,080
Speaker 2: let's say you bought something made in Mexico, like thirty

746
00:37:52,120 --> 00:37:55,120
Speaker 2: cents of every dollar was made in America. So like

747
00:37:55,200 --> 00:37:58,360
Speaker 2: of that product, like thirty cents on the dollar was made.

748
00:37:58,400 --> 00:37:59,799
Speaker 2: It was made here, even though it says made in

749
00:38:01,360 --> 00:38:04,280
Speaker 2: it's safe to say if thirty cents of each dollar

750
00:38:04,320 --> 00:38:08,359
Speaker 2: you spend was an American job. But if you buy

751
00:38:08,400 --> 00:38:11,520
Speaker 2: something from China, it's like three cents of it was

752
00:38:11,560 --> 00:38:16,319
Speaker 2: American made. So you see how even in a global economy,

753
00:38:16,400 --> 00:38:18,560
Speaker 2: in Trump's mind, you know what I'm saying, like we're

754
00:38:18,600 --> 00:38:21,200
Speaker 2: not making enough money. And it seemed like everything good,

755
00:38:21,280 --> 00:38:24,600
Speaker 2: it seemed like everything happy. But I feel like I

756
00:38:24,640 --> 00:38:27,120
Speaker 2: feel like y'all more happy than us. Yeah, we got

757
00:38:27,160 --> 00:38:29,680
Speaker 2: our stuff, I guess, but like my nigga, we need

758
00:38:29,920 --> 00:38:30,880
Speaker 2: we need this bread.

759
00:38:31,320 --> 00:38:32,400
Speaker 1: I can fast forward to the end.

760
00:38:32,440 --> 00:38:35,880
Speaker 2: A real answer is over consumerism. The real answer is

761
00:38:35,920 --> 00:38:38,880
Speaker 2: we need to stop buying shit at the level that

762
00:38:38,920 --> 00:38:43,080
Speaker 2: we buy in. Then everybody shuts up. Lema put that

763
00:38:43,080 --> 00:38:46,120
Speaker 2: to the side. His point is we need to make

764
00:38:46,120 --> 00:38:48,640
Speaker 2: shit here. If we make it here. Remember I say,

765
00:38:48,719 --> 00:38:51,240
Speaker 2: he's like kind of a nineteenth century guy like anyway,

766
00:38:51,960 --> 00:38:55,040
Speaker 2: so his thought is, I'm gonna read my notes over here.

767
00:38:55,080 --> 00:38:57,400
Speaker 2: If it costs too much to buy out of the country,

768
00:38:57,440 --> 00:39:01,040
Speaker 2: then eventually, not only does that make you look to

769
00:39:01,160 --> 00:39:08,560
Speaker 2: American manufacturers, but you also create American manufacturers, so the

770
00:39:08,640 --> 00:39:12,120
Speaker 2: business will boom. There'll be a job boom. Now you

771
00:39:12,200 --> 00:39:14,920
Speaker 2: get to train all these new workers and you create

772
00:39:15,000 --> 00:39:17,799
Speaker 2: new products, and everybody's happy, and there's new jobs, there's

773
00:39:17,840 --> 00:39:19,160
Speaker 2: new businesses.

774
00:39:19,000 --> 00:39:20,600
Speaker 1: And we're not relying on everybody else.

775
00:39:20,719 --> 00:39:23,960
Speaker 2: Because if you are a manufacturer, you understand even if

776
00:39:24,000 --> 00:39:26,799
Speaker 2: you tried to buy American products, that stuff we don't make.

777
00:39:26,840 --> 00:39:29,480
Speaker 2: There's some shit we just can't grow. Bananas grow in

778
00:39:29,520 --> 00:39:32,279
Speaker 2: tropical areas. You can have a GMO banana, but it

779
00:39:32,280 --> 00:39:35,759
Speaker 2: ain't gonna be right. Bananas grow in tropical regions no

780
00:39:35,760 --> 00:39:38,080
Speaker 2: matter what we no matter, I don't care what YO

781
00:39:38,200 --> 00:39:40,160
Speaker 2: tariff say, the soil don't grow that.

782
00:39:40,239 --> 00:39:40,759
Speaker 1: You know what I'm saying.

783
00:39:40,800 --> 00:39:43,000
Speaker 2: There's some stuff that just doesn't grow here. But then

784
00:39:43,040 --> 00:39:44,799
Speaker 2: there are other things that like, yo, maybe we can

785
00:39:44,880 --> 00:39:46,799
Speaker 2: now do we have the infrastructure for it? No, But

786
00:39:47,000 --> 00:39:50,040
Speaker 2: the hope is if we invest in our factories, if

787
00:39:50,040 --> 00:39:50,879
Speaker 2: we invest in things.

788
00:39:50,920 --> 00:39:51,080
Speaker 1: Now.

789
00:39:51,080 --> 00:39:55,640
Speaker 2: I know people mirror my favorite coffee cup company that

790
00:39:55,680 --> 00:39:56,680
Speaker 2: I always work with.

791
00:39:57,040 --> 00:39:57,800
Speaker 1: They have steel.

792
00:39:57,920 --> 00:40:00,680
Speaker 2: They're like, we tried to buy Americans deal. How much

793
00:40:00,719 --> 00:40:04,480
Speaker 2: that shit costs and it's not enough? Done, done done,

794
00:40:04,600 --> 00:40:08,279
Speaker 2: It's not enough. But the hope is we can make

795
00:40:08,360 --> 00:40:11,560
Speaker 2: our products here, have this job boom.

796
00:40:11,560 --> 00:40:12,760
Speaker 1: That's what he's thinking. Is happening.

797
00:40:12,760 --> 00:40:14,600
Speaker 2: If I charge him, If I make it too episode,

798
00:40:14,640 --> 00:40:18,080
Speaker 2: I eliminate y'all. I eliminate everybody else by getting him

799
00:40:18,080 --> 00:40:20,799
Speaker 2: off the board, by just making everything cost too much.

800
00:40:21,080 --> 00:40:21,760
Speaker 1: That's the thought.

801
00:40:21,960 --> 00:41:03,399
Speaker 2: Now counterpoint next, here we go. You know who made

802
00:41:03,400 --> 00:41:04,440
Speaker 2: the greatest counterpoint?

803
00:41:04,600 --> 00:41:06,920
Speaker 1: You ready for this? Who made the greatest.

804
00:41:06,520 --> 00:41:11,960
Speaker 2: Counterpoint for extreme tariffs is Ronald Reagan. I'm a plates clip.

805
00:41:12,480 --> 00:41:15,560
Speaker 3: You see at first, when someone says let's impose tariffs

806
00:41:15,600 --> 00:41:18,759
Speaker 3: on foreign imports, it looks like they're doing the patriotic

807
00:41:18,840 --> 00:41:23,920
Speaker 3: thing by protecting American products and jobs, and sometimes for

808
00:41:23,960 --> 00:41:27,160
Speaker 3: a short while it works, but only for a short time.

809
00:41:27,600 --> 00:41:31,920
Speaker 3: What eventually occurs is first homegrown industries start relying on

810
00:41:32,000 --> 00:41:35,240
Speaker 3: government protection in the form of high tariffs. They stop

811
00:41:35,320 --> 00:41:39,760
Speaker 3: competing and stop making the innovative management and technological changes

812
00:41:39,800 --> 00:41:43,439
Speaker 3: they need to succeed in world markets. And then while

813
00:41:43,440 --> 00:41:47,120
Speaker 3: all this is going on, something even worse occurs. High

814
00:41:47,120 --> 00:41:51,239
Speaker 3: tariffs inevitably lead to retaliation by foreign countries and the

815
00:41:51,280 --> 00:41:54,360
Speaker 3: triggering of fierce trade wars. The result is more and

816
00:41:54,440 --> 00:41:57,680
Speaker 3: more tariffs, higher and higher trade barriers, and less and

817
00:41:57,760 --> 00:42:01,799
Speaker 3: less competition. So soon, because of the prices made artificially

818
00:42:01,880 --> 00:42:06,040
Speaker 3: high by tariffs that subsidize inefficiency and poor management, people

819
00:42:06,120 --> 00:42:10,200
Speaker 3: stop buying. Then the worst happens. Market shrink and collapse,

820
00:42:10,400 --> 00:42:14,000
Speaker 3: businesses and industry shut down, and millions of people lose

821
00:42:14,040 --> 00:42:17,120
Speaker 3: their jobs. The memory of all this occurring back in

822
00:42:17,160 --> 00:42:19,760
Speaker 3: the thirties made me determined when I came to Washington

823
00:42:20,160 --> 00:42:25,080
Speaker 3: to spare the American people the protectionist legislation that destroys prosperity.

824
00:42:26,760 --> 00:42:31,279
Speaker 2: Did you follow what he was saying? I'm this is

825
00:42:31,320 --> 00:42:35,960
Speaker 2: the suspending reality stuff. It's the idea that if you

826
00:42:36,120 --> 00:42:39,480
Speaker 2: believe in a free market economy, then you think that

827
00:42:39,640 --> 00:42:46,000
Speaker 2: the competition between two different or competing companies will get

828
00:42:46,120 --> 00:42:48,839
Speaker 2: us the best product at the lowest price, because you're

829
00:42:48,840 --> 00:42:56,000
Speaker 2: fighting for our dollars. If you, by government decree, make

830
00:42:56,120 --> 00:42:58,480
Speaker 2: someone raise their prices.

831
00:42:58,480 --> 00:42:58,960
Speaker 1: Then.

832
00:43:00,600 --> 00:43:05,560
Speaker 2: You eliminate the need for competition. So this industry here,

833
00:43:05,640 --> 00:43:09,480
Speaker 2: these factories might grow, but it's not real growth because

834
00:43:09,520 --> 00:43:16,920
Speaker 2: your product's not better. You you made up this, which

835
00:43:17,040 --> 00:43:21,480
Speaker 2: means that if that tariff leaves, they get to go

836
00:43:21,560 --> 00:43:25,680
Speaker 2: back to their actual price. You following me, this isn't

837
00:43:25,840 --> 00:43:30,080
Speaker 2: really cheaper. The American product isn't really cheaper. It's not

838
00:43:30,360 --> 00:43:34,920
Speaker 2: actually better. It's only cheaper because your law made that

839
00:43:35,000 --> 00:43:39,440
Speaker 2: cost too much, not their manufacturing costs, your law did.

840
00:43:39,960 --> 00:43:42,839
Speaker 2: Imagine if you're at school and you make the basketball

841
00:43:42,880 --> 00:43:45,240
Speaker 2: team and you swear you the best hooper in the school,

842
00:43:45,280 --> 00:43:47,800
Speaker 2: let's just make it easier. You're in an elementary school

843
00:43:48,239 --> 00:43:51,360
Speaker 2: and you want to be the one that runs the fastest.

844
00:43:51,400 --> 00:43:55,720
Speaker 2: I'm the fastest kid at our school. Well that's only

845
00:43:55,800 --> 00:43:59,080
Speaker 2: true if the kids that are faster than you got

846
00:43:59,080 --> 00:44:03,520
Speaker 2: suspended or were not eligible and didn't make the grades.

847
00:44:03,600 --> 00:44:07,719
Speaker 2: Are you really the fastest, because once they suspension is over.

848
00:44:08,440 --> 00:44:10,800
Speaker 2: Once them kids get their grades up, then you not

849
00:44:10,920 --> 00:44:14,200
Speaker 2: the fastest kid. That's what he's trying to say. The

850
00:44:14,239 --> 00:44:17,400
Speaker 2: next problem with this is who actually pays the tariff?

851
00:44:17,560 --> 00:44:19,240
Speaker 1: Right? So who's paying the tariff?

852
00:44:19,360 --> 00:44:22,040
Speaker 2: Eventually, like we said, it ends at us, we pay

853
00:44:22,080 --> 00:44:24,800
Speaker 2: the tariff, right, But how it works is this. Let's

854
00:44:24,840 --> 00:44:29,160
Speaker 2: just say you got an etsy that's really popping, right,

855
00:44:30,320 --> 00:44:34,319
Speaker 2: and you use textiles made in China, and you like,

856
00:44:34,400 --> 00:44:36,319
Speaker 2: you right at that bubble, you right at that, like

857
00:44:36,440 --> 00:44:39,000
Speaker 2: y'all like, look, if we could get this weight off,

858
00:44:39,040 --> 00:44:41,919
Speaker 2: I got ten thousand orders waiting, like I'm almost there.

859
00:44:42,360 --> 00:44:44,239
Speaker 1: I'm almost there. We almost crack it.

860
00:44:44,600 --> 00:44:48,319
Speaker 2: But to get that shipping container off the docks and

861
00:44:48,520 --> 00:44:53,759
Speaker 2: load it into your truck, your courier service that's gonna

862
00:44:53,760 --> 00:44:56,880
Speaker 2: bring you. I noticed it because I had a coffee company.

863
00:44:57,760 --> 00:45:01,360
Speaker 2: So when that coffee I'm switching metaphors. But that coffee

864
00:45:01,360 --> 00:45:05,359
Speaker 2: from Ethiopia, which we had to pay Ethiopia to get

865
00:45:05,400 --> 00:45:07,560
Speaker 2: it off their shores. But that's not your problem. But

866
00:45:07,600 --> 00:45:11,440
Speaker 2: then once it got to America, I don't go down

867
00:45:11,480 --> 00:45:14,480
Speaker 2: to Long Beach and get the and get the container. No,

868
00:45:14,800 --> 00:45:17,479
Speaker 2: the courier service stuff which loads it into the freight

869
00:45:17,520 --> 00:45:19,560
Speaker 2: truck that brings it to our factory. It brings a

870
00:45:19,600 --> 00:45:22,959
Speaker 2: text I'll bring the coffee to our factory. So when

871
00:45:23,400 --> 00:45:26,080
Speaker 2: the government says there's a fifty percent tariff on this

872
00:45:26,760 --> 00:45:29,560
Speaker 2: from this country on that product, somebody got to pay

873
00:45:29,600 --> 00:45:32,240
Speaker 2: that bill or the stuff don't get off the shipping container.

874
00:45:32,360 --> 00:45:35,400
Speaker 2: Now you think China gonna pay that, that's one option.

875
00:45:35,600 --> 00:45:37,920
Speaker 2: But if China gonna pay that, and China like, I'm

876
00:45:37,920 --> 00:45:40,000
Speaker 2: not finna just lose, that's y'all's problem. I'm not gonna

877
00:45:40,000 --> 00:45:42,719
Speaker 2: lose my profits. I set my price based on how

878
00:45:42,800 --> 00:45:44,440
Speaker 2: much it cost us to make so we can make

879
00:45:44,480 --> 00:45:44,920
Speaker 2: a profit.

880
00:45:45,200 --> 00:45:45,439
Speaker 1: Y'all.

881
00:45:45,440 --> 00:45:47,120
Speaker 2: The one that I ain't paying that you pay that.

882
00:45:47,200 --> 00:45:50,759
Speaker 2: I did my part. You brought the product. Now what

883
00:45:50,880 --> 00:45:53,799
Speaker 2: you do with it, how it gets off the boat?

884
00:45:54,080 --> 00:45:54,840
Speaker 2: That's on y'all.

885
00:45:55,800 --> 00:45:56,560
Speaker 1: I delivered it.

886
00:45:56,640 --> 00:45:59,359
Speaker 2: So that means the people that's receiving it, it's gonna

887
00:45:59,400 --> 00:46:01,839
Speaker 2: have to pay. It's an American company. Now you think

888
00:46:01,880 --> 00:46:04,400
Speaker 2: that people that's receiving that company just gonna eat that cost,

889
00:46:04,760 --> 00:46:07,600
Speaker 2: or you think they gonna roll that into me or

890
00:46:07,640 --> 00:46:11,080
Speaker 2: into your Etsy thing that owns the textiles, you gonna

891
00:46:11,120 --> 00:46:12,920
Speaker 2: have to pay for it. That's one way, and if

892
00:46:12,960 --> 00:46:16,719
Speaker 2: I gotta pay for it. Look, I'm the small business, y'all.

893
00:46:16,719 --> 00:46:19,360
Speaker 2: Could I can't afford this, But I also can't afford

894
00:46:19,400 --> 00:46:23,359
Speaker 2: to just leave the shit at the docks. So what

895
00:46:23,360 --> 00:46:26,799
Speaker 2: I'm gonna do? I can't necessarily charge the consumer because

896
00:46:26,800 --> 00:46:30,359
Speaker 2: I'm a small business. You'll go somewhere else. You can

897
00:46:30,440 --> 00:46:34,839
Speaker 2: only sell so many things to your cousins. Eventually you

898
00:46:34,920 --> 00:46:38,000
Speaker 2: need customers you've never met. People used to ask, hey, prop,

899
00:46:38,040 --> 00:46:41,480
Speaker 2: why you haven't you put Terraform cobrew on Amazon. I'm like,

900
00:46:41,480 --> 00:46:44,440
Speaker 2: first of all, because they're evil, but secondly because I

901
00:46:44,440 --> 00:46:47,680
Speaker 2: can't afford it. I don't have enough. There's not enough

902
00:46:47,680 --> 00:46:49,759
Speaker 2: profit more, I can't afford it. I would lose a

903
00:46:49,800 --> 00:46:53,399
Speaker 2: dollar on every can that I sold on Amazon. I

904
00:46:53,440 --> 00:46:55,920
Speaker 2: can't afford it. Where there's more customers on Amazon, you'll

905
00:46:55,960 --> 00:46:59,160
Speaker 2: sell more. Do you understand? It's the sunken cost fallacy.

906
00:46:59,280 --> 00:47:03,879
Speaker 2: If I sell, if I lose a dollar on one can,

907
00:47:05,120 --> 00:47:08,320
Speaker 2: if I sell one hundred cans, it doesn't I still

908
00:47:08,360 --> 00:47:10,719
Speaker 2: lost the dollar on every can. So I lost one

909
00:47:10,760 --> 00:47:12,719
Speaker 2: hundred dollars, which you sold one hundred cans, but I

910
00:47:12,880 --> 00:47:14,080
Speaker 2: lost Are.

911
00:47:13,920 --> 00:47:14,560
Speaker 1: You following me?

912
00:47:14,680 --> 00:47:17,920
Speaker 2: So that means that somebody got to pay this extra

913
00:47:17,960 --> 00:47:21,239
Speaker 2: fifty percent. Some of the countries have decided to say, well,

914
00:47:21,280 --> 00:47:25,319
Speaker 2: how about we split this cost? Okay, everybody's losing, let's

915
00:47:25,360 --> 00:47:29,239
Speaker 2: split the costs. Now, who can eat that? Are your Walmarts?

916
00:47:29,640 --> 00:47:31,640
Speaker 2: Are your targets? They could eat that cost? It is

917
00:47:31,680 --> 00:47:32,120
Speaker 2: what it is.

918
00:47:32,360 --> 00:47:33,680
Speaker 1: Are they going to eat that cost?

919
00:47:34,800 --> 00:47:40,879
Speaker 2: No, they're going to spread it across multiple departments, right,

920
00:47:41,840 --> 00:47:46,400
Speaker 2: because is not Walmart just full of other products? You

921
00:47:46,440 --> 00:47:49,280
Speaker 2: just spread it. You have to pay for shelf space.

922
00:47:50,000 --> 00:47:53,800
Speaker 2: You just spread the costs among your ten thousand stores,

923
00:47:54,239 --> 00:47:56,920
Speaker 2: and you don't feel it right? Everybody else ain't got

924
00:47:56,920 --> 00:48:00,320
Speaker 2: that luxury? Is the other countries paying for it? No,

925
00:48:01,080 --> 00:48:05,120
Speaker 2: So eventually who pays for it is us? And again,

926
00:48:05,200 --> 00:48:06,960
Speaker 2: now back to Trump's hope is we're gonna be like,

927
00:48:07,080 --> 00:48:09,080
Speaker 2: I ain't paying for that. I'll buy this though, and

928
00:48:09,080 --> 00:48:12,319
Speaker 2: then you'll body American stuff. Now here's the problem with

929
00:48:12,400 --> 00:48:16,040
Speaker 2: him thinking that that's the answer. It's factories in this

930
00:48:16,120 --> 00:48:19,759
Speaker 2: imaginary Trump world are still created with parts made in

931
00:48:19,840 --> 00:48:25,440
Speaker 2: other countries, which you just teariff. So how we I

932
00:48:25,480 --> 00:48:27,360
Speaker 2: can't even make the factory because you just made it

933
00:48:27,400 --> 00:48:31,600
Speaker 2: too expensive to make the factory and also, we ain't

934
00:48:31,640 --> 00:48:35,000
Speaker 2: made stuff at that scale in years.

935
00:48:35,120 --> 00:48:38,759
Speaker 1: We ain't got the railways for it. We ain't got

936
00:48:38,800 --> 00:48:41,799
Speaker 1: the roads for it. We ain't got the trucks for it.

937
00:48:41,840 --> 00:48:43,839
Speaker 1: We not ready for that.

938
00:48:45,280 --> 00:48:47,520
Speaker 2: The thing he imagined, We're not ready for it. And

939
00:48:47,880 --> 00:48:52,320
Speaker 2: I don't know if you notice, everybody broke why nigga

940
00:48:52,360 --> 00:48:56,360
Speaker 2: inflation because the cost of stuff is not going up

941
00:48:56,440 --> 00:48:58,800
Speaker 2: with the cost of wages. Niggas ain't got houses.

942
00:49:00,239 --> 00:49:04,880
Speaker 1: Like what do you like? What did you like? What

943
00:49:06,400 --> 00:49:09,800
Speaker 1: healthcare costs too much? It'd be different, it'd be different.

944
00:49:10,040 --> 00:49:13,160
Speaker 2: Listen, my dog is sick right now, which God damn it,

945
00:49:13,320 --> 00:49:16,400
Speaker 2: I have to buy pet insurance.

946
00:49:16,840 --> 00:49:19,400
Speaker 1: I hate this world anyway.

947
00:49:19,280 --> 00:49:22,560
Speaker 2: That would be fine if our health insurance as a

948
00:49:22,600 --> 00:49:26,399
Speaker 2: family wasn't a trillion dollar but it is. And at

949
00:49:26,400 --> 00:49:29,520
Speaker 2: the end of the day, American stuff right now, if

950
00:49:29,520 --> 00:49:32,000
Speaker 2: we were to start right now, it just costs more.

951
00:49:32,239 --> 00:49:34,840
Speaker 2: It's just like, so the price difference really ain't gonna

952
00:49:34,840 --> 00:49:36,879
Speaker 2: be and ain't gonna be that serious. It's like, it's

953
00:49:36,920 --> 00:49:40,799
Speaker 2: still gonna be too expensive now. How other countries are

954
00:49:40,840 --> 00:50:16,799
Speaker 2: clapping back next? So the EU was like and the

955
00:50:16,800 --> 00:50:19,560
Speaker 2: rest of the world was like, oh word, reciprocal tarras. Okay,

956
00:50:20,280 --> 00:50:25,520
Speaker 2: bet now if you know us, if we like, all right,

957
00:50:26,400 --> 00:50:31,360
Speaker 2: bet that's a problem, like that means, oh it's finna

958
00:50:31,400 --> 00:50:34,960
Speaker 2: go down now. Our biggest trade partner is the EU,

959
00:50:35,440 --> 00:50:38,280
Speaker 2: because you have to remember, that's thirty five countries, right,

960
00:50:38,560 --> 00:50:42,520
Speaker 2: it's not just it's not it's thirty five countries. And

961
00:50:42,560 --> 00:50:45,000
Speaker 2: you know what they buy from us. They buy from us.

962
00:50:45,040 --> 00:50:51,440
Speaker 2: One of our biggest exports tech cloud services. Software. We

963
00:50:51,480 --> 00:50:56,160
Speaker 2: sell them Google, we sell them Oracle, we sell them Amazon.

964
00:50:56,320 --> 00:51:01,160
Speaker 2: We also sell them whiskey and motorcycles. So they basically said,

965
00:51:01,800 --> 00:51:05,879
Speaker 2: all right, this is what you're trying to do. Well,

966
00:51:05,880 --> 00:51:09,000
Speaker 2: what if we just that's a nice that's a nice uh,

967
00:51:09,719 --> 00:51:12,560
Speaker 2: that's a nice Silicon Valley tech industry that you got there.

968
00:51:12,600 --> 00:51:14,640
Speaker 2: It'd be shamed if anything happened to it. They could

969
00:51:14,680 --> 00:51:16,920
Speaker 2: basically be like, all right, you're finna tear for everything. Okay,

970
00:51:16,920 --> 00:51:19,000
Speaker 2: how about how about we tear if your cloud service,

971
00:51:19,080 --> 00:51:21,239
Speaker 2: which of course is a gamble because again they make

972
00:51:21,280 --> 00:51:23,760
Speaker 2: the most most cloud services. But it's not like China

973
00:51:23,800 --> 00:51:26,040
Speaker 2: don't make it. You think every you think they don't.

974
00:51:26,080 --> 00:51:29,160
Speaker 2: You think were the only people with the with server farms.

975
00:51:30,840 --> 00:51:32,759
Speaker 2: Right now, we might be the We might be the best,

976
00:51:32,800 --> 00:51:33,919
Speaker 2: we might be the top guy.

977
00:51:34,000 --> 00:51:37,280
Speaker 1: But I tell you what not if you keep playing

978
00:51:37,320 --> 00:51:37,600
Speaker 1: like this.

979
00:51:37,920 --> 00:51:40,080
Speaker 2: So that's one thing they said it was. And listen,

980
00:51:40,239 --> 00:51:46,200
Speaker 2: these tech folks. You have to understand corporations want predictability.

981
00:51:46,520 --> 00:51:48,880
Speaker 2: That's why the stock market acting crazy because remember the

982
00:51:48,920 --> 00:51:51,520
Speaker 2: stock market's imaginary. This is what we think something gonna

983
00:51:51,520 --> 00:51:53,840
Speaker 2: be work. When you start doing stuff that we can't predict,

984
00:51:53,880 --> 00:51:57,520
Speaker 2: niggas get scared, pull they money out. I'm not playing

985
00:51:57,520 --> 00:52:00,480
Speaker 2: no games. I don't want the smoke. Contranies don't want

986
00:52:00,520 --> 00:52:04,160
Speaker 2: the smoke. So now these tech oligarchs who are basically

987
00:52:04,200 --> 00:52:07,399
Speaker 2: making a brand new Versailles by just moving over there

988
00:52:07,440 --> 00:52:09,960
Speaker 2: and holding court or they everybody moving to DC so

989
00:52:10,000 --> 00:52:12,399
Speaker 2: you can be close to the president I mean the king,

990
00:52:12,680 --> 00:52:14,920
Speaker 2: I mean the monarch, I mean the dictator, I mean

991
00:52:14,960 --> 00:52:16,880
Speaker 2: the president. They moving over there to be close to

992
00:52:16,960 --> 00:52:19,640
Speaker 2: him because you're just trying to be trying to hold court,

993
00:52:19,880 --> 00:52:21,840
Speaker 2: game of thrones and shit, you got to be around

994
00:52:21,880 --> 00:52:25,520
Speaker 2: the palace to get what you want. My nigga, you

995
00:52:25,600 --> 00:52:29,600
Speaker 2: playing games with our money now, because if the EU

996
00:52:29,880 --> 00:52:34,600
Speaker 2: start tariffing Oracle, that's gonna be a thing. EU is

997
00:52:35,200 --> 00:52:38,239
Speaker 2: specifically twenty seven countries. I said thirty five because I

998
00:52:38,280 --> 00:52:42,719
Speaker 2: was being I was exaggerating. But in China, China buys

999
00:52:42,760 --> 00:52:45,640
Speaker 2: a lot of our soybeans because that's our thing we

1000
00:52:45,760 --> 00:52:48,400
Speaker 2: got that they don't and they for show like soy

1001
00:52:49,000 --> 00:52:51,520
Speaker 2: but guess what, they don't have to buy it.

1002
00:52:53,640 --> 00:52:55,560
Speaker 1: They say, okay, word, what if we tear if yo?

1003
00:52:55,640 --> 00:52:57,640
Speaker 1: SOI thirty four percent. Maybe.

1004
00:52:58,960 --> 00:53:03,000
Speaker 2: Now, if Trump's concept of like this is just a

1005
00:53:03,040 --> 00:53:06,120
Speaker 2: negotiation tactic, I'm just trying to get y'all to the

1006
00:53:06,200 --> 00:53:09,040
Speaker 2: table by acting like this. If that's the thing, that's

1007
00:53:09,120 --> 00:53:16,640
Speaker 2: quite a gamble. Because again, remember America, it's ten trillion

1008
00:53:17,560 --> 00:53:23,480
Speaker 2: dollars in debt. And what this gamble means is if

1009
00:53:23,480 --> 00:53:26,760
Speaker 2: it works, that's off. Because but if it don't work,

1010
00:53:27,920 --> 00:53:30,600
Speaker 2: it's the nineteen thirties. But at the end of the day,

1011
00:53:30,880 --> 00:53:35,880
Speaker 2: your Nintendo switched to ain't coming and your iPhone sixteen

1012
00:53:35,960 --> 00:53:39,399
Speaker 2: plus Nigga, your iPhone seventeen is about to.

1013
00:53:39,360 --> 00:53:42,200
Speaker 1: Be three thousand, five hundred dollars TERFs.

1014
00:53:44,120 --> 00:53:48,520
Speaker 2: So how much your dollar costs the entire stock market?

1015
00:53:49,440 --> 00:53:59,440
Speaker 1: Hood politics?

1016
00:54:03,080 --> 00:54:05,200
Speaker 2: All right? Now, don't you hit stop on this pod.

1017
00:54:05,680 --> 00:54:07,560
Speaker 2: You better listen to these credits. I need you to

1018
00:54:07,640 --> 00:54:11,400
Speaker 2: finish this thing so I can get the download numbers. Okay,

1019
00:54:11,920 --> 00:54:16,000
Speaker 2: so don't stop it yet, but listen. This was recorded

1020
00:54:16,120 --> 00:54:20,719
Speaker 2: in East Lost Boyle Heights by your boy Propaganda. Tap

1021
00:54:20,760 --> 00:54:23,440
Speaker 2: in with me at prop hip hop dot com. If

1022
00:54:23,440 --> 00:54:26,800
Speaker 2: you're in the Coldbrew coffee we got terraform Coldbrew. You

1023
00:54:26,840 --> 00:54:30,400
Speaker 2: can go there dot com and use promo code hood

1024
00:54:30,400 --> 00:54:31,319
Speaker 2: get twenty percent off.

1025
00:54:31,360 --> 00:54:32,480
Speaker 1: Get yourself some coffee.

1026
00:54:33,280 --> 00:54:36,640
Speaker 2: This was mixed, edited and mastered by your boy Matt

1027
00:54:36,680 --> 00:54:40,720
Speaker 2: Alsowski killing the Beast softly. Check out his website Matdowsowski

1028
00:54:40,760 --> 00:54:41,520
Speaker 2: dot com.

1029
00:54:41,560 --> 00:54:43,239
Speaker 1: I'm a spell it for you because.

1030
00:54:43,200 --> 00:54:48,120
Speaker 2: I know M A T T O S O W

1031
00:54:48,640 --> 00:54:52,880
Speaker 2: s ki dot com Matthowsowski dot com. He got more

1032
00:54:52,960 --> 00:54:55,560
Speaker 2: music and stuff like that on there, so gonna check

1033
00:54:55,600 --> 00:54:58,880
Speaker 2: out the heat. Politics is a member of cool Zone Media,

1034
00:54:59,440 --> 00:55:04,560
Speaker 2: Executive produced by Sophie Lichterman, part of the iHeartMedia podcast network.

1035
00:55:05,239 --> 00:55:07,719
Speaker 2: Your theme music and scoring is also by the one

1036
00:55:07,760 --> 00:55:11,760
Speaker 2: and nobly mattow Sowski. Still killing the beat softly, So listen,

1037
00:55:12,280 --> 00:55:15,040
Speaker 2: don't let nobody lie to you. If you understand urban living,

1038
00:55:15,120 --> 00:55:18,239
Speaker 2: you understand politics. These people is not smarter than you.

1039
00:55:18,560 --> 00:55:33,720
Speaker 2: We'll see y'all next week.