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Speaker 1: M hey everyone, welcome to the episode of The Market

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Speaker 1: Disruptor Show. Today we are live in action. I'm actually

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Speaker 1: on a World Win two. I'm at the fourth conference

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Speaker 1: i've been at in ten days. A lot of it's

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Speaker 1: been spent with my good friend Alex Fetski here. I've

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Speaker 1: had him on the show one time before, and he is, uh,

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Speaker 1: he's a deep thinker. He's someone that's really spent a

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Speaker 1: lot of time to think things through, um, from multiple

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Speaker 1: different angles and so um it's someone like to sit

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Speaker 1: down with and bounce ideas off of as I kind

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Speaker 1: of work through things myself. So anyway, welcome back to

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Speaker 1: the show, Alex, Thank you man, and I appreciate the

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Speaker 1: comment as usual. Yeah yeah, So, UM, we're gonna dig

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Speaker 1: into some stuff today. UM that kind of maybe carries

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Speaker 1: from our first interview that we did, and it might

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Speaker 1: be a little bit different than the information I bring

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Speaker 1: to you on a regular basis. So don't turn this

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Speaker 1: off just yet, because it's something that's super important and

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Speaker 1: what I want to talk about today is ways to

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Speaker 1: think through critical issues. Um. It's something that's very lacking

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Speaker 1: that we have today. Um, we're in this like instant

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Speaker 1: gratification where where everybody wants to read the headline and

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Speaker 1: then draw a conclusion. Right. But I get comments on

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Speaker 1: my videos. I'm taking complex subjects stealing them down in

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Speaker 1: twenty minutes, and people are like, give me the headline.

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Speaker 1: I'm like, dude, you can't understand the deep subject, right,

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Speaker 1: and so, UM, a couple of things that I'm thinking

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Speaker 1: through and you can help me with this is just like, um,

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Speaker 1: maybe like some sort of a structure or a sequence

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Speaker 1: that could help people see through headlines and get to

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Speaker 1: a priori truths as you call them, right or as

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Speaker 1: they're called or first principles. And so here's something that

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Speaker 1: I'm kind of having conversations with a lot about. And

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Speaker 1: there's so much distortion in the markets today, UM that

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Speaker 1: a lot of times we get stuck making arguments at

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Speaker 1: levels that we shouldn't be discussing things. UM. An example

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Speaker 1: of this would be, UM, the news breaking out right

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Speaker 1: now is Black Rock is buying all the homes up

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Speaker 1: and they're stealing the American dream from young couples and

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Speaker 1: forcing them into serfdom. Now they have to rent. They're

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Speaker 1: buying them for thirty five over market value because they've

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Speaker 1: been given free money from the FED. I had nine

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Speaker 1: comments on my video saying this is wrong, this is horrible,

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Speaker 1: should be illegal, and I agree, but I don't believe

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Speaker 1: there should be a law, Like why don't we just

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Speaker 1: take away the money printer that gives them the money

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Speaker 1: in the first place. So there's lots of arguments that

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Speaker 1: we can make on these We can talk about masks.

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Speaker 1: Is that the right argument to makes? Tell me what

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Speaker 1: do you think about that? Well, like you said, it's

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Speaker 1: it's an argument on the wrong level. So the most

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Speaker 1: important thing with all of this stuff is trying to

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Speaker 1: find a consistent thread because like, if you keep flip

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Speaker 1: flopping on morals and principles, it's like I'm for freedom

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Speaker 1: of speech, um, and I'm for private property. But like

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Speaker 1: that crazy lady that jumped up on stage when Jack

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Speaker 1: was speaking speaking, so like I didn't see that, but like,

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Speaker 1: you know, someone told me the background story with her,

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Speaker 1: and she's like, you know, chained herself like to the

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Speaker 1: Twitter headquarters in whatever. There's some jobs out there. But

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Speaker 1: the thing is that it's symptomatic thinking versus causal thinking, right,

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Speaker 1: so so so that they're trying to deal with the

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Speaker 1: symptom and they're saying that's the problem, whereas there's a

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Speaker 1: cause back upstream that no one's talking about and no

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Speaker 1: one's trying to deal with. And this is where sort

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Speaker 1: of bitcoin is differentiate from a lot of other people,

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Speaker 1: is that, you know, we've spent time thinking about how

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Speaker 1: to remain consistent. In the process of trying to remain

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Speaker 1: consistent with our arguments, we've realized that upstream, a lot

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Speaker 1: of the problems happen here, and then you get these symptomatic,

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Speaker 1: weird after effects that occur in society, like the black

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Speaker 1: rocks buying things like you know, tech oligopolies like the

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Speaker 1: only reason. So I've got to finish this article at

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Speaker 1: some stage, but I'm writing the Rise of the technolgragy

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Speaker 1: Dic Leviathan, and the point of that article is about

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Speaker 1: how the fact that a monopoly on money existed, like

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Speaker 1: the fact that a state exists, actually that institution or

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Speaker 1: that organization gave rise to the technocratical Leviathans that are

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Speaker 1: taking over now Google's, the Facebook, etcetera. And why they

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Speaker 1: Capitalism sort of is like this this energy that you know,

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Speaker 1: all free markets kind of permeate all existence, like we

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Speaker 1: assume beings. All we do is we know, we take

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Speaker 1: out time and energy, we take natural resources, and we

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Speaker 1: actually do something with these things. So so we're always

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Speaker 1: producing something. So you can't actually rip that out of society.

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Speaker 1: But you know, in some societies where that is um

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Speaker 1: you know, more functional, you get more progress, etcetera. But

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Speaker 1: innovation always occurs. Capitalism is always occurring. Now when you

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Speaker 1: couple that with a system where you can you know,

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Speaker 1: you can shift the what what can we call it

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Speaker 1: the resource allocation uh in favor of one group to

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Speaker 1: another by decree, not through competitive Hey guys, let me

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Speaker 1: just interrupt this interview real quick, just to plug the

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Speaker 1: show sponsor, and that is Block five. Now. Block five

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Speaker 1: is doing amazing things in the bitcoin finance space. As

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Speaker 1: a matter of fact, they've cracked some really big news

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Speaker 1: by bringing on the x c f TC UM chair

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Speaker 1: Chris gian Carlo Um. And they are one of the

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Speaker 1: most transparent, most heavily regulated UM companies inside the United States,

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Speaker 1: which gives me a lot of trust into what their

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Speaker 1: services are. Now, I've recently did a video talking about

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Speaker 1: how to retire off bitcoin, and you can do that

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Speaker 1: by leveraging debt and interest against bitcoin. And Block five

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Speaker 1: is the number one company in the United States or

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Speaker 1: maybe in the world to go to and use UM.

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Speaker 1: They are leading the charges there, paying interest on your

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Speaker 1: bitcoin if you park it with them, or you can

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Speaker 1: borrow against it. Now, as I broke down in that video,

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Speaker 1: you can borrow against your bitcoin, and when you take

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Speaker 1: debt against it, it's not taxable. It's not a taxable event.

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Speaker 1: You can use that debt for anything that you want,

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Speaker 1: including to live off of, to leverage up and buy more,

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Speaker 1: or roll it into another asset. UM you can do

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Speaker 1: something like I've done recently, like sell some real estate

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Speaker 1: put that money into bitcoin. Now as that bitcoin price

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Speaker 1: has risen, I'm able to borrow against it and go

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Speaker 1: back and buy the same real estate or something similar,

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Speaker 1: and I still own the bitcoin, and I also own

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Speaker 1: the new asset as well. Lots of ways you can

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Speaker 1: do this. UM and block five is the company that

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Speaker 1: I recommend. Down in the description, I have a link

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Speaker 1: that you can click on. If you choose to use

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Speaker 1: that link, you can earn up the two fifty dollars

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Speaker 1: in bitcoin just for using that link. So check out

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Speaker 1: block by now. UM not through competition. You get a

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Speaker 1: situation where as you're doing it You'll still going to

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Speaker 1: want to bet on the most competitive that's that's out there,

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Speaker 1: the most innovative, but you create a flywheel effect where

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Speaker 1: the couple that are ahead, you're going to give them,

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Speaker 1: you know, nitrous ox side, whereas everybody else is not

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Speaker 1: going to have it. So you'll end up creating an

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Speaker 1: oligopoly around the States. So that's why you know you've

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Speaker 1: got your companies like you de pontr fires Is, your Googles,

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Speaker 1: your Microsoft, and all of this, because they are the

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Speaker 1: beneficiaries of cheap money printing. They are the beneficiaries of

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Speaker 1: all of our four oh one case, they are the

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Speaker 1: beneficiaries of all of the excessive money that gets dumped

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Speaker 1: on Wall Street and everything. So they end up with

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Speaker 1: all the money, all the resources, and they can do

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Speaker 1: stuff that no smaller competitor can do because they've got

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Speaker 1: all of this extra money that they shouldn't have had

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Speaker 1: in the first place. But again it's it's an upstream problem.

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Speaker 1: Likewise with black Rock and trying to solve the trying

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Speaker 1: to fix the symptom, all it's going to do is

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Speaker 1: create another set of problems. Is the Cobra effect that

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Speaker 1: which we spoke about last time. So so we have

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Speaker 1: to like and this is where the stoicism of a

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Speaker 1: big poin of really comes in into place. Like as

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Speaker 1: much as we might be angry about all of these things,

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Speaker 1: I mean, look, I'm a example, I got sense It

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Speaker 1: on like I got perma Band off Twitter for nothing,

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Speaker 1: like for calling someone a skank, you know, like wow,

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Speaker 1: but perma band for something, you know, I spent three

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Speaker 1: or four years to build up you know, like a

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Speaker 1: like it was a really good profile. Now it's right

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Speaker 1: to do that. I'm not angry about that. I'm you know,

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Speaker 1: maybe piste off about like the vote police element of it,

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Speaker 1: but you know whatever, it's their right to do so.

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Speaker 1: But that's not where the problem is. The problem is upstream.

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Speaker 1: So I'm wondering if you have some sort of a

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Speaker 1: thought process that helps you get down to that level.

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Speaker 1: So for example, using the block rock thing as an example, so, um,

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Speaker 1: they're buying up homes over, they're putting in single family

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Speaker 1: people into serfdom. Now they have to rent. People are

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Speaker 1: mad and people tell me that we should pass laws

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Speaker 1: to make that illegal. And that's like that seems like

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Speaker 1: a knee jerk reaction. As you said, treating the symptom.

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Speaker 1: So do you have some sort of a framework that

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Speaker 1: maybe like do you just ask why a bunch of times?

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Speaker 1: Or like, um, how does the average person that doesn't

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Speaker 1: really understand let's get to that level? I mean, is

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Speaker 1: there any way to do that? It's I guess this

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Speaker 1: is where the first principles that we spoke about last

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Speaker 1: time really matter, right, So it's like, you know, what

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Speaker 1: what matters to you and let's maybe let's maybe listening. So, like,

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Speaker 1: you know, do you believe in private property like that

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Speaker 1: which is yours? You should have the right to do

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Speaker 1: what you want with um and you know the limitation

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Speaker 1: or the boundary of that is not to encroach upon,

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Speaker 1: you know, what somebody can do with their own private property.

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Speaker 1: So you know, so that that's something you know, I

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Speaker 1: think we can all largely agree with, unless you're two

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Speaker 1: year older socialist as a safe could say. You know,

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Speaker 1: another thing would be you know, the freedom or speech

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Speaker 1: like that, the right to think and say that what

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Speaker 1: you believe. So we agree with that. So it's about

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Speaker 1: kind of finding like, you know, what what else do

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Speaker 1: you think could be? Um? You know, I think I

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Speaker 1: think I think that's good. Right, So if you think

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Speaker 1: about it where you have like these I guess you

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Speaker 1: have to have this this understanding of based truth. So

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Speaker 1: private property for example, right, so if I believe in

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Speaker 1: private property, Um, but then you're using private property for

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Speaker 1: something I have horror. I hate. Well, I don't think

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Speaker 1: it should be right for you to do that, But

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Speaker 1: I don't want a lot to be passed to make

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Speaker 1: it illegal for you to do that, because it's your

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Speaker 1: private property and you should have the right to do

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Speaker 1: as you see fit. And so I guess it's like this, Uh,

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Speaker 1: you're holding these contrasting thoughts in your mind, and maybe

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Speaker 1: that's where people have that breakdown. And maybe maybe because

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Speaker 1: they don't understand that based truth enough that yes. But

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Speaker 1: but then like you know, just to counter that, playing

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Speaker 1: devil's advocate is like on the flip side, you know,

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Speaker 1: if someone on that side of defense might argue, well,

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Speaker 1: we do live in this world of the feat world.

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Speaker 1: These guys get an unfair advantage. We're paying for it

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Speaker 1: by becoming the surface. How else should we fight for this?

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Speaker 1: Should we use the tools of the state to fight

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Speaker 1: against the state? You know? So it's like so, so

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Speaker 1: there's there's like a question of integrity there's a question

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Speaker 1: of there's a question of efficacy, there's a question of

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Speaker 1: what works what doesn't work, Like it's and another example

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Speaker 1: of this again would be um Twitter banning you. Well,

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Speaker 1: they're a private company, they sud have the right for

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Speaker 1: refuse service, right and so like, as a business owner,

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Speaker 1: I want to retain the right to refuse service to

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Speaker 1: whoever I wish, or hire fire whoever I wish. Um,

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Speaker 1: but then I'm not happy they're banning people, censoring people.

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Speaker 1: And I guess maybe the lines have gotten so muddy

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Speaker 1: between the states. Like so this this money system has

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Speaker 1: distorted so many things where there's really no way to

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Speaker 1: have that discussion or come out with any comparable answer.

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Speaker 1: There isn't And and this is why I always come

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Speaker 1: back full circle to the only way we solve any

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Speaker 1: of this stuff is by first bankrupting state. Like, unless

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Speaker 1: we do that, all we're doing is we're in like

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Speaker 1: we're in the heat of battle here, Like we're not

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Speaker 1: doing anything. It's old tactical bullshit, Like the only strategy

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Speaker 1: that works is bankrupt the state. You turn the tap

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Speaker 1: off up here, Like if you want to beat an

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Speaker 1: enemy at a wall, you don't go and fight the

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Speaker 1: enemy consistently. You go blow up their food, you go

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Speaker 1: blow up their water supply. They fucked, they finished, you know,

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Speaker 1: like this is like age old strategy, like and that's

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Speaker 1: what works. And now you stopped feeding the beast. Stop

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Speaker 1: feeding the beast. Like we're literally paying out j List

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Speaker 1: And I think I said that to you a someone

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Speaker 1: whatever it was, but like we're keeping them in business,

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Speaker 1: and then we're wondering why they run such a bad business. Yeah,

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Speaker 1: And then it almost like pits us against each other

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Speaker 1: because now we're arguing over issues that really you're damned

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Speaker 1: if you do damned if you don't. Write, Like either

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Speaker 1: side of the issue is not a good outcome, of course,

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Speaker 1: and so now you and I are at each other

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Speaker 1: talking about that and now maybe we're fighting about it

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Speaker 1: when really neither answer is good because the problem doesn't

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Speaker 1: get solved or get solved a different level exactly exactly.

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Speaker 1: And this is what like all that energy, all that stuff,

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Speaker 1: like I mean, you know, I love what geoge is

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Speaker 1: doing here at the event and everything, but most of

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Speaker 1: the people he is speaking at the event, and I say,

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Speaker 1: there's a little due respect, but that sitting here talking

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Speaker 1: about like suing the Federal Reserve. It's not gonna do

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Speaker 1: anything like, don't sue the Federal Reserve. Get your money

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Speaker 1: out of this system, you know, take your wealth, take

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Speaker 1: your capacity, and move it out. Like, let's talk about that.

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Speaker 1: That's a good point to bring up. So UM, So specifically,

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Speaker 1: let's talk about one of these issues. For example, so UM,

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Speaker 1: the problem with black rock is pricing people out of homes.

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Speaker 1: That's kind of an urgent problem, like we need to

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Speaker 1: like this needs to be fixed right now because people

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Speaker 1: need to go buy homes to live in. Um. Owning

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Speaker 1: in private property is one of the base things of

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Speaker 1: building an economy. That's important. People should have a home.

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Speaker 1: And maybe that's a whole another conversation. But really the

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Speaker 1: problem isn't the law of the problem is the FED

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Speaker 1: giving them the money. Right, So in that scenario, let's

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Speaker 1: not let's not make laws, let's go change the Fed.

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Speaker 1: But here's the problem. Going to change the Fed takes

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Speaker 1: a really long time. It could be a decade if

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Speaker 1: we're lucky before, I don't know, a couple of years whatever.

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Speaker 1: If we're lucky before we stop that versus we might

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Speaker 1: be able to get a law past in six months.

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Speaker 1: So like is it like this multi prong like should

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Speaker 1: we wait a decade long term perspective too, to solve

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Speaker 1: the problem at its root? Or do we deal with

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Speaker 1: it on a more media basis? Okay, so to find

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Speaker 1: emergency basis? Okay, what do you mean by solving the

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Speaker 1: problem with the FED, Like, do you mean like going

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Speaker 1: through day channels to try and solve taking away the money?

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Speaker 1: proNT taking away the money print? Yeah? Stop being the beast?

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Speaker 1: Yeah so so Yeah, the reality of taking the food

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Speaker 1: from the beast is is real, and I believe we'll

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Speaker 1: do it, but I believe it's gonna be over a

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Speaker 1: long period of time. But we have an immediate need

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Speaker 1: right now that a law might be able to fix.

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Speaker 1: We might be able to keep the illusion of fixing. Perhaps. Well,

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Speaker 1: it fixes the symptom, it treats the symptom. I had heartburn.

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Speaker 1: I took an ant acid. It's probably gonna caused more

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Speaker 1: problems in my body later, but at least it took

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Speaker 1: away the heartburn today. Yeah. Well, this is one of

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Speaker 1: those things. It's like, at what point do you draw

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Speaker 1: the line? Right? I mean, I don't I don't know,

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Speaker 1: I really, I mean, let's let's let's talk through the

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Speaker 1: worst case scenary. Let's say we don't do anything, black

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Speaker 1: Crow keeps buying houses at overmarket price. What happens then?

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Speaker 1: What's the next logan? And they own all the single

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Speaker 1: family homes and nobody in America can own a home

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Speaker 1: and everybody is a surf on the land renting, okay,

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Speaker 1: and then, um, so what happens when the rent can't

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Speaker 1: be afforded by black Rock by the people who are

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Speaker 1: this surfs? Um, well, then the state will probably subsidize

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Speaker 1: that and black Rock will still make its money maybe

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Speaker 1: I guess. So people will still get housing that's affordable,

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Speaker 1: they just won't own it. M hmm. But as an

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Speaker 1: owning private property a key piece of an economy. Yeah.

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Speaker 1: But in the world today, I didn't think like whether

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Speaker 1: it's black Rock. I mean Australia's PROBA got a bigger

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Speaker 1: problem in the U S. And that's that's let's let's

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Speaker 1: jump to another one. And I want to be careful

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Speaker 1: because it's going to go on YouTube. But we have

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Speaker 1: a medical condition going around the world today that may

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Speaker 1: or may not be in agreement by a lot of people.

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Speaker 1: Will say um, And we have employers today that are

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Speaker 1: taking actions against people based off of unsound evidence, um right,

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Speaker 1: And so I would like them not to do that.

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Speaker 1: So we could pass a law that as business owners

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Speaker 1: aren't allowed to take those actions. But then we're taking

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Speaker 1: away the rights of business owners to make those actions.

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Speaker 1: Or at some point the money print you will dry

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Speaker 1: that up and create cause this medical problem to go away.

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Speaker 1: But that could be a long time, and now everyone's

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Speaker 1: lost their jobs. Look, I spoke about this one, you know,

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Speaker 1: when all the discrimination laws were getting put up. It's like,

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Speaker 1: you know, what do we do, Like we should stop

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Speaker 1: businesses from me able to discriminate against someone. I actually

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Speaker 1: think discrimination is healthy, Like I want to discriminate between people.

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Speaker 1: I think my friends. I want to discriminate. We do

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Speaker 1: everything like that's what I choose. I want to drink,

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Speaker 1: and everything we do is discrimination exactly so so so

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Speaker 1: that's like discernment is part of you know, human action.

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Speaker 1: That that's what we must do. Selecting choosing that is

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Speaker 1: that is discrimination. So as much as the evidence in

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Speaker 1: all of the garbage that's associated with all this stuff

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Speaker 1: is like unsound, we as as human beings must be

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Speaker 1: able to discriminate, and a business must be able to

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Speaker 1: choose who it wants to hire, and now it doesn't

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Speaker 1: want to hire. UM. My point that I made, like

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Speaker 1: I use racism as an example in this whole video

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Speaker 1: that I did, and what I said was, let's say

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Speaker 1: you're a white redneck employer and you are hiring someone

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Speaker 1: for a particular role. Hey, sorry to interrupt this video

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Speaker 1: just one more time. I'm not running Google ads. So

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Speaker 1: it's actually way less interruption than I normally would have

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Speaker 1: on a video. UM. And that's because it's sponsored by

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Speaker 1: block five. UM. They are opening up the world of

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Speaker 1: bitcoin and financial products offering to pay you interest on

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Speaker 1: your bitcoin. Um better than own in a rental property

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Speaker 1: that you have to manage and control and have the risks.

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Speaker 1: You can just earn interest on it, or you can

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Speaker 1: leverage against it. Now, I plan to hold my bitcoin

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Speaker 1: forever and literally never sell my bitcoin. So how do

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Speaker 1: you do that? Well, if I need money, I don't

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Speaker 1: want to sell that bitcoin. I'm gonna pay tax on it,

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Speaker 1: all right, I'm gonna end up with less and I

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Speaker 1: don't have the bitcoin anymore. So a better way to

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Speaker 1: do it is to borrow against the bitcoin. So I've

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Speaker 1: put all my money into bitcoin. If I want to

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Speaker 1: buy a car or I want to buy a house,

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Speaker 1: I can borrow against it at very very low competitive rates.

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Speaker 1: Get my house, get my car, whatever that may be,

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Speaker 1: and get to keep the bitcoin. I've done a whole

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Speaker 1: video on this. You can find it. I'll link it

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Speaker 1: down to the description below how to retire off a

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Speaker 1: bitcoin without paying taxes and you can do that with

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Speaker 1: Block five services. A link to the video down below.

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Speaker 1: I'm also going to put a link to Block five.

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Speaker 1: If you choose to click on that link to check

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Speaker 1: them out. You can run up to two fifty in

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Speaker 1: free bitcoin just for using that link. And that's it.

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Speaker 1: Let's go ahead and get back to the interview someone

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Speaker 1: who doesn't like them. Why would you even want to

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Speaker 1: be there? Like the fact that you know someone is

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Speaker 1: forced to like you and forced to hire you based

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Speaker 1: on something that they didn't like about, it's actually pathetic.

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Speaker 1: So so tying that same pace to this is, you know,

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Speaker 1: let businesses not hire the people who don't want to

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Speaker 1: be vaxed or whatever, and they can go work somewhere else.

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Speaker 1: And that means the people were probably a brain and

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Speaker 1: a higher intelligence questions are going to go set up

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Speaker 1: their own things. Do their own things like yeah, I

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Speaker 1: guess the problem with that is um again, and the

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Speaker 1: markets are so distorted that then well then the government's

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Speaker 1: going to pressure all the other companies so they can't

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Speaker 1: hire people. Um yeah, Like these are these are arguments

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Speaker 1: that can't be one because there's no good outcome either way,

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Speaker 1: and ultimately it's the system that has to be rebuilt.

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Speaker 1: I guess, um. I think it's just hard for most

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Speaker 1: people to kind of see down to that level. It

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Speaker 1: is and and the question is do we want to

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Speaker 1: remain consistent whilst right winning and I actually are on

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Speaker 1: the side of let's be consistent. Let that Black Rock

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Speaker 1: buy what they want to buy, Let employers fire who

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Speaker 1: they want to fire, you know whatever, Like let's just

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Speaker 1: let that play out, because it it's not a pretty

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Speaker 1: ending either way, and it's about time we stopped creating

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Speaker 1: more after effects anyway. We don't need any of that,

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Speaker 1: like irrespective, Like the thing is, they're going to fire

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Speaker 1: all their good people, they're going to keep all their

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Speaker 1: ship people whatever, They'll fire some good people, like, they'll

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Speaker 1: they'll keep some good people like whatever. The case is, right,

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Speaker 1: it's it's going to be messy, but let's just not

404
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Speaker 1: touch any more things like the more we just back

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Speaker 1: off stay consistent, and the more we put our energy

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Speaker 1: into literally figuring out ways to opt out and figuring

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Speaker 1: out ways to to you know, build communities and figuring

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Speaker 1: out ways to become more resilient and self sufficient in

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Speaker 1: groups that are aligned, that's where the energy needs to go.

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Speaker 1: Like it's almost to play a game of tennis, like

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Speaker 1: you need two people, let's just walk off the court, right,

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Speaker 1: I think that you just had like resilience, right, And

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Speaker 1: so you talk about like working at a job where

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Speaker 1: people hate you or don't want you there. Um, that's

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Speaker 1: part of the problem that it's become so hard to survive. UM.

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Speaker 1: Our money, our currency as has been used as like

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Speaker 1: a savings technology, and it's very poor at that, right,

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Speaker 1: So it's losing targeted to lose two value per year,

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Speaker 1: and that with the incentives to always spend, has forced

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Speaker 1: people to a point where there's no savings. And the

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Speaker 1: problem without having savings if you don't be So if

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Speaker 1: I had six months or a year of living expenses

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Speaker 1: saved up and my employer did something I don't agree with,

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Speaker 1: I have the ability to walk off that job because

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Speaker 1: I have the money for six months or a year

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Speaker 1: to go find other options. But when I'm living paycheck

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Speaker 1: to paycheck, I'm I'm a servant and they can abuse

428
00:22:01,880 --> 00:22:04,679
Speaker 1: me as they see fit. And again that's back to

429
00:22:04,800 --> 00:22:09,719
Speaker 1: another symptom. That's not right, but it's not caused at

430
00:22:09,760 --> 00:22:11,959
Speaker 1: the symptom level. It's caused because the money is not

431
00:22:12,040 --> 00:22:14,880
Speaker 1: good for savings level, and it gets harder and harder

432
00:22:14,920 --> 00:22:20,119
Speaker 1: to survive at the same time. Yeah, it's look this, this,

433
00:22:20,119 --> 00:22:23,879
Speaker 1: this is the tragedy of the commons in action, like

434
00:22:23,920 --> 00:22:26,560
Speaker 1: this is the tragedy of well, the tragedy of the

435
00:22:26,560 --> 00:22:29,879
Speaker 1: commons is when everybody shares everything, so everybody over abuses everything.

436
00:22:30,000 --> 00:22:33,119
Speaker 1: So how does that fit into this? I mean, I'm

437
00:22:33,160 --> 00:22:35,080
Speaker 1: I'm saying it on a on a more metal level

438
00:22:35,119 --> 00:22:36,600
Speaker 1: in the sense that you know, we we are in

439
00:22:36,640 --> 00:22:39,840
Speaker 1: a world of collectivism, and we've tried to make everything

440
00:22:39,880 --> 00:22:43,119
Speaker 1: public in a common and we've literally eaten each other alive,

441
00:22:43,160 --> 00:22:47,080
Speaker 1: and everything is so mixed that there is it's hard

442
00:22:47,119 --> 00:22:50,600
Speaker 1: to disseminate between what's private property, what's you know, freedom

443
00:22:50,640 --> 00:22:53,639
Speaker 1: of speech, what's the right to refuse, what's the right

444
00:22:53,680 --> 00:22:59,080
Speaker 1: to discriminate? Like it's all just so messy, and we

445
00:22:59,400 --> 00:23:03,600
Speaker 1: will spend decades trying to pull it apart and try

446
00:23:03,600 --> 00:23:05,480
Speaker 1: and figure out what we should do, what we shouldn't do.

447
00:23:05,560 --> 00:23:10,000
Speaker 1: And and this is this is the cancer of progressive law,

448
00:23:10,400 --> 00:23:12,920
Speaker 1: is that you know, you create one thing, you solve

449
00:23:13,000 --> 00:23:14,879
Speaker 1: one problem, you create ten more. Then you have to

450
00:23:14,880 --> 00:23:17,199
Speaker 1: solve ten problems, you create a hundred. And this is

451
00:23:17,200 --> 00:23:19,040
Speaker 1: where we are, like we're literally at the end of

452
00:23:19,040 --> 00:23:22,159
Speaker 1: this path or somewhere near the end of it, where

453
00:23:22,520 --> 00:23:25,760
Speaker 1: the thing is so complex. Now almost anything we do

454
00:23:25,880 --> 00:23:28,760
Speaker 1: is going to break something else. I talked about it

455
00:23:28,840 --> 00:23:31,720
Speaker 1: like a giant oak tree with ten thousand livres, and

456
00:23:31,800 --> 00:23:33,400
Speaker 1: we could pull one leave at a time, and that's

457
00:23:33,400 --> 00:23:35,240
Speaker 1: a problem. And we can talk about every little problem

458
00:23:35,240 --> 00:23:37,600
Speaker 1: on that oak tree. But at the bottom, at the base,

459
00:23:37,760 --> 00:23:42,040
Speaker 1: at the root, there's the money, the money printer. And

460
00:23:42,080 --> 00:23:44,760
Speaker 1: so it's like this ball of yarn you pull one pulls,

461
00:23:44,800 --> 00:23:46,879
Speaker 1: but at the end of that yard, it's like at

462
00:23:46,920 --> 00:23:49,320
Speaker 1: the bottom it's the money printer. Yeah. I mean, another

463
00:23:49,359 --> 00:23:51,800
Speaker 1: analogy could be where you know, we're a patient on

464
00:23:51,840 --> 00:23:54,359
Speaker 1: life support. Now that's like being supported by a hundred

465
00:23:54,400 --> 00:23:57,280
Speaker 1: different drugs, and like each of the drugs also interact

466
00:23:57,359 --> 00:23:59,199
Speaker 1: with each other and it's like, you know, now and

467
00:23:59,240 --> 00:24:00,680
Speaker 1: you've got a new problem. Women, you got to add

468
00:24:00,680 --> 00:24:03,240
Speaker 1: another drug in, but that's gonna like wreck everything else.

469
00:24:03,240 --> 00:24:05,560
Speaker 1: Like we're literally the the economy of the world is

470
00:24:05,680 --> 00:24:10,560
Speaker 1: a patient on its last legs. And in some ways

471
00:24:10,600 --> 00:24:13,320
Speaker 1: it's you know, maybe we just this is why I

472
00:24:13,359 --> 00:24:16,000
Speaker 1: like sort of on Rand really battled with this in

473
00:24:16,119 --> 00:24:18,120
Speaker 1: Atlas Shrug. You know, for a whole book. She's got

474
00:24:18,160 --> 00:24:21,400
Speaker 1: you know, Dagny on one side, who's like the protagonist

475
00:24:21,480 --> 00:24:24,479
Speaker 1: who she wants to stay and fight because she believes

476
00:24:24,560 --> 00:24:27,159
Speaker 1: that the looters should not take over the world, and

477
00:24:27,280 --> 00:24:30,080
Speaker 1: John Gold and the rest of them are like you

478
00:24:30,240 --> 00:24:32,200
Speaker 1: staying and fighting. You think you're doing the right thing,

479
00:24:32,280 --> 00:24:35,240
Speaker 1: but all you're doing is keeping their thing alive. Um,

480
00:24:35,359 --> 00:24:38,120
Speaker 1: you keep it going. And yeah, I like, I mean

481
00:24:38,400 --> 00:24:40,600
Speaker 1: I think of things in like a two prong approach though,

482
00:24:40,680 --> 00:24:42,880
Speaker 1: right where it's like we can fight and resist at

483
00:24:42,880 --> 00:24:46,560
Speaker 1: the same time. So you know, earlier we heard from

484
00:24:46,560 --> 00:24:49,879
Speaker 1: a constitutional attorney talking about doing things through the legal system,

485
00:24:49,920 --> 00:24:52,720
Speaker 1: and the legal system, the political system, the education system,

486
00:24:52,760 --> 00:24:55,000
Speaker 1: the media system. They all seem captured and control, like

487
00:24:55,040 --> 00:24:58,040
Speaker 1: there's really not much we can do there, um, but

488
00:24:58,119 --> 00:25:05,119
Speaker 1: we can win battles of perception and um um. It

489
00:25:05,200 --> 00:25:07,000
Speaker 1: seems that there are some things that we can do

490
00:25:07,000 --> 00:25:08,520
Speaker 1: and it's probably gonna have a little effect, but we

491
00:25:08,560 --> 00:25:10,639
Speaker 1: can fight and we can resist. So that's the opt

492
00:25:10,640 --> 00:25:12,320
Speaker 1: in out right. We can take our money out of

493
00:25:12,320 --> 00:25:15,400
Speaker 1: the system, stop feeding the beast. Um, we can find

494
00:25:15,440 --> 00:25:17,560
Speaker 1: a way to self sustain ourselves so that way we

495
00:25:17,560 --> 00:25:20,919
Speaker 1: can be resilient or resistant to that. So, I don't know,

496
00:25:20,960 --> 00:25:22,200
Speaker 1: I think there's I think there could be a two

497
00:25:22,200 --> 00:25:26,280
Speaker 1: prong approach, but at a multi program pitch. Yeah, So

498
00:25:26,359 --> 00:25:28,960
Speaker 1: like the way I try, and I was having this

499
00:25:29,040 --> 00:25:31,760
Speaker 1: exact conversation with someone, uh the other week or the

500
00:25:31,760 --> 00:25:34,280
Speaker 1: other month or whatever. I said, Bitcoin is the is

501
00:25:34,320 --> 00:25:38,119
Speaker 1: the one percent that you do that has does of

502
00:25:38,119 --> 00:25:41,760
Speaker 1: the damage. That's that's your warhead, right, But there's still

503
00:25:41,800 --> 00:25:44,359
Speaker 1: other things that you need to do, and that's where

504
00:25:44,480 --> 00:25:47,000
Speaker 1: you know, the sovereignty. That's where I mean, what you're

505
00:25:47,040 --> 00:25:48,879
Speaker 1: doing with your channel, what I was doing, you know

506
00:25:48,960 --> 00:25:50,720
Speaker 1: with my Twitter, and but you know what I do

507
00:25:50,800 --> 00:25:53,080
Speaker 1: with my writing and all the other stuff. We are

508
00:25:53,119 --> 00:25:55,400
Speaker 1: still having an impact, you know, and we're still having

509
00:25:55,440 --> 00:25:58,000
Speaker 1: a positive impact on we changing perception, we're educating people.

510
00:25:58,040 --> 00:26:00,480
Speaker 1: Were you know, slapping some sentence to some other, etcetera.

511
00:26:00,520 --> 00:26:03,800
Speaker 1: So that needs to continue. And like I I by

512
00:26:04,080 --> 00:26:10,320
Speaker 1: no means us discount or maybe discredit is probably more.

513
00:26:10,320 --> 00:26:12,119
Speaker 1: I probably do discount it a little bit, but I

514
00:26:12,119 --> 00:26:14,040
Speaker 1: don't discredit that. Like I'm happy for people to go

515
00:26:14,119 --> 00:26:17,040
Speaker 1: and fight that fight because it needs to happen. Where

516
00:26:17,119 --> 00:26:19,760
Speaker 1: I sort of get annoyed is when people do that,

517
00:26:20,280 --> 00:26:22,840
Speaker 1: but at the same time, simultaneous they say, oh, yeah,

518
00:26:22,840 --> 00:26:25,560
Speaker 1: but bitcoin is not gonna do anything like that's just

519
00:26:25,800 --> 00:26:28,840
Speaker 1: complete madness, because that is that's that's the fun, that's

520
00:26:28,840 --> 00:26:31,919
Speaker 1: the nuclear warhead, that's the big thing. So if we

521
00:26:32,080 --> 00:26:35,800
Speaker 1: look if we look at history throughout revolution cycles, which

522
00:26:35,840 --> 00:26:40,760
Speaker 1: I talked about earlier today over over I mean basically

523
00:26:40,800 --> 00:26:44,600
Speaker 1: all of humanity, it's the cycle of oppression revolution, oppression revolution.

524
00:26:44,960 --> 00:26:47,120
Speaker 1: But it's pretty easy to see right now for anybody,

525
00:26:47,160 --> 00:26:52,760
Speaker 1: we're moving into this the suppression stage, right, so peak centralization,

526
00:26:52,840 --> 00:26:56,040
Speaker 1: but not just that, Like the way technology is being developed,

527
00:26:56,040 --> 00:26:58,960
Speaker 1: it almost looks like the perfect prison could be there.

528
00:26:59,560 --> 00:27:02,080
Speaker 1: And I think it's pretty evident to anybody paying attention

529
00:27:02,119 --> 00:27:05,960
Speaker 1: that they see that. Um So what I mean, what

530
00:27:06,040 --> 00:27:10,960
Speaker 1: other options do we have to break that trend? Yeah, um,

531
00:27:11,000 --> 00:27:12,520
Speaker 1: I guess we have to look at what gives them

532
00:27:12,520 --> 00:27:15,280
Speaker 1: the power to build that oppression. It comes back to

533
00:27:15,359 --> 00:27:19,160
Speaker 1: the same thing, right, So look, you know, here's something

534
00:27:19,160 --> 00:27:20,879
Speaker 1: to think about that. I've been doing some thinking on

535
00:27:20,920 --> 00:27:23,920
Speaker 1: this lately. Everyone talks about let's build a decentralized Twitter,

536
00:27:24,000 --> 00:27:26,240
Speaker 1: let's build a decentralize this, to decentralize that, and all

537
00:27:26,280 --> 00:27:30,840
Speaker 1: this stuff. And my argument is that trying to build

538
00:27:31,000 --> 00:27:36,800
Speaker 1: for decentralization is actually a fool's Errand the only thing

539
00:27:36,880 --> 00:27:40,600
Speaker 1: that creates natural decentralization in the world and in nature

540
00:27:41,080 --> 00:27:44,680
Speaker 1: is competition. And what is happening in the world today

541
00:27:44,720 --> 00:27:48,400
Speaker 1: with globalism and with you collectivism, is that it actually

542
00:27:48,960 --> 00:27:54,760
Speaker 1: eliminates competition. Now bitcoin reintroduces competition. So in a bitcoin

543
00:27:54,840 --> 00:27:58,280
Speaker 1: world where you cannot socialize losses and privatized gains, in

544
00:27:58,320 --> 00:28:02,399
Speaker 1: a bitcoin world where anyone at the bottom can earn

545
00:28:02,480 --> 00:28:04,520
Speaker 1: the same type of money that you know, anyone at

546
00:28:04,520 --> 00:28:06,480
Speaker 1: the top zoning, so you've got the capacity to climb

547
00:28:06,520 --> 00:28:09,119
Speaker 1: up society and they've got the capacity to fall. In

548
00:28:09,160 --> 00:28:11,119
Speaker 1: that kind of world, what you end up having is

549
00:28:11,200 --> 00:28:15,320
Speaker 1: you end up getting far more fierce competition, and you

550
00:28:15,359 --> 00:28:19,240
Speaker 1: end up getting you won't get like competition where everyone's even,

551
00:28:19,600 --> 00:28:23,159
Speaker 1: you get the kind of spread. But that's a perfectly organic,

552
00:28:23,240 --> 00:28:26,640
Speaker 1: natural spread. Right. What we have today is a ninety

553
00:28:26,720 --> 00:28:29,399
Speaker 1: nine point nine to zero points zero one, and the

554
00:28:29,480 --> 00:28:32,280
Speaker 1: ninety nine pot nine are all sort of lowering down

555
00:28:32,320 --> 00:28:35,199
Speaker 1: to be completely even um, and the zero point zer

556
00:28:35,320 --> 00:28:38,080
Speaker 1: one is this sort of elevated piece. Yeah, everyone thinks

557
00:28:38,080 --> 00:28:42,080
Speaker 1: that socialism is is fairness, but if you look at

558
00:28:42,120 --> 00:28:45,280
Speaker 1: any socialism or fascist or any of those, um, the

559
00:28:45,360 --> 00:28:49,080
Speaker 1: majority of people are even lee poor. Yes, but then

560
00:28:49,120 --> 00:28:53,120
Speaker 1: the top are extremely rich and so it's even more

561
00:28:53,160 --> 00:28:55,160
Speaker 1: wealth and a qualite. Now the difference is instead of

562
00:28:55,160 --> 00:29:00,760
Speaker 1: it being seventy thirty, now it's or something way more extreme.

563
00:29:00,800 --> 00:29:05,960
Speaker 1: That's the thing or whatever. You can't force people upwards,

564
00:29:06,280 --> 00:29:08,280
Speaker 1: but you can force them down. Verity to exist, we

565
00:29:08,320 --> 00:29:11,280
Speaker 1: might and it must be it must be dynamic. And

566
00:29:11,280 --> 00:29:12,760
Speaker 1: this sort of comes back to, like I wanted to

567
00:29:12,800 --> 00:29:16,080
Speaker 1: finish up the point of like um, equality of outcoming,

568
00:29:16,120 --> 00:29:21,240
Speaker 1: quality of opportunity and equalities like in general is bitcoin

569
00:29:21,280 --> 00:29:23,320
Speaker 1: gives us a quality of opportunity because those at the

570
00:29:23,320 --> 00:29:26,560
Speaker 1: bottom have the capacity to climb, Like everyone has the

571
00:29:26,560 --> 00:29:30,960
Speaker 1: opportunity to climb exactly, and everyone also has the opportunity

572
00:29:31,000 --> 00:29:33,480
Speaker 1: to fall, and it's even across the board, like you

573
00:29:33,520 --> 00:29:35,720
Speaker 1: can fall as much as you can climb. And then

574
00:29:35,760 --> 00:29:39,880
Speaker 1: that creates more competitive pressure in society. It creates more

575
00:29:39,880 --> 00:29:42,760
Speaker 1: competitive upward pressure, and it actually creates a corrective mechanism

576
00:29:42,840 --> 00:29:45,720
Speaker 1: on the way down because you don't have a safety net.

577
00:29:45,760 --> 00:29:48,040
Speaker 1: You're not going to be lied to, implacated that you know,

578
00:29:48,080 --> 00:29:50,040
Speaker 1: it's okay to have nothing in blah blah blah. Right,

579
00:29:50,480 --> 00:29:56,000
Speaker 1: So what we end up getting is we get dynamic inequality,

580
00:29:56,680 --> 00:29:59,600
Speaker 1: which is far more natural in society. You know, you

581
00:29:59,680 --> 00:30:02,640
Speaker 1: get you get the growth, you get the correction, you

582
00:30:02,640 --> 00:30:05,760
Speaker 1: get the ups and downs. But it's um, it's able

583
00:30:05,800 --> 00:30:09,200
Speaker 1: to do it itself without what we have in today

584
00:30:09,240 --> 00:30:12,840
Speaker 1: in the field society is actually we have fixed inequality.

585
00:30:14,040 --> 00:30:16,520
Speaker 1: If you're poor, if you're at the bottom, you can't

586
00:30:16,560 --> 00:30:19,000
Speaker 1: climb no matter what you do. Like, the more you work,

587
00:30:19,320 --> 00:30:21,160
Speaker 1: the more you get inflated away, the more you get taxed,

588
00:30:21,200 --> 00:30:23,239
Speaker 1: the more you lose what you have. And if you're

589
00:30:23,280 --> 00:30:26,640
Speaker 1: at the top, simultaneously you can socialize all your losses,

590
00:30:26,720 --> 00:30:29,240
Speaker 1: you can privatize all your gains. And then us idiots

591
00:30:29,240 --> 00:30:31,960
Speaker 1: in the middle who are in the upper and middle,

592
00:30:32,960 --> 00:30:35,920
Speaker 1: lower middle and upper middle class. We pay for both,

593
00:30:36,880 --> 00:30:38,920
Speaker 1: and but we're all fixed. We're stuck there. So so

594
00:30:38,960 --> 00:30:41,040
Speaker 1: we actually live in a class system today, no different

595
00:30:41,080 --> 00:30:44,200
Speaker 1: than the feudal system. In fact, probably worse because it's

596
00:30:44,240 --> 00:30:48,640
Speaker 1: more insidious. Where bitcoin creates, we still have classes and bitcoin,

597
00:30:48,800 --> 00:30:51,080
Speaker 1: you know, we'll have poor, will have you, lower middle class,

598
00:30:51,120 --> 00:30:53,280
Speaker 1: up middle class, will have all of that. But the

599
00:30:53,800 --> 00:30:57,080
Speaker 1: membranes that separate the classes, they're permeable. People will be

600
00:30:57,080 --> 00:31:00,040
Speaker 1: able to move up and down them. And then, to

601
00:31:00,080 --> 00:31:03,720
Speaker 1: say fairness too, is that nobody can control it. So

602
00:31:03,760 --> 00:31:06,480
Speaker 1: the Fiat money system is unfair because the people that

603
00:31:06,520 --> 00:31:08,720
Speaker 1: can push the button have an unfair advantage. They give

604
00:31:08,720 --> 00:31:11,560
Speaker 1: it to their friends, which gives them a freak advantage. Um,

605
00:31:11,680 --> 00:31:13,560
Speaker 1: so the fact that you own the most of it

606
00:31:13,560 --> 00:31:15,680
Speaker 1: doesn't make it unfair. It's the fact that nobody can

607
00:31:15,720 --> 00:31:17,760
Speaker 1: control it or create more for themselves and their friends

608
00:31:17,800 --> 00:31:20,280
Speaker 1: that creates that fair systems. And so then we're stuck

609
00:31:20,320 --> 00:31:22,320
Speaker 1: back to the way the world should work, which is

610
00:31:23,120 --> 00:31:26,080
Speaker 1: people ask me, well, how are the poor people supposed

611
00:31:26,080 --> 00:31:28,320
Speaker 1: to get it? And they say, well, by providing value

612
00:31:28,920 --> 00:31:31,760
Speaker 1: to those that have it in exchange. Correct, Yeah, So,

613
00:31:31,920 --> 00:31:34,040
Speaker 1: so if you in the future and you just nailed

614
00:31:34,080 --> 00:31:36,520
Speaker 1: it in the future. If you're a person with no

615
00:31:36,640 --> 00:31:39,760
Speaker 1: bitcoin because you were too um like ginger On, the

616
00:31:39,800 --> 00:31:41,120
Speaker 1: people who are going to have no bitcoin in the

617
00:31:41,120 --> 00:31:42,840
Speaker 1: future are going to fall in a couple of categories.

618
00:31:43,000 --> 00:31:44,840
Speaker 1: They were too dumb, they were too ignorant, they were

619
00:31:44,880 --> 00:31:47,959
Speaker 1: too arrogant, or they genuinely didn't have any access to it,

620
00:31:48,360 --> 00:31:50,040
Speaker 1: or they weren't born. You know, so so they were

621
00:31:50,240 --> 00:31:52,120
Speaker 1: born and they're young, right, so so somewhere in those

622
00:31:52,160 --> 00:31:55,240
Speaker 1: five categories. Now you can stay dumb, ignorant, and arrogant

623
00:31:55,240 --> 00:31:57,240
Speaker 1: if you want um or if you're in the other

624
00:31:57,240 --> 00:31:59,080
Speaker 1: two categories where you weren't born, you were too young,

625
00:31:59,280 --> 00:32:01,360
Speaker 1: or you just ennuinely didn't hear about it or have

626
00:32:01,400 --> 00:32:04,959
Speaker 1: access to getting any then you go and work like

627
00:32:05,040 --> 00:32:07,120
Speaker 1: you have two options. You either go and work for

628
00:32:07,160 --> 00:32:09,240
Speaker 1: the ship money that you're being paid like you know,

629
00:32:09,280 --> 00:32:11,640
Speaker 1: the f F funny money, or you're gonna work for

630
00:32:11,680 --> 00:32:14,120
Speaker 1: bitcoin and you start accumulating bitcoin. You figure out a

631
00:32:14,160 --> 00:32:17,240
Speaker 1: business or service of products, something to provide, and you

632
00:32:17,280 --> 00:32:19,760
Speaker 1: accumulate bitcoin. But the beauty this time is that you

633
00:32:19,800 --> 00:32:21,760
Speaker 1: can actually keep your wealth and know that it's not

634
00:32:21,840 --> 00:32:25,600
Speaker 1: going to be leached by somebody and simultaneously everybody else

635
00:32:25,600 --> 00:32:28,400
Speaker 1: that's creating wealth in the world. Because bitcoin will measure

636
00:32:28,480 --> 00:32:31,800
Speaker 1: everything and there's a fixed amount. As we produce more

637
00:32:31,840 --> 00:32:35,080
Speaker 1: as a planet each the purchasing power of the bitcoin

638
00:32:35,120 --> 00:32:37,680
Speaker 1: actually grows. It's like holding an et f on human productivity.

639
00:32:37,960 --> 00:32:40,120
Speaker 1: So you will benefit in two ways. Your your own

640
00:32:40,120 --> 00:32:44,080
Speaker 1: bitcoin will appreciate in wealth, and you'll continue to compound

641
00:32:44,080 --> 00:32:46,480
Speaker 1: how much bitcoin you have, you know, and then that

642
00:32:46,520 --> 00:32:48,920
Speaker 1: sort of eliminates all this stuff, like you know how

643
00:32:48,920 --> 00:32:52,680
Speaker 1: the fiat model works, like holding getting interest from a

644
00:32:52,680 --> 00:32:55,200
Speaker 1: bank that won't exist anymore because the interest will be

645
00:32:55,240 --> 00:32:57,320
Speaker 1: the increase in you're purchasing power of the bitcoin. So

646
00:32:57,320 --> 00:32:59,720
Speaker 1: you want to just story bitcoin you don't needs interesting,

647
00:32:59,840 --> 00:33:03,160
Speaker 1: So so it actually changes so many things that we

648
00:33:03,280 --> 00:33:06,960
Speaker 1: think are normal today that it's just going to not exist. Yeah,

649
00:33:06,960 --> 00:33:09,160
Speaker 1: So if a purchasing power of my bitcoin increases, I

650
00:33:09,160 --> 00:33:11,640
Speaker 1: don't need to go get interest. Interest is increasing my

651
00:33:11,680 --> 00:33:15,200
Speaker 1: purchasing power. That's the hope, the hope. Yeah, well, interesting,

652
00:33:15,440 --> 00:33:20,080
Speaker 1: Well that's good stuff. Hopefully that helps it helps to

653
00:33:20,160 --> 00:33:24,440
Speaker 1: learn how to think through things. Um, the human body

654
00:33:24,480 --> 00:33:26,959
Speaker 1: is a complex system, just like the world and the economy.

655
00:33:27,040 --> 00:33:29,080
Speaker 1: Of a complex system. So you can't treat symptoms, you

656
00:33:29,080 --> 00:33:32,360
Speaker 1: have to treat the system. Um, so some good stuff.

657
00:33:32,720 --> 00:33:35,480
Speaker 1: Alex is a deep thinker. If you haven't noticed, he

658
00:33:35,520 --> 00:33:38,240
Speaker 1: writes some really good papers. Has one out recently. We'll

659
00:33:38,240 --> 00:33:39,600
Speaker 1: make sure to link to it in the show notes

660
00:33:39,640 --> 00:33:43,720
Speaker 1: down below. Um, anything else you want to say, dude? Um? Yeah,

661
00:33:43,760 --> 00:33:45,880
Speaker 1: I mean if people want to find my new Twitter account,

662
00:33:46,240 --> 00:33:49,440
Speaker 1: ghost of Yeah, the ghost of Fetsky. He got he

663
00:33:49,480 --> 00:33:51,880
Speaker 1: got censored on a Twitter for speaking truth. We have

664
00:33:51,960 --> 00:33:53,200
Speaker 1: to make sure we'll link to that on the show

665
00:33:53,240 --> 00:33:55,480
Speaker 1: notes as well. That we're gonna to wrap it up.

666
00:33:55,480 --> 00:33:58,320
Speaker 1: Hopefully that is giving you a little bit of insight. Um,

667
00:33:58,440 --> 00:34:02,600
Speaker 1: always look deeper, stop looking too symptoms, look for the cures,

668
00:34:02,680 --> 00:34:05,520
Speaker 1: and then fight to cure those things and trust they

669
00:34:05,520 --> 00:34:08,520
Speaker 1: consistent and try that's very consistent. That's very difficult. Um,

670
00:34:08,880 --> 00:34:10,040
Speaker 1: let's say all right, thanks to