Brandon

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.

And I think a lot of it is the fact that we're in an international contraction, and that's a lot of it.

Europe has been raising their rates, and we've been cutting our rates.

I don't think we should be cutting our rates.

And I think a lot of it goes back to the fact that I don't think that we're in a real market-based system.

We're in what I would almost call a socialist-based system, where we have this board of governors who are

controlling the price of money and the amount of money that's in the economy.

And I think that's the fundamental problem with all of it.

We don't have market conditions impacting what the price of money is.

We have a group of people deciding what the price of money is.

And until that changes, I don't think that we're going to get a real healthy functioning economy.