Episode 1010 Scott Adams: Tell Me About the Riots in Your Town. Mine is Heating up Now. Relax!
Date: 2020-06-01 | Duration: 46:29
Topics
Find my “extra” content on Locals: https://ScottAdams.Locals.com
Rough Transcript
This is an auto-generated transcript and may contain errors.
Transcript
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Lost opportunity, a major tragedy
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BLM turning on Antifa
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Viewer questions and riot reports
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[0:07]
bum-bum-bum come on in here it's safe it's safe in here come on gather round nobody can catch you when you're in here well there's craziness breaking down all over the place but you don't need to worry about it I'll tell you why make a note to myself so I don't forget to tell you why Oh people are calling me the bald prophet well I guess you don't get to make up your own nickname I'll take what I can get so Erica relax calm down the rest of you relax here's what you need to know I've told you before that it's always helpful to see the world through an energy filter in other words don't look at the details of what people are doing don't look at the fact-checking don't look at the reasons and the logic look at the energy because the energy is very predictive when the
[1:08]
the energy is very predictive when the energy is moving around that's that's where the luck goes it's where the bad stuff goes is where the good stuff goes so follow the energy and if you take that theory then we should see the protesters burning out in a few days meaning that there was all this pent-up energy just a ton of energy largely because of the lockdowns and that energy has to go somewhere so all of that energy it didn't just disappear it just was still there and it was kind of pent up and now it's being released now the point of this is if you think this is the beginning of something that's gonna build and build and build I would say you're almost certainly wrong if there's one thing I'm willing to bet on like a lot that this has a peak and then a Peters out now that would be true of most protests in general but I think
[2:09]
of most protests in general but I think this one is especially easy to predict because of all that pent-up you're just seeing it come out now the the bad luck of it and it was the worst luck is that George Floyd was killed and that became the the trigger for all of this so there probably would have been any trigger would have done it but man that was a powerful trigger now the tragedy of course as we're all watching this is you know first of all there's a tragedy for George Lloyd and there's a tragedy for the credibility of the place because one assumes that most police are perfectly good human beings and doing their job but certainly this this group of four police officers did not make them all proud so as a bad day in all those many ways but man did it get worse Wow the the one the one positives that could have command of the tragic death
[3:11]
could have command of the tragic death if you can even say it that way is that for a moment the entire country was on the same side we all had the same impression of this this video it's obviously some kind of crime was committed we're not lawyers we don't know which one exactly but it's obvious that there's there's something deeply wrong there and it could have been this big unifying breakthrough kind of thing and then anti-fog came along and then the looters but whose fault is that whose fault is it that there was an tyfa and there were looters well your first impression should be well duh it's anti-phase fault and it's the looters fault and if you want to blame you go further back it's the cops fault it's probably your first reactions but I would suggest that in the year 2020 when
[4:13]
would suggest that in the year 2020 when you have an issue that is so unusual and powerful as this one unusual and everybody agreed the right way to play this was anything but a street protests the right way to play it was anything but protesting in the streets because protesting in the street is sort of guaranteed to give you exactly what you're getting especially with all that pent-up energy and the weather getting warmer and it was just everything that you don't want so I gotta say that black lives matter while I believe most of them are well-intentioned they they used a strategy that kind of invited all this now once you've seen that your strategy doesn't work what do you do do you say to yourself gosh I hope in the next time we do at nighttime a protest I sure hope empty file doesn't show up that's not going to work you don't say
[5:13]
that's not going to work you don't say to yourself I hope nobody thinks of looting because that's not going to work either so what does black lives matter what do they do when they know they have a strategy that is guaranteed to make things worse what do you do well apparently black lives matter just repeats the same thing that made everything worse so at this point you know I would say originally they're just victims victims of the looters the victims of an tyfa turning what should have been a positive thing into a bad thing at this point their strategy is deeply deeply flawed and in fact they're losing more ground every minute would you not say that your empathy for their cause has dramatically decreased because the riots and the answer is if you're human probably so because it's hard to hold too many thoughts in your head without them
[6:14]
thoughts in your head without them influencing each other and at the moment our biggest thought is why are you doing this why are you having even a peaceful protest that you know is guaranteed to destroy businesses you know it's gonna make you look bad you know it's gonna make anti-fog behave badly you know these things you're not you don't have to guess you know them so at this point my my empathy which started out nailed at a 10 probably for most of you right you watched that video and that your first reaction was that your empathy if you're normal and you're human and you're a good person at all your empathy just went to a 10 and a 10 it just pinned there hmm now that was the biggest opening in the world to get something done name one thing the black lives matter has suggested in terms of a policy change go ahead name name anything that you're aware of
[7:16]
name name anything that you're aware of the black lives matter has put together as a little suggestion of how things could be better good yeah none not a damn thing so not only has black lives matter squandered the maybe the best opportunity they'll ever have to make real progress completely lost now you can't think you can't get it back not only did they lose that but they never had any suggestions after all this after all of this not a suggestion something we could to chew on something Congress could vote on or more likely states could vote on or municipalities nothing nothing at all now if they do have something then I would say that our news sources are failing us terribly because if black lives matter has anything that looks like some suggestions why don't we know it I don't
[8:19]
suggestions why don't we know it I don't see it as a news source now so what empathy am I supposed to give to black lives matter when I started as a ten and they're implementing a strategy to lower my empathy for their cause and not only are they implementing the strategy they're putting a lot of effort into it to lower my empathy for their cause they couldn't work any harder at lowering my empathy for their cause now here's the thing that I think they get wrong that would be a good lesson for you because it's something that everybody gets wrong it's a really really common thing to get wrong in fact I would say when you're talking about communication and persuasion this might be the most common thing that people get wrong and they're so wrong on this just terribly terribly wrong and it goes like this just as I could never fully understand
[9:19]
just as I could never fully understand what it's like to be a black man in the United States of course I can't I could listen and I can observe that I can do it I can but there's nothing you could really do to make you really know what it's like to exist as another person but the same would be true an advert in in Reverse there's no there's no person who's you know different from me with a different life who really knows what it's like to be inside my body in my life in my mind and feel the way I feel so the first thing you need to know is and nobody really knows what's in other people's heads we just sort of sometimes think we do but we're terrible at it and here's the big problem people forget that they're persuading the other team people forget that their job is to persuade the other team and the way you know that they've forgotten that is that they communicate and they persuade in a way that's designed for their own team people are just talking to themselves
[10:19]
people are just talking to themselves it's the opposite of persuasion so when you see when you see black lives matter protesting in the street protesting in this street what are they talking to who are they talking to not not the people they're trying to persuade they're not talking to white America because if they wanted to talk to white America they would have seen the protesting in the street led to violence and they would have immediately stopped it and then white America would say good move I'm glad you clamped down on that let's talk do you have any suggestions this is the time to talk we're open to suggestions we'd like to do something when have you ever been the situation where everybody would like to do something it's not even that you have to talk anybody into anything we'd like to do something seriously we'd like to do something we'd like to help give us any suggestion just to chew on we'll
[11:20]
us any suggestion just to chew on we'll debate it I'll help you I'll help you persuade if if there's some good suggestion so you let me put a bow on this the the protesters need to figure out a language that is the language of the people they wish to persuade that is primarily white America they're speaking in the language which is designed to persuade themselves it's missing by a mile missing by a mile it's not even close and all they had to do was Bank the game that they got by accident because that video was so compelling that everybody just joined their side and then they protested everybody joined their side and then they protested it's like they missed the biggest opening of all time it's it's to me that's the biggest tragedy the tragedy far bigger than the death of even one person no matter how tragic and horrible it was the death of
[12:21]
tragic and horrible it was the death of one person of course it was special because death is death but but what this lost opportunity could have meant for civilization I mean it was a really really big loss for the black community especially but for really everybody but there are some signs of well maybe a trend some signs of maybe a shift and it comes in the form of multiple anecdotes I've been following if you're not following ian miles young he's got the best feed on all the various videos from the protests so I'm looking at one now in which there was a obviously some anti-shah protester guy who started to break up the hammer tried to break up some concrete curb to make bricks that people
[13:22]
concrete curb to make bricks that people could throw up things you know it's get projectiles and the peaceful protesters tackled him and handed him over to the police now some of the protesters most of them I think the peaceful ones were white and they tackled what I'm guessing was a white guy yet a lot of masks on but that's my best guess and you know there were also there was at least one black guy helping to wrestle him down et cetera so at least in one place the peaceful protesters literally took physical action against Anti Fog physical action they they tackled him they tackled him and they dragged him to the police but it wasn't just one do you know if he follows sports you may know a basketball player named Junior Smith apparently he was in LA and I think it was a protester of some sort messed with his vehicle now if you want to have a bad day mess with the vehicle of somebody who doesn't look that big until they get out of their
[14:24]
that big until they get out of their vehicle so there's a video of Junior Smith who did I mention he plays in the NBA I don't know his height but he plays in the NBA he's a big guy and he's just he's just beating the piss out of this this guy who's about half his size he was not happy about this guy messing with his car now was the guy he beat up auntie fara or black lives matter I couldn't couldn't see much of him he was getting beaten so badly you could even you couldn't even tell you know anything about him but you know it's that sort of story where you where you see the let's say the the peaceful segments of the protesters the peaceful segments of black lives matter the peaceful people who are supporting them are gonna turn on an tyfa their i've seen them maybe four or five videos in which the black lives matter people the peaceful activists are shouting down the
[15:25]
activists are shouting down the anti-shah people who were not black and saying hey you're getting us in trouble one of them was Griff so it looked like two young females who may have been Asian I couldn't tell it matters to the story were graffitiing something and writing black lives matter and they weren't even black and the the black woman who was presumably with black lives matter or at least you know marching with him they're saying we're getting a blade for this so she's yelling at him who do you thinks gonna get blamed for spray-painting black lives matter on public property it's not going to be anti fo anti files I'm gonna get blamed so I don't know if these were outside agitators but was a Susan Rice Susan Rice now says that she suspects Russia is behind this Russia really so that's funny but I would expect the next maybe day or so and I
[16:27]
expect the next maybe day or so and I predicted this yesterday I said it would take about 48 hours for a black lives matter to turn on to turn on aunty Fah and let me just put it out there if if black lives matter wants to turn on an tyfa they're gonna have a lot of friends if well let me tie two conversations together here i told you that if you want to communicate and persuade you have to speak in the in the language of the people you're trying to persuade if you imagine that the people you're trying to persuade or say conservatives because if you could can if you could persuade two conservatives well you've already got a lot of people on the left then you'd really have a lot of people and you could get things done so if you want to if black lives matter wants to persuade conservatives the best way to do it is is to just shut down anti five because you know you can do it
[17:28]
anti five because you know you can do it right you know you can shut down anti far yeah you know wouldn't be easy but you know you can do it if you want conservatives to love you shut down Anti Fog if you want the conservatives to care less and less about you every day keep protesting in the street while we have video of hard-working business owners many of the minorities having their lives destroyed by your careless and ridiculous strategy of protesting in the street during the pandemic which of course is vice looters and a thief ah so it's pretty easy if you want if you want an ally the Conservatives are empty antifa so all you have to do is be anti anti far and you've got a lot of friends suddenly so that's this is strategy I would look at all right let's see what else is going on here in crazy town so
[18:28]
else is going on here in crazy town so it seems to me this week that thanks to anti far primarily Democrats have lost every argument they've ever made that sounds like a big claim right there because of anti far this week Democrats just lost all the arguments they've ever made for example how do you feel about the second amendment this week do you think you're gonna give up your gun you can forget about gun control because the visuals are so pro gun ownership that you couldn't do anything more powerful for convincing people to buy extra guns my guess is that gun sales are through the roof right now and if they're not I don't know why all right so I'm gonna control they're losing badly cuz they just made the best commercial you'll ever see for gun
[19:29]
commercial you'll ever see for gun ownership that's it how about income inequality has their argument for income inequality do you know how much I care about you know income inequality when the people who are complaining or burning their own small businesses people of with the people within their community who do do I have a lot of money there's small businesses how much empathy do I have for you in equality when auntie Fong and blacklivesmatter are actively destroying at least through their actions anyway actively destroying business of low-income people none none I have no empathy for it because of the way it's being handled I have empathy for it if they hadn't done that but their actions so discredit the entire argument how about reparations how's that looking well I wouldn't bring up reparations this week I don't think that would be a winning argument this week I think you
[20:31]
winning argument this week I think you can put that one to bed how about let's say what other arguments have had lost this week they haven't lost abortion because you see that many people running around acting poorly and you don't think to yourself we need more people you don't think that I was just looking all right so that that's pretty much that the entire left has discredited itself to the point where it's ridiculous I don't know if it changes anybody's mind it doesn't work that way did you see the video of the woman who was running away with a cheesecake how many of you saw the cheesecake video if you haven't seen the cheesecake video you have to see my twitter feed the thing is several tweets down now but it happened today and there's a anti-fire looking person a woman it looks like in a raincoat and she's got a
[21:33]
looks like in a raincoat and she's got a full cheesecake and then the article is a local news story this says that the Cheesecake Factory was looted and there's a woman walking out with just a full cheesecake Toto and so I added my own caption to the video I said quote all capitalists must die but if I'm being honest their cheesecake is exceptional auntie Fong so that is how ridiculous it is now let me ask you what is that the auntie file wants what does auntie foul what don't know dear you don't know neither do i does auntie fall want the same thing I don't think so I think they're breaking stuff for fun some of them I think some of them are in it for the lifestyle we know that because people have been an anti five said that directly that they were in it for sort of the lifestyle and the thrill some of them might think it's gonna help in some weird way I don't know but what
[22:36]
in some weird way I don't know but what do they want other than to destroy black lives so I think the anti fire is working directly to destroy black lives and everybody else's life it looks like and they are the common enemy so if black America wants to team up with white America we've got a common enemy called anti foul I know an tyfa is attacking my town tonight I don't know did I mention that probably not so my town is under attack tonight the local shopping mall may or may not go up in flames today I don't know but I think when you attack the suburbs there's a little extra risk now it could turn out to be a peaceful protest who knows but I don't think you plan a peaceful protest at the mall no you plan looting at the
[23:41]
at the mall no you plan looting at the mall so I would expect that in my little East Bay town in Northern California there will be something like at least attempts at looting one of the things that people don't quite appreciate about the suburbs is how a heavily armed we are and so one of the argue or ghen Iser saying it would be safe because there are so few mega people around here okay okay maybe as a percentage there aren't that many that's true but they are really well armed just just just the mega people that I know personally in my town enough armory you know to death row National Guard the suburbs are really well armed now I don't know that it's going to make any difference anybody's going to use it but if you were going to tell me where where's they're most likely to be a a lethal event I think my
[24:44]
likely to be a a lethal event I think my town is pretty close to the top of the list because you're not going to get lost in the crowd that easily and the odds of running into somebody armed and my town it's pretty good the number of people in my town who have a firearm in their car it's pretty high it's pretty high so I think those who maybe don't own firearms and run the left probably operate in the world where they don't know anybody who wants a gun you know in the suburbs they might not even know anybody but there is a lot of guns here
all right yes it looks like yanti far if I had to guess I mean the odds of a mass casualty event are pretty high but I think most of the most of the people who will be in that event will be anti far
[25:45]
will be in that event will be anti far if you know what I mean so I think there will be a mass casualty event but it won't be anti far causing it I think it will be you know if there is one there will be in the direction of fewer empty for protesters if you know what I mean I'm not recommending it not recommending it hope it doesn't happen I'm just saying it's about a 50% chance at this point I'd say 50 percent somebody says Pleasanton folks have a ours you know your Pleasanton though yeah yeah yeah Pleasanton is bristling with assault rifles it's true and even the people who think that is not they better keep their protest kind of peaceful because it's it's a pretty heavily armed place here alright I'm going to take some calls is there any having the protest where they are anybody have any eyewitness accounts but you can ask me anything I'll just take some callers
[26:47]
some callers see who's around let's see if Benjamin wants to talk you Benjamin can you hear me when I catch people off-guard they're not ready to talk Benjamin I think he has his mute on let's pick somebody who just signed on because they're almost certainly going to be ready Dave Dave Dave are you there good do you have a question for me or do you have a report no I don't have report but I do have a question I've been meaning to ask you for quite some time do you think that USA / Trump should buy Taiwan at say 10,000 an acre now Taiwan's that Taiwan has the Hong Kong problem which is that the geography just it doesn't work Taiwan will someday be part of China I think you know it
[27:47]
be part of China I think you know it might be in a hundred years but I think China just has infinite patience when it comes to that topic and I just don't know there's any other way it can go now it might be that in a hundred years China will be a democracy and then Taiwan says well why not you know you could imagine it but now I don't say there's anything any there's no way we could get away with that without causing way more problems than it solves
well it'd be cheap but not in terms of what it would cost us the long run so I have a good idea I like I like to get out of the backs I like that out-of-the-box thinking all right
somebody says god is my Oprah that gets you the invite guest can you hear me hi yeah yeah do you have a question or a riot report from your town
[28:56]
yeah so I'm in Salt Lake and we had had a little bit of rioting we went on what is that called when they shut you down at night curfew curfew they put us on curfew I think what a car got put on fire and that was like it maybe a couple windows a few windows broken we still have protesting but the news is reporting that writing has been quelled and the police are doing a fantastic job good you know what are the odds that we would come from a covert lockdown immediately into a riot curfew like that you know the the rioters ruined the only thing that we had going for us which is Oh finally we can go outside a little bit and then next thing you know bullets and bricks are flying and mostly bricks alright thanks for the update to come to basically Mormon Switzerland I mean yes
[30:00]
basically Mormon Switzerland I mean yes the Mormons are prepared I know that about you all right well that's where I'm gonna go during the end times I'm gonna go right right to your state all right all right that seems like a safe place to be all right uh about our - watch me mispronounce this name I would ask you there was that was that was that even close to the right pronunciation of your name actually you did actually you did it better than my parents I'm I'm the 990 youngest child in my of my parents and they ran out of all the names even where I come from and even from where
[31:04]
where I come from and even from where it's not a usual name I I feel like they were sitting around and they're like all right oh I lost the connection I have to finish this law I feel like his parents were sitting around based on his story and saying all right we've gotten you know eight kids we've named them we're just added names how about yeah how about blue have we done how about I did but then they just sort of triangulate another one I'm not making funny about not making fun of your names just having fun
fun sorry you got disconnected let me see if you got back on we'll try you again if you did jump back on there you go we're gonna try you again let's try this again
what was your question I into our report yeah yeah my report you know i I've been locked down in my little apartment in Midtown Manhattan here for more than
[32:05]
Midtown Manhattan here for more than three four months now and I was so excited watching the news that all these things are going on all over Americans big cities and I go for a walk I mean kind of like Hell's Kitchen oh we lost them again all right well when you take somebody else and let's see if Michael's connections good oh
maybe not Michael doesn't seem to be connecting let's try someone else I'm not exactly sure why there are so many that don't work
hello caller can you hear me I want to tell you I really enjoy you but I wanna soak up the governor's daughter in Minnesota and de Blasio's daughter have
[33:05]
Minnesota and de Blasio's daughter have both been arrested what kind of repercussions are gonna happen arrested for what uh the Bozzio daughter was arrested for uh well she's out with the protesters yeah I I think all of the protesters will probably get off with just warnings or I don't tickets or whatever it is yeah I don't think the society cares too much about punishing some protesters who get a little bit out of hand you know it's more about crowd control I think than really punishing them so I would guess nothing not really asking about the protesters but the optics of yeah the governor and of de Blasio well actually the optics are fine because aren't they left-leaning and that and if the protesters were protesting against police brutality and they were with black lives matter I think it's all good for the left I'm not sure that hurts them one bit okay all right thank you thank you all right let's see who else
[34:10]
thank you all right let's see who else we got here let's go to ail or is it Ellie
hello Sally Ellie Ellie Ellie do you have a question or report oh yeah so
President Trump actually designated the antifa as a terrorist yeah well apparently that doesn't mean anything courts have weighed in and they've said that if you're not a foreign group it doesn't mean anything to designate it you as a as a terrorist group because there's no there's no formal anything that goes with that is just words but if they were foreign it would be a whole set of you know things you would do because of it but domestically I don't know that it means anything so I guess the president's gonna have to figure out
[35:11]
the president's gonna have to figure out what it means funny yeah I think the president will have to figure out what it means and maybe they need some new legislation or something but we could get there I mean I think we could we could you know make it more of a thing that it is so it's a good step they gets the you know he's directionally correct on this so being directionally correct is the first step maybe we get the details letter later so but thanks for bringing that up yeah we lost that connection but let's talk to Ken because he has a nice dog icon Ken are you there
ken disappeared there's something about talking to me that makes people disconnect all right let's see if Nicole's connection works Nicole can you hear me why do you have a question and/or antifa reports I have both
[36:13]
and/or antifa reports I have both actually so I went to the Boston protest today I haven't been there since like the sun's gone down but it was very well populated when I was there but didn't seem violent which is good I talked to some of the police on the scene and they weren't pleased to be there but we lost the connection you know what I think it is I think that people who are not on Wi-Fi lose the connection so if you're not on Wi-Fi you should probably not try to join as a guest because I think that's I think it's the regular cell connection that's causing everybody to fall apart we'll see if Mark's got a Wi-Fi connection here mark are you there mark mark is not there all right what am i 1 for 3 lately I can do better than that let's try Joe no Joe come on let's make
[37:20]
let's try Joe no Joe come on let's make this work Joe's and Oh are you there Joe Joe hello Oh Oh Jim do you have a question and/or anti-fire report ahead of me I too in Boston and over the last hour starting to get a little more the last couple of nights been quiet but it's starting to get a little more out of control now the most I've seen is burning a police cruiser but the crowds are getting pretty heavy right about now
quick things I got into listening to over the last two months because I was home Dudek Ovid I've become a really big fan but do you think it would be good if prayer the president addressed the nation at some point maybe to help things out well you know I've been thinking a lot about that question because I've seen a lot of his
[38:20]
because I've seen a lot of his supporters almost begging for it late last night I'm not sure he needed to do it in the middle of the night last night and uh here's my concern he is really bad at this it's the one thing that I'm gonna say unambiguously he's bad at this which is saying just the right words without the illegitimate press finding the one thing they can take out of context that make it turn it into a racist dog whistle so he may have calculated as his advisors may have as well they're saying anything at all would make it worse and he might be right about that because when he sends a tweet he can say unambiguously you know your your approach let's say you're looting is ruining the the memory of George Floyd and that's nice and clean and easy to understand and you know his side he's on but the moment he starts freestyling and you know he would freestyle it opens up
[39:22]
you know he would freestyle it opens up that possibility he uses the word thug too many times right you know he he he does the what was the thing that caused defensely when the looting starts the shooting starts which I which I doubt he was thinking of in racial terms but any of these things allow them to find something to grab onto it as a weekend theirs so I don't know if that's why he's not doing it because it's still his job right it right it's still his job and I don't know if it's I don't consider it good enough that he's just too
too and said he'd do a few things so I'm with you something needs to be said but I guarantee it will make it worse it's sort of a bad situation where he has to do it but it's gonna make it worse it just you know it well so yeah it might the other possibility is there's something else brewing something that's
[40:23]
something else brewing something that's really taking a lot of his time and I don't think I don't think it's kovat and I don't think it's there the riots if very well could be there's something international brewing that's really really big yeah and he he he just might be absorbed by that but still I would be with the critics who say it's still his job hey it doesn't matter what the reasons are that still his job so right at the moment he seems to be missing in action I would agree with you all right okay thank you comment yeah I've been wondering about that when the president's gonna make some kind of an address but it just isn't what it's just not what he's optimized for he's so good at other things but that's just not that all right that guest didn't work let's try another one let's try and Jedi Mack let's see if Jedi Mack is here hello Jedi Mack are you there my cab do you
[41:26]
Jedi Mack are you there my cab do you have a question and/or antifa report I actually have a question I just was wondering if you could speak a little bit about how you think the direction of the economy is heading because I've been seeing a lot of material about hyperinflation in the near future within the next 10 years and I was wondering if it was going to happen even sooner since all this has happened the past week well I've got a degree in economics and an MBA and I'll tell you everything I know about that question nobody knows the answer to that question the the people who were predicting anything 10 years from now you could discount that entirely because nobody can do a 10-year economic prediction even on one variable such as as inflation it just can't be done nobody's ever done it nobody ever will do it they're just too many complications so I would never worry about a ten-year economic prediction too
[42:28]
about a ten-year economic prediction too many adjustments and changes will happen before before any of that happens that said we printed digitally anyway trillions of dollars under normal circumstances that would immediately cause inflation because people would have more money but there's same amount of goods so we would bid the price up and people could raise the prices and they could get it because people have more money but in this rare situation where there's no demand because of the covetous situation you can actually print trillions of dollars and it won't immediately emphasis not immediately it won't immediately cause inflation because people can't raise prices they're lucky if they get any customers when when times are you know struggling right now so nobody knows how long it would take to get demand up to the point where we have too much money for the amount of demand or products whatever so it probably won't happen in a few years
[43:29]
it probably won't happen in a few years and then of course we don't have to print any more money between now and then because we'd have enough money in the system presumably so there's at least some possibility that this will all work out and I'd love to give this example which is everybody smart in economics and finance everybody a hundred percent of experts would have told you you can't have strong growth and inflation basically disappearing those keya happen at the same time okay and then and then Trump did it he did it now I'm not saying he did it personally but he was the president when it happened and it's not supposed to even be physically mathematically that the physics of the economics just don't make any sense so with something was something that basic I mean that is incredibly basic and the experts said it couldn't be done and it was what about the most basic can we pay back our debts well nobody
[44:30]
can we pay back our debts well nobody knows believe it or not nobody knows we don't know how much we could service we don't know how much it big I could get and we'd still be fine nobody knows at all it's completely unknowable so people have opinions but definitely nobody knows so I'm not sure if that gives you any comfort but what I would say is we probably have lots of flexibility as you tweak things and engineer things and you know patch things up as we go we tell I think sorry there's a delay sources were there saying that we're printing a lot of money now to to help with the unemployment and then like when the insurance rates go up then they'll have to somehow print more money and then that's going to cause the hyperinflation so that's this well well as as long as the economy is crippled meaning that demand is low you can sort of print a
[45:31]
demand is low you can sort of print a lot of money trillions and trillions so we'll see you that nobody knows but it certainly so your friends point is well in the category of things you should consider but probably not something you need to worry about right away thank you so much thank you all right I think I'm going to end it about here I think it's a terribly tragic day for the black community in this country and if they I'll make the offer and I've been making it for several years actually the same offer if there are any specific changes the laws or policies that they can suggest they would make this situation better let me help I'd be happy to help help you persuade and that's all I got for now and I will talk to you tomorrow