Brandon

What's next?

All right.

So putting enough pressure on Russia.

And their biggest asset is getting the discounted oil from Russia and Iran.

So, you know, if Iran suddenly falls and Russia has enough pressure on them to stop being so friendly with the oil they give to China, then China's really in a stranglehold where they stop getting the cheap Russian and Iranian oil.

Because that's like China's nucleus is the ability to get cheap oil from Iran and Russia.

That's actually not a good thing.

What about the deflationary innovation, though?

Like the way that a flat screen TV started off at $10,000 and now it's $200.

So there's examples of things going down in price.

But the things that are killer, though, is electricity, food, housing.

I think those are the core things that people really get upset about if those are unaffordable.

I think the problem, too, is I think deficit spending in general is a bigger example of what happened during COVID.

That M2 money supply chart I sent you, Rob, this is the amount of money in the economy, and

like obviously went up a ton in 2020 but just the fact that we're spending like an extra trillion dollars per year than what we actually have like that's the creation of new money i know it's not money printing it's like the um the treasury issuing new debt but that's adding new money into the economy that's artificially increasing demand so you know of course things are gonna go be more expensive and we're like putting more money in the economy every year and that's like such a waste of capital too by the way like the fed

created an extra $9 trillion of money on its balance sheet.

So that went to banks.

So why aren't banks using those loans efficiently?

Are they just sitting on that money?

Yeah, no, I agree with a lot of that.