Erik Bethel
👤 PersonAppearances Over Time
Podcast Appearances
You can go back to the Roman denarius.
Little by little, you started seeing the silver content get smaller and smaller and smaller.
So this isn't something that we haven't seen before.
But it never ends well.
It never ends well.
But let's understand this, right?
So the big beautiful bill passed the House.
It's going to go through reconciliation.
Hopefully members of the Senate will take a more thoughtful approach and remove the extraneous things that we don't need.
I'm hoping.
But let's also understand that the Republicans have, you know, what, like a two vote majority or a three or something vote majority.
I'm sure that there were members of the Republican Party that said, look, oh, by the way, the Democrats all voted against it.
Right.
So it's basically along party lines.
And so to win over a certain number of Republicans, we had to offer them some concessions.
This is how, you know, this is just, I'm not saying it's awesome.
On the contrary, I'm just saying it is what it is.
What do you do?
So it's gonna go through the Senate.
Hopefully they go through a thoughtful reworking of this and it's not another four trillion on our debt.