Speaker 1: All media. How much a dollar cost.
Speaker 2: That's the phrase we use to explain when we're about
Speaker 2: to talk about some economics.
Speaker 1: Obviously we have to talk about.
Speaker 2: Turff's Outheast DC East capital projects.
Speaker 1: That's where my mama from.
Speaker 2: You know, obviously I'm West Killer Kelly West Coast LA Native,
Speaker 2: but my mama from the district. You know what I'm saying.
Speaker 2: I got an aunt Caroling, Really I do.
Speaker 1: It's her. It's the third oldest of her siblings. No.
Speaker 2: Aunt Curling's son was named arn Come on, now, everybody
Speaker 2: from the DNV stand up, you feel me. My mama
Speaker 2: from the district. That's why I'll be making all the
Speaker 2: tarOf jokes. Gotta take care of your mother and your father.
Speaker 2: That's out for these bamas out here. You know what
Speaker 2: I'm saying where these Bama's from. Look, man, listen to
Speaker 2: go go.
Speaker 1: This one thing is got me dripping.
Speaker 2: Don how much a dollar cost? It was a song
Speaker 2: on Pimple Butterfly was where the name how much? I'm
Speaker 2: saying this for all the new people who just may
Speaker 2: have just joined the show because the show is growing. Finally,
Speaker 2: thank you for sharing the show with the hommies where
Speaker 2: I'm like I'm really trying to make this thing crack.
Speaker 2: So please, I never do the like and subscribe, you
Speaker 2: know what I'm saying, leave a comment, but like, please,
Speaker 2: good god. It was a song onto Pimp a Butterfly,
Speaker 2: which has more to do with like, you know, kind
Speaker 2: of like selling out for fame. You know that money
Speaker 2: is so important that like so basically the price you
Speaker 2: paid for that money you got was your soul is
Speaker 2: the concept of the song. But the way I'm using
Speaker 2: it is that, yeah, it takes money to make money.
Speaker 2: So every dollar has a price on it, and it's
Speaker 2: not just a dollar. When my daughter when she was
Speaker 2: like getting a little older and started asking for us
Speaker 2: to you know, she wanted to go to in and
Speaker 2: Out and Chick fil A.
Speaker 1: She's wanted to go out to eat every day.
Speaker 2: I needed to explain to her that trying to explain
Speaker 2: to her that like people get paid hourly, you know,
Speaker 2: for the amount of work it takes for us to
Speaker 2: be able to buy that ten dollar meal. You know,
Speaker 2: like if you're doing minimum wage, with minimum wage out
Speaker 2: here twenty two bucks an hour, like so if it's
Speaker 2: like okay, then your eleven dollar meal is a half
Speaker 2: hour work, right, so you know you want to do that,
Speaker 2: and then you want to stop for some jamva juice,
Speaker 2: and then you want to like, you know, get ice
Speaker 2: cream later on and then get do sheh. At the
Speaker 2: end of the day, it's like, okay, well that equals
Speaker 2: that those dollars cost time?
Speaker 1: Right? How much does the collar cost?
Speaker 2: And that time is time away from you like that
Speaker 2: Mommy and Daddy have to go to work to it.
Speaker 2: So that's how much that cost. Now, it wasn't so
Speaker 2: that she would not like ask us for stuff. It
Speaker 2: was more just for her to understand, you know.
Speaker 1: The value of a dollar. You know what I'm saying, Like,
Speaker 1: how much is that worth? For you?
Speaker 2: In more street sense, it's like how much is your
Speaker 2: backpack worth? How much is your bike worth?
Speaker 1: Is it worth?
Speaker 2: This fade you finna get when somebody can run up
Speaker 2: and say, borrow your bike right quick?
Speaker 1: I remember, like you have to look.
Speaker 2: I used to have to look them votos in the
Speaker 2: face and be like, I'll die for this backpack.
Speaker 1: Of course I won't die for the backpack.
Speaker 2: But that's how much would this backpack cost?
Speaker 3: You?
Speaker 1: Still in my backpack?
Speaker 2: Yeah, the backpack's like twenty five thirty fifty dollars. But
Speaker 2: I'm willing to run a fade over a fifty dollars thing.
Speaker 2: It's gonna cost me way more than the price of
Speaker 2: this backpack, But what I receive in that is safe
Speaker 2: passage the next time.
Speaker 1: I would like to walk.
Speaker 2: Through my own neighborhood to get home. How much a
Speaker 2: dollar cost? Today we're gonna talk about how much these
Speaker 2: tariffs are really gonna cost.
Speaker 1: How much a dollar costs? The Trump versus.
Speaker 2: Everybody addition hood politics, y'all.
Speaker 1: Hey, how's everybody doing.
Speaker 2: This is the first Monday of the month, which means
Speaker 2: that yesterday was the first Sunday. Thank you for y'all
Speaker 2: who pulled up to Real Ones. One of you said
Speaker 2: was like, yo, I'm a fan of the show. I
Speaker 2: was like, word, that's why you hear? That's dope, man.
Speaker 2: I hope that for what a good time. I forgot
Speaker 2: your name. I apologize, but I'm so glad you pulled
Speaker 2: up and enjoyed yourself. I'm trying to see this year
Speaker 2: for all these worlds to combine, like the rap world,
Speaker 2: for which please listen to this. If you're listening to
Speaker 2: this Wednesday this week, that means Friday, you would have
Speaker 2: in your hands the first single of the new music
Speaker 2: I'm rolling out called Passion Project. Matter of fact, Matt Alsowski,
Speaker 2: why don't you throw a little little snit bit of
Speaker 2: Passion Project out this mug right here?
Speaker 1: I wait, I get it.
Speaker 2: I wish they learned to listen a goal when that's
Speaker 2: the million, your blessings and my children, though, change their
Speaker 2: direction effective ast penicilin your project, you'll probably repeat these syllableles,
Speaker 2: spin a pool all, drive out a sentinel.
Speaker 1: Why thank you, Passion Project?
Speaker 2: I got dnal Gwan and Genni Bowle's perfect start, creases
Speaker 2: in my dinner, Moore my linen bro practicing diligence.
Speaker 1: You know what a couple of young.
Speaker 2: Leans offended by your incellence in hebritage passion that.
Speaker 1: Me and stick past them.
Speaker 2: While we all know that Spotify does not pay well,
Speaker 2: it pays way more when you own the masters and
Speaker 2: I own the Masters, So stream away. But yeah, all right,
Speaker 2: I'm gonna talk to y'all. Let me let me lay
Speaker 2: the day out, because it's definitely teach your prop Now.
Speaker 2: I'm pretty sure y'all haven't seen and heard, because that's
Speaker 2: all everybody talking about. Besides the if you and our
Speaker 2: if you in our social space, the hands off my
Speaker 2: democracy protests, which I'm a little I'm a little out
Speaker 2: of the loop about it because it seems as though
Speaker 2: overall the black community sat this one out. It was like,
Speaker 2: y'all are already erasing Black lives matter. But we tried
Speaker 2: to tell you, okay, it's your turn. Where we at?
Speaker 2: We we got you the civil right, like, come on, fam,
Speaker 2: We tried to tell y'all. Told y'all that we told
Speaker 2: you they was coming for you. Now is yo your turn?
Speaker 2: You go march? We been marching now I'm all about
Speaker 2: solidarity among suffering folks. This got a fuddy though. What
Speaker 2: I'm saying is if you not, if your news ain't
Speaker 2: talk about that, if y'all apparently y'all done talking about
Speaker 2: what the hell that thing? Oh the Signal HUTHI group,
Speaker 2: And you know what I Sawbody sent me a clip
Speaker 2: from Joe Rogan show where whoever they had on that
Speaker 2: Let me let me find who they had on that thing,
Speaker 2: because like somebody actually made a humane statement, you know
Speaker 2: what I'm saying, which you don't get much. So I'm
Speaker 2: really Dave Smith, whoever the hell that is was on
Speaker 2: Joe Rogan and he was like, look, dude, the thing
Speaker 2: that bothers me was how like do none of you,
Speaker 2: like all of y'all are okay with this? I understand,
Speaker 2: how how are all of you okay with this? Are
Speaker 2: we ignoring one of the open statements when they said, oh,
Speaker 2: we found the guy we're looking for. He just walked
Speaker 2: into this apartment building. Let's bomb the apartment building, y'all
Speaker 2: are nobody has an objection. Nobody has an objection with
Speaker 2: First of all, Yemen is the poorest country in the
Speaker 2: Middle East who's already locked into a civil war and
Speaker 2: it's really not our problem, like we and we're bombing
Speaker 2: them to help Israel because the whu this feel like
Speaker 2: this senseless war against the people the gods that they
Speaker 2: trying their best at the fen in Naomi and we
Speaker 2: just gonna bomb. We're gonna bomb a whole ass apartment building.
Speaker 2: This guy Dave was like, do none of y'all believe
Speaker 2: there's a god like even if like at least some
Speaker 2: semblance in that, like, maybe this god or the universe
Speaker 2: gonna have something to say about the fact that you
Speaker 2: bomb in these people, Like you're really like openly killing
Speaker 2: innocent people. Obviously a lot of us feel like, well
Speaker 2: that question has been at and answered a long time ago,
Speaker 2: or we wouldn't have been in this place in the
Speaker 2: first place. Speaking to Gaza, y'all see this anti apartheid
Speaker 2: club our shirt.
Speaker 1: I'm rocking here.
Speaker 2: But if you're on the if you're on the Ears edition,
Speaker 2: please go follow Pali Roots. They did not ask me
Speaker 2: to do this. My homeboy Jared out in New Zealand,
Speaker 2: who's like one of the most well informed educated, just
Speaker 2: an incredible, incredible, Like sometimes I feel like this man
Speaker 2: talking circles around me. I've never had nobody be able
Speaker 2: to explain justice to me, especially a white boy, like
Speaker 2: I mean, he's incredible. But he put me onto the
Speaker 2: Pali Root Roots. They slang merch and feed Palestinian children.
Speaker 2: It's really simple. So yeah, speaking of a senseless war
Speaker 2: in God, since we done talk about that. Now we
Speaker 2: talking about our own money. We might as well do
Speaker 2: some lessons here now caveat. Like I've said many times
Speaker 2: when I was taking the Sea set, which is the
Speaker 2: single subject education credentially to be able to teach in California,
Speaker 2: since I taught social sciences, to three part tests, and
Speaker 2: each part has two parts, has three parts. There's an essay,
Speaker 2: there's whatever. When it got to the economics one, I
Speaker 2: failed that mug three times because of the stuff we
Speaker 2: about to talk about again in here.
Speaker 1: This is our review.
Speaker 2: If you've been a fan of the show, economics at
Speaker 2: least the way we talk about it don't make sense
Speaker 2: to me. It seems like you're making this way more
Speaker 2: difficult than it needs to be. To me, economics was simple.
Speaker 2: Don't spend money you ain't got. I don't know, Spend
Speaker 2: less than you make, make more than you spend. If
Speaker 2: you're going to invest, you want to make sure you
Speaker 2: sell it for more than you bought it for. It
Speaker 2: just seems like, I don't know, don't spend money you
Speaker 2: ain't got. It seemed real simple to me. Apparently there
Speaker 2: are terms for all that, and there are charts to
Speaker 2: measure it. It just don't make sense to me, Like,
Speaker 2: I don't understand why you need all these words to
Speaker 2: say that. And you start getting than the speculation where
Speaker 2: you're saying, I think this is going to cost this much.
Speaker 2: What when people say they're worth a billion dollars, but
Speaker 2: that's what you believe when you add all their assets together,
Speaker 2: that's like, so it's imaginary. Well how much money you
Speaker 2: got in your bank? They'd be like, well, ten thousand dollars.
Speaker 2: I'm like, nigga, and that's how much money you got.
Speaker 2: I don't understand how you could be worth a billion dollars,
Speaker 2: but you had to take it. You got this private jet,
Speaker 2: but you got to take out a mortgage to be
Speaker 2: able to pay the gas. Then like, you ain't got
Speaker 2: Like my grandma used to say, as long as somebody
Speaker 2: owe you money, you'll never be broke. So what they
Speaker 2: say is, I'm like, well, then you don't go to
Speaker 2: borrow somebody else's money. I'm like, you can't owe a
Speaker 2: billion dollars and say you have a billion dollars, you
Speaker 2: have no money if you owe a billion, Like that's
Speaker 2: the way I thought.
Speaker 1: I don't know.
Speaker 2: That's probably why I'm not rich, because to me, I
Speaker 2: was like, I don't understand his works. And then you
Speaker 2: have this economic theory called the everyday man. And the
Speaker 2: everyday man is like the average person. So when you
Speaker 2: read these charts, it's calibrated to what they would call
Speaker 2: the average person. The only problem with the average person
Speaker 2: is nobody is that person because that person is not
Speaker 2: an age.
Speaker 1: It's between the age of that person.
Speaker 2: Don't live in a particular city, they live in any
Speaker 2: town city. They got two point five kids. Nobody on
Speaker 2: the planet ever, in the existence of human beings, has
Speaker 2: had half a child.
Speaker 1: That's just not I like.
Speaker 2: So, why are all of your models based on a
Speaker 2: human that none of us can be? That just does it.
Speaker 2: I don't understand. Your whole system don't work if no
Speaker 2: one can no one is the average, Well you at
Speaker 2: it all together. I'm like, that don't make sense to me.
Speaker 2: I'm just supposed to accept that the calibration of this
Speaker 2: thing is a person that none of us are. When
Speaker 2: you start saying the economy is good, you mean the
Speaker 2: line go up, so that means the economy bad when
Speaker 2: the line go down. It seemed to me like because
Speaker 2: of these tariffs, you're telling me that Trump and Zuckerberg
Speaker 2: and Bezos and old Elon have lost a billion dollars.
Speaker 2: It looked like they life ain't no different. That's an
Speaker 2: imaginary number. I don't understand how that line means money. Like,
Speaker 2: this is why it It was so hard for me.
Speaker 2: So when you say the economy good or the economy bad.
Speaker 2: I'm like, either way, I can't afford the head. Even
Speaker 2: when you said the economy was good, these eggs cost
Speaker 2: too much. Now you say the economy bad, the ad
Speaker 2: price of the eggs ain't change. The only way we're
Speaker 2: affected is when you is. When the line go up,
Speaker 2: y'all make money. When the line go down, y'all start
Speaker 2: downsizing and firing people.
Speaker 1: It's imaginary money. I just don't understand.
Speaker 2: So that's how we affected is we lose jobs because
Speaker 2: your imaginary line went down. I've since learned that it's
Speaker 2: a lot more to it than that. But this is
Speaker 2: why I failed it three times because I was trying to.
Speaker 2: I was like, make it make sense. You have to
Speaker 2: to understand economics. You have to suspend reality in the
Speaker 2: same way of accepting when you watched Game of Throne,
Speaker 2: you just accepted a world that had dragons, like the
Speaker 2: dragons were just a part of the universe that like
Speaker 2: was so as a matter of fact, that like nobody
Speaker 2: we weren't even like we weren't even it's not even
Speaker 2: the point of the show. You just have to accept it.
Speaker 2: So to understand the stuff I'm finna talk about there's
Speaker 2: a little bit of like you have to suspend reality.
Speaker 2: But once you suspend reality of like these numbers don't
Speaker 2: seem like real number, then it all starts making sense.
Speaker 2: And then you could see how things that are imaginary
Speaker 2: actually do affect us, like borders they're made up, and
Speaker 2: specifically money. It's not real, but it's real when the
Speaker 2: bill collects this call. Now let's get a crack at
Speaker 2: home boy. First, I'm gonna say what is a tariff?
Speaker 2: I'm gonna say what Trump thinks this is gonna do?
Speaker 2: And then counterpoint and then how the rest of the
Speaker 2: world dropped a clap back? You guys ready Trump versus everybody.
Speaker 1: Let's dive in, all right, tariffs.
Speaker 2: The question when you're a teacher oftentimes is like how
Speaker 2: far back into the rabbit hole do you go? Especially history,
Speaker 2: it's like where do you start the story? Because everything
Speaker 2: has context, But let's put it all together, right this
Speaker 2: like this for us to understand where we get into today.
Speaker 2: So tariffs, you have to step back and think about
Speaker 2: industrial revolution and creating products in industry to try to
Speaker 2: get your weight up, and then trying to sell that
Speaker 2: to the rest of the world. When you're a brand
Speaker 2: new baby country, a brand new babyhood, a brand new anything.
Speaker 1: You need to learn how to get.
Speaker 2: Your what you're gonna make, what you're gonna be good at,
Speaker 2: and how you're gonna make some bread. But since you
Speaker 2: the new kid on the block, people been making stuff
Speaker 2: the whole time, but you trying to get into the game.
Speaker 2: So the only way to get into the game is
Speaker 2: you gotta get your weight up. You gotta make something
Speaker 2: you got. You gotta develop a product that the rest
Speaker 2: of the world needs or can't get anywhere else. I know,
Speaker 2: when I be making music, one thing I always have
Speaker 2: to remind myself is like, what's my unfair advantage?
Speaker 1: What do I have?
Speaker 2: What do I have to offer that you can't get
Speaker 2: from any other album? You know, there's one hundred thousand
Speaker 2: songs uploaded to the strength to like DSP's a day.
Speaker 1: So I'm like, how do you get through the noise? Well?
Speaker 2: I have to offer something or I have to try
Speaker 2: to offer something. Nobody else will. It's all just still
Speaker 2: just rap music. But like why meat? So when you're
Speaker 2: you're a baby, young scrappy country, hell my god, right,
Speaker 2: youre trying to get in the game because apparently you
Speaker 2: can't just enslave people and make money from cotton, because
Speaker 2: that's racist.
Speaker 1: Oh my god, you have to figure out how to
Speaker 1: make other stuff.
Speaker 2: You can't just export human now you want and you
Speaker 2: want your people to buy your stuff. But sometimes the
Speaker 2: people as they were then are now like they stuff,
Speaker 2: and they like they stuff for cheap. So if I
Speaker 2: could get a better product somewhere else, I don't care
Speaker 2: how young and scrappy your government is or your country is.
Speaker 1: That don't make no difference to me. I need a
Speaker 1: pot because.
Speaker 2: You remember, before the Industrial Revolution, most people made their
Speaker 2: own stuff, or you had a blacksmith that like lived
Speaker 2: a few barns down, like you made your own clothes.
Speaker 2: There wasn't a mass manufacturing of any Everybody made their
Speaker 2: own stuff, and then you just traded among each other.
Speaker 1: Was it a big deal? Once our world got connected? Right?
Speaker 2: Once we started like just at an exponentially alarming rate,
Speaker 2: just started extracting minerals from the ground, figuring out thanks
Speaker 2: to uh, you know, our Nazi friend Henry Ford, to
Speaker 2: put together an assembly line, and you can make things
Speaker 2: with just replaceable parts, where like widgets, it's like I
Speaker 2: don't need just I don't need a blacksmith to make
Speaker 2: a bespoke custom perfect screw like this. No, you just
Speaker 2: make interchangeable parts. I make a million of those screws
Speaker 2: and then a million of those bolts. You just have
Speaker 2: them in a bucket, and they could make anything. You
Speaker 2: know what I'm saying, Like everything stopped being bespoke, right,
Speaker 2: But you trying to get your weight up. You know,
Speaker 2: we building these factories, we look we trying to get
Speaker 2: We trying to get on a map too, But the
Speaker 2: rest of the world had a head start.
Speaker 1: So at this point, almost.
Speaker 2: Everything once you know, once the world got more connected,
Speaker 2: most of the stuff we was getting and given and
Speaker 2: stuff like that, they had such a head start on us.
Speaker 2: It was like, well, well, how do we get our
Speaker 2: people to buy our stuff? So we say, well, we
Speaker 2: can't beat they prices. And it's kind of not fair
Speaker 2: because these people getting the hell of wealthy based on
Speaker 2: our appetite, but they not buying our stuff, you know
Speaker 2: what I'm saying.
Speaker 1: So what do I do?
Speaker 2: Will you set up these things initially to protect your industries? Now,
Speaker 2: I want you to remember that you're trying to protect
Speaker 2: your own industries and by doing that, while you are
Speaker 2: working to get your quality together as like a temporary
Speaker 2: thing to be Like hold up, man, Like we need
Speaker 2: a chance to catch up, y'all just can't just like
Speaker 2: this is our market, like this is our buyer base,
Speaker 2: Like give me a second. If you just gonna sell
Speaker 2: to them, like I'm never gonna catch up. So like
Speaker 2: you know what, dude, Like we're the ones running all
Speaker 2: the infrastructure here. We don't want hire in these people.
Speaker 2: We don't want giving them the money, giving them their
Speaker 2: money to be able to buy the stuff from you.
Speaker 1: Anyway.
Speaker 2: We paying for the street lights, we're paying for the police,
Speaker 2: We're paying for all this stuff.
Speaker 1: We're not getting no return from it as a government.
Speaker 2: So if you just gonna come over here and make money,
Speaker 2: like I need a percentage of that. And this is
Speaker 2: why I say every gangster understands terror.
Speaker 1: Right now. Big U was in the news.
Speaker 2: If you follow culture like I do, big U is
Speaker 2: a famous for all in sixty crip who got out,
Speaker 2: and he started a lot of gang intervention programs for
Speaker 2: which I have directly been been affected by in a
Speaker 2: good way.
Speaker 1: He got out.
Speaker 2: I was a little I was definitely a little older
Speaker 2: by the time he got out, but a lot of
Speaker 2: the love hummies, even you know, dudes that would have
Speaker 2: continued down routes that would have really ended their lives
Speaker 2: kind of got involved in his programs, you know what
Speaker 2: I'm saying, And that like so as far as like
Speaker 2: the connection to the community, I owe a lot to
Speaker 2: his programs. Now, I'm saying this as somebody that's not
Speaker 2: a gang member, and you have to remember with gangs.
Speaker 1: They also have rivals.
Speaker 2: So just because this one person is getting a certain
Speaker 2: amount of like community, notoriety or publicity or exceeding, they
Speaker 2: have enemies. In addition to what he was doing is
Speaker 2: he had sort of like an entertainment wing where he
Speaker 2: was managing a lot of artists and not the least
Speaker 2: of which was Nipsey Husk because Nipsey was also a
Speaker 2: Rolling sixty cript. Now, there's a tradition in California called
Speaker 2: checking in. Now, I remember in Detroit they used to
Speaker 2: have like the no Fly Zone, Like this was a
Speaker 2: famous thing in Detroit where they told rappers like don't
Speaker 2: come here, and before if you gonna come here doing
Speaker 2: the show here, we need to make a percentage. You
Speaker 2: need to put one of our artists on every time.
Speaker 2: And if I see you have a show. If I
Speaker 2: see your name on a flyer and it ain't no
Speaker 2: Detroit artists on here, I'm taking your whole bag and
Speaker 2: we taking over the show.
Speaker 1: OLG and Detroit charged the tariff.
Speaker 2: If you are coming here to make some money off
Speaker 2: your music, you need to put our artists on your bill.
Speaker 2: And if you don't, I'm shutting down and I'm taking
Speaker 2: your money.
Speaker 1: Just check in with us.
Speaker 2: We'll make it work out so that now this is
Speaker 2: mutually beneficial. Our guys are making a little more money.
Speaker 2: You know what I'm saying, You're because you're not just
Speaker 2: gonna use our city to fill your pot. Check it
Speaker 2: in out here. I bring up big you because uh
Speaker 2: he had a podcast called checking In, and he talked
Speaker 2: often about the importance of when you come to California,
Speaker 2: you have to check in. Now what that sould to
Speaker 2: to these young dumb rappers who are trying to who
Speaker 2: want to get you know, they want to go down
Speaker 2: to the hood and you know, you want to shoot
Speaker 2: a music.
Speaker 1: Video down there. You want lo los, you know what.
Speaker 2: I'm saying, Like you want to you want to you know,
Speaker 2: you know what I'm saying. You want to look like
Speaker 2: you outside like you like you real out here. But
Speaker 2: most importantly, you don't want your chain snatch. You don't
Speaker 2: want to get robbed the second you get to the hotel.
Speaker 2: Because here's the thing. The person parking your car don't
Speaker 2: live in Beverly Hills. That person live in Compton. You
Speaker 2: think he ain't see you come off that car shining.
Speaker 2: You think he ain't called the hummies to set you up.
Speaker 2: You think that man don't know what room you in
Speaker 2: because you had to give him the room number check in.
Speaker 2: So it's supposed to be that like, okay, so hey,
Speaker 2: I'm coming, you got me and make sure Like now,
Speaker 2: you got to remember you checking in with a man
Speaker 2: that's a total stress. He don't know you, but you
Speaker 2: know you coming in here with bands and you're finna
Speaker 2: make bands. So I made this joke before. It's like,
Speaker 2: you know, you get put on you, you run twenty
Speaker 2: racks of the hood. You can shoot your video down here. Yeah,
Speaker 2: we'll make sure, we'll make sure you don't get robbed
Speaker 2: by us. But then but then what the streets do
Speaker 2: They called a set down the road, give them the
Speaker 2: access code, they rob you, and then we split it.
Speaker 1: So you paid us to let you do this. We
Speaker 1: tried to protect you.
Speaker 2: You mess around and win somewhere else you wasn't supposed to,
Speaker 2: and them niggas robbed you. Now you don't know that
Speaker 2: we sent them niggas over there, but like if of
Speaker 2: course he gonna and then you who you gonna call?
Speaker 2: Schoolboy Q has a great interview when he was on
Speaker 2: Drink Champs A buy all y'all niggas want to check in?
Speaker 1: Everybody?
Speaker 2: Will I say our favorite thing, y'all want to check in?
Speaker 2: You think this man who got enemies, That's what I
Speaker 2: mean by like remember like you from it. If you're
Speaker 2: from a set, your set as enemy, you think those
Speaker 2: enemies are just gonna let you extort the dude when
Speaker 2: he come into town. You think that man really like it?
Speaker 2: Why would he protect you? He gonna rob your dumb
Speaker 2: ass like that was the theory.
Speaker 1: You know what I'm saying.
Speaker 2: Now, Far be it from me to speak out my
Speaker 2: neck about stuff I don't know. I don't know anything
Speaker 2: about really what happened with Big Yu. I know right
Speaker 2: now he's under federal investigation for like a straight like
Speaker 2: mafia style ring. Whatever he did. Listen, I don't want
Speaker 2: to smoke. All I'm saying is, don't come to California
Speaker 2: and pretend to be against It's going to cost you. Okay,
Speaker 2: now that tariff might be the percentage you ran to
Speaker 2: his hood, but it might cost you moting. That might
Speaker 2: cost you your safety. So here's what the lesson is. Listen,
Speaker 2: why do you even want to go down there?
Speaker 1: Anyway?
Speaker 2: Land in lax? Like schoolboys say go where is fun?
Speaker 2: And like he say, get you something to eat, you know,
Speaker 2: take it back to your hotel room, take your jewelry off,
Speaker 2: go to the club.
Speaker 1: You know what I'm saying, and enjoy yourself. Why are
Speaker 1: you trying to go to the hood? Like We're like,
Speaker 1: why are you you don't It don't have to be
Speaker 1: like that.
Speaker 2: Lesson I've learned a long time ago is if I
Speaker 2: don't know nobody over there, I'm not going over there.
Speaker 2: People have asked me a few times, have been like, hey,
Speaker 2: can we do a thing where we can you show us?
Speaker 2: Can you show us Compton? And I'm like, absolutely not.
Speaker 2: I'm not going to drive you through Compton to show you.
Speaker 2: Like I don't, I don't know nobody over there, Why
Speaker 2: the hell would I take? You can come to my hood.
Speaker 2: I know people over here, but no, I'm not sight seeing.
Speaker 2: I mean, I'll take you you want to go see
Speaker 2: you want to go see the Crenshaw in Slawson where
Speaker 2: the mirror is. I'll let you go see the miral.
Speaker 2: But we're not finna hang out in the sixties, like
Speaker 2: what is wrong with you?
Speaker 1: Right?
Speaker 2: Okay, let me get back on topic. So you take that,
Speaker 2: but you apply it to a country. Now another way,
Speaker 2: like I said in the little social media breakdown, is
Speaker 2: the idea of all the mechs gangs out here. Everybody
Speaker 2: knows everybody pays taxes, and they all pay taxes to
Speaker 2: the same people. I don't care what your gang is
Speaker 2: except for one. But that's some hood. That's some hood
Speaker 2: politics that y'all don't need to know about. If you
Speaker 2: are going to sell to our people, you need to
Speaker 2: pay a percentage to us first, and that money goes
Speaker 2: into the government treasury, which brings us to Now, y'all,
Speaker 2: America is ten trillion dollars in debt, I'm gonna say
Speaker 2: that again, and slower America is ten trillion dollars in.
Speaker 1: Debt.
Speaker 2: Now, that can't possibly be one person's fault. That ain't
Speaker 2: one president's faul. That's all of y'all. When you get
Speaker 2: a credit card, you know why your credit card got
Speaker 2: spending limits because of this ten trillion dollars, which you
Speaker 2: would say that doesn't matter, because we make the money.
Speaker 2: Why don't you just print a ten trillion dollar bill?
Speaker 2: Now you got inflation now, I think in one of
Speaker 2: the other ones I talked, tried to explain what inflation was. Basically,
Speaker 2: if there's too much of it, it stopped having value,
Speaker 2: right you mighty as Remember collecting baseball cards if you
Speaker 2: ever did, or any sort of sports cards or pokemons
Speaker 2: or Yu gi Oh's whatever. I don't care what the
Speaker 2: hell you cat you collect, Remember when there's when there's
Speaker 2: not a lot of them, they're a rarity. They're worth more.
Speaker 2: It's the same with money. If it's too much money
Speaker 2: going around, it loses its value. It doesn't buy enough.
Speaker 2: That's over inflation. That leads into a depression. You walk
Speaker 2: up with a barrel of dollars to try to buy
Speaker 2: a loaf of bread. Everything costs more because the money's
Speaker 2: not worth anything. Does that make sense? So you can't
Speaker 2: just print it. You have to generate it in a
Speaker 2: way that makes sense. You know, els talked about inflation
Speaker 2: in terms of tariff I might be getting ahead of myself.
Speaker 2: But uh, Ferris Bueller's teacher on Ferris Bueller's day off.
Speaker 2: But it was the date that Ferris ain't go to school.
Speaker 2: That's why he ain't learned this stuff. Wrote a clip.
Speaker 4: Nineteen thirty, the Republican controlled House of Representatives, in an
Speaker 4: effort to alleviate the effects of anyone, anyone the Great Depression,
Speaker 4: passed anyone, anyone the tariff Bill, the Holly Smoot Tariff Act,
Speaker 4: which anyone raised or lowered, raised tariffs in an effort
Speaker 4: to collect more revenue for the federal government. Did it work?
Speaker 4: Anyone anyone knows effects. It did not work, and the
Speaker 4: United States sank deeper into the Great Depression.
Speaker 2: See he tried to tell us, Now, what are other
Speaker 2: ways you can make money? You generate money for the government.
Speaker 2: You could either do land grants and bonds. You know
Speaker 2: you're about those government bonds. And again this goes back
Speaker 2: to the idea of imaginary money, where we get people
Speaker 2: to invest in the government, where you buy whatever dollar
Speaker 2: amount of a bond into the government, and then the
Speaker 2: government's promising that you get a return on that investment,
Speaker 2: and they cut you a check because you invested in
Speaker 2: the government. However, you just invested in something that owes
Speaker 2: ten trillion dollars, So I don't know why the hell
Speaker 2: you would do that. So you got to find another
Speaker 2: way to make some money.
Speaker 1: So if you the.
Speaker 2: Government, you like, where's all the bread going from? We're
Speaker 2: not making it in taxes. I mean we could just
Speaker 2: we could tax the wealthy more. I mean, we have
Speaker 2: the highest concentration of billionaires. We've concentrated almost all of
Speaker 2: the country's wealth to the top one percent of none
Speaker 2: of which pay a fair share of taxes.
Speaker 1: I mean you could just, nah, why would we do that?
Speaker 1: Why would we tax the people that have the money? Why?
Speaker 2: Why why would we do that?
Speaker 1: That's making sense.
Speaker 2: You should make billionaires pay taxes, might get our money back.
Speaker 2: But nah, let's think of something else. Well, you gotta
Speaker 2: find a way to make the money. So you make
Speaker 2: the money by generating ways to make money. One of
Speaker 2: those ways would be, Yeah, we need more jobs. We
Speaker 2: need more jobs. You got to create the jobs. How
Speaker 2: you create the jobs is you got to build places
Speaker 2: for those people to work. Well, who're gonna pay to
Speaker 2: build those places for people to work.
Speaker 1: The government. The government ain't got no money. How we
Speaker 1: gonna do that?
Speaker 2: And especially if you're a traditional Republican, you try and
Speaker 2: you try not to spend no more, but you're trying
Speaker 2: to make mode but you don't like taxes.
Speaker 1: What do you do? Well?
Speaker 2: One solution was you find people that you ain't got
Speaker 2: to pay a lot that was immigraci So we took
Speaker 2: in a whole lot of illegal immigrants cause you ain't
Speaker 2: got to pay them. You needed a workforce. The workforce
Speaker 2: is going to generate this money that's gonna pay into
Speaker 2: the system. But then you like, what are you talking
Speaker 2: about the illegal immigrants? They don't pay taxes. They absolutely
Speaker 2: pay teck.
Speaker 1: Are you paying attention? They absolutely pay teck.
Speaker 2: Anyway, So let's find the poorest people in the world
Speaker 2: and make them pay the taxes rather than the wealthiest.
Speaker 2: Let's keep moving because I'm still talking about terriffs, Y're
Speaker 2: still talking about practice.
Speaker 1: So, but that's not gonna be enough money.
Speaker 2: What you gotta do because it's not enough if we
Speaker 2: just selling this stuff to ourselves, it's not like we're
Speaker 2: not getting nowhere. We need to be able to sell
Speaker 2: it to other people. But if they already got it,
Speaker 2: why would they buy it? Well, what do we have
Speaker 2: that they don't, Well, let's sell that to them, right.
Speaker 2: But what happens is if we are buying more from
Speaker 2: the country that we're trying to sell to, we have
Speaker 2: what's called a trade deficit. That means we buy more
Speaker 2: than we sell, and that country's got a trade surplus
Speaker 2: means they sell mode than they buy.
Speaker 1: That's our relationship with China.
Speaker 2: That's why your iPhone about to be thirty five hundred
Speaker 2: dollars because we buy more products from them then we
Speaker 2: sell to them.
Speaker 1: What they do buy from US is soybeans, which we'll
Speaker 1: talk about later.
Speaker 2: But so the thought was, we need every country to
Speaker 2: check in because every country ain't been checking in.
Speaker 1: They y'all just been out here.
Speaker 2: Like at first, the deal was like, if we're gonna
Speaker 2: use the street thing, okay, listen, we'll send you.
Speaker 1: I'm gonna be as crude as possible, so please forgive me.
Speaker 2: You can sell us fentonyl if we could sell y'all prostitutes,
Speaker 2: you can use our prostitutes if you send us fentinyl.
Speaker 2: And you know what, no harm, no foul, it's easy.
Speaker 2: It's it's an even trade that would be called terror
Speaker 2: Free Trade Agreement like NAFTA. It's all good, and you
Speaker 2: know these lines are stupid, like our borders or it's
Speaker 2: like besides, like you know, it's like if you're growing
Speaker 2: weed and you was growing opium and like it's like
Speaker 2: it just if it grow. If it's growing at El Paso,
Speaker 2: it's like nigga, which part of l Pasos, Mexico?
Speaker 1: Which part of it?
Speaker 2: Like it's like the borders, it's fine, we don't have
Speaker 2: to like, let's just exchange the thing.
Speaker 1: Yohood, myhood. It's all good.
Speaker 2: Matter of fact, mylog was born in your neighborhood, so
Speaker 2: it doesn't even like it's the same.
Speaker 1: It's all good.
Speaker 2: But what if you live in a neighborhood with just
Speaker 2: some absolute crackheads and they won't fening on and crack
Speaker 2: and like, so then now they like, oh we got oh,
Speaker 2: we got all that. We could give you every drug
Speaker 2: you won't yo people just buying it up and dying.
Speaker 2: But meanwhile they only they not buying enough prostitutes for
Speaker 2: you to make any money from. So you start looking
Speaker 2: around and being like, you know, they getting real rich
Speaker 2: off us.
Speaker 1: I know that's crude.
Speaker 2: But that's the point I'm trying to explain here America
Speaker 2: looking around, like again I'm explaining what the tariff is,
Speaker 2: and actually what Trump's thinking, right, So like, well, we
Speaker 2: can't just let you come here and get rich dog like,
Speaker 2: like I said, we're paying for all the infrastructure and
Speaker 2: like we're obviously in debt.
Speaker 1: We need to figure out ways to make money.
Speaker 2: You're not buying this shit from us, so you're not
Speaker 2: buying stuff from us, and you out here making money
Speaker 2: because all our people just buy your stuff.
Speaker 1: So even if we tried to make.
Speaker 2: It, ain't nobody gonna like want to buy our shit
Speaker 2: cuz yours is cheaper and better.
Speaker 1: But that's not the point.
Speaker 2: And we can't make it cheaper because we don't believe
Speaker 2: in slave labor and because y'all so racist that you
Speaker 2: don't want no immigrants.
Speaker 1: So like what we supposed to do?
Speaker 2: So they say, oh, I know, this is what we're
Speaker 2: gonna do. We're gonna charge y'all if y'all want to
Speaker 2: sell here. So if you're gonna sell products here, And
Speaker 2: the way that Trump thought about it was what's the
Speaker 2: percent up you are of us? Like if you got
Speaker 2: five points up from us. Then I'm gonna charge you
Speaker 2: ten points right so that it kind of even out.
Speaker 2: Does that make sense. I'm trying to eve it out.
Speaker 2: I'm trying to figure out how much money you making
Speaker 2: off us and how much money we not making off you,
Speaker 2: And I'm trying to like basically divide the two figure
Speaker 2: out the number to decide what the terrair percentage is
Speaker 2: for your particular country. Now, the reciprocal tariff is, what
Speaker 2: are you charging us? Well, fu, I'm gonna charge you that.
Speaker 2: What's your percentage? Well I want to do that percentage too.
Speaker 2: You don't get to sneak mode office. The bottom line
Speaker 2: is everything's made everywhere. Like have you been on the
Speaker 2: planet in the last one hundred years? Everything's made everywhere.
Speaker 2: There's no I use this example for there's no like.
Speaker 2: There's not like a pancake mix of car. Like, there's
Speaker 2: no batter that you just sit inside of vat and
Speaker 2: then you come and then what pops out is your rivian. No,
Speaker 2: it's like the seat cushion is made in Scandinavia, the
Speaker 2: rivet is made in Canada, the tires is made in Wyoming.
Speaker 2: I'm making these places up it's all made in different places.
Speaker 1: Even if you were to be like, we're.
Speaker 2: Gonna tear if we're gonna we're gonna tear iff cars
Speaker 2: coming in from Japan, Well, the problem is if the
Speaker 2: rivets that Japan uses are made in Pittsburgh, you just
Speaker 2: screwed Pittsburgh because guess what, the Japanese manufacturer ain't gonna
Speaker 2: buy the American made rivets because you just tariffed us.
Speaker 2: So he's so, but the idea is generally this, if
Speaker 2: you're gonna sell to US, I need a percentage of that,
Speaker 2: and that money goes into the US Treasury to hopefully
Speaker 2: pay down some of his debt.
Speaker 1: That's the first part of the plant.
Speaker 2: What he is hoping happens is it becomes so expensive
Speaker 2: to buy stuff made everywhere else that it's going to
Speaker 2: force people to shop in America. Because again this is
Speaker 2: Trump's mind. If you think in a world that is
Speaker 2: totally and unequivocally transactional, that we don't have friends, you
Speaker 2: don't have homies, You just have convenient partners. If they
Speaker 2: make it more money than we are and we lose,
Speaker 2: not that we're not getting the service that we desire.
Speaker 2: If you look at like I don't know anyone complaining
Speaker 2: about the products they buy. I don't know anyone that
Speaker 2: says we wish this costs more. But if your theory
Speaker 2: is if you make it more money than me, then
Speaker 2: I'm losing. I want to make more money than you.
Speaker 2: You making more money off me than I'm making off you,
Speaker 2: than I'm losing. That this is not fair. That's why
Speaker 2: he would say the trade tariffs are unfair. We're gonna
Speaker 2: make it fair. What he means is he needs to
Speaker 2: make more money.
Speaker 1: Right.
Speaker 2: But if you notice these new tariffs didn't include Canada
Speaker 2: and Mexico. Why because it's like you're untangling something that
Speaker 2: you can everything's made everywhere. Most American made products are
Speaker 2: also made in Canada, are also made in Mexico. Because
Speaker 2: this because of the Free Trade Act between the two.
Speaker 2: Like like I said, like if you building an if
Speaker 2: you buying an American made boot, you understand I'm saying,
Speaker 2: I don't know the leather, the leather and the rubber
Speaker 2: is like the two things in the laces, Like that's
Speaker 2: it's made in all three of our countries and then
Speaker 2: assembled in America, and we get to say that's an
Speaker 2: American made product, so yeah, you know, like you're you
Speaker 2: really shooting yourself in the foot if you added these
Speaker 2: tariffs cities two country because look like here, here's what
Speaker 2: economists Pete Goodman said, who he's over at at the
Speaker 2: New York Times. You could take that as whatever it
Speaker 2: takes that, but he's the economists in New York Times.
Speaker 2: The numbers are if you buy something from Mexico, like
Speaker 2: let's say you bought something made in Mexico, like thirty
Speaker 2: cents of every dollar was made in America. So like
Speaker 2: of that product, like thirty cents on the dollar was made.
Speaker 2: It was made here, even though it says made in
Speaker 2: it's safe to say if thirty cents of each dollar
Speaker 2: you spend was an American job. But if you buy
Speaker 2: something from China, it's like three cents of it was
Speaker 2: American made. So you see how even in a global economy,
Speaker 2: in Trump's mind, you know what I'm saying, like we're
Speaker 2: not making enough money. And it seemed like everything good,
Speaker 2: it seemed like everything happy. But I feel like I
Speaker 2: feel like y'all more happy than us. Yeah, we got
Speaker 2: our stuff, I guess, but like my nigga, we need
Speaker 2: we need this bread.
Speaker 1: I can fast forward to the end.
Speaker 2: A real answer is over consumerism. The real answer is
Speaker 2: we need to stop buying shit at the level that
Speaker 2: we buy in. Then everybody shuts up. Lema put that
Speaker 2: to the side. His point is we need to make
Speaker 2: shit here. If we make it here. Remember I say,
Speaker 2: he's like kind of a nineteenth century guy like anyway,
Speaker 2: so his thought is, I'm gonna read my notes over here.
Speaker 2: If it costs too much to buy out of the country,
Speaker 2: then eventually, not only does that make you look to
Speaker 2: American manufacturers, but you also create American manufacturers, so the
Speaker 2: business will boom. There'll be a job boom. Now you
Speaker 2: get to train all these new workers and you create
Speaker 2: new products, and everybody's happy, and there's new jobs, there's
Speaker 2: new businesses.
Speaker 1: And we're not relying on everybody else.
Speaker 2: Because if you are a manufacturer, you understand even if
Speaker 2: you tried to buy American products, that stuff we don't make.
Speaker 2: There's some shit we just can't grow. Bananas grow in
Speaker 2: tropical areas. You can have a GMO banana, but it
Speaker 2: ain't gonna be right. Bananas grow in tropical regions no
Speaker 2: matter what we no matter, I don't care what YO
Speaker 2: tariff say, the soil don't grow that.
Speaker 1: You know what I'm saying.
Speaker 2: There's some stuff that just doesn't grow here. But then
Speaker 2: there are other things that like, yo, maybe we can
Speaker 2: now do we have the infrastructure for it? No, But
Speaker 2: the hope is if we invest in our factories, if
Speaker 2: we invest in things.
Speaker 1: Now.
Speaker 2: I know people mirror my favorite coffee cup company that
Speaker 2: I always work with.
Speaker 1: They have steel.
Speaker 2: They're like, we tried to buy Americans deal. How much
Speaker 2: that shit costs and it's not enough? Done, done done,
Speaker 2: It's not enough. But the hope is we can make
Speaker 2: our products here, have this job boom.
Speaker 1: That's what he's thinking. Is happening.
Speaker 2: If I charge him, If I make it too episode,
Speaker 2: I eliminate y'all. I eliminate everybody else by getting him
Speaker 2: off the board, by just making everything cost too much.
Speaker 1: That's the thought.
Speaker 2: Now counterpoint next, here we go. You know who made
Speaker 2: the greatest counterpoint?
Speaker 1: You ready for this? Who made the greatest.
Speaker 2: Counterpoint for extreme tariffs is Ronald Reagan. I'm a plates clip.
Speaker 3: You see at first, when someone says let's impose tariffs
Speaker 3: on foreign imports, it looks like they're doing the patriotic
Speaker 3: thing by protecting American products and jobs, and sometimes for
Speaker 3: a short while it works, but only for a short time.
Speaker 3: What eventually occurs is first homegrown industries start relying on
Speaker 3: government protection in the form of high tariffs. They stop
Speaker 3: competing and stop making the innovative management and technological changes
Speaker 3: they need to succeed in world markets. And then while
Speaker 3: all this is going on, something even worse occurs. High
Speaker 3: tariffs inevitably lead to retaliation by foreign countries and the
Speaker 3: triggering of fierce trade wars. The result is more and
Speaker 3: more tariffs, higher and higher trade barriers, and less and
Speaker 3: less competition. So soon, because of the prices made artificially
Speaker 3: high by tariffs that subsidize inefficiency and poor management, people
Speaker 3: stop buying. Then the worst happens. Market shrink and collapse,
Speaker 3: businesses and industry shut down, and millions of people lose
Speaker 3: their jobs. The memory of all this occurring back in
Speaker 3: the thirties made me determined when I came to Washington
Speaker 3: to spare the American people the protectionist legislation that destroys prosperity.
Speaker 2: Did you follow what he was saying? I'm this is
Speaker 2: the suspending reality stuff. It's the idea that if you
Speaker 2: believe in a free market economy, then you think that
Speaker 2: the competition between two different or competing companies will get
Speaker 2: us the best product at the lowest price, because you're
Speaker 2: fighting for our dollars. If you, by government decree, make
Speaker 2: someone raise their prices.
Speaker 1: Then.
Speaker 2: You eliminate the need for competition. So this industry here,
Speaker 2: these factories might grow, but it's not real growth because
Speaker 2: your product's not better. You you made up this, which
Speaker 2: means that if that tariff leaves, they get to go
Speaker 2: back to their actual price. You following me, this isn't
Speaker 2: really cheaper. The American product isn't really cheaper. It's not
Speaker 2: actually better. It's only cheaper because your law made that
Speaker 2: cost too much, not their manufacturing costs, your law did.
Speaker 2: Imagine if you're at school and you make the basketball
Speaker 2: team and you swear you the best hooper in the school,
Speaker 2: let's just make it easier. You're in an elementary school
Speaker 2: and you want to be the one that runs the fastest.
Speaker 2: I'm the fastest kid at our school. Well that's only
Speaker 2: true if the kids that are faster than you got
Speaker 2: suspended or were not eligible and didn't make the grades.
Speaker 2: Are you really the fastest, because once they suspension is over.
Speaker 2: Once them kids get their grades up, then you not
Speaker 2: the fastest kid. That's what he's trying to say. The
Speaker 2: next problem with this is who actually pays the tariff?
Speaker 1: Right? So who's paying the tariff?
Speaker 2: Eventually, like we said, it ends at us, we pay
Speaker 2: the tariff, right, But how it works is this. Let's
Speaker 2: just say you got an etsy that's really popping, right,
Speaker 2: and you use textiles made in China, and you like,
Speaker 2: you right at that bubble, you right at that, like
Speaker 2: y'all like, look, if we could get this weight off,
Speaker 2: I got ten thousand orders waiting, like I'm almost there.
Speaker 1: I'm almost there. We almost crack it.
Speaker 2: But to get that shipping container off the docks and
Speaker 2: load it into your truck, your courier service that's gonna
Speaker 2: bring you. I noticed it because I had a coffee company.
Speaker 2: So when that coffee I'm switching metaphors. But that coffee
Speaker 2: from Ethiopia, which we had to pay Ethiopia to get
Speaker 2: it off their shores. But that's not your problem. But
Speaker 2: then once it got to America, I don't go down
Speaker 2: to Long Beach and get the and get the container. No,
Speaker 2: the courier service stuff which loads it into the freight
Speaker 2: truck that brings it to our factory. It brings a
Speaker 2: text I'll bring the coffee to our factory. So when
Speaker 2: the government says there's a fifty percent tariff on this
Speaker 2: from this country on that product, somebody got to pay
Speaker 2: that bill or the stuff don't get off the shipping container.
Speaker 2: Now you think China gonna pay that, that's one option.
Speaker 2: But if China gonna pay that, and China like, I'm
Speaker 2: not finna just lose, that's y'all's problem. I'm not gonna
Speaker 2: lose my profits. I set my price based on how
Speaker 2: much it cost us to make so we can make
Speaker 2: a profit.
Speaker 1: Y'all.
Speaker 2: The one that I ain't paying that you pay that.
Speaker 2: I did my part. You brought the product. Now what
Speaker 2: you do with it, how it gets off the boat?
Speaker 2: That's on y'all.
Speaker 1: I delivered it.
Speaker 2: So that means the people that's receiving it, it's gonna
Speaker 2: have to pay. It's an American company. Now you think
Speaker 2: that people that's receiving that company just gonna eat that cost,
Speaker 2: or you think they gonna roll that into me or
Speaker 2: into your Etsy thing that owns the textiles, you gonna
Speaker 2: have to pay for it. That's one way, and if
Speaker 2: I gotta pay for it. Look, I'm the small business, y'all.
Speaker 2: Could I can't afford this, But I also can't afford
Speaker 2: to just leave the shit at the docks. So what
Speaker 2: I'm gonna do? I can't necessarily charge the consumer because
Speaker 2: I'm a small business. You'll go somewhere else. You can
Speaker 2: only sell so many things to your cousins. Eventually you
Speaker 2: need customers you've never met. People used to ask, hey, prop,
Speaker 2: why you haven't you put Terraform cobrew on Amazon. I'm like,
Speaker 2: first of all, because they're evil, but secondly because I
Speaker 2: can't afford it. I don't have enough. There's not enough
Speaker 2: profit more, I can't afford it. I would lose a
Speaker 2: dollar on every can that I sold on Amazon. I
Speaker 2: can't afford it. Where there's more customers on Amazon, you'll
Speaker 2: sell more. Do you understand? It's the sunken cost fallacy.
Speaker 2: If I sell, if I lose a dollar on one can,
Speaker 2: if I sell one hundred cans, it doesn't I still
Speaker 2: lost the dollar on every can. So I lost one
Speaker 2: hundred dollars, which you sold one hundred cans, but I
Speaker 2: lost Are.
Speaker 1: You following me?
Speaker 2: So that means that somebody got to pay this extra
Speaker 2: fifty percent. Some of the countries have decided to say, well,
Speaker 2: how about we split this cost? Okay, everybody's losing, let's
Speaker 2: split the costs. Now, who can eat that? Are your Walmarts?
Speaker 2: Are your targets? They could eat that cost? It is
Speaker 2: what it is.
Speaker 1: Are they going to eat that cost?
Speaker 2: No, they're going to spread it across multiple departments, right,
Speaker 2: because is not Walmart just full of other products? You
Speaker 2: just spread it. You have to pay for shelf space.
Speaker 2: You just spread the costs among your ten thousand stores,
Speaker 2: and you don't feel it right? Everybody else ain't got
Speaker 2: that luxury? Is the other countries paying for it? No,
Speaker 2: So eventually who pays for it is us? And again,
Speaker 2: now back to Trump's hope is we're gonna be like,
Speaker 2: I ain't paying for that. I'll buy this though, and
Speaker 2: then you'll body American stuff. Now here's the problem with
Speaker 2: him thinking that that's the answer. It's factories in this
Speaker 2: imaginary Trump world are still created with parts made in
Speaker 2: other countries, which you just teariff. So how we I
Speaker 2: can't even make the factory because you just made it
Speaker 2: too expensive to make the factory and also, we ain't
Speaker 2: made stuff at that scale in years.
Speaker 1: We ain't got the railways for it. We ain't got
Speaker 1: the roads for it. We ain't got the trucks for it.
Speaker 1: We not ready for that.
Speaker 2: The thing he imagined, We're not ready for it. And
Speaker 2: I don't know if you notice, everybody broke why nigga
Speaker 2: inflation because the cost of stuff is not going up
Speaker 2: with the cost of wages. Niggas ain't got houses.
Speaker 1: Like what do you like? What did you like? What
Speaker 1: healthcare costs too much? It'd be different, it'd be different.
Speaker 2: Listen, my dog is sick right now, which God damn it,
Speaker 2: I have to buy pet insurance.
Speaker 1: I hate this world anyway.
Speaker 2: That would be fine if our health insurance as a
Speaker 2: family wasn't a trillion dollar but it is. And at
Speaker 2: the end of the day, American stuff right now, if
Speaker 2: we were to start right now, it just costs more.
Speaker 2: It's just like, so the price difference really ain't gonna
Speaker 2: be and ain't gonna be that serious. It's like, it's
Speaker 2: still gonna be too expensive now. How other countries are
Speaker 2: clapping back next? So the EU was like and the
Speaker 2: rest of the world was like, oh word, reciprocal tarras. Okay,
Speaker 2: bet now if you know us, if we like, all right,
Speaker 2: bet that's a problem, like that means, oh it's finna
Speaker 2: go down now. Our biggest trade partner is the EU,
Speaker 2: because you have to remember, that's thirty five countries, right,
Speaker 2: it's not just it's not it's thirty five countries. And
Speaker 2: you know what they buy from us. They buy from us.
Speaker 2: One of our biggest exports tech cloud services. Software. We
Speaker 2: sell them Google, we sell them Oracle, we sell them Amazon.
Speaker 2: We also sell them whiskey and motorcycles. So they basically said,
Speaker 2: all right, this is what you're trying to do. Well,
Speaker 2: what if we just that's a nice that's a nice uh,
Speaker 2: that's a nice Silicon Valley tech industry that you got there.
Speaker 2: It'd be shamed if anything happened to it. They could
Speaker 2: basically be like, all right, you're finna tear for everything. Okay,
Speaker 2: how about how about we tear if your cloud service,
Speaker 2: which of course is a gamble because again they make
Speaker 2: the most most cloud services. But it's not like China
Speaker 2: don't make it. You think every you think they don't.
Speaker 2: You think were the only people with the with server farms.
Speaker 2: Right now, we might be the We might be the best,
Speaker 2: we might be the top guy.
Speaker 1: But I tell you what not if you keep playing
Speaker 1: like this.
Speaker 2: So that's one thing they said it was. And listen,
Speaker 2: these tech folks. You have to understand corporations want predictability.
Speaker 2: That's why the stock market acting crazy because remember the
Speaker 2: stock market's imaginary. This is what we think something gonna
Speaker 2: be work. When you start doing stuff that we can't predict,
Speaker 2: niggas get scared, pull they money out. I'm not playing
Speaker 2: no games. I don't want the smoke. Contranies don't want
Speaker 2: the smoke. So now these tech oligarchs who are basically
Speaker 2: making a brand new Versailles by just moving over there
Speaker 2: and holding court or they everybody moving to DC so
Speaker 2: you can be close to the president I mean the king,
Speaker 2: I mean the monarch, I mean the dictator, I mean
Speaker 2: the president. They moving over there to be close to
Speaker 2: him because you're just trying to be trying to hold court,
Speaker 2: game of thrones and shit, you got to be around
Speaker 2: the palace to get what you want. My nigga, you
Speaker 2: playing games with our money now, because if the EU
Speaker 2: start tariffing Oracle, that's gonna be a thing. EU is
Speaker 2: specifically twenty seven countries. I said thirty five because I
Speaker 2: was being I was exaggerating. But in China, China buys
Speaker 2: a lot of our soybeans because that's our thing we
Speaker 2: got that they don't and they for show like soy
Speaker 2: but guess what, they don't have to buy it.
Speaker 1: They say, okay, word, what if we tear if yo?
Speaker 1: SOI thirty four percent. Maybe.
Speaker 2: Now, if Trump's concept of like this is just a
Speaker 2: negotiation tactic, I'm just trying to get y'all to the
Speaker 2: table by acting like this. If that's the thing, that's
Speaker 2: quite a gamble. Because again, remember America, it's ten trillion
Speaker 2: dollars in debt. And what this gamble means is if
Speaker 2: it works, that's off. Because but if it don't work,
Speaker 2: it's the nineteen thirties. But at the end of the day,
Speaker 2: your Nintendo switched to ain't coming and your iPhone sixteen
Speaker 2: plus Nigga, your iPhone seventeen is about to.
Speaker 1: Be three thousand, five hundred dollars TERFs.
Speaker 2: So how much your dollar costs the entire stock market?
Speaker 1: Hood politics?
Speaker 2: All right? Now, don't you hit stop on this pod.
Speaker 2: You better listen to these credits. I need you to
Speaker 2: finish this thing so I can get the download numbers. Okay,
Speaker 2: so don't stop it yet, but listen. This was recorded
Speaker 2: in East Lost Boyle Heights by your boy Propaganda. Tap
Speaker 2: in with me at prop hip hop dot com. If
Speaker 2: you're in the Coldbrew coffee we got terraform Coldbrew. You
Speaker 2: can go there dot com and use promo code hood
Speaker 2: get twenty percent off.
Speaker 1: Get yourself some coffee.
Speaker 2: This was mixed, edited and mastered by your boy Matt
Speaker 2: Alsowski killing the Beast softly. Check out his website Matdowsowski
Speaker 2: dot com.
Speaker 1: I'm a spell it for you because.
Speaker 2: I know M A T T O S O W
Speaker 2: s ki dot com Matthowsowski dot com. He got more
Speaker 2: music and stuff like that on there, so gonna check
Speaker 2: out the heat. Politics is a member of cool Zone Media,
Speaker 2: Executive produced by Sophie Lichterman, part of the iHeartMedia podcast network.
Speaker 2: Your theme music and scoring is also by the one
Speaker 2: and nobly mattow Sowski. Still killing the beat softly, So listen,
Speaker 2: don't let nobody lie to you. If you understand urban living,
Speaker 2: you understand politics. These people is not smarter than you.
Speaker 2: We'll see y'all next week.