Real Coffee with Scott Adams - May 19, 2020


Episode 984 Scott Adams: Talking About Those Disagreeing Doctors, Pelosi's Insults, Artistic Breakthroughs


Episode Stats

Length

44 minutes

Words per Minute

153.38896

Word Count

6,839

Sentence Count

466

Misogynist Sentences

2

Hate Speech Sentences

5


Summary

In this episode, I talk about a cool thing that happens in the life of creators, and why you should be lucky if it happens to you once in your life. And I also talk about the time I saw the name of my character, Dilbert, and it changed my life.


Transcript

00:00:00.000 Bum bum, bum bum, bum bum, bum bum.
00:00:03.560 Bum bum bum, bum.
00:00:05.880 Bum bum bum, bum, bum bum, bum.
00:00:09.340 Hey, everybody.
00:00:11.200 You found it.
00:00:12.840 You found the best place to be in the morning.
00:00:17.800 Congratulations on you.
00:00:20.600 That's the way to start the day, isn't it?
00:00:23.020 Yeah, it is.
00:00:25.500 Want to get it going even better?
00:00:27.400 You do?
00:00:28.600 Okay.
00:00:28.940 Okay, all you have to do is find yourself a cupper, mugger, a glass of tanker, chalice, or stand, a canteen jugger, a flask, a vessel of any kind, fill it with your favorite liquid.
00:00:41.220 I like coffee.
00:00:42.360 And join me now for the unparalleled pleasure, the dopamine hit of the day, the thing that makes everything better, including the damn pandemic.
00:00:50.300 It's called the simultaneous sip, and it happens now.
00:00:53.560 Go.
00:00:57.820 Mmm.
00:00:58.940 I can feel the zinc being delivered to my ACE2 inhibitors.
00:01:06.340 Don't even know what any of that means.
00:01:08.480 But it feels good.
00:01:10.220 Sure does.
00:01:12.400 So, as people are pouring in, let me tell you about a cool thing that happens in the life of artists or creators.
00:01:20.380 Whatever you want to call me.
00:01:22.140 I usually don't call myself an artist, because that's just that word, I don't know.
00:01:26.560 There's something wrong with the word artist that just rubs me wrong.
00:01:30.420 So I'd rather be a creator than an artist.
00:01:32.960 And there's a cool thing that happens in the life of creators, and you're lucky if it would happen to you once in your life.
00:01:41.320 Because it's such a cool feeling.
00:01:43.960 And I'll tell you one of the times that happened.
00:01:46.220 Once was, I was in my cubicle in 1988 at Pacific Bell.
00:01:53.080 And I was drawing little comics on my whiteboard in my cubicle, and I started developing this character, Dilbert.
00:02:01.620 Now, he didn't have a name.
00:02:03.020 He was just a sort of a technology worker in a big company, like the people I was working with.
00:02:08.560 So he was a composite of people I worked with.
00:02:10.900 But he didn't have a name.
00:02:13.440 And so I had a name the nerd contest.
00:02:17.180 So I put a little label that says, name the nerd.
00:02:19.460 And I drew the picture of what would become Dilbert.
00:02:21.760 And people would come into my cubicle all day long, and they'd say, huh, he looks like he'd be an Irving.
00:02:27.820 And they'd write it down.
00:02:29.120 Ah, I think he'd be Poindexter.
00:02:31.780 And I'd write it down.
00:02:32.540 I think he'd be Bruce.
00:02:33.600 And every time I'd see a name, I'd look at it, and I'd go, no, no, he's not a Bruce.
00:02:41.420 He's not a Poindexter.
00:02:44.180 He's not an Irving.
00:02:46.540 And one day, my boss at the time came in, and he goes, I got it.
00:02:51.720 And he walks over, and I can remember it like it was today.
00:02:55.420 He picks up dry erase marker.
00:02:58.240 You know, I'm sitting in my chair, and the picture is just so amazingly burned into my memory.
00:03:05.120 And he writes on the board, D-I-L-B-E-R-T.
00:03:15.760 And he puts the top back on the pen.
00:03:18.760 And he goes, that's the name of your character.
00:03:21.620 And I said, what just happened to me?
00:03:25.320 Because I actually felt my entire body go down a tunnel, like I had just gone forward in time, into the future.
00:03:38.180 And I saw the name on the character and felt it like I had experienced the future.
00:03:45.500 And as he starts talking, I felt myself going back down the tunnel, the other direction, bam.
00:03:55.180 And I was back in 1988.
00:03:57.920 And I just looked at that name, and I looked at it on the board, and I thought, what just happened?
00:04:05.320 What just happened?
00:04:07.480 I feel like I just saw the future.
00:04:09.320 From about that moment on, I could not have been talked out of Dilbert working.
00:04:18.880 Because from that moment, I just saw it.
00:04:21.620 And all I did was follow it.
00:04:23.560 I didn't even make it happen, it felt like.
00:04:25.760 I mean, obviously, I did make it happen.
00:04:27.740 But it felt like I was just following the path that I had just seen.
00:04:30.800 Now, if you could have that happen once in your life, it's amazing.
00:04:37.880 There are these moments of creative or artistic clarity when things just happen.
00:04:43.520 Now, of course, you could always explain it as false memory, or I'm making up the story or something.
00:04:48.580 So there's no way that you would fully appreciate what that did to my head.
00:04:54.300 Because it really messed me up to see reality just get turned inside out like that.
00:05:01.440 Or at least my experience of reality.
00:05:03.180 The base reality probably didn't change at all.
00:05:07.300 Then there was another point.
00:05:11.060 There was a point when I launched the comic, and it wasn't really successful.
00:05:16.060 Well, it wasn't successful.
00:05:18.280 So it was another comic that was going to get launched, do a few years, and disappear.
00:05:23.460 But people kept emailing me and saying, you know, Dilbert should be in the office.
00:05:29.360 It needs to be an office comic.
00:05:31.200 And the moment I realized that I could turn it into an office comic,
00:05:36.140 all of the tumblers of the gears came together, and it was like, click, click, click.
00:05:42.560 Oh, yeah.
00:05:43.480 If I just make this an office comic, it's easier to write.
00:05:48.660 You know, it's going to relate to these people.
00:05:51.080 And it was the answer.
00:05:53.580 So that was like a second moment when I had this creative clarity.
00:05:58.300 It's like, oh, yeah.
00:05:59.440 And then Dilbert found its voice.
00:06:02.040 And that's sort of an artist talk.
00:06:04.600 Art is no good until it finds its voice.
00:06:07.640 So it can bump around being almost right forever, and it'll never catch on.
00:06:12.260 But there's that moment where it locks in, and you go, ah, there's the voice.
00:06:18.120 And the voice is, let's say in the case of the Dilbert comic, it's the pointy-haired boss's perspective versus the cubicle worker.
00:06:26.240 So once you understand it as pointy-haired management versus, you know, employee, that's the voice.
00:06:34.800 And then you could write it forever.
00:06:36.860 Well, an interesting thing happened.
00:06:38.660 I've been playing with this comic called Robots Read News, where it's just a static picture.
00:06:43.160 Three pictures of a robot, always the same, but he's reading the news.
00:06:46.540 And I've been doing it for a few years now, like off and on.
00:06:51.860 I'd trot it out and try it, and it was all right.
00:06:56.060 You know, every once in a while, it'd be a good one, but not really.
00:06:59.760 And the other day, I was playing with it, and I realized that if all I do is make the Robots Read News the way CNN does,
00:07:09.260 it'll be hilarious.
00:07:10.560 And that CNN is my pointy-haired boss.
00:07:17.020 And the moment that locked in, you can't believe how easy it is to write these comics now.
00:07:24.260 Just as an experiment with about three minutes before I went live,
00:07:29.640 I wanted to see if I could write one from scratch in three minutes.
00:07:34.100 I did. It's pretty good.
00:07:36.240 And all I did was I looked at the CNN homepage,
00:07:38.680 and I just scanned the headlines for their most ridiculous story.
00:07:45.440 I was like, oh, there it is.
00:07:47.460 Their most ridiculous interpretation.
00:07:49.980 And I just made a comic that basically says what they say.
00:07:53.800 I just put it into sort of funny comic words,
00:07:56.700 which is so easy, it's ridiculous.
00:08:01.380 So the other thing that came together is,
00:08:03.300 you know, I'm keeping most of those comics will be for subscribers on Locals.
00:08:09.220 And I didn't plan it that way, but I just sort of, I tested this at the same time I was testing Locals,
00:08:14.480 and I thought, well, I guess that'll be its main home.
00:08:17.520 And the other thing is that I can make the characters say anything I want.
00:08:21.780 So I can make them curse, I can make them be offensive.
00:08:25.540 Do you know how long I've waited for this moment?
00:08:28.780 How long I've waited, as a creator, to be able to write a comic
00:08:34.580 in which the only thing that matters is that what they say is funny.
00:08:39.320 Now, of course, I'll do a little bit of self-censorship,
00:08:41.940 because, you know, my own sensibilities are not so extreme
00:08:45.800 that it needs to be, you know, gross or something.
00:08:48.200 But the fact that I don't ever have to control my first impulse of what would be hilarious
00:08:54.100 is a freeing experience that I can't even explain.
00:08:58.880 To have it happen again, well, really, for the first time,
00:09:02.200 it's like a completely free experience.
00:09:05.100 I'm so happy I can't even stand it on that one front.
00:09:09.060 All right, so that's just a little tour of what...
00:09:12.660 Oh, let me give you some other examples of that.
00:09:18.400 There are moments when, for example, I was writing my book,
00:09:22.420 Loser Think, or Win Bigly.
00:09:26.100 When you realize exactly how to do it...
00:09:29.360 When I wrote Win Bigly, those of you who read it know,
00:09:31.920 that it's a series of persuasion lessons about how to persuade,
00:09:36.860 but it didn't come together until I realized I could wrap it around the story of the election.
00:09:42.540 And once I understood it as something that would layer on top of a story,
00:09:47.380 and my experience of it, it was like, ding, ding, ding, it all came together.
00:09:51.920 So those are the moments that the creator can almost see the future.
00:09:56.360 Probably not really, but it feels like it.
00:09:58.780 Now, of course, the big story today is Trump saying he was going to take...
00:10:01.980 that he is taking hydroxychloroquine and zinc, the important part.
00:10:05.280 Now, I did a more detailed video on this last night.
00:10:10.160 If you want to see my opinion of all the hydroxychloroquine,
00:10:13.840 I did, I think, a good job of laying out the thinking last night.
00:10:17.860 That's worth seeing if you didn't see it.
00:10:19.400 But the summary is this.
00:10:21.720 If you find yourself getting into online battles
00:10:24.760 about whether the president is being crazy and reckless
00:10:29.980 and ruining the world by announcing that he's taking this unproven drug.
00:10:34.600 Unproven, I say.
00:10:36.440 Unproven.
00:10:37.920 Here are some things to say to defend yourself online.
00:10:42.280 Number one, this unproven drug has been taken by many people
00:10:46.260 for various conditions for decades and decades.
00:10:49.820 Can you produce for me the statistics
00:10:52.740 showing the number of people who are dying from it?
00:10:54.640 I'd like to see the URL, you know, just something that shows
00:10:58.360 that, in fact, there are some health risks.
00:11:02.260 You will first notice it's really hard to find that.
00:11:05.520 I'm not sure it exists.
00:11:07.560 Okay, that's the first thing.
00:11:08.960 It's because somebody did look for it and couldn't find it.
00:11:11.360 But if you can find it, I'd like to see it.
00:11:13.060 So that's the first thing.
00:11:16.380 It's like, do you have some data that would suggest it's dangerous?
00:11:19.700 I know you say it's dangerous.
00:11:22.140 But what would be, for example, a source of information?
00:11:26.300 Because I know you like your science, don't you?
00:11:29.500 You love your science.
00:11:31.440 You love your data.
00:11:32.480 You don't want to be listening to old orange man bad.
00:11:35.380 So instead of listening to Trump on this medical condition,
00:11:39.120 why don't I listen to you, dear Troll on Twitter?
00:11:44.320 I would like to take your advice on this.
00:11:46.780 Could you provide me the link to that source
00:11:49.480 that describes the number of people, statistics specifically,
00:11:54.040 of the people who have been damaged by this drug?
00:11:56.740 Because now that we have decades of experience of it,
00:11:59.320 we probably have a pretty good idea how many thousands is killed.
00:12:03.460 Right?
00:12:05.140 Now, if somebody could find that link, it would be interesting.
00:12:07.380 But I don't think it exists.
00:12:09.640 I don't think anybody has that.
00:12:11.660 So that's the first thing.
00:12:12.760 So first you want to go after their sense of certainty.
00:12:15.480 And then here's the next thing.
00:12:16.600 You want the high ground kill shot?
00:12:18.020 Yeah, you do.
00:12:21.000 Eric Fedman, good to see you.
00:12:23.060 Here's the high ground kill shot.
00:12:27.160 This is a risk management decision,
00:12:29.780 not just a medical decision.
00:12:31.380 And unless, dear Trolls,
00:12:34.860 you can show me your risk management calculation
00:12:38.580 with an actual decision tree
00:12:41.480 that says if you go this way and you take it,
00:12:44.640 there's this percentage it'll help,
00:12:46.680 this percentage it'll kill you,
00:12:48.100 I'm this age or these comorbidities,
00:12:51.240 so I have this level of risk,
00:12:52.920 versus the other path.
00:12:55.160 And the other path is,
00:12:56.520 well, maybe it'll help.
00:12:59.280 Don't really know.
00:13:00.160 I'd have to put an assumption on that.
00:13:01.840 10% chance?
00:13:03.500 Make your assumption and then do the math.
00:13:06.460 Now, if somebody is telling you
00:13:07.760 that the president's making a poor medical decision,
00:13:12.300 you should say,
00:13:13.380 well, that's funny
00:13:14.820 because it's not really a medical decision.
00:13:17.280 It's a cost-benefit decision
00:13:19.180 in which the medical advice is part of it.
00:13:23.400 And the president is making a cost-benefit decision.
00:13:26.260 If you think he's wrong,
00:13:28.120 I think you could talk me into that.
00:13:31.200 So, by the way,
00:13:32.240 this is a persuasion technique.
00:13:34.660 Instead of starting out by saying,
00:13:36.800 you're wrong, I'm right,
00:13:38.320 which just hardens everybody's defenses,
00:13:41.300 try saying to somebody
00:13:42.540 who thinks that the president's giving bad
00:13:44.500 medical-slash-risk-management advice,
00:13:48.360 say this,
00:13:49.540 I think you could talk me into that.
00:13:52.240 I think you could convince me.
00:13:53.820 Can I see your math?
00:13:56.700 And they say, math?
00:13:59.100 I don't have any math.
00:14:00.140 Yeah, you know,
00:14:01.160 when you did the cost-benefit calculation,
00:14:05.120 what did you multiply?
00:14:07.120 What risk factors did you assume?
00:14:09.200 Because if you did the math right,
00:14:11.300 and I agree with your assumptions,
00:14:13.020 I think we're both looking at the same news,
00:14:15.540 I'll take your assumptions,
00:14:17.520 I'll check your math,
00:14:18.960 and if it's right,
00:14:21.580 if it's right,
00:14:26.020 I'll change my mind.
00:14:27.940 Because it's really just a math question, right?
00:14:30.740 We don't have to disagree.
00:14:32.900 It's not about my priorities.
00:14:35.460 It's not about my preferences.
00:14:37.000 This is one of those rare cases
00:14:39.500 where it's just math.
00:14:41.760 And if your math and mine disagreed,
00:14:43.840 it would be because we had an assumption
00:14:45.780 that was different.
00:14:47.420 The assumption might be that,
00:14:49.560 you know,
00:14:50.080 the risk of taking it is X versus something else.
00:14:53.080 But we would at least know
00:14:54.300 what the difference in assumption was.
00:14:56.520 So,
00:14:57.300 do you think anybody's ever done that math?
00:15:00.100 No.
00:15:02.200 No.
00:15:03.360 I don't even think the experts have.
00:15:05.860 Because you'd probably see it on the news
00:15:07.600 or on social media by now.
00:15:09.320 So,
00:15:09.880 I would challenge any of you
00:15:11.160 to simply put that little spreadsheet together.
00:15:15.200 I don't know how many numbers on the spreadsheet.
00:15:17.240 It's not a lot, right?
00:15:18.800 Maybe a dozen different numbers and assumptions.
00:15:21.160 That's it.
00:15:21.840 That's your whole model right there.
00:15:23.920 And just show your assumptions.
00:15:26.160 Give us the spreadsheet.
00:15:27.860 You know,
00:15:28.040 we'll tweak it to get our own number.
00:15:30.120 Then we'll be on the same page.
00:15:31.900 But here's the thing.
00:15:33.200 Do not let anybody get away with telling you
00:15:37.120 that he made a bad risk management decision
00:15:41.080 unless they're willing to show their work.
00:15:44.400 Because if they can't show their work,
00:15:46.560 they're just blah, blah, blah.
00:15:48.740 And there's nothing coming out.
00:15:50.680 Right?
00:15:51.180 So,
00:15:51.720 don't accept it without the math.
00:15:53.740 They've got to show their work
00:15:55.100 or they're in the same boat you are.
00:15:57.580 Just guessing.
00:16:00.420 All right.
00:16:02.120 I loved watching.
00:16:05.340 And I don't,
00:16:06.040 this is not a joke.
00:16:07.120 I know that you think
00:16:08.360 that maybe this is hyperbole.
00:16:10.360 But when I read CNN in the morning,
00:16:12.280 which I do every day,
00:16:13.660 I do it for the jokes.
00:16:16.520 Not just making jokes about it,
00:16:18.860 which is fun as well,
00:16:20.360 but because it literally makes me laugh
00:16:22.380 to watch, you know,
00:16:23.900 how hard they strain
00:16:25.060 to tell their version of it.
00:16:27.320 Now,
00:16:27.560 I'm not saying that Fox News
00:16:28.740 doesn't also do that.
00:16:30.800 I'm just saying that
00:16:31.640 for whatever reason,
00:16:32.960 CNN is just funnier about it.
00:16:34.480 I don't know why.
00:16:35.960 I mean,
00:16:36.420 maybe it's because of,
00:16:37.680 you know,
00:16:37.840 my bias or something.
00:16:39.660 But,
00:16:40.220 here's one of the lines
00:16:42.420 from one of the opinion pieces
00:16:44.000 that said,
00:16:45.580 the president's health care
00:16:47.700 is normally the best.
00:16:51.540 Normally.
00:16:52.520 So,
00:16:53.040 they just throw out
00:16:53.780 a little question mark
00:16:56.320 about whether the president
00:16:57.780 has a good doctor.
00:16:58.820 Yeah,
00:17:00.540 well,
00:17:00.740 normally it's the best.
00:17:02.820 But,
00:17:03.820 since we as CNN
00:17:05.080 are disagreeing
00:17:06.760 with what the professionally trained
00:17:08.660 top of his field doctor
00:17:11.480 is saying,
00:17:11.980 let's use our CNN judgment
00:17:15.020 to say that,
00:17:16.200 you know,
00:17:16.720 normally,
00:17:17.340 normally it'd be the best,
00:17:19.000 but,
00:17:20.360 I don't know,
00:17:20.820 we'll just leave that
00:17:21.420 as an open question,
00:17:22.460 but normally it'd be good.
00:17:26.200 All right,
00:17:27.060 and of course,
00:17:28.360 CNN is
00:17:29.180 trying to mock
00:17:30.820 Fox News
00:17:31.600 for being
00:17:33.280 inconsistent
00:17:34.020 in their coverage.
00:17:35.420 And what they do
00:17:36.460 is they say
00:17:36.940 that the Fox News
00:17:38.120 can't decide
00:17:39.660 whether the hydroxychloroquine
00:17:41.820 decision by Trump
00:17:42.820 is a reasonable one
00:17:44.620 as opposed to being right.
00:17:46.780 You can only say
00:17:47.520 whether it's reasonable.
00:17:49.220 Is it reasonable
00:17:50.200 or sort of unscientific
00:17:52.100 and doltish
00:17:52.860 and dangerous?
00:17:54.460 And they blame
00:17:55.400 Fox News
00:17:56.140 for not being able
00:17:57.060 to decide
00:17:57.680 and being on both sides
00:17:58.840 of the question.
00:17:59.580 And they used
00:18:00.060 examples of
00:18:01.180 Neil Cavuto
00:18:01.800 saying things
00:18:03.040 and having an expert on
00:18:04.040 and Laura Ingram,
00:18:04.840 et cetera.
00:18:05.800 And here's the funny way
00:18:07.300 they framed it.
00:18:08.040 They framed it
00:18:09.760 as Fox News
00:18:10.720 can't decide.
00:18:12.920 Fox News
00:18:13.620 had doctors on.
00:18:15.440 It was the doctors
00:18:16.300 who couldn't decide.
00:18:18.040 It wasn't Fox News
00:18:19.480 that was inconsistent.
00:18:21.600 Fox News
00:18:22.320 had actual
00:18:23.140 trained doctors on
00:18:24.400 one after another
00:18:25.920 and those
00:18:26.920 actual trained doctors
00:18:28.420 did not have
00:18:29.040 the same opinions.
00:18:30.540 That's not Fox News
00:18:31.840 being inconsistent.
00:18:33.480 That is the medical
00:18:34.880 community
00:18:35.620 being inconsistent.
00:18:38.040 That's what that is.
00:18:39.720 To report that
00:18:40.920 it's Fox News
00:18:41.900 being inconsistent
00:18:43.000 when the news
00:18:44.640 is coming directly
00:18:45.480 from the mouths
00:18:46.180 of the actual
00:18:47.140 medical professionals
00:18:48.180 while you're
00:18:48.680 looking at it.
00:18:50.000 That is just
00:18:50.900 an amazingly
00:18:51.720 ballsy
00:18:52.620 framing.
00:18:56.280 All right.
00:18:56.620 But in any event,
00:18:57.640 the president
00:18:58.240 is completely
00:18:59.280 right.
00:19:01.280 He's right
00:19:01.880 that it's reasonable
00:19:02.800 for him to
00:19:03.720 take the risk.
00:19:05.260 And even on CNN,
00:19:07.540 I think
00:19:07.860 one of the
00:19:09.620 experts,
00:19:10.480 a doctor,
00:19:11.580 said that in the
00:19:12.360 specific situation
00:19:13.480 of the president,
00:19:15.120 because he would be
00:19:16.100 monitored so closely
00:19:17.240 for his health,
00:19:18.900 that he doesn't have
00:19:19.620 the same risk
00:19:20.320 as, say,
00:19:21.320 someone else
00:19:22.000 in his same situation
00:19:23.040 who might be
00:19:24.580 on hydroxychloroquine.
00:19:26.800 Maybe they're not
00:19:27.660 monitored as closely
00:19:29.460 so they would have
00:19:30.120 a little extra risk.
00:19:31.340 So even CNN's
00:19:33.280 expert was saying,
00:19:34.100 yeah,
00:19:35.060 the president's
00:19:35.640 kind of a special
00:19:36.380 case.
00:19:37.300 It's not the same
00:19:38.120 risk as everybody
00:19:38.980 else.
00:19:40.420 And I don't think,
00:19:41.480 you know,
00:19:41.740 I guess it was
00:19:42.720 that a case of CNN
00:19:43.640 having inconsistent
00:19:44.860 coverage,
00:19:46.600 because the expert,
00:19:48.120 and then the expert
00:19:48.880 actually was asked
00:19:50.000 to weigh in
00:19:50.480 on Trump's doctor,
00:19:52.720 and the expert
00:19:53.400 said, yeah,
00:19:53.980 it's just a tough
00:19:54.700 call.
00:19:55.620 I don't know
00:19:56.040 what I would do
00:19:56.480 in that case.
00:19:56.960 It's a tough call.
00:19:58.460 So even CNN's
00:19:59.780 expert,
00:20:00.200 that they bring
00:20:01.240 on basically
00:20:02.060 to say that
00:20:02.760 Trump's doctor
00:20:03.440 is stupid
00:20:04.040 or made a bad
00:20:05.280 decision,
00:20:05.960 you wouldn't
00:20:06.540 do it.
00:20:07.900 So even CNN
00:20:09.020 can't determine
00:20:10.000 if it's a good
00:20:10.720 idea or a bad
00:20:11.480 idea,
00:20:11.940 but they can
00:20:12.620 determine
00:20:13.060 that there's
00:20:14.900 a risk involved
00:20:16.040 and that reasonable
00:20:17.200 people are on
00:20:17.940 both sides.
00:20:19.200 But they've
00:20:20.120 turned it into
00:20:20.660 an amazing story
00:20:21.680 of Trump supporters
00:20:24.040 being dumb,
00:20:24.880 so dumb that
00:20:25.460 we'll drink bleach
00:20:26.460 because of the
00:20:27.940 fake news.
00:20:28.600 And now they're
00:20:30.320 doing the thing
00:20:30.840 where they get
00:20:31.440 multiple examples,
00:20:33.320 but they're all
00:20:34.040 fake news.
00:20:35.300 So they can add
00:20:36.320 the president's
00:20:38.480 statements on
00:20:39.060 hydroxychloroquine
00:20:40.240 by turning it
00:20:41.340 into fake news
00:20:42.240 about the president
00:20:42.960 thinks an unproven
00:20:44.080 drug works,
00:20:45.220 which is not
00:20:45.760 what's happening.
00:20:46.940 He just thinks
00:20:47.580 that given the
00:20:48.760 uncertainty,
00:20:49.600 he likes the
00:20:50.460 odds.
00:20:50.900 That's it.
00:20:51.780 But they turn it
00:20:52.420 into he's promoting
00:20:54.060 unscientifically valid
00:20:56.640 drugs.
00:20:57.640 And then they'll
00:20:58.040 add that to the
00:20:58.740 other fake news
00:20:59.600 that he promoted,
00:21:01.160 which they actually
00:21:01.660 did today,
00:21:02.240 of course.
00:21:03.040 They added it to
00:21:03.860 the fake news
00:21:04.420 that he promoted
00:21:05.120 drinking disinfectants,
00:21:07.240 which of course
00:21:08.580 didn't happen.
00:21:09.620 So now they've
00:21:10.400 got like a list.
00:21:11.380 All right,
00:21:11.640 well he did this,
00:21:12.980 he did A.
00:21:14.500 You know,
00:21:14.820 if A alone was
00:21:16.020 the only thing he
00:21:16.600 did,
00:21:17.000 well that'd be
00:21:17.520 one thing.
00:21:18.160 But he's also
00:21:18.940 done B.
00:21:20.260 And I'm pretty
00:21:21.040 sure there's a C
00:21:21.960 out there that's
00:21:22.620 another fake news
00:21:23.620 that I'll think of
00:21:24.160 it in a minute.
00:21:24.600 But now that
00:21:25.580 they've got their
00:21:26.160 fake news laundry
00:21:27.400 list,
00:21:28.800 what do I tell you
00:21:29.500 about the laundry
00:21:30.060 list?
00:21:30.860 You don't need a
00:21:31.920 laundry list if you
00:21:33.040 have one good
00:21:33.580 thing.
00:21:35.940 All right,
00:21:37.320 kudos to Nancy
00:21:39.180 Pelosi for
00:21:40.900 learning the
00:21:42.060 Trump insult
00:21:43.220 technique.
00:21:44.420 I think she got
00:21:45.220 it right.
00:21:46.320 Did you hear what
00:21:46.940 Pelosi said about
00:21:47.880 Trump?
00:21:50.140 Now,
00:21:51.620 I like to
00:21:52.880 preface this by
00:21:53.720 saying,
00:21:54.600 I do not
00:21:55.500 approve of
00:21:56.140 fat shaming.
00:21:57.700 Don't approve
00:21:58.500 of fat shaming
00:21:59.900 no matter who
00:22:00.540 it is.
00:22:01.640 Now,
00:22:01.920 some of that
00:22:02.500 comes down to
00:22:03.260 my thoughts
00:22:03.940 about free
00:22:04.680 will.
00:22:05.760 You know,
00:22:06.040 there's nobody,
00:22:07.380 nobody weighs
00:22:08.380 300 pounds
00:22:09.260 because they
00:22:09.780 decided to do
00:22:10.620 it.
00:22:11.000 You know,
00:22:11.320 they woke up
00:22:11.900 and said,
00:22:12.200 hey,
00:22:12.340 I think I'll
00:22:12.660 be 300 pounds.
00:22:13.900 So,
00:22:14.480 there's something
00:22:15.020 about free
00:22:15.680 will,
00:22:16.080 there's something
00:22:16.400 about the
00:22:16.820 way,
00:22:17.440 you know,
00:22:18.140 different people
00:22:18.800 are wired,
00:22:20.080 that what is
00:22:20.660 easy for some
00:22:21.740 is maybe
00:22:23.760 impossible for
00:22:24.580 others,
00:22:24.840 depending on
00:22:25.600 what you think
00:22:26.040 about free
00:22:26.480 will.
00:22:27.620 And so,
00:22:28.320 philosophically,
00:22:30.680 I just,
00:22:31.240 I don't,
00:22:32.620 I just don't
00:22:33.340 buy into
00:22:34.040 mocking people
00:22:35.280 for their
00:22:35.780 weight,
00:22:36.280 in any case,
00:22:38.020 because it's
00:22:39.680 just too much
00:22:40.180 part of the
00:22:40.580 human experience,
00:22:41.460 right?
00:22:41.640 but watching
00:22:46.100 Nancy Pelosi
00:22:46.860 do it to
00:22:47.460 Trump,
00:22:48.560 I can't say
00:22:49.220 I hate that.
00:22:50.680 I can't say
00:22:51.600 that I
00:22:51.900 dislike that,
00:22:53.240 because it
00:22:54.640 sort of
00:22:55.100 turned about
00:22:55.720 as fair play,
00:22:56.540 right?
00:22:56.840 You know,
00:22:57.060 Trump has
00:22:57.480 defined the
00:22:58.040 playing field,
00:22:58.700 she's just
00:22:59.080 playing on it.
00:23:00.360 And so,
00:23:01.420 she has this
00:23:02.080 great line,
00:23:02.680 which you knew
00:23:03.080 was going to
00:23:03.420 be national
00:23:04.000 news,
00:23:04.420 and it was.
00:23:06.020 She said,
00:23:07.480 Pelosi said,
00:23:08.200 he's our
00:23:08.720 president,
00:23:09.680 and I would
00:23:10.240 rather,
00:23:10.520 this is funny,
00:23:11.960 she pretends
00:23:13.160 to show
00:23:13.540 fake concern,
00:23:15.020 he's our
00:23:15.540 president,
00:23:16.100 and I would
00:23:16.720 rather he
00:23:17.160 not be taking
00:23:17.840 something that
00:23:18.880 has not been
00:23:19.480 approved by
00:23:20.060 the scientists,
00:23:21.160 especially in
00:23:21.940 his age group,
00:23:23.000 and his,
00:23:24.020 shall we say,
00:23:25.140 weight group,
00:23:26.300 morbidly obese,
00:23:27.780 they say.
00:23:29.620 Now,
00:23:30.200 here's the best
00:23:30.760 part,
00:23:31.160 and the part
00:23:31.580 that made me
00:23:32.040 love it,
00:23:33.580 is that the
00:23:34.640 last two words,
00:23:35.920 comma,
00:23:36.720 they say,
00:23:38.020 because she
00:23:39.560 did what
00:23:39.980 Trump does,
00:23:40.940 which Trump
00:23:41.460 always says,
00:23:42.320 well,
00:23:42.580 they're saying,
00:23:43.480 everybody's telling
00:23:44.400 me,
00:23:45.060 a lot of
00:23:45.440 people are
00:23:45.780 doing,
00:23:46.580 everybody's
00:23:47.140 saying,
00:23:47.860 so it's a
00:23:48.580 Trumpism to
00:23:49.480 take the
00:23:50.040 insult away
00:23:50.560 from yourself
00:23:51.060 and say,
00:23:51.420 well,
00:23:51.600 they say,
00:23:52.860 they say
00:23:53.360 you're morbidly
00:23:53.980 obese.
00:23:55.540 I might argue
00:23:56.540 with them,
00:23:57.000 but I'm just
00:23:57.780 reporting what
00:23:58.440 they say.
00:24:00.360 They say.
00:24:01.940 Now,
00:24:02.320 do you think
00:24:02.680 there was any
00:24:03.740 chance that
00:24:05.160 the phrase
00:24:05.680 morbidly obese
00:24:06.960 would not be
00:24:07.540 a headline
00:24:07.880 today?
00:24:10.300 So,
00:24:11.140 if I'm
00:24:13.100 being fair,
00:24:15.720 right,
00:24:16.000 if I'm just
00:24:16.480 talking about
00:24:17.040 technique,
00:24:18.380 not whose
00:24:19.000 side you
00:24:19.460 agree with,
00:24:21.920 Pelosi gets
00:24:23.080 the win for
00:24:24.100 the day.
00:24:24.500 That's the
00:24:24.780 play of the
00:24:25.220 day.
00:24:26.680 It's impossible
00:24:27.680 to ignore,
00:24:29.920 and it's
00:24:30.780 pretty effective.
00:24:32.500 Well done.
00:24:33.360 So,
00:24:36.340 there's that
00:24:36.700 study of
00:24:37.380 some church
00:24:38.640 choir group,
00:24:40.220 and I guess
00:24:40.640 they determined
00:24:41.240 that being
00:24:42.720 in a crowded
00:24:44.020 room and
00:24:44.560 singing together
00:24:45.340 is just about
00:24:45.960 the worst
00:24:46.420 thing you
00:24:46.780 can do
00:24:47.100 if one
00:24:47.720 of you
00:24:47.960 has the
00:24:48.380 coronavirus.
00:24:49.640 So,
00:24:50.200 if you
00:24:50.440 think anybody
00:24:51.040 you know
00:24:51.380 has the
00:24:51.760 coronavirus,
00:24:53.220 do not
00:24:53.640 get in a
00:24:54.160 small room
00:24:54.700 with them
00:24:55.140 and then
00:24:55.660 sing loudly
00:24:56.740 for many
00:24:57.960 minutes at a
00:24:58.540 time.
00:24:59.560 Turns out
00:25:00.100 that would
00:25:00.500 be a bad
00:25:01.080 thing.
00:25:01.540 But,
00:25:02.200 I'd like to
00:25:02.980 point out
00:25:03.320 a possible
00:25:03.840 good thing.
00:25:05.320 This could
00:25:05.940 be the
00:25:06.440 beginning of
00:25:06.900 the end
00:25:07.180 of car
00:25:07.600 singing.
00:25:09.640 Are you
00:25:10.320 a fan of
00:25:10.840 singing in
00:25:11.640 cars?
00:25:12.940 Because I
00:25:13.420 have this
00:25:13.760 weird situation
00:25:14.560 going on.
00:25:18.680 I'm not
00:25:19.280 going to
00:25:19.460 say it.
00:25:21.300 I was
00:25:21.860 going to
00:25:22.060 tell you a
00:25:22.440 story,
00:25:22.880 but I
00:25:23.540 think I'll
00:25:23.820 skip it.
00:25:25.860 Let me
00:25:26.380 just say
00:25:26.700 this.
00:25:27.220 No,
00:25:27.400 I'm going
00:25:27.580 to tell
00:25:27.780 you the
00:25:28.000 story.
00:25:29.440 Christina,
00:25:30.060 if you're
00:25:30.300 watching this,
00:25:31.260 you'll laugh
00:25:31.760 at it.
00:25:32.980 I've
00:25:35.020 told you
00:25:35.260 before that
00:25:35.700 I don't
00:25:35.980 listen to
00:25:36.760 music
00:25:37.360 just sort
00:25:38.780 of casually
00:25:39.940 as a
00:25:40.700 hobby.
00:25:41.980 I treat
00:25:42.720 music as
00:25:43.380 more of a
00:25:44.000 medicinal
00:25:44.540 thing.
00:25:45.860 If I
00:25:46.180 can find
00:25:46.580 some music
00:25:47.060 that works
00:25:47.500 for my
00:25:48.020 exercise
00:25:48.760 routine,
00:25:49.540 that would
00:25:49.780 be good.
00:25:51.720 Etc.
00:25:52.500 It's
00:25:52.940 basically,
00:25:53.960 I'm using
00:25:54.680 it specifically
00:25:55.580 to inject
00:25:56.520 the music
00:25:57.080 to change
00:25:57.680 my mood
00:25:58.160 in a way
00:25:58.540 I want
00:25:58.940 to,
00:25:59.840 not just
00:26:00.340 randomly
00:26:00.820 listening to
00:26:01.420 the radio.
00:26:02.380 So if
00:26:02.720 you don't
00:26:03.060 randomly
00:26:03.560 listen to
00:26:04.120 music,
00:26:04.820 and you're
00:26:05.160 not around
00:26:05.560 other people
00:26:06.260 who are
00:26:06.600 randomly
00:26:07.020 putting on
00:26:07.620 music that
00:26:08.100 you would
00:26:08.380 hear,
00:26:09.220 you never
00:26:09.880 hear new
00:26:10.320 music.
00:26:11.500 So I
00:26:12.160 can go
00:26:12.700 months at
00:26:13.340 a time
00:26:13.840 without
00:26:14.300 knowing
00:26:14.740 there's a
00:26:15.120 new
00:26:15.240 his song,
00:26:16.420 because I
00:26:17.300 just have
00:26:17.680 never turned
00:26:18.160 on anything
00:26:18.620 that's
00:26:19.320 presenting me
00:26:20.060 random
00:26:20.340 music,
00:26:21.160 except if
00:26:23.280 I'm in
00:26:23.560 the car.
00:26:24.820 So if
00:26:25.260 you're in
00:26:25.440 the car,
00:26:25.980 it's not
00:26:26.320 unusual that
00:26:27.080 whoever you're
00:26:27.940 with will
00:26:28.280 turn on the
00:26:28.760 radio,
00:26:29.600 and then I'll
00:26:30.340 get to hear
00:26:30.700 new songs.
00:26:31.660 So really
00:26:32.040 the only
00:26:32.380 time I
00:26:32.720 would ever
00:26:32.940 get to
00:26:33.180 hear a
00:26:33.380 new song
00:26:33.800 is in
00:26:35.380 the car
00:26:35.840 and on
00:26:36.620 the radio.
00:26:37.400 Now if
00:26:37.760 you're driving
00:26:38.240 and there's
00:26:39.180 somebody in
00:26:40.100 the seat
00:26:40.320 next to
00:26:40.720 you,
00:26:41.420 who is
00:26:42.040 operating
00:26:42.480 the radio?
00:26:44.120 Could be
00:26:44.660 either one
00:26:45.020 of you,
00:26:45.520 but if I'm
00:26:46.140 driving,
00:26:46.660 and I
00:26:46.840 usually am,
00:26:48.140 I would
00:26:48.700 rather not
00:26:49.280 be the one
00:26:49.740 who's also
00:26:50.320 the DJ,
00:26:51.740 because it's,
00:26:52.360 you know,
00:26:52.680 why should I
00:26:53.620 take my
00:26:54.100 attention off
00:26:55.440 the road?
00:26:56.000 I'm driving.
00:26:56.500 So the
00:26:57.100 DJ is
00:26:57.620 always the
00:26:57.960 passenger in
00:26:58.620 my car.
00:26:59.660 If I'm
00:27:00.100 in charge,
00:27:00.940 I'm driving,
00:27:02.680 the passenger is
00:27:03.820 the DJ.
00:27:04.460 It's just
00:27:04.720 safer that way.
00:27:06.120 Now the
00:27:06.420 DJ, of course,
00:27:07.500 is going to be
00:27:07.860 going through
00:27:08.220 the radio
00:27:08.920 dial and
00:27:10.200 picking good
00:27:10.860 songs and
00:27:11.880 skipping bad
00:27:12.640 songs, right?
00:27:14.000 So I'm never
00:27:14.940 going to hear a
00:27:15.560 new song that's
00:27:17.040 a bad song,
00:27:18.220 because the
00:27:19.160 DJ will turn
00:27:20.320 the station as
00:27:21.520 soon as the
00:27:22.140 first few notes
00:27:22.760 come on.
00:27:23.100 Ah, not that
00:27:23.680 one.
00:27:24.340 Ah, not
00:27:24.780 that one.
00:27:25.420 Ah, not
00:27:25.840 that one.
00:27:26.680 So now I'll
00:27:27.940 never hear a
00:27:28.420 bad song, but
00:27:29.680 at least I'll
00:27:30.120 hear the good
00:27:30.600 songs, because
00:27:31.980 the DJ will
00:27:32.800 have selected
00:27:33.360 the good
00:27:33.800 song.
00:27:34.600 So the
00:27:35.140 good song
00:27:35.620 comes on,
00:27:36.920 and what
00:27:37.980 do you do
00:27:38.340 to a good
00:27:38.820 song?
00:27:40.160 Well, if
00:27:40.800 you're in a
00:27:41.160 car, and
00:27:42.620 you like
00:27:42.960 music, and
00:27:43.660 a good song
00:27:44.220 comes on,
00:27:44.720 you sing
00:27:45.080 along, right?
00:27:47.200 Now I
00:27:47.800 can't sing
00:27:48.220 along because
00:27:48.640 I've never
00:27:48.980 heard the
00:27:49.280 song.
00:27:50.720 So Christina
00:27:51.400 sings along
00:27:52.080 to the
00:27:53.420 song.
00:27:53.900 That's the
00:27:54.240 first time I
00:27:54.820 would have
00:27:55.060 ever heard
00:27:55.420 this song,
00:27:56.460 except that
00:27:57.160 if you've
00:27:57.600 ever been
00:27:57.920 in a car
00:27:58.540 where the
00:27:59.920 song is
00:28:00.360 on and
00:28:00.840 there's also
00:28:01.280 somebody singing
00:28:02.080 along, you
00:28:03.260 don't exactly
00:28:04.360 hear the
00:28:04.820 song.
00:28:05.620 You hear
00:28:05.980 more of the
00:28:06.440 version of
00:28:06.940 the person
00:28:07.300 singing it.
00:28:09.400 So I
00:28:10.940 think I've
00:28:11.540 gone years
00:28:12.080 without actually
00:28:12.760 hearing a
00:28:13.240 new song.
00:28:15.940 That's not
00:28:16.580 quite true,
00:28:17.700 but it is
00:28:18.480 true that I'll
00:28:19.520 never hear one
00:28:20.160 on my own.
00:28:21.460 I'll only hear
00:28:22.180 one when
00:28:22.780 Christina's
00:28:23.680 playing either
00:28:24.560 her playlist
00:28:25.200 or something
00:28:26.300 that she's
00:28:27.360 controlling in
00:28:27.980 the car.
00:28:29.040 She doesn't
00:28:29.620 play bad
00:28:30.120 ones, so
00:28:31.260 if it's a
00:28:31.600 bad song,
00:28:32.100 I'll never
00:28:32.400 hear it.
00:28:33.380 And the
00:28:33.700 good ones,
00:28:34.120 she sings
00:28:34.500 along.
00:28:35.340 So I
00:28:35.620 actually haven't
00:28:36.160 heard a new
00:28:36.580 song in years.
00:28:38.300 True story.
00:28:40.980 Christina,
00:28:41.600 when you're
00:28:41.880 watching this,
00:28:42.400 just kidding.
00:28:44.700 But keep
00:28:45.360 singing,
00:28:45.920 because I
00:28:46.200 like it.
00:28:46.560 here's a
00:28:51.180 financial tip
00:28:51.820 for you.
00:28:53.260 I tweeted
00:28:53.900 this.
00:28:55.280 If you
00:28:55.740 were once
00:28:56.200 injured by
00:28:56.860 taking
00:28:57.180 hydroxychloroquine
00:28:58.280 for a few
00:28:58.780 weeks,
00:28:59.540 back when you
00:29:01.080 had to take
00:29:01.560 it for your
00:29:02.020 whatever,
00:29:02.720 your malaria
00:29:03.240 or your lupus
00:29:04.140 or your
00:29:04.720 rheumatoid
00:29:05.680 arthritis,
00:29:06.620 if you had
00:29:07.660 bad side
00:29:08.220 effects and
00:29:09.120 it damaged
00:29:10.000 you in some
00:29:10.540 way,
00:29:11.460 don't give
00:29:11.980 that story
00:29:12.480 away for
00:29:12.880 free.
00:29:13.160 because I
00:29:14.560 know a
00:29:14.900 news network
00:29:15.420 that would
00:29:15.740 pay a
00:29:16.060 million dollars
00:29:16.800 for a
00:29:17.200 good personal
00:29:18.140 story about
00:29:19.460 somebody who
00:29:19.980 was injured
00:29:20.360 by the
00:29:21.040 president's
00:29:21.620 drug
00:29:21.940 hydroxychloroquine.
00:29:23.860 So that's
00:29:24.560 just a little
00:29:24.960 tongue-in-cheek
00:29:25.560 financial advice
00:29:27.140 for you.
00:29:27.660 Don't give
00:29:28.120 that stuff
00:29:28.560 away.
00:29:29.300 Somebody would
00:29:29.800 pay a
00:29:30.060 million dollars
00:29:30.620 for that
00:29:30.980 story.
00:29:32.560 All right.
00:29:33.260 So a big
00:29:33.980 coronavirus death
00:29:35.040 model got
00:29:36.540 tweaked
00:29:37.020 slightly down.
00:29:39.260 So not
00:29:40.380 much,
00:29:41.200 but I think
00:29:41.740 it's one of
00:29:42.080 the first,
00:29:42.440 well,
00:29:43.160 it's one of
00:29:43.600 the rare
00:29:43.920 times that
00:29:44.500 they've
00:29:44.740 tweaked it
00:29:45.140 down,
00:29:45.920 and nobody
00:29:46.600 expected it
00:29:47.260 to be tweaked
00:29:47.740 down to,
00:29:48.300 now it's
00:29:48.640 143,000
00:29:50.460 people,
00:29:51.080 to die by
00:29:51.960 August 4th.
00:29:52.760 That's the
00:29:53.160 model.
00:29:54.280 And I
00:29:55.800 thought to
00:29:56.140 myself,
00:29:57.220 that's a
00:29:58.720 really good
00:29:59.360 sign,
00:29:59.840 isn't it?
00:30:01.320 Because we've
00:30:02.260 been reopening
00:30:02.940 places,
00:30:03.980 so to be
00:30:04.580 reopening things
00:30:05.580 and to have
00:30:06.220 even a minor
00:30:07.180 tweak downward
00:30:08.620 in the death
00:30:09.300 rate now,
00:30:10.940 I don't know
00:30:12.020 what that's
00:30:12.400 going to do
00:30:12.760 to the
00:30:13.020 stock market,
00:30:13.760 but that's
00:30:14.140 a pretty
00:30:14.580 hopeful sign.
00:30:16.060 If two
00:30:16.880 weeks from
00:30:17.400 now,
00:30:18.480 the death
00:30:19.020 rate is
00:30:19.700 projected
00:30:20.840 down or
00:30:22.840 the same,
00:30:25.100 we got
00:30:25.920 this thing.
00:30:27.820 In two
00:30:28.640 weeks,
00:30:29.180 we're going
00:30:29.660 to know a
00:30:30.160 lot.
00:30:31.460 Think about
00:30:31.880 it.
00:30:32.360 Because,
00:30:32.700 you know,
00:30:32.820 you've got
00:30:33.120 the incubation
00:30:35.200 period,
00:30:35.560 so I
00:30:36.580 don't
00:30:36.740 think we've
00:30:37.360 yet seen
00:30:38.000 the effect
00:30:39.300 of states
00:30:40.180 reopening.
00:30:40.980 It's probably
00:30:41.300 a little early
00:30:41.920 for that.
00:30:42.640 But imagine
00:30:43.140 if we go
00:30:43.660 two weeks
00:30:44.320 and the
00:30:45.860 death rate
00:30:46.400 is either
00:30:47.800 modestly
00:30:48.820 down,
00:30:49.700 projected,
00:30:51.500 or,
00:30:52.600 you know,
00:30:52.920 even the
00:30:53.280 same,
00:30:54.120 or even a
00:30:54.640 little bit
00:30:54.920 up,
00:30:55.700 just a
00:30:56.140 little bit.
00:30:57.320 In two
00:30:58.160 weeks,
00:30:58.900 if we can
00:30:59.460 flatten this
00:31:00.080 thing while
00:31:00.620 also going
00:31:01.360 back to
00:31:02.360 work,
00:31:02.680 we win.
00:31:05.980 That's how
00:31:06.540 close we
00:31:07.100 are.
00:31:08.860 Think about
00:31:09.540 that.
00:31:10.220 So you're
00:31:10.900 thinking,
00:31:11.460 you're probably
00:31:11.860 thinking in
00:31:12.320 terms of,
00:31:12.980 oh God,
00:31:13.560 the end
00:31:13.940 of this
00:31:14.400 is when?
00:31:16.760 2021?
00:31:17.880 Is it the
00:31:18.220 end of the
00:31:18.580 year?
00:31:19.240 Your brain
00:31:20.060 is putting
00:31:20.540 like a,
00:31:21.720 you feel like
00:31:22.540 you're more
00:31:22.980 at the beginning
00:31:23.680 of it than
00:31:24.680 at the end.
00:31:25.700 But I would
00:31:26.220 suggest to
00:31:26.800 you that in
00:31:28.160 two weeks,
00:31:29.820 this is the
00:31:30.440 most optimistic
00:31:31.040 thing I could
00:31:31.740 say,
00:31:32.080 because we
00:31:32.340 don't know
00:31:32.700 this will
00:31:33.000 happen.
00:31:33.980 But in
00:31:34.320 two weeks,
00:31:34.860 if that
00:31:35.220 death rate
00:31:35.760 looks flat
00:31:36.580 or a
00:31:38.560 little bit
00:31:38.980 down,
00:31:39.940 you know,
00:31:40.240 the way it's
00:31:40.620 predicted anyway,
00:31:41.600 not the
00:31:41.880 actual,
00:31:42.280 but the
00:31:42.500 prediction,
00:31:43.160 if we get
00:31:44.060 that in
00:31:44.520 two weeks,
00:31:45.520 we win.
00:31:47.860 In two
00:31:48.620 weeks,
00:31:49.000 if that
00:31:49.360 death rate
00:31:49.820 hasn't moved,
00:31:50.880 there's nothing
00:31:51.860 you can do
00:31:52.420 to keep the
00:31:52.920 American public
00:31:53.640 indoors.
00:31:54.940 There's nothing
00:31:55.820 you can do
00:31:56.420 from keeping
00:31:57.060 the American
00:31:57.560 public from
00:31:58.700 reopening their
00:31:59.500 businesses.
00:32:00.780 If in two
00:32:02.080 weeks,
00:32:02.420 that number
00:32:02.920 looks flat,
00:32:04.340 it's over.
00:32:06.300 Now,
00:32:06.820 it's not
00:32:07.120 over for
00:32:07.580 anybody who
00:32:08.160 in the future
00:32:09.400 will suffer
00:32:10.180 and die.
00:32:10.760 There will be
00:32:11.100 tragedies.
00:32:12.340 It's just
00:32:12.940 unavoidable.
00:32:14.220 But the
00:32:15.520 long horror
00:32:16.740 of the
00:32:17.220 shutdown,
00:32:18.680 at least
00:32:19.720 intellectually,
00:32:20.940 psychologically,
00:32:22.080 and for all
00:32:22.840 practical purposes,
00:32:24.820 we might know
00:32:25.900 something in
00:32:26.460 two weeks.
00:32:27.120 because if
00:32:28.360 that number
00:32:28.800 doesn't move,
00:32:30.280 what the
00:32:30.740 hell would
00:32:31.220 keep you
00:32:31.660 from total
00:32:32.700 social,
00:32:34.240 what would
00:32:35.140 you call
00:32:35.400 it,
00:32:37.200 an acceptable
00:32:38.420 protest,
00:32:39.720 let's say,
00:32:40.420 of just
00:32:40.760 going back
00:32:41.200 to work.
00:32:42.440 All right.
00:32:44.540 Here's an
00:32:45.180 interesting thing.
00:32:46.300 I've often
00:32:46.900 talked about
00:32:47.480 CNN's
00:32:48.120 Fareed
00:32:48.720 Zakaria
00:32:49.460 because I
00:32:50.120 like how
00:32:50.560 his mind
00:32:51.100 works.
00:32:52.440 His take
00:32:53.520 on things
00:32:54.060 is often
00:32:55.220 non-standard
00:32:56.220 and in a
00:32:56.980 good way.
00:32:57.820 If you like
00:32:58.800 to think
00:32:59.200 about things
00:32:59.660 in a new
00:32:59.960 way,
00:33:00.300 his program
00:33:00.840 is excellent.
00:33:02.020 I always
00:33:02.360 enjoy watching
00:33:02.980 it.
00:33:05.820 He had
00:33:06.620 a long
00:33:07.380 little monologue.
00:33:08.920 I think it
00:33:09.280 was yesterday.
00:33:10.900 Here's just a
00:33:11.800 sentence from
00:33:12.400 him.
00:33:12.580 I think it's
00:33:13.000 extraordinary.
00:33:14.680 He says,
00:33:15.120 imagine you're
00:33:15.680 an American
00:33:16.120 who works
00:33:16.680 with his
00:33:17.060 hands and
00:33:18.280 you've lost
00:33:18.740 your job
00:33:19.280 because of
00:33:19.700 the lockdown.
00:33:20.720 You turn
00:33:21.160 on the
00:33:21.460 TV and
00:33:22.140 hear medical
00:33:22.780 experts,
00:33:23.680 academics,
00:33:24.400 technocrats,
00:33:25.080 and journalists
00:33:25.640 explain we
00:33:26.960 must keep
00:33:27.440 the economy
00:33:27.980 closed.
00:33:29.240 All these
00:33:29.780 people making
00:33:30.820 that case
00:33:31.600 have jobs.
00:33:34.440 It was a
00:33:34.960 pretty strong
00:33:35.380 piece and
00:33:36.040 he makes
00:33:36.320 the case
00:33:36.840 that we
00:33:39.020 think we're
00:33:39.560 doing,
00:33:40.140 we think
00:33:40.800 we're making
00:33:41.240 medical
00:33:41.780 health
00:33:42.460 decisions,
00:33:43.900 but somewhat
00:33:45.100 accidentally
00:33:45.960 it became
00:33:47.240 class decisions
00:33:48.320 because the
00:33:49.600 people making
00:33:50.260 these,
00:33:50.700 stay safe
00:33:52.360 pronouncements
00:33:53.160 are getting
00:33:53.760 paid and
00:33:54.440 the people
00:33:54.840 who are
00:33:55.200 being told
00:33:55.740 to stay
00:33:56.160 safe are
00:33:56.680 not.
00:33:57.960 And it's
00:33:58.960 not even
00:33:59.400 close to
00:34:01.600 being a
00:34:02.680 credible
00:34:05.320 situation.
00:34:06.860 It's the
00:34:07.200 sort of thing
00:34:07.620 you could
00:34:07.900 take for a
00:34:08.420 little while
00:34:08.880 because the
00:34:09.500 experts do
00:34:10.060 have some
00:34:10.500 capital,
00:34:11.900 but it's not
00:34:12.720 something you
00:34:13.180 can take in
00:34:13.640 the long
00:34:14.000 term because
00:34:15.040 the stark
00:34:16.280 difference between
00:34:17.240 the people who
00:34:17.720 have jobs and
00:34:18.340 the ones who
00:34:18.720 don't,
00:34:19.700 we're going
00:34:20.620 to notice
00:34:20.980 that.
00:34:22.240 We're going
00:34:22.540 to notice
00:34:22.880 that.
00:34:25.120 Mark Cuban
00:34:26.020 continues to
00:34:26.840 be productive
00:34:28.160 and one of
00:34:28.980 the top
00:34:30.340 voices I
00:34:31.040 think so
00:34:31.420 far in
00:34:32.720 terms of
00:34:33.400 the coronavirus
00:34:34.360 situation.
00:34:35.480 Stepping up
00:34:36.220 into a
00:34:37.240 leadership
00:34:38.120 mode,
00:34:38.860 much
00:34:39.260 appreciated.
00:34:40.980 And he's
00:34:41.620 got some
00:34:41.900 ideas totally
00:34:43.380 worth looking
00:34:44.220 at.
00:34:44.360 one is
00:34:44.740 that he
00:34:45.560 doesn't
00:34:45.860 think the
00:34:46.180 free market
00:34:46.780 is going
00:34:48.180 to produce
00:34:48.620 the 18
00:34:49.280 million jobs
00:34:50.000 that we
00:34:50.300 need fairly
00:34:51.220 soon after
00:34:51.920 in the next
00:34:53.700 two years,
00:34:54.160 he says.
00:34:55.160 And he's
00:34:55.840 talking about
00:34:56.280 some kind
00:34:56.700 of a federal
00:34:57.820 job guarantee,
00:34:58.920 not unlike
00:34:59.600 the Depression,
00:35:01.020 in which you
00:35:01.420 just basically
00:35:02.040 have the
00:35:02.360 government hire
00:35:03.820 the unemployed
00:35:04.560 and put them
00:35:05.220 to work
00:35:05.640 building and
00:35:06.620 constructing
00:35:07.100 things that
00:35:07.700 have to be
00:35:08.100 built and
00:35:08.560 constructed
00:35:09.020 anyway.
00:35:09.420 And as
00:35:12.400 he points
00:35:12.820 out, it's
00:35:13.240 not the
00:35:13.640 kind of
00:35:14.020 idea you
00:35:14.600 would have
00:35:14.940 looked at
00:35:15.440 if we'd
00:35:16.520 been locked
00:35:16.880 down for
00:35:17.280 a month.
00:35:18.540 If we'd
00:35:19.140 only been
00:35:19.420 locked down
00:35:19.800 for a
00:35:20.100 month,
00:35:20.900 well, let
00:35:21.820 the free
00:35:22.160 market just
00:35:22.680 recover and
00:35:23.260 do its
00:35:23.540 thing.
00:35:24.560 But we've
00:35:25.380 reached a
00:35:25.760 point where
00:35:26.340 the free
00:35:27.000 market's
00:35:27.460 going to
00:35:27.620 be maybe
00:35:28.360 a little
00:35:28.640 sluggish,
00:35:29.900 putting
00:35:30.180 everybody
00:35:30.520 back to
00:35:31.040 work.
00:35:31.880 And since
00:35:32.180 we need
00:35:32.540 the
00:35:32.680 infrastructure
00:35:33.080 anyway,
00:35:34.720 and because
00:35:35.140 as far as
00:35:35.640 I can tell,
00:35:36.320 we can
00:35:36.800 print money,
00:35:38.220 I still
00:35:39.300 have a
00:35:39.640 big
00:35:39.760 question
00:35:40.100 mark
00:35:40.340 there,
00:35:40.660 but it
00:35:41.920 looks like
00:35:42.320 we can
00:35:42.600 still print
00:35:43.040 money.
00:35:44.380 So why
00:35:44.840 not?
00:35:45.940 I would
00:35:46.520 say that
00:35:47.020 Mark Cuban's
00:35:48.140 suggestion for
00:35:48.880 a jobs,
00:35:50.460 federal job
00:35:51.460 guarantee,
00:35:52.720 I think that
00:35:53.560 should be in
00:35:54.040 the top
00:35:55.800 three things
00:35:56.840 that we're
00:35:57.140 thinking about,
00:35:57.880 don't you?
00:35:59.300 I don't know
00:35:59.860 if there's
00:36:00.100 anything wrong
00:36:00.580 with that.
00:36:01.600 Is there
00:36:01.980 anything wrong
00:36:02.680 with that
00:36:02.940 idea?
00:36:03.320 It looks
00:36:03.560 like it's
00:36:04.680 just a
00:36:06.640 good idea.
00:36:08.700 And then
00:36:09.200 Mark Cuban
00:36:10.040 goes on
00:36:10.480 and says
00:36:10.760 the government
00:36:11.200 until things
00:36:13.380 are sorted
00:36:13.780 out,
00:36:14.340 we should
00:36:14.560 get a
00:36:14.800 thousand
00:36:15.060 dollar
00:36:15.300 check
00:36:15.660 every
00:36:16.820 two
00:36:17.080 weeks
00:36:17.320 to
00:36:17.460 every
00:36:17.660 household
00:36:18.140 with the
00:36:19.080 caveat
00:36:19.360 that it
00:36:19.800 expires in
00:36:20.560 ten days
00:36:21.040 if you
00:36:21.300 don't use
00:36:21.680 it.
00:36:22.600 That's a
00:36:22.980 good add.
00:36:24.660 I don't
00:36:24.880 know how
00:36:25.160 you could
00:36:25.500 give people
00:36:25.960 money that
00:36:26.480 expires
00:36:27.100 though.
00:36:28.380 Can you
00:36:29.020 take it
00:36:29.380 out of
00:36:29.580 their
00:36:29.700 account?
00:36:30.840 How do
00:36:31.120 you do
00:36:31.340 that?
00:36:32.160 I don't
00:36:32.620 know if
00:36:32.840 there's a
00:36:33.120 mechanism
00:36:33.440 for doing
00:36:33.960 that.
00:36:34.180 You could
00:36:34.360 do it
00:36:34.600 if people
00:36:35.660 had digital
00:36:36.280 wallets or
00:36:37.000 something,
00:36:37.380 but not
00:36:38.020 everybody
00:36:38.280 does.
00:36:40.320 Just so
00:36:40.960 you know,
00:36:41.280 Mark Cuban
00:36:42.300 has an
00:36:42.720 advisory role.
00:36:43.720 He's on
00:36:44.080 Trump's
00:36:45.280 Opening
00:36:45.560 Our
00:36:45.780 Country
00:36:46.160 Economic
00:36:47.260 Council.
00:36:48.480 He's in
00:36:48.820 the right
00:36:49.060 place at
00:36:49.400 the right
00:36:49.600 time,
00:36:50.040 and those
00:36:50.260 are
00:36:50.400 productive
00:36:50.820 ideas.
00:36:52.620 Honestly,
00:36:53.360 when I
00:36:53.580 see stuff
00:36:54.060 like that,
00:36:55.820 I ask
00:36:56.740 myself,
00:36:58.040 why aren't
00:36:59.540 there more
00:37:00.080 Mark Cubans
00:37:01.020 doing this
00:37:01.600 sort of
00:37:01.940 thing?
00:37:02.380 It feels
00:37:03.260 like he's
00:37:03.660 unusually
00:37:04.400 productive
00:37:04.940 with ideas
00:37:06.740 that are
00:37:07.340 all
00:37:07.960 within
00:37:08.260 the,
00:37:09.260 I would
00:37:09.700 say every
00:37:10.040 one of
00:37:10.340 his ideas
00:37:10.980 is well
00:37:12.300 within the
00:37:12.920 let's
00:37:13.460 consider
00:37:13.820 this
00:37:14.140 range.
00:37:16.940 Somebody
00:37:17.380 says a
00:37:17.800 debit card
00:37:18.420 would do
00:37:19.100 it.
00:37:19.440 Yeah,
00:37:19.640 if we
00:37:19.940 could put
00:37:20.320 that
00:37:20.520 together,
00:37:21.420 if we
00:37:21.740 could do
00:37:22.040 it,
00:37:22.300 if you
00:37:22.580 could get
00:37:22.980 everybody
00:37:23.460 a debit
00:37:23.880 card,
00:37:25.280 it just
00:37:25.860 doesn't seem
00:37:26.320 like that's
00:37:26.700 something you
00:37:27.080 could do
00:37:27.340 that quickly.
00:37:28.740 Maybe.
00:37:31.760 Yeah,
00:37:32.220 not everybody
00:37:32.680 can handle
00:37:33.100 a Bitcoin,
00:37:33.760 but if they
00:37:34.220 could,
00:37:34.860 you'd have
00:37:35.420 something.
00:37:37.960 I saw a
00:37:38.560 great tweet
00:37:39.380 by somebody
00:37:40.400 whose name
00:37:40.920 I forgot
00:37:41.420 to copy
00:37:42.320 and paste
00:37:42.740 into my
00:37:43.160 notes,
00:37:44.100 but he
00:37:44.900 makes a
00:37:45.260 really good
00:37:45.600 point,
00:37:46.060 that the
00:37:46.600 experience
00:37:47.080 with closing
00:37:48.260 the schools
00:37:49.040 and having
00:37:49.740 the situation
00:37:50.400 where you
00:37:51.420 got online
00:37:52.140 school and
00:37:53.040 homeschooling
00:37:53.940 and it was
00:37:55.440 just a mess,
00:37:57.000 sort of
00:37:57.600 highlighted the
00:37:58.400 flaws in the
00:37:59.100 system.
00:38:00.320 And this
00:38:01.100 one, I
00:38:01.880 assume he's
00:38:02.380 a parent.
00:38:02.840 I wish I'd
00:38:04.960 written down
00:38:05.360 who it was
00:38:05.920 because it
00:38:06.200 was a good
00:38:06.480 idea.
00:38:07.320 But there
00:38:07.820 was some
00:38:08.080 blue check
00:38:08.480 person with
00:38:09.000 a good idea
00:38:09.460 and he
00:38:09.720 said that
00:38:10.260 we should
00:38:11.420 be rethinking
00:38:12.080 school in
00:38:13.120 terms of
00:38:13.660 permanently
00:38:14.140 making it
00:38:14.840 a hybrid.
00:38:16.040 And the
00:38:16.260 hybrid is
00:38:16.960 not just
00:38:17.840 go to
00:38:18.280 school and
00:38:18.760 stay there
00:38:19.220 all day
00:38:19.640 and not
00:38:20.640 just
00:38:21.060 homeschool,
00:38:23.180 but rather
00:38:23.720 almost certainly
00:38:24.740 there's some
00:38:25.440 kind of a
00:38:25.840 hybrid in
00:38:26.540 which you do
00:38:26.940 a little bit
00:38:27.440 in person
00:38:27.940 and a little
00:38:28.420 bit at
00:38:29.420 home or on
00:38:30.060 your own
00:38:30.320 pace or
00:38:30.700 something.
00:38:30.940 And I
00:38:33.400 thought that
00:38:33.780 was a good
00:38:34.620 take on
00:38:36.600 it because
00:38:37.680 I would
00:38:38.700 agree it's
00:38:39.200 not just
00:38:39.620 going to
00:38:39.960 go all
00:38:41.260 homeschool or
00:38:42.200 online because
00:38:42.920 it just doesn't
00:38:43.740 work well
00:38:44.320 that yet.
00:38:45.620 But I also
00:38:46.380 think it
00:38:46.740 can't be
00:38:47.260 go to
00:38:47.840 school all
00:38:48.340 day.
00:38:49.100 There's
00:38:49.460 something wrong
00:38:49.980 with that
00:38:50.280 model too.
00:38:51.580 So I like
00:38:52.160 this.
00:38:52.560 There's
00:38:52.700 somewhere in
00:38:53.100 between.
00:38:54.520 Someplace
00:38:55.020 in between.
00:38:56.120 That's good.
00:38:57.180 All right.
00:39:00.940 Well,
00:39:02.580 well,
00:39:02.760 well.
00:39:05.140 So again,
00:39:06.080 we are
00:39:06.320 $30 trillion
00:39:06.980 in debt.
00:39:09.120 And
00:39:09.600 answer,
00:39:11.100 open up
00:39:11.620 and quit
00:39:12.340 printing.
00:39:13.520 Mark Cuban
00:39:14.120 is wrong.
00:39:14.980 All right.
00:39:15.200 For those
00:39:15.580 of you who
00:39:16.320 are talking
00:39:16.760 about the
00:39:17.420 debt,
00:39:19.300 be advised
00:39:20.220 that there's
00:39:21.920 no expert
00:39:22.580 agreement on
00:39:23.760 the debt.
00:39:24.480 I'm not even
00:39:25.240 sure anybody
00:39:25.800 understands it
00:39:26.740 because the
00:39:27.760 first thing you
00:39:28.280 need to know
00:39:28.740 is that when
00:39:29.400 we're printing
00:39:29.980 money,
00:39:30.460 that's not
00:39:31.040 like our
00:39:32.060 normal debt.
00:39:34.460 And I'm not
00:39:35.220 even sure anybody
00:39:35.900 understands how
00:39:37.080 any of this
00:39:37.560 works.
00:39:38.180 I mean,
00:39:38.340 I've got a
00:39:38.940 degree in
00:39:39.420 economics and
00:39:40.780 I can't tell
00:39:41.520 you that
00:39:42.720 printing money
00:39:43.320 is necessarily
00:39:44.020 going to be
00:39:44.460 bad in this
00:39:45.420 specific situation.
00:39:47.320 It looks like
00:39:48.340 it might be
00:39:50.100 good.
00:39:51.020 I don't know.
00:39:52.300 But don't
00:39:53.420 fall into the
00:39:54.400 trap of
00:39:55.020 thinking that
00:39:55.660 before this
00:39:57.020 happened,
00:39:57.560 you knew that
00:39:58.220 debt was
00:39:58.640 bad,
00:39:59.100 right?
00:40:00.900 Everybody
00:40:01.180 knew debt
00:40:01.740 was bad,
00:40:02.320 it's going
00:40:02.540 to crush
00:40:02.920 us,
00:40:03.200 it's going
00:40:03.460 to kill
00:40:03.720 us all,
00:40:04.440 it's a
00:40:04.820 matter of
00:40:05.160 time,
00:40:05.620 it's a
00:40:05.880 time bomb
00:40:06.400 waiting to
00:40:06.880 go off.
00:40:08.440 But that's
00:40:09.020 not this
00:40:09.620 situation.
00:40:10.560 This
00:40:11.000 situation is
00:40:11.800 that we
00:40:12.440 might be
00:40:12.860 able to
00:40:13.140 print
00:40:13.360 trillions
00:40:13.800 of dollars
00:40:14.280 and have
00:40:14.860 no lasting
00:40:16.200 impact
00:40:16.720 because
00:40:17.860 inflation
00:40:18.640 just went
00:40:19.160 away.
00:40:22.220 Well,
00:40:22.800 you know,
00:40:23.080 somebody's
00:40:23.440 laughing with
00:40:24.160 that emoji
00:40:24.980 saying this
00:40:25.580 time is
00:40:25.980 different.
00:40:26.360 this
00:40:28.880 time is
00:40:29.300 always
00:40:29.540 different.
00:40:31.000 So that's
00:40:32.040 a clever
00:40:32.380 little thing
00:40:33.700 you said,
00:40:34.280 oh,
00:40:34.520 this time
00:40:34.960 is different.
00:40:35.820 But the
00:40:36.200 fact is
00:40:36.620 every time
00:40:37.100 is different.
00:40:38.280 If you're
00:40:38.600 trying to
00:40:39.440 learn from
00:40:39.960 history,
00:40:41.080 you're the
00:40:41.920 dumbest
00:40:42.280 person in
00:40:42.760 the conversation
00:40:43.460 because history
00:40:44.660 doesn't repeat.
00:40:45.940 It can't.
00:40:47.080 Because when
00:40:47.800 history did
00:40:48.380 what it did
00:40:48.820 last time,
00:40:49.600 people noticed.
00:40:50.420 And if
00:40:51.820 you notice
00:40:52.260 what it
00:40:52.600 did last
00:40:53.040 time,
00:40:53.420 that tells
00:40:53.900 you to
00:40:54.240 modify this
00:40:55.000 time.
00:40:56.160 So history
00:40:56.760 doesn't really
00:40:57.780 repeat.
00:40:59.060 Things get
00:40:59.580 adjusted because
00:41:00.420 of the last
00:41:00.920 way things
00:41:01.380 went.
00:41:04.420 All right.
00:41:05.940 Somebody says
00:41:06.720 it's hugely
00:41:07.340 inflationary down
00:41:09.180 the road,
00:41:09.760 but not
00:41:10.260 immediately.
00:41:11.240 We don't
00:41:11.940 really know
00:41:12.360 that.
00:41:13.320 We don't
00:41:13.680 really know
00:41:14.060 that.
00:41:15.600 Because
00:41:16.120 remember,
00:41:17.600 prior to the
00:41:18.880 coronavirus,
00:41:19.660 we would
00:41:20.080 have said
00:41:20.400 it would
00:41:20.640 be impossible
00:41:21.280 to have
00:41:21.700 growth as
00:41:22.340 good as
00:41:22.660 it was
00:41:23.100 and no
00:41:23.540 inflation.
00:41:24.720 Right?
00:41:25.160 I believe
00:41:26.040 something like
00:41:26.720 100% of
00:41:27.620 economists
00:41:28.180 would have
00:41:28.740 said that
00:41:29.840 the year
00:41:30.260 2019
00:41:31.000 wasn't
00:41:31.580 possible.
00:41:32.940 It wasn't
00:41:33.280 even
00:41:33.500 mathematically
00:41:34.100 possible.
00:41:35.260 That you
00:41:35.680 would have
00:41:36.060 low inflation
00:41:37.320 and great
00:41:38.620 growth.
00:41:39.800 Those two
00:41:40.540 things just
00:41:41.000 aren't supposed
00:41:41.400 to work
00:41:41.760 together.
00:41:42.700 But they
00:41:43.400 did.
00:41:44.260 So when
00:41:44.880 you're saying
00:41:45.280 to yourself,
00:41:45.940 well,
00:41:46.780 the obvious
00:41:47.700 mathematical
00:41:48.720 outcome of
00:41:49.860 printing
00:41:50.220 money and
00:41:51.000 adding it
00:41:51.480 to the
00:41:51.780 system is
00:41:52.840 that when
00:41:53.200 things
00:41:53.480 recover,
00:41:54.500 there'll be
00:41:54.880 too much
00:41:55.360 of it
00:41:55.700 sloshing
00:41:56.160 around
00:41:56.560 still.
00:41:58.980 I don't
00:41:59.640 think anybody
00:42:00.100 knows that.
00:42:01.280 Because we
00:42:01.960 didn't even
00:42:02.380 know that
00:42:03.880 2019 could
00:42:04.860 have growth
00:42:05.360 and no
00:42:05.780 inflation,
00:42:06.460 or low
00:42:06.760 inflation.
00:42:07.540 We didn't
00:42:08.020 know that
00:42:08.380 either.
00:42:09.340 Apparently,
00:42:10.000 we don't
00:42:10.560 know how
00:42:10.960 the basic
00:42:11.500 economy works.
00:42:13.100 And when
00:42:13.360 I say we,
00:42:14.080 I mean,
00:42:15.140 there don't
00:42:15.580 seem to be
00:42:16.000 any experts
00:42:16.620 who could
00:42:16.960 predict even
00:42:18.760 something that
00:42:19.460 basic that
00:42:21.140 you could
00:42:21.500 have growth
00:42:22.100 without
00:42:22.400 inflation.
00:42:23.660 That's as
00:42:24.160 basic as
00:42:24.900 you can
00:42:25.200 get in
00:42:26.700 economics.
00:42:28.020 And we
00:42:28.240 couldn't even
00:42:28.620 see that
00:42:29.160 coming.
00:42:30.220 So when
00:42:31.080 you're saying
00:42:31.440 to yourself,
00:42:32.720 you know,
00:42:33.540 I am certain
00:42:34.260 with my
00:42:34.880 lack of
00:42:35.420 economic
00:42:35.900 education,
00:42:37.240 I am certain
00:42:38.060 that we're
00:42:38.440 running up
00:42:38.900 debt or
00:42:39.380 causing
00:42:39.740 inflation,
00:42:40.980 well,
00:42:41.300 you can be
00:42:41.860 certain about
00:42:42.480 that,
00:42:43.140 but you're
00:42:44.240 not a
00:42:44.640 credible
00:42:45.040 observer.
00:42:45.580 because
00:42:46.920 absolutely
00:42:48.100 nobody is
00:42:48.920 certain about
00:42:49.400 that.
00:42:50.880 If I had
00:42:51.640 to guess,
00:42:52.680 I think
00:42:53.100 it'll be
00:42:53.400 fine.
00:42:54.960 It'll
00:42:55.440 probably be
00:42:55.920 fine.
00:42:58.680 All right,
00:42:59.520 Krugman said
00:43:00.200 it.
00:43:00.620 What did
00:43:00.940 Krugman say?
00:43:02.880 And has
00:43:03.220 Krugman been
00:43:03.960 correct a
00:43:05.220 lot?
00:43:09.260 This is
00:43:09.860 where we
00:43:10.080 get all
00:43:10.340 the crazy
00:43:11.140 comments
00:43:12.480 about
00:43:14.720 economics.
00:43:15.260 So most
00:43:15.760 of us
00:43:15.980 don't
00:43:16.180 understand
00:43:16.620 economics,
00:43:17.360 but we
00:43:17.720 don't
00:43:17.900 know it.
00:43:20.140 Yeah,
00:43:20.620 the pension
00:43:21.060 issues are
00:43:22.520 going to
00:43:22.640 be huge.
00:43:27.480 All right,
00:43:28.080 that's all I
00:43:28.460 got for
00:43:28.660 now.
00:43:29.320 I'm going
00:43:29.800 to go do
00:43:30.140 some other
00:43:30.440 stuff,
00:43:30.980 and I
00:43:31.200 will talk
00:43:31.560 to you
00:43:31.980 tonight.
00:43:33.960 If you
00:43:34.340 missed my
00:43:35.220 periscope from
00:43:36.180 last night,
00:43:37.060 I did a
00:43:38.300 section on
00:43:39.260 how to
00:43:39.620 increase your
00:43:40.520 luck.
00:43:41.580 Now,
00:43:41.920 not in a
00:43:42.340 magic way,
00:43:43.300 but in
00:43:43.760 terms of
00:43:44.200 going where
00:43:44.740 you can
00:43:45.020 have more
00:43:45.380 luck and
00:43:45.900 manipulating
00:43:46.540 your life
00:43:47.080 so that
00:43:47.440 luck can
00:43:47.780 find you
00:43:48.180 better.
00:43:48.960 I highly
00:43:49.400 recommend it.
00:43:50.640 I played
00:43:51.540 it back
00:43:51.820 myself just
00:43:52.540 to see if
00:43:52.900 I liked
00:43:53.280 it,
00:43:53.800 and I'm
00:43:54.480 usually pretty
00:43:55.020 tough on
00:43:55.580 my own
00:43:56.040 content,
00:43:58.240 but even I
00:43:58.940 liked it.
00:43:59.660 I just
00:44:00.040 watched it
00:44:00.420 myself,
00:44:01.080 like a
00:44:01.800 consumer,
00:44:02.300 and I
00:44:02.400 thought,
00:44:02.660 huh,
00:44:03.640 that was
00:44:04.000 laid down
00:44:04.340 pretty well.
00:44:05.040 I was
00:44:05.260 pretty happy
00:44:05.680 with it.
00:44:05.960 So I
00:44:06.920 think it's
00:44:08.260 one of
00:44:08.500 these small
00:44:09.780 little micro
00:44:10.500 lessons,
00:44:11.660 five minutes
00:44:12.840 I think,
00:44:13.840 but it has
00:44:15.460 the potential
00:44:15.980 to change
00:44:16.540 your life
00:44:17.140 if it
00:44:19.220 changes how
00:44:19.800 you look
00:44:20.180 about assessing
00:44:21.280 your odds.
00:44:22.700 If you do
00:44:23.360 a better job
00:44:24.020 of knowing
00:44:24.380 where the
00:44:24.840 odds are
00:44:25.460 good,
00:44:26.640 your life
00:44:27.320 is going
00:44:27.580 to be a
00:44:27.820 lot better.
00:44:28.520 So I
00:44:28.800 tried to
00:44:29.100 help you
00:44:29.360 there.
00:44:29.560 And I
00:44:31.440 hope it
00:44:31.620 helps.
00:44:32.480 And I
00:44:32.860 will see
00:44:33.240 you next
00:44:34.900 time.