Good morning, everybody and welcome to the highlight of civilization is cold coffee with Scott Adams. There's never been a finer thing that ever happened in your whole life and, if you'd like to take it up, a level It's not hard. All you need is a cup or mug or a glass, a taker jealous or stein a candy and jug or flask a vessel of any kind filling with your favorite liquid, like. I like coffee, stop doing funny means one trying to do this or run the and the locals platform. They can do photos in their comments. You tellin me

we'll be alright. It's time now for the dopamine the day the unparalleled pleasure go. Oh yeah, a mug picture wrong. Oh you're right. I just realized that the finger grip is a little bit wrong. It should be a two finger grip to inside good point. Well, here's a lesson on how to handle your critics check magnates Marta Andreasen, wakes up to find that there's a mean going around.

wish there there's a like a competitive, playoff kind of a grid, and people are being asked to vote on the worst people in tech. The worst people in tech and marc andreessen is one of the so called competitors for the worst people in tech. So he wakes up and sees. This is trending on twitter and here applies seriously, though any day the communists are still in favour of voting is a good day regard really good. Pretty good

you're. The best you can hope for is that your retort is more clever than the attack and that's definitely more clever than the attack. Alright, there is a thread by cliff sims who, I guess, worked in the dna under trump. He tells this story about. He tells two stories about dealing with the press and how the press just won't. Listen. They come in with a this document Natasha Bertrand in particular, but people are asking rackliff. They have the dna when they heard your laptop thing came out. The press was saying some people are saying: is russian disinformation.

an rackliff who would be the one person in the world most qualified to know if there is any evidence for russian disinformation said from the start now, there's no evidence whatsoever is russian, this information and then how did edgar reported Well, you don't might be rushing disapprobation. There's there's nothing. You can tell you just that. There's no expert, there's, no fact, there's just nothing. You can say the media will stop them from writing. A biased bias like. We have to see clear, sims full thread. It's in my twitter feed this morning. If you want to find it or you just go directly to the cliff sins, faint news this morning, some of you might have seen there's some guy. What's the oversight committee hearing and congressmen Michael cloud? We'll start to a representative and cholera,

there are other some witness was testify. The figures this morning, maybe yesterday and the window said that for kids, thinking about other gender confusion, that the age of consent for mental health therapy is twelve, in other words, if you're a twelve year old at least within the school system. I think maybe the medical system too. You can ask for medical and mental mental health help, but it's just the the mental health part and apparently they have the right not to. while your parents know, if there's anything dangerous going on? Of course, parents have to be notified immediately, but just in terms of giving them therapy. I didn't know this, but the law has is twelve years old. I think it might be sixteen in california, I'm not so sure,

different by state layers of fake news barred congressmen like a cloud tweets out into is house oversight. Committee hearing the far left democrat with us so that parents you have no right to know if their kids are going through exchanges that never happened, and then he tweets the the person testify who doesn't say that she she talks about mental health. therapy talking to him now you could argue whether they should be allowed to talk to a mental health expert at the age of twelve without parental consent. That's a fair discussion, but the but they're not talking about a twelve year old,

Julian re read I'm just saying that he tweeted something that says the opposite: in other words, he tweeted the actual witness. I listened to the whole thing. She said that she very clearly specified mental health therapy. She'd never set a sex change operation a twelve year old can get this. Terrible ruler, this is really bad, because your eyes have forty percent of the people in the right will forever believe this happened, there's nothing I can do to make people think this didn't happen. This is like the the drinking bleach hoax once it's out there, it's just out there and so now now politics will be completely dominated by a fake belief that twelve year olds can get a sex change operations without talking to their parents. That's not true! That's not true,

and yeah there's a congressman tweeted today, alright and by the way, if it turns out I'm wrong about that and the twelve year old can get a sex change operation without their parents being involved. If I'm wrong about that, we need to fix that right. You will agree that there is no way that can stand against it, but it's not true. So if anybody can make a case of those true love, you know there's no way back, Hmm, alright, so mosque has apparently some people would say reversed his position, but I don't think it's that clear on web and twitter accounts that track the location of airplanes or people. So if your twitter account is dedicated to just saying where somebody's going to be specific,

clearly celebrities and famous people. Then you will be banned. Antwerp now, prior to that, the EU actually said explicitly that thou be ok but apparently had some security of his own, and it wouldn't be surprising if that influences opinion by he reports that this is a must wait. He said last night a car carrying little lax I don't know who little axes wrapper famous wrapper, maybe lex, that's a thought. Oh, my god is derisory sum. Ok, but was all by crazy stalker they here the year was isla layer, blocked,

removing movie climbed onto the hood- and you say he legal action against whoever I dunno somebody? But what do you think about that? Do you think that musk reversed his opinion, or do you think he's just acting to block things that are obviously inciting violence. because here's what changed? What changed was the environment right when whoever it was started tracking musk airplane cause? I think that's, maybe where it all started. There was a twitter account that would just say where his airplane was going. That was before. Musk was really targeted so much because it was in either what he was thinking about: buying twitter or hadn't. Yet

But once he bought twitter, his own personal security was a different situation and if his own personal security is different situation than tele telling the public, whereas that could be physically quite dangerous. so? Do you think that if somebody is the type of person who could be targeted and musk is clearly that type person, do you think that in it and it'd sites, violence simply track him and say here. Is that this? That this time does that incite violence? It does accidently, it does not by intent, while there could be a tent I mean you can imagine somebody having intent, but I don't believe the the original tracker had that intent,

but in terms of does have that effect absolutely does have the intention, that's not an evidence, but does have the effect Of inciting people, because they know where you are there already mad, of course, absolutely now I urge and pushed back say that. Were saying you would only bad you if you do things that are against the law. Right things are against the law. but is it against the law to tweet there's somebody's aeroplanes ever certain airports now not against law? So it must now being inconsistent because he says or do anything that's not against law. Well, here's the argument for him. Inciting violence is illegal as or is it.

It is inciting violence, legal or illegal. I thought it was illegal. Maybe it depends where you are in the context, but is, is he supposed to wait until somebody gets hurt, because that's when the the law- broken when somebody gets hurt, his is changing it before somebody gets hurt. Is he can annabelle with the law or is in Annabelle with law, you say you're somebody does this. Somebody might get hurt.

But he's stopping them from doing the crime, but he's also stopping people from having information that would not be part of a crime, so he's doable. Alright, what why are you here sure some somebody is on on here? Just bother me shawn: can you just fuck off like I'll, delete you after I'm done so you're not going to be on the platform when I'm done, but looking at your comments and you're, just he signed up for a subscription service just to be,

Asshole to me, apparently so what the fuck is wrong with you really just get off the platform. Can you quit today I'll get rid of you won't. Let me make a note, so I can get ready later. Sorry, after just do this, show on that's the last time I'll put up with your fucking face god, fucking assholes and let's go back to the show

Alright, well, no, it's not a troll. So the problem with trolls are a very specific thing. There's something people are just broken and they need to hurt other people in public for whatever reason under this person's just fucking broken so you're you're out of my life forever, alright So one thing I learned in twenty twenty two: here's a little tip for you. Would you like a tip on safety if you're the kind of person the somebody might want to kill and euro will do a lot on the kind of person somebody might want to kill it. good idea. Let somebody that you dont, like them. Much borrow your car. I think I've heard a list

three stories this year of somebody who got attacked because they had borrowed car of europe. Those same stories. I think I see or three of this year I was it or the was at the russian? Maybe it was the russian whose daughter blew up because she was borrowed the car and then there's a story about something about the beatles that I heard I think one of the other there's some celebrity who loves somebody else, borrow their high end car and got in trouble that yeah there's a whole bunch of stories like that. But basically, if somebody's trying to kill you Let somebody that you don't like that. Much borrow your car, that's that's my advice. I trump said he gonna get major announcement today. Does they re having guesses? What that is

He says that we need a superhero now, do they use talking about himself? We need a superhero, because that would be so. Clingy is hard to believe he's talking about himself now. He did show a meme of himself as a superhero, so it could be. He was just referring to the meme and it's not really directly related to the announcement. So maybe the superhero thing is just a diversion, as it just cause was a fun meme and has nothing to do with anything that what you think You say think the major announcement and the superior or thing or disconnected right there, just two things happened at the same time.

cause? Yesterday, I was speculating that he was going to say, Kerry lake and joined his team or was going to be, as vice president pick or something now, if he did that it would basically just throw the the chessboard on the floor when it is basically just The whole game is up at that point, the boy everything is up for grabs because he has just an ordinary vice president. He doesn't have anything. I think you'd be hard for him to win jason, crushing poles here with dissenters, easily beating of the poles and saw somebody says it and it could be a deal kane related announcement, but would there be a major announcement? Is less idea gain joy and his team and some capacity that would sound like we need a superhero, maybe assembler that you so good trump is so good at making us curious he's

we've been doing this and it works every time I hit that it works on me, but I'm actually genuinely curious. What he's? What he's got going didn't claim kane played superman in a I dunno, maybe thirty years ago, version or something like that was a long time ago. Now now by tradition, I don't think there's a law about it, but by tradition, presidents, don't pick vice presidents until they're nominated right. That's the tradition. but there's no reason for it. Is this re obstacle to doing it? There's no downside, there's only an upside. If you pick the right person Adam, where solidarity and so is trump is trunk, clever enough to know that he regained the.

The new cycle, and maybe they can keep carry lake awful twitter. What about that? If he picks his vice president, he could think of. Presently was not banned on these social media and then you can have the vice president just without result campaign that would be interesting. now the other possibility is that the the announcement has something to do with truth, social, but I doubt it. I doubt it. I don't think I don't think it's a dean. Cain thing is so what would be big enough, because here's, the thing I don't think trump is likely to disappoint I don't think it's in his nature, trump to say, there's something big and then roll out something small. Would you agree? Would you agree that Trump would never say, there's something big coming

and that role I was something small, so so he uses hyperbole so he's always gonna is bigger than it is most likely to be small. So what is there any other says we need a superhero which makes me think it's something about a person now he might be the person, but I dunno the smart play would be announcing Kerry lake, before you're supposed to cause. The first thing would happen: is the news would jabber forever. About how you're not supposed to name your vice president right. That's like less like free money. Because it is so easy to talk about that? That's how you know it would be a story. Everybody would talk about

Storage lie. We haven't here's the reason we don't, but why did he do it? Why is it different this time? Is there something special about Kerry lake that it makes sense, is there's something special about the landscape of the news where it makes sense, is everything moving faster? Is it really a thing called trump time see what I mean you could talk endlessly. Has not really been terribly important is like got a little tradition with, though no special backing to. So, if that's what he has in mind, it would be brilliant. If it's not what he hasn't minded better, be good, it better be good cause. It is easier to be big,

and if he teases something big and doesn't come through now, it's not going to be a lawsuit because he said could be. It could be a lawsuit if, if you're sure that the superhero part is not connected to what the announcement is, I guess that's possible. Yeah I'll give you that that's possible, but I don't. I don't feel like a lawsuit. Is a like. A big announcement. Do you, like would trump say a lawsuit? Was a big announcement? it's gotta be people, it's gotta, be it's gotta, be a human there's, something about a human being like all. It's like a glaring signal, because it's trump trump doesn't make a big announcement about paperwork. Does it if you think trump's going to make a big announcement about paperwork,

I don't think so, a legal process that that would be so counter to his instincts of you know being a good promoter and what what actually excites people alright, Is anybody blown away as I am that we still? No agree as a country whether the vaccinations were unambiguously a good idea or unambiguously about idea now I don't want to hear anything about my own cardenas in young men stipulated. I'll even stipulated get cannot. Can I beg you. Can I beg you not to mention it, because we all already know it observes begging. You Don't say it. We all know it. There is no conversation, about young men that part we can agree on right right. Is it but the rest of the people?

I will stipulate that the data is sketchy for a young man again stipulated. I stipulate that so you don't have to say. but let's, let's just say, for older people like you, This just to see where you're out radio, now my my current I, how would I know that's my current opinion. How would I know so, I think

are three opinions and two of them are unsupported. If we can agree on the stipulated part that young men seem to have a greater risk with a vaccination, everybody seems to know that now, but for not that group for other people or older older than that. Just older forget about kids, that's a whole different conversation, but for the older population. How many of you think that the vaccinations were more? good than bad or more bad than good go just for the older people older only there are only a while. I'm surprised, I'm very surprised,. Yeah, there's a big difference between the locals and me leave to people you dubious as more more bad than good and locals is more than that. My way either way prove my point,

how in the world could we be here I know that the I've been. How can it be. Is rising more important than that. I literally. How can we be at this point and still disagree about whether the vaccinations worked or didn't for older people only older people. Only older people have to say that every time I was only possible now So the three, the three opinions are: it was the vatican these so called facts. There's ethic Could I do another simulation one more simulation I never ever ever want to hear. You tell me that you should call them vaccinations because they don't stop the spread of.

But he knows that everybody knows that. I will stipulate it. If you please, please stop saying it. I'd know, sibling. So I was listening to a little clip bike the data gould, whose very funny one of my favorites. his routine was. It is interesting because in his bubble he said basically that how can anybody be against the way? Gold vaccinations, which I stipulate I stipulate ice, pilate that when you use the word vaccination, I stipulate that they don't actually stop the spread of transmission so something he said but he said how, in the world.

are, we must say, going against the experts paraphrase, Basically said, everything that we do in life or trusting experts. So why is different? He says I use my zipper I don't know how that works by using anyway. So his view was everything though you do is because some expert told it was ok, Definitely so why? Wouldn't you do the vaccinations totally totally a good point right and then he mocked his brother for not getting vaccinated cause. His brother said he he doesn't know what goes into those vaccinations like you, now that works, and then David said again, paraphrasing then you don't know everything works like it's crazy boy, just cause Brother does know how that works.

His brother, doesn't know how anything works. That's you know technical. So how do you make any decisions and. I tweeted that and I made the following observation, Who is more likely to screw you, but do you knows more than you about the topic or someone? knows a lot less than you about the topic over. Course of your life. you ve been more screwed by people who knew more than you, let's say, crypto Crypto would be good current tell them what what do you think that sam lightning freed could build as his company of tax and get away? because he knew more than you know, he's the export, a hundred percent of the people.

Fuck, you are the ones who know more than you that's how they do it do. You know when people do like financial scams on you or they do insider today. is the insider trading happening because they know less worthy of notice. because they know more than you. That's how it works is that More than you that's the whole trick, every depends on them. No more than mere they care for you, You know more than them. Ok,. I dont know how more clear that could be the people who less than me almost never fully do you know why because they no less than I know, that's why only the people who know more than you in politics and economics. Every every form of finance crypto everything is

Only the people know more than you that are screwing. You dark energy has another great thread that actually need to be subscribing to his subject. See it all, but he's going after the a m in the medical and medical studies, Once you see how often the people more than you have intentionally lied to get a drug past. You would have to have no context in your life whatsoever to think the vaccinations are safe because the people know more than you told you. They were. Worse reason, now there may be a very explicitly not give you, My opinion on whether these so called vaccinations that don't vaccinate whether there are more good than bad. How would I know me seriously? How would I know

and subsidies go say or do your own research scott? It's all out there? Now it isn't nothing. I believe is out there because everything out there would be put together by who. But what will be a general description of all the people who put together studies? You think I should look into like a general description. Are they people who know more than I do right, so I can check their work. I can check that were. Does no more than I do now. I can check some of them. I some of them just started like screamingly, obviously bullshit by can't all of em, because they know more than I do. They were gold, I'm thinking of creating a sort of a version of me this, like the dark version, I can use everything like neighbours like oppositely,

wherever I ever socially appropriate opinion dark? Scott would be the one this year Because, overall read it there's a version only this dark scott and I can tell when they come over to twitter gazelle have the same. Information, silver and read it. They believe I was pro mask. I actually laddie anti mask campaign. They think I'm pro vaccination. I delayed as long as that. good until I wanted a vacation got the minimal. My news for the vacation never look back as less less pro vaccination. Do I think the vaccinations help me. well, I just know I had a good vacation. That's all I know I dunno anything else. I had to make a choice. Cost benefit, no information. I just made the one where I could have a good vacation. So there and then was the alone.

oh also on reddit. They believe that I'm in favor of digital passports, so so dark scott, isn't favorite in favor of digital passports, masks and vaccinations, and I promoted one of those things all opposite all up now. That's true. Now on twitter, mostly people know that, but when the view that there's a bunch of can we over, I think it's because I'm not, but when I saw you tik tok hard, I started getting a lot of trolls on unrelated topics and want to one of the consistent ones. I think they're from read it. They could be just chinese trolls. One of their consisted ones is a tweet in which I was questioning people on digital passports for vaccinations.

Vaccination is really going to stipulate that they're not actual vaccinations, the ones totally rulers. So I wonder if that's true. Is it a coincidence sudden talking about carefully tiktok and then suddenly, troll

What's with all the same messenger hitting me now here, here's my take on digital passports. Here's why it confused people! I talk about both sides of every issue. If you're talking about both sides of every issue, somebody can just delete the conversation and take one side of it and say that's where you are so that's what happens a rabbit, but I think that's, maybe just chinese trolls, I dunno, but here's my take on digital passports, whether it's for vaccinations which I stipulate are not actually vaccinations, is a misleading word stipulated. Here's why people think I'm in favour digital passports? As I've said, do you know they can do all of that to you they control. Everywhere: you are right now like into

of all your find. This is a timely one. Had what do you think happened to s behalf the FDA ex seo? Do you think they knew where he was? Yes, they did do you think they can turn off his banking? Yes, the government just ass, a care about you, that's all they did. They simply have to care about you and they can do anything they want You know that you send people to your house with guns right I gather your house, but you also, they could do anything we want now would have Inappropriate illegal yeah yeah, but they have all those tools. So if you give them and here's where people said they said, okay, scott, I get I get that they can. You know for all practical purposes. They can track you everywhere for all practical purposes: generations

people already, and I can also turn off your banking for all practical purposes, but you don't want to make the mistake of baking easy right, so that as a pushback back now, if you make it easier to use more right. Anybody agree with that. If you make it a digital passport and they can just push the one button and you just disappear from the grid. That's worse! Right now, you know what's wrong with Iraq, let me tell you wrong with that the person who is capable of making that decision about you, they don't push the button that they don't want. They don't have like a dashboard at their big old desk and they're sitting there, like. I don't like that, tweet that just sent Adams and there's the atoms button boom. You're gone, you think the personal makes a decision pushes the body now

they say to an underlying make this person go away, And then the underlying those extra work, but does the boss care now was doesn't care. Do you think the other just it's attorney or whoever is gonna, be tracking and turning off somebody's resources delay the district attorney. Does it himself now there's some underling puts the paperwork together to do whatever needs to be done. Oh, I don't know you makes any difference. I don't think they can turn off anything they can track you anyway. is a very small difference. Now did that's how like over the favor of digital passwords? Did it. I think it is fair to say that if he had digital passwords for anything, it would provide useful inconveniences

it would take away a little bit of freedom is right. Write make it like a little bit easier, but the differences so trivial, sprawly, a trivial difference. Now. Did I say I am in favour of it dear reserve, in favour of digital passports, oh, are you so was the potential risk of potential upside? I just described, I simply described. That's it. So I can call myself dark atoms cause there's a movie called black adam, very confusing, the rock as a movie, so I can't be black items that would be confusing, so I guess I'll have to hold off on it. What else is happening, You're Rubio is end couple congress. People are trying to add, stop tiktok

and it s rubio restocking tucker, show about that and to rubio credit. Allow me to give a senator Rubio little compliment. He was able to describe the risk of tiktok accurately He described it not and not only in terms of the privacy as they collect all the information. That's all We part of the risk, and maybe the smaller part he accurately can explained that they can use it to influence and probably did, and he added. don't have where they probably did, but whether the attitude is true or not. It demonstrates that the thing they can do very easily. Now, Let me tell you why this is really clever and something's gonna happen here really soon. Have you ever heard: anybody argue for keeping tiktok like that person. Com

Eddie any politician- and he can now not one, not one and talker said: do you think you have enough democrat votes? I sat there watching that saying what you have all that there is no democratic? Oh, you don't have theirs single person who is on the other side- and I said to myself: are they really get a vote against that? Just because this is a Democrat? Is a bipartisan bill? Are the democratic vote against a bipartisan bill because a republican likes it but is also bipartisan. So here's what I think is going to happen. We're going to find out who china owns for the first time we're going to have on a evidence I would say proof because real- literally there's no other argument. If any

votes against this bill and and doesn't have some clever reason the ebner heard. Yet there might be some clever reason that I haven't heard yet But if somebody votes against it doesn't give you a reason their own by china, no fucking down it check check. My reasoning check my reasoning, because this is a big accusation. There is no there's, no counter argument nobody's ever offered one. The news never reported one, and even when they talk about the bill, it's bipartisan And neither of them are aware of anybody was a different opinion. Theirs.

oh awareness of any different opinion for the first time will know for fucking sure who the traders are we'll get to know sure. I'm I'm wrong were actually get to find out where the traders are, because I think, if their bought off, there's still gas vote for china it's going to be right there it's going to be right there and yeah. Some people say mitch cause he's his wife is chinese. American. I think, both unfair and also, let's keep an eye on them. It is racist and unfair to assume that Mcconnell is going to be in the tank for china, because his wife has some connection yeah. I know it's a taiwanese connection. I understand the difference, but I don't think that's fair, but on the but on the

incense! Well, let me let me separated as a citizen of the united states, who loves this constitution and says everybody's innocent until proven guilty. It's totally unfair to think that matches in the tank for china, because his wife, whose taiwanese raza taiwanese connection. totally unfair, but in the common sense world, which is a different world right there's the constitution was right. And how do you do you wanna hear what kind of society do you want to build in that world don't come close to the stop. At great that, that's all but in the real world, people are influenced by their spouse. There's no exception to that. You don't think, was at least a little bit was by bologna. Sometimes

wait. I don't know what topics, but of course he was you can't not be influenced by your spouse. That's another thing, so you gotta keep an eye on. Both is unfair to just assume, there's something bad going on there. Alright dissenters except the free money again, so floored is going to hold a medical establishment. Accountable, says dissenters, grand jury, this could investigate moma shots and big farmer and the us Cardiac related deaths tied to the mrm a vaccination now. don't have a prediction of how that will go. I am not entirely sure what they are fact finders would find if I'd believe them anyway. So what else but the partners? The salient is, as three bunny. Are you telling me that all the other governors could have done? This? Is that you,

There's some there's some rule in florida that there's a law the sage again mislead stuff people about medical staff. but is there only one state, those that law is only one state the says you get mislead people about medical staff feels like maybe that's a little more common than one state. So why, in the world. Why in the world is only florida taking this up and the answer is to be the obvious: the dissenters can recognize free money, and every time he walks by a table with free monies like a If anybody on this money and everybody's, like oh and then he just scoops it up, takes his free money you this is like two points of support over trump, this is free layer. You can imagine the senses. Look you this. you are aware the ideal whatever, but

Is evaluating whether he should do this is by like ok, if I do this, my approval would go up two percent compared to tramp and what was my downside And also well they'll think you're, like a vast denier, and then you ll say I'm not doing that. I'm getting people who know more than I do to the figure was true. On the opposite of knowing what happened, the opposite. I don't know what happened. Some I'm getting some smart people to figure out what happened is pretty easy to defend No matter where it comes down, he could say I can tell you where it was going to end up. I told you it's important and that people care and we have to look into It- that's my job. My job is not to tell you where it ends up so it is a perfect position is, is completely logically

Morally. Ethically, it's just clean is like the cleanest thing a politician can ever do. Why? Why is really only one? Whoever season it just let the free money just fixed up. I write rasmussen. There asked the thing is likely voters is the economy better or worse. In the past year. Your opinion, please, Probably better or worse in the past year go better or worse in the past year in the past years, the key in the past year better brewers- it's not obvious, is that I don't know I have no idea I dont think will now for a long time. Probably where we can point. things that are worse and we can point to things that are improving

Is anybody smart enough to know that out? You know I mean I guess you could look at the gdp and say that's a net, but not really because inflation subtracts from the gdp. that this is one of the few times when I look at a survey I say, yeah that makes sense makes total sense that people are mixed. There's probably if you lost your job, it looks worse if you've, if you don't own things that appreciate with with inflation, it looks worse. So I guess it just depends what tv you're watching and what's happening to you So to me it looks like it's a little better, totally subjective and you could talk beer that opinion and

a second like I am not wed to it at all, but I'll tell you just my impression, but I think I have you know optimistic poisoning. You know I'm basically you know optimism driven that was down. Five thousand will not today right now talk about today, area. down to present at so. And you all know that the market guess frothy at the end of the year. Here's the usual little low personal investment. Tipp goes like this stocks always give frothy. They they jump up and down toward the there is a lot of people who are saying I need to take my. Aids or my losses and this this calendar year. So people are, in love moving around just for tax reasons, but all

there's something that gets into our psychology about the end of the year there are lots of rumours or not a rumour that there are some historical trends about year, ends where people will look at the history and say: oh, it always goes up in january when I think it goes up Does anybody have the actual number, the number of times that the market is up in january compared to december? It's like seven out of nine. Something like that. Does anybody have the actual number there? There is a history to January as being good.

The and recently we've have violated that travel ethic fuck you money, causes optimism, you know I I I'm barely rich. You usually have a few divorces and a lot of inflation and then have newspapers, get whacked and then get cancelled by one of your bigger clients, yeah. No, I'm definitely for for me personally, my economics,

Your situation is way down, I mean doesn't matter because I'm a retirement age, but in terms of earning income while as well as assets- probably down thirty percent since before trump- something like that and now I'm not broke yeah. I'm not complaining is that I hear ya. I hear ya. I will stipulate that I'm not suffering. We can all agree on that. Ok, you don't have to mark before and yesterday I did something fascinating. Join days, spaces where there's the audio conversations which just audio on twitter and the topic was reparations.

and a big percentage of the audience were black americans isoude based on their profiles and what I can do and I'd never been I'd, never had the privilege, it was a privilege actually to be exposed to opinions that are so different from my own. It was actually kind of like really good it really interesting just to hear somebody was so different, so different opinions, and I didn't catch it all. So there may be some nuances I missed. So I don't want to. I don't want to characterize whole thing, but the. as a pattern that I noticed- and it goes like this people in favour of reparations and understand how economics work. And would speak in public as if they did, which tells you how deeply their lack of understanding of economics is

now I want to make sure that we don't get don't like drift into racist territory here, because you do know that the black community in america is very vocal about. We need more economic, straining personal finance economics, you ve heard their right, that's a real thing and that- and that is a real. In my opinion, that's that's a sign of systemic races, meaning just the system not with any, tension, but sometimes the system just get you into a situation that nobody intended, What one of those is! I believe that Are you people in general? This is not true of all people. Nothing's, true of all people,. I think why people sort of pick it up by us moses. Like you, you just pick up economic. Just by hanging around it. Did that you I'll give you a specific exit.

And I didn't realize I'd gun entire economics lesson as a child until I, Somebody else on twitter mention that his mother. Gave him to rules. I hope I wrote those down at me so mad. If I didn't And the two rules were one: was life? Isn't fair, oh shit, what was Ellen life isn't fair and nothing's free. Thank you. Thank you very much yeah. So he said his mother taught him life, isn't fair and nothing's re. That's exactly what my mother taught me: exactly life isn't fair and and if he didn't work for it, you didn't deserve it. Basically, nothing's free

If you unpack that, that's the entire theory of economics I didn't realize until this morning is the entire theory of economics life as unfair, nothing's free if you just think that little that little seed. just say I what does that mean like what like? What does that imply free markets? Cattle? Is this all their? The entire thing is there with just lasers and fair nothing's, because what that told me to do in life is what. find my advantage. The other people didn't have. Why? Because life is unfair,. And my mother told me that specifically life is unfair, go go, as unfair in your favour, so I went exactly where it was unfair. In my favor to college

because I knew as a young white man in america during those years. If I went to college. pretty much on the world, and so I did I just found unfair advantage- and I took it now, if you're black in america, what are you gonna? Do? What you're unfair advantage? Do you have any? Yes, she do that. You have plenty unfair advantage, number one! You can get more funding to go to college. Now, I'm not I'm not ignoring all the disadvantages. We will stipulate that being blocked. In america, it comes with a bag of disadvantages, but there, but life is unfair, so find where you have an advantage going to any you'll. Get your college education, that's more likely paid for the not go to any fortune. Five, when company and apply for a job with your college education and they will favour,

over pretty much everybody? That's your advantage. You can just walk in any company in the library if you're qualified. I can't do that it pretty much only Black people in america can get any job they want. If they're qualified white people can't get any job they want, if they're qualified, they can work in their field. Pretty much everytime like if you're. If you've got some skills, you could work in that field, but if you're a black american, you can get up close to one hundred percent of the jobs you apply for if you're qualified, because there's a preference, it's an unfair advantage. which at the moment that they should take advantage of and do have. You ever heard me bitching that black people have that like little narrow advantage opposite, I recommend they take advantage of it because I'm doing it. If I find it an advantage for myself, I'm going to be all over it.

That's how the system works. If you find an advantage for yourself that I don't have, please explain it. That's how my system works better. You explain your advantage. I explain my advantage if its legal, we explained our advantages and then the whole thing rises, works. Let me give you an example of how the participants did not understand economics, One one proponent of reparations said: people do understand that when do something that helps black americans that everybody else does does well too. So it's almost like it's free. Have you ever heard me say that? Have you ever heard me say that if you did reparations would actually

I be good for everybody I have so. I made that same point that anything else. Black America helps everybody now what's wrong with that, you see what's wrong with it in the car. The text of reparations- it's not yes or no reparations. That's not how you do economics. That's not how you do decision making hearsay and this is something I learned, but maybe maybe black americans do have access to the same. The same someone but here's what I learned you have to make the right comparison, the comparison is not reparations. Yes or no. It's not like there's a bucket of money. Does sir unspent, if we don't do reparations, reparations, have to be

compared to all other uses for money. You all knew that right. The money is not earmarked yeah with the government collects taxes, and they raised that too. Four things, but they get to decide on all those things and all. Things- have to be weighed against all the other things. So if you're gonna save reparation just now that you know you know how understand how anything works does not have the right question. You can get the right right answer to the wrong question that doesn't move forward here is the right question If you add loot, let's say reparations were going to cost leno one trillion dollars or something just pick a number. The question is: what else could you use the trillion dollars for and if the answer

is giving money to everybody. Was poor or or fixing all the schools for everybody which would be better for the economy will almost. Certainly it would be better to give to poor people extra help. Then it would be to give one poor black person, some extra reparations and one rich black, Persons of preparations am I wrong if you found a poor- Well, chinese, american and the poor black american and they're both really poor, and you helped those two people. Do you get more bang for your buck that if you helped one poor black person, poor black americans and one off black american there's, no question so that the people are saying that helping black americans helps everybody. Therefore, that's my analysis. That's just

doesn't understand really basic economics. Here's something else. Let one of the speakers said People are worried that it would cause inflation, but they don't I want that. Printing money- we don't have I trillion dollars and giving its black americans want cause inflation. Why? Because it would help the economic activity, so that would not heard inflation. It would boost the economic activity, so you don't have to worry about inflation so that please see a problem with that. Do you know where inflation comes from? It comes from every boost of economic activity. Comes from. Printing money is throwing it into the system no matter where it does about where you put the money. It's all inflationary

and, and so a gentleman argued that it was an inflationary bias nature by it's nature. It wasn't inflationary because it was good for the of the economy. Now That is the least understanding of economics. You could ever have now A reason not to do it, saying that you should not do it because of inflation. so you should at least understand it. You understand the interplay between putting money into the system and inflation, so my experience was by the way nobody pushed back, that I heard I didn't hear anybody raise their hand and say: oh yeah, just a correction. Any money you put into the system is inflationary. There's no exception to that. Is there? Is there any exceptions that I mean this wouldn't be one, but maybe there is So there's part of a who believes that

we don't have a array, stolen philosophical divide. We have a knowledge problem. that people have similar knowledge end up in the same place where economics is involved. And you have this weird situation where black america is practically screaming That they know they need will find personal finance and economic education and they're asking for it to be included in in schools and stuff, I'm totally on board with it. But don't you think, that's one place where the republicans can not only agree with black

athens completely, but the more aggressively they help them get. What they're asking for in that domain, the better off everybody is gonna. Be. Am I wrong what republican is going to be worse off because black americans are, you know, brought up to speed on finance? That's just all good! There's, nothing and anyway, teachers unions are the problem. Once again, you regret that, ladies and gentlemen,