Andrew Heaton

If oil is produced,

Because we're the international reserve currency, yeah.

It means that whenever anybody's doing an international transaction, they're using dollars to do it.

So if China's purchasing something.

It's also part of why we're able to get away with so much deficit spending because we can inflate it away to other people.

That's exactly the point.

since i i i think that uh... again i think you're right in terms of the deficit because we've got a spending deficit and other people are using our currency when we inflate it they bear part of that burden so we're able to go out again i'm not talking about that yeah but like with with the trade deficit though like i'm saying you've got you've got a doctor though but i'm not talking about any of that i'm saying that china has to tie it to the united states in order to buy oil we get access to chinese labor in exchange for nothing

Yeah, I'm not for bombing other countries if they want to.

Aren't we the second largest export economy?

Have I got that wrong?

Would you oppose companies that can automate on those same grounds?

Like they can have a thousand employees.

They can replace half of them with robots.

Would you stop that by law?

Most manufacturing in the United States went away through automation.

Indeed.

In this instance, you're concerned with the speed of the transition rather than the transition itself.

Indeed.

Okay.

So, like, what normally happens with automation is somebody does a job, a robot is made, the job goes away, but more jobs are created.