Brandon Aceto
Appearances
PBD Podcast
Joy Reid FIRED, Alec Baldwin vs Trump Impersonator, Crenshaw Threatens Tucker | PBD Podcast | Ep. 551
Sie hat sie gefeuert. Ja, wir haben das gemacht.
PBD Podcast
Joy Reid FIRED, Alec Baldwin vs Trump Impersonator, Crenshaw Threatens Tucker | PBD Podcast | Ep. 551
Ja, nein, es ist auch interessant, ich meine, du siehst Klips von Hillary, sie klingt literally mehr konservativ als Trump, wie jemand, der Obama mit diesem und all das wählt, also das ist ein Beispiel, wie weit die Linke ist, die Linke ist gewechselt, wo Leute, die sagen, sie waren in der Mitte, sie sind jetzt auf der rechten, weil, du weißt, Dinge haben sich zu diesem Grad verändert, und ich denke, sie importieren diese Leute so, weil sie das jetzt sehen, und du weißt, die interessante Sache über Clinton während seines Präsidents, er war der einzige Jahr in den letzten 70 Jahren, in dem wir einen Verlust hatten, ich habe Rob einen Chart gesendet, wo es dieses kleine Blip ist, jedes Jahr sind wir in einem Defizit,
PBD Podcast
Joy Reid FIRED, Alec Baldwin vs Trump Impersonator, Crenshaw Threatens Tucker | PBD Podcast | Ep. 551
That one time when Clinton was president, it's the only time we had a surplus ever since, I think, like 1960, 1950. So, I mean, I don't see a single negative thing you could criticize about Doge. That's the chart, Brandon. Yeah, yeah. So look at that. That's what Clinton was talking about.
PBD Podcast
Joy Reid FIRED, Alec Baldwin vs Trump Impersonator, Crenshaw Threatens Tucker | PBD Podcast | Ep. 551
Aus allen Staaten im Land sind die beiden größten Populationen von FWC, Maryland und Virginia. Was haben sie im Gemeinsamen? Der größte Wettbewerb im gesamten Land ist in Washington, D.C. Du hast die höchste Kriminalität, die höchste Poverty Rate, aber auch die höchste Income per Capita von den Top-Lebenden. Das ist ein Beispiel des Marktes, der nicht die Werte der Leute entscheidet.
PBD Podcast
Joy Reid FIRED, Alec Baldwin vs Trump Impersonator, Crenshaw Threatens Tucker | PBD Podcast | Ep. 551
Das ist der federale Regierung, der die Werte der Leute entscheidet. Es gibt also Geld für diese Jobs. Es ist nicht der Markt, der diese Dinge wählt, sondern die Regierung. Das ist ein Beitrag davon. Es ist ein völlig unnatürliches Ding. Die D.C. ist anders als in jedem anderen Ort im Land. Es ist ein Desaster.
PBD Podcast
Joy Reid FIRED, Alec Baldwin vs Trump Impersonator, Crenshaw Threatens Tucker | PBD Podcast | Ep. 551
It's going to crash their economy, by the way. It's going to crash Virginia's economy, by the way. Those are the Beltway Bandits. All that NGO-DC money that gets pumped into that.
PBD Podcast
Joy Reid FIRED, Alec Baldwin vs Trump Impersonator, Crenshaw Threatens Tucker | PBD Podcast | Ep. 551
Es ist furchtbar, dass man in den Kanzlerreportagen sagt, wir sind in vollem Panikmodus, die Demokratische Partei ist ein Desaster, wir wissen nicht, was zu tun ist, wir wissen nicht, was der nächste Schritt ist.
PBD Podcast
Joy Reid FIRED, Alec Baldwin vs Trump Impersonator, Crenshaw Threatens Tucker | PBD Podcast | Ep. 551
Und dann sind sie in den Füßen von jemandem, der super charismatisch ist, einer der besten gesprochenen Menschen der Welt, der will, dass sie an ihrer Seite sind, versucht, alles Mögliche an ihrer Seite zu tun, aber dann gehen sie raus und kritisieren sie so. Ich glaube, das sah rassistisch aus, aber sie haben das nie erwähnt.
PBD Podcast
Joy Reid FIRED, Alec Baldwin vs Trump Impersonator, Crenshaw Threatens Tucker | PBD Podcast | Ep. 551
Ich weiß nicht, ob jemand das gewonnen hätte.
PBD Podcast
Joy Reid FIRED, Alec Baldwin vs Trump Impersonator, Crenshaw Threatens Tucker | PBD Podcast | Ep. 551
I just have no patience for people who clearly hate America. There's two types of immigrants who come here. The ones that are deeply thankful for it and love it here and the ones that have some weird resentment for it and want to see it burned in Australia.
PBD Podcast
Joy Reid FIRED, Alec Baldwin vs Trump Impersonator, Crenshaw Threatens Tucker | PBD Podcast | Ep. 551
They're trying to demoralize society. I just sent Rob a chart that shows pride in America by generation. We could turn this around, but it's unfortunate to see that by generation there's less and less people that are proud to be American. A lot of that comes from entertainment and education, which a lot of this money that we're seeing being uncovered now gets pumped into that stuff.
PBD Podcast
Joy Reid FIRED, Alec Baldwin vs Trump Impersonator, Crenshaw Threatens Tucker | PBD Podcast | Ep. 551
So there is this active agenda to try to make people ashamed to be American or make people think that we did something wrong here.
PBD Podcast
Joy Reid FIRED, Alec Baldwin vs Trump Impersonator, Crenshaw Threatens Tucker | PBD Podcast | Ep. 551
Period. Es ist schön zu sehen, dass im Vergleich zu der letzten Wahl, ich erinnere mich daran, dass die CNN und MSNBC ihre Sicht nach Trump nach der letzten Wahl aufgerollt hat, weil die Leute sie angeschaut haben, die Hass und Rassismus und all das. Aber es scheint ein starker Vergleich zu dieser Zeit zu sein. Ich meine, sie haben viel Legitimität verloren. Dann gibt es alternative Medienanlagen.
PBD Podcast
Joy Reid FIRED, Alec Baldwin vs Trump Impersonator, Crenshaw Threatens Tucker | PBD Podcast | Ep. 551
Also ich bin froh, dass ich das für eine Sache sehe, dass es nicht eine positive Verbesserung für die liberalen Seite der Mainstream Medien ist. Und dann auch, ich bin überrascht, dass das passiert. Und Jerry Reed vor Maddox, weil Maddox macht etwa 25 Millionen pro Jahr für ein Show.
PBD Podcast
Joy Reid FIRED, Alec Baldwin vs Trump Impersonator, Crenshaw Threatens Tucker | PBD Podcast | Ep. 551
I think it's down to 15. Insane. Insane.
PBD Podcast
Joy Reid FIRED, Alec Baldwin vs Trump Impersonator, Crenshaw Threatens Tucker | PBD Podcast | Ep. 551
Aber ich denke, wenn sie mit Tucker sitzen, wird Tucker sie lebendig essen. Brandon. Ich glaube nicht, dass er sagt, was er eigentlich denkt. Ich glaube, dass er einer dieser Leute ist, der erzählt wird, was er gesagt hat. Ich glaube, er ist leidenschaftlich über Dinge. Ich glaube, er versucht, Geld zu holen, weil er Dinge macht. Und ja, ich glaube nicht, dass er tatsächlich sagt, was er denkt.
PBD Podcast
Joy Reid FIRED, Alec Baldwin vs Trump Impersonator, Crenshaw Threatens Tucker | PBD Podcast | Ep. 551
Also kann ich niemanden so respektieren.
PBD Podcast
Joy Reid FIRED, Alec Baldwin vs Trump Impersonator, Crenshaw Threatens Tucker | PBD Podcast | Ep. 551
It feels like we're slow walking this thing. What does it taste like? Why do you think, though? Elon sagte am letzten Tag, als er mit Trump interviewt wurde, dass Trump oft eine Exekutivverordnung machen wird und es dann nicht wirklich passieren wird, weil die Leute, die dafür verantwortlich sind, es zu beheben, es zu beheben.
PBD Podcast
Joy Reid FIRED, Alec Baldwin vs Trump Impersonator, Crenshaw Threatens Tucker | PBD Podcast | Ep. 551
Oder es gibt Leute, die hinter den Szenen sind oder die den Totenbrunnen nach unten legen, die es nicht beheben, die Dinge für irgendeinen Grund zu beheben. Ich weiß nicht, was so schwierig ist, die File des JFK zu posten, es öffentlich zu machen, das PDF zu posten.
PBD Podcast
Joy Reid FIRED, Alec Baldwin vs Trump Impersonator, Crenshaw Threatens Tucker | PBD Podcast | Ep. 551
It's important to keep the pressure on, too, because how fast the news cycle is moving. If we don't keep the pressure on every day, then people forget about it. You don't think that they have an agenda?
PBD Podcast
Joy Reid FIRED, Alec Baldwin vs Trump Impersonator, Crenshaw Threatens Tucker | PBD Podcast | Ep. 551
You show up in front of someone's house, you're going to have a problem. He was mocking him on TV every day during his presidency. So he brought that upon himself. That's not in front of his house, that's on TV. Even worse, it's in front of the entire world. And he was mocking him during sensitive times too. And it wasn't even a funny mocking, it was like a hateful mocking.
PBD Podcast
Joy Reid FIRED, Alec Baldwin vs Trump Impersonator, Crenshaw Threatens Tucker | PBD Podcast | Ep. 551
I don't know if you understand this.
PBD Podcast
Joy Reid FIRED, Alec Baldwin vs Trump Impersonator, Crenshaw Threatens Tucker | PBD Podcast | Ep. 551
Ja, da war ein Charakter.
PBD Podcast
Joy Reid FIRED, Alec Baldwin vs Trump Impersonator, Crenshaw Threatens Tucker | PBD Podcast | Ep. 551
Er war vor Donald Trump. Nicht dieser Kerl. Was hat dieser Kerl damit zu tun? Was, dass er vor seinem Haus war? Ja. Ja, also was?
PBD Podcast
Joy Reid FIRED, Alec Baldwin vs Trump Impersonator, Crenshaw Threatens Tucker | PBD Podcast | Ep. 551
I would laugh at them if they were doing a perfect imitation of Trump.
PBD Podcast
Joy Reid FIRED, Alec Baldwin vs Trump Impersonator, Crenshaw Threatens Tucker | PBD Podcast | Ep. 551
Then you're a pussy. Or I'm not sensitive.
PBD Podcast
Joy Reid FIRED, Alec Baldwin vs Trump Impersonator, Crenshaw Threatens Tucker | PBD Podcast | Ep. 551
And contrast that with, if he didn't react like that, then he wouldn't have won. It wouldn't have been as big of a deal.
PBD Podcast
Joy Reid FIRED, Alec Baldwin vs Trump Impersonator, Crenshaw Threatens Tucker | PBD Podcast | Ep. 551
Das wäre verrückt.
PBD Podcast
Joy Reid FIRED, Alec Baldwin vs Trump Impersonator, Crenshaw Threatens Tucker | PBD Podcast | Ep. 551
You know, the best example of this was, remember Johnny Damon before and after he went to Red Sox, to Yankees? That's the best contrast of what it's like with and without this. He had the long hair, the crazy beard. And like, it's night and day, you know? I'm a Yankees fan too. And it's like, there's always been like a cut above in terms of respectability, in terms of the uniforms and everything.
PBD Podcast
Joy Reid FIRED, Alec Baldwin vs Trump Impersonator, Crenshaw Threatens Tucker | PBD Podcast | Ep. 551
So... That's it. That's what you're talking about. Exactly. What would you rather have? What's more respectable? I want the clean-cut guy on the right.
PBD Podcast
Joy Reid FIRED, Alec Baldwin vs Trump Impersonator, Crenshaw Threatens Tucker | PBD Podcast | Ep. 551
Adam.
PBD Podcast
Joy Reid FIRED, Alec Baldwin vs Trump Impersonator, Crenshaw Threatens Tucker | PBD Podcast | Ep. 551
Ja, also ich denke nicht, dass wir ihnen für einen Moment Geld geben sollten, besonders nicht, um es ihnen selbst zu geben. Zwischen der Unabhängigkeit und dem hohen Rennweg, der 33 Billionen Euro am Anfang kosten sollte, ist es noch in Phase 1 und es ist bereits bis zu 120 Billionen Euro. Und sie haben es fast nicht geklärt.
PBD Podcast
Joy Reid FIRED, Alec Baldwin vs Trump Impersonator, Crenshaw Threatens Tucker | PBD Podcast | Ep. 551
Er ist ein Profi bei diesem Thema. Er macht sicher, dass Dinge auf Zeit gemacht werden und in einem günstigen Weg. Aber Kalifornien ist wie die Ukraine. Es ist wie ein dunkles Loch für Geld. Jede Geld, die wir in Kalifornien gesendet haben, ist einfach weg. Das Ding, das wir fixieren sollten, ist schlechter geworden, nachdem wir ihnen das Geld gegeben haben.
PBD Podcast
Joy Reid FIRED, Alec Baldwin vs Trump Impersonator, Crenshaw Threatens Tucker | PBD Podcast | Ep. 551
Und in Bezug darauf, es ist ein Ort, das gerade von einer Supermajorität gehalten wird. Trump hat also originally gesagt, dass er es ihnen geben würde, wenn sie ein paar einfache Dinge wie die Votier-ID benötigen. Ich würde es gerne sehen, dass er das auch tut, weil er hier ein bisschen Leistung hat.
PBD Podcast
Joy Reid FIRED, Alec Baldwin vs Trump Impersonator, Crenshaw Threatens Tucker | PBD Podcast | Ep. 551
I think if he just required voting ID, something simple like that, the state might be a red state. We have no idea what the actual voting demographics of California are because of the way they do things.
PBD Podcast
Joy Reid FIRED, Alec Baldwin vs Trump Impersonator, Crenshaw Threatens Tucker | PBD Podcast | Ep. 551
It's the most chaotic voting place I've ever seen, plus the super majority.
PBD Podcast
Joy Reid FIRED, Alec Baldwin vs Trump Impersonator, Crenshaw Threatens Tucker | PBD Podcast | Ep. 551
Okay, you need voting ID requirements.
PBD Podcast
Iran Threatens Trump As Tariff Trade War RAGES | PBD Podcast | Ep. 572
No, so I mostly have done day trading type of stuff for the last 15 years. I have small investments here and there, but just straight up putting money in the S&P every week, I haven't done that at scale yet.
PBD Podcast
Iran Threatens Trump As Tariff Trade War RAGES | PBD Podcast | Ep. 572
The biggest benefit from it is I've learned a lot. I can't say that I've done insanely well day training. It's a tough thing to do.
PBD Podcast
Iran Threatens Trump As Tariff Trade War RAGES | PBD Podcast | Ep. 572
But they stole from us, though.
PBD Podcast
Iran Threatens Trump As Tariff Trade War RAGES | PBD Podcast | Ep. 572
No, just the numbers.
PBD Podcast
Iran Threatens Trump As Tariff Trade War RAGES | PBD Podcast | Ep. 572
That's how you invest.
PBD Podcast
Iran Threatens Trump As Tariff Trade War RAGES | PBD Podcast | Ep. 572
You can do this. Would you agree, though, that we've prevented ourselves from having a legitimate recession or even a legitimate downturn for 15 to 20 years?
PBD Podcast
Iran Threatens Trump As Tariff Trade War RAGES | PBD Podcast | Ep. 572
That's why I'm trying not to buy the top. Okay, but you've been waiting 15 years. Well, I mean, realistically, I should have, like, yeah, got in during COVID, but, yeah, I didn't know.
PBD Podcast
Iran Threatens Trump As Tariff Trade War RAGES | PBD Podcast | Ep. 572
Macro Trends is a good chart. It shows 90 years. Go to Macro Trends. Macro Trends.
PBD Podcast
Iran Threatens Trump As Tariff Trade War RAGES | PBD Podcast | Ep. 572
There's a 90-year chart.
PBD Podcast
Iran Threatens Trump As Tariff Trade War RAGES | PBD Podcast | Ep. 572
Just go back where you were at, Rob.
PBD Podcast
Iran Threatens Trump As Tariff Trade War RAGES | PBD Podcast | Ep. 572
Yeah, from that point on, yeah. So I guess maybe like 10 years is better to say. Okay, where was it then?
PBD Podcast
Iran Threatens Trump As Tariff Trade War RAGES | PBD Podcast | Ep. 572
The whole time, though, we're pumping QE into the market. So it felt fragile at the time. So sorry for being skeptical when we're just propping it up through quantitative easing.
PBD Podcast
Iran Threatens Trump As Tariff Trade War RAGES | PBD Podcast | Ep. 572
You want to go over? She's at the chart.
PBD Podcast
Iran Threatens Trump As Tariff Trade War RAGES | PBD Podcast | Ep. 572
I think if you click like a minute into it, it shows her at the chart.
PBD Podcast
Iran Threatens Trump As Tariff Trade War RAGES | PBD Podcast | Ep. 572
It was supposed to be signed, but it doesn't sound like it was.
PBD Podcast
Iran Threatens Trump As Tariff Trade War RAGES | PBD Podcast | Ep. 572
Brandon, you were saying, you know, when it comes to leverage, I think we have far more leverage in China does because the thing that made them valuable to us is going away. Like what made them valuable is cheap labor and their manufacturing capacity. But, you know, with AI and with their labor being more expensive now, that's no longer that much of an advantage for us. And then.
PBD Podcast
Iran Threatens Trump As Tariff Trade War RAGES | PBD Podcast | Ep. 572
What they need us for is they need us for our consumer base because our consumer base feeds probably the majority of their economy. We absorb what they make because nobody else in the world could do that. And they're extremely vulnerable in terms of what they have to import to feed their country. So if you look at them, they're pretty landlocked. And we have all of our allies around them.
PBD Podcast
Iran Threatens Trump As Tariff Trade War RAGES | PBD Podcast | Ep. 572
So we have Japan, we have South Korea, we have Taiwan. So if we wanted to, we'd easily blockade China and stop them from even importing food and oil. So hopefully we don't have to do that. But I think we could very easily cut them down.
PBD Podcast
Iran Threatens Trump As Tariff Trade War RAGES | PBD Podcast | Ep. 572
Quick question for you on Obama. Spouses, in the Democrat party, I think they pick their spouses the same way they pick their candidates. I think they're both arranged marriages. You said that the other day when we were talking about how the super dog gets like are the gatekeepers for the Democrat party.
PBD Podcast
Iran Threatens Trump As Tariff Trade War RAGES | PBD Podcast | Ep. 572
I think there's a good chance that people in politics like the Clintons and Obamas, like it could be an arranged marriage. So, I mean, I think that's the biggest problem.
PBD Podcast
Iran Threatens Trump As Tariff Trade War RAGES | PBD Podcast | Ep. 572
You worked with the CIA, though, allegedly. People say that he reported to the CIA when he was in college.
PBD Podcast
Iran Threatens Trump As Tariff Trade War RAGES | PBD Podcast | Ep. 572
Thank you. Thank you. Thank you.
PBD Podcast
Iran Threatens Trump As Tariff Trade War RAGES | PBD Podcast | Ep. 572
Yeah, no, exactly right, actually.
PBD Podcast
Iran Threatens Trump As Tariff Trade War RAGES | PBD Podcast | Ep. 572
Yeah, right. Hey! You know what it is today? 60. 170. To what? To do what? To buy one share of the S&P 500.
PBD Podcast
Iran Threatens Trump As Tariff Trade War RAGES | PBD Podcast | Ep. 572
I think he was a former gang member, too. I don't think he was a citizen. But no, when it comes to 80-20 issues, though, why would somebody go out and try to argue against this? What kind of argument are you going to make to say, oh, no, we shouldn't do it. It's not a good idea to deport gang members.
PBD Podcast
Iran Threatens Trump As Tariff Trade War RAGES | PBD Podcast | Ep. 572
Clearly not, though, because they're not arguing about this one guy. They're arguing about the concept of mass deportations of gang members.
PBD Podcast
Iran Threatens Trump As Tariff Trade War RAGES | PBD Podcast | Ep. 572
Yeah, no, for sure. I'm just saying, what's the pitch that people are making to say, oh, it's not a good idea to deport gang members?
PBD Podcast
Iran Threatens Trump As Tariff Trade War RAGES | PBD Podcast | Ep. 572
Yeah, no, so, I mean, we've – and this goes into what we did with China.
PBD Podcast
Iran Threatens Trump As Tariff Trade War RAGES | PBD Podcast | Ep. 572
Like, you know, so when we got off the gold standard, when we started offshoring our jobs to China, that's where the wealth gap really widened between the working class of America and, you know, the people who run companies in America, like, because profit margins got bigger and then wages didn't keep up with the stock market growth. So we've essentially, like, decimated our middle class.
PBD Podcast
Iran Threatens Trump As Tariff Trade War RAGES | PBD Podcast | Ep. 572
And, you know, for young people, too, like, I've been waiting to buy the dip for 15 years now, and there hasn't been a dip to buy. You know, some people might say, like, COVID, but that – We just pumped money into the economy right away. Some people might say 2008, but we did quantitative easing right away after that. Brandon, how old are you?
PBD Podcast
Iran Threatens Trump As Tariff Trade War RAGES | PBD Podcast | Ep. 572
Yeah, so I definitely don't want to get baited into this either. And what's scary about this is that in the 90s, right before Netanyahu got into office, there was a draft of something that came up called the Clean Break, which the plan was to overthrow Saddam Hussein, overthrow the leadership in Syria, and then overthrow the leadership in Iran. And Netanyahu is a big fan of this. And
PBD Podcast
Iran Threatens Trump As Tariff Trade War RAGES | PBD Podcast | Ep. 572
A lot of people say that Trump is being influenced by Netanyahu to some degree. Who knows if that's true? But I think if we do get baited into a full-on war with Iran, then that's definitely going to support that argument because I don't see anything that's in our best interest in terms of going to war with Iran.
PBD Podcast
Iran Threatens Trump As Tariff Trade War RAGES | PBD Podcast | Ep. 572
Yeah, but waiting to really feel like I could buy the dip for 15 years, and it hasn't come. At 15 years old, you were looking at investing. Good for you.
PBD Podcast
Iran Threatens Trump As Tariff Trade War RAGES | PBD Podcast | Ep. 572
I think if we wanted to change the regime in Iran, I think the easiest thing to do is to help their population have revolution because more than 50% of their population wants a new form of government. That's easy. That's confirmed. They've done studies on that. So we did it in the 50s.
PBD Podcast
Iran Threatens Trump As Tariff Trade War RAGES | PBD Podcast | Ep. 572
I'd say the best thing we could do if we want to change Iran is to help them have a revolution, help people have a revolution. Because they've had a record amount of revolutions in the last 10 years. So I think they're primed and ready to overthrow their government if we help them.
PBD Podcast
Iran Threatens Trump As Tariff Trade War RAGES | PBD Podcast | Ep. 572
Yeah, and keep in mind, too, the market is way higher than it should be. The market's higher than what it should be. Yeah, the boomers and Gen X have essentially stolen the future from the millennials and Gen Z by pulling wealth forward to themselves that belong to the future. So you know it's $36 trillion.
PBD Podcast
Iran Threatens Trump As Tariff Trade War RAGES | PBD Podcast | Ep. 572
Should he be allowed to use it? He should be allowed to use it. Should he be using it right now? I think that's more questionable because last time it worked out, when he took out Suleiman, it seemed like everyone quieted down pretty much.
PBD Podcast
Iran Threatens Trump As Tariff Trade War RAGES | PBD Podcast | Ep. 572
All the deficit spending we do, that's been pulled from the future away from people who haven't even been born yet and put into the stock market, essentially.
PBD Podcast
Iran Threatens Trump As Tariff Trade War RAGES | PBD Podcast | Ep. 572
How delicate do you think the regime is in Iran right now? Like how much assistance do you think they need to topple the regime for the people? Like, you know, there's what, two or three revolutions in the last 80 years. So like how close do you think this is something like that? And how much help do you think they would need in executing that?
PBD Podcast
Iran Threatens Trump As Tariff Trade War RAGES | PBD Podcast | Ep. 572
I know it's not in his top priority, but I wonder if it would even require it.
PBD Podcast
Iran Threatens Trump As Tariff Trade War RAGES | PBD Podcast | Ep. 572
Do they know that, though, the people there? Do they know that it used to be this way? The people in Iran?
PBD Podcast
Iran Threatens Trump As Tariff Trade War RAGES | PBD Podcast | Ep. 572
Brandon, go ahead. Tom's getting very emotional over Jerome Powell. Tom, are you okay? Yeah, so I got you. So with this, I think that we don't need to cut rates right now because I think we're going to take care of the inflation just fine with what's going to happen with the market.
PBD Podcast
Iran Threatens Trump As Tariff Trade War RAGES | PBD Podcast | Ep. 572
I think just as a result of the market going down, like oil is already below $60 a barrel, so inflation is going to go down. I don't understand how people are trying to make the argument that tariffs are both going to make the stock market go down and cause inflation. Like, no, we're not going to have inflation if the stock market is going down. That's one thing.
PBD Podcast
Iran Threatens Trump As Tariff Trade War RAGES | PBD Podcast | Ep. 572
Two, I don't like Trump telling the Fed what to do with the rates, and I absolutely despise the fact that the Fed controls the rates. I think that's the most communist thing ever, that we have this weird –
PBD Podcast
Iran Threatens Trump As Tariff Trade War RAGES | PBD Podcast | Ep. 572
like company this weird private company controlling the price of money for our entire country i think that the 10-year treasury should be what we base things off of in terms of interest rates because i think that's the market telling you what the rate is rather than some weird governing body telling you what the price of money should be so so you don't like the fact that trump's telling fed but you also don't like the fact that they dictated yeah what would you like ideally to happen
PBD Podcast
Iran Threatens Trump As Tariff Trade War RAGES | PBD Podcast | Ep. 572
Yeah. Yeah, because that revenue has gone to corporations that have offshored their jobs and saved a ton of money on production costs instead of going to decent-paying jobs. So I think that the tariffs are going to solve two problems at once.
PBD Podcast
Iran Threatens Trump As Tariff Trade War RAGES | PBD Podcast | Ep. 572
It's going to bring the market down to a reasonable level, and it's going to bring better jobs back to America and pull some money away from corporations because they've essentially taken money from the workers to themselves by offshoring these jobs.
PBD Podcast
Iran Threatens Trump As Tariff Trade War RAGES | PBD Podcast | Ep. 572
Because that's a big difference. 1970, and then it eventually goes to 40 hours worked, and then by the 90s it gets to 66 hours to buy the S&P.
PBD Podcast
Iran Threatens Trump As Tariff Trade War RAGES | PBD Podcast | Ep. 572
Do you think that we have to compete with labor, though? Because I almost think that tariffs have to protect us against this cheap slave labor from other countries, because we could compete with other countries in terms of putting tariffs on them when they have tariffs against us, but labor, how are we ever going to compete with Cambodia and China for labor?
PBD Podcast
Iran Threatens Trump As Tariff Trade War RAGES | PBD Podcast | Ep. 572
Because they could essentially make people work at slave wages, but we're not going to do that here, so...
PBD Podcast
Iran Threatens Trump As Tariff Trade War RAGES | PBD Podcast | Ep. 572
Yeah. He's hurting the rich.