Dave Smith
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Appearances Over Time
Podcast Appearances
And you've got a president of the United States who's threatened bridge and power plant day.
And you got an IRGC who's threatened to respond in kind by taking out desalination plants.
You know, they're threatening this.
And so that's a real concern.
But then like a secondary concern is almost, and I know I've made the comparison before to like the money printing in 2020, and then how we didn't really feel the price inflation until 2021, 2022.
And what we're doing now with this blockade is almost like, I'm struggling for like the best way to articulate this, but essentially what we're doing is we're going, we're judging by the current pain.
this policy, even though most of the pain felt by this policy won't be coming for months.
And so we're going, okay, gas is four bucks and a quarter right now.
That's putting a strain on people.
That's what it is here in New Jersey.
It might be more expensive in California or someplace like that.
You know, you're like, OK, so you're judging off this current.
But essentially, as soon as you stop, like as soon as it gets bad enough that you finally have to stop, that doesn't mean the pain is over.
That means we're going to just start feeling the pain of all of these months.
And I don't know, Rob, I just this is above my pay grade.
You know, whatever you look at the numbers, what is this?