Joe Lonsdale

You know, I have someone who works with me, their spouse, you know, as a real estate agent, and that they're having a really tough couple years because interest rates spiked up. If you get interest rates down again, there's so many different places in America where people start making money again with the title companies, with brokers, with there's so many things that happen, right, with that.

You know, I have someone who works with me, their spouse, you know, as a real estate agent, and that they're having a really tough couple years because interest rates spiked up. If you get interest rates down again, there's so many different places in America where people start making money again with the title companies, with brokers, with there's so many things that happen, right, with that.

Trickle down. Well, it's not just trickle down. It's like this is the part of the economy that just really does start to turn on and certain transactions can happen again. And you're right. It is cheaper debt. That is an advantage as well. So I think disinflation is very important. And I think we have to find some way to get there.

Trickle down. Well, it's not just trickle down. It's like this is the part of the economy that just really does start to turn on and certain transactions can happen again. And you're right. It is cheaper debt. That is an advantage as well. So I think disinflation is very important. And I think we have to find some way to get there.

Chamath may be right that it's worth hitting assets to get to disinflation. That's something that Scott could be working on because of all the debt. But it is true. What's the easiest?

Chamath may be right that it's worth hitting assets to get to disinflation. That's something that Scott could be working on because of all the debt. But it is true. What's the easiest?

It's easy. And we do. And we do need it for sure. So and I hopefully I think there's some other more clever ways to get there. But but but I do like that.

It's easy. And we do. And we do need it for sure. So and I hopefully I think there's some other more clever ways to get there. But but but I do like that.

Well, the other ways to get there is there's two. There's really two right now in our society that are very positive. One of them is a higher productivity through AI. I'm working on a ton of things as are everyone else doing that. Like we're doing construction for much cheaper right now.

Well, the other ways to get there is there's two. There's really two right now in our society that are very positive. One of them is a higher productivity through AI. I'm working on a ton of things as are everyone else doing that. Like we're doing construction for much cheaper right now.

Yeah, we can make sure not to screw it up. I mean, David's doing good work. We can make sure not to screw it up. There's a lot of people trying to screw it up in government. So I think David's job is very important there to get us there.

Yeah, we can make sure not to screw it up. I mean, David's doing good work. We can make sure not to screw it up. There's a lot of people trying to screw it up in government. So I think David's job is very important there to get us there.

And then the... And then the second thing is actually cutting spend, like just giving out hundreds of billions willy nilly to Stacey Abrams at all is very inflationary. And so I think cutting spend actually is a very positive thing. We could do a lot more of that.

And then the... And then the second thing is actually cutting spend, like just giving out hundreds of billions willy nilly to Stacey Abrams at all is very inflationary. And so I think cutting spend actually is a very positive thing. We could do a lot more of that.

This is a central question. You're totally right.

This is a central question. You're totally right.

Wow. Well, you know, Jason, Putin's a bad guy. That's number one. He shouldn't have invaded.

Wow. Well, you know, Jason, Putin's a bad guy. That's number one. He shouldn't have invaded.

You know, I do think the last administration mismanaged it. I don't think he would have invaded with Trump as president. He certainly would have invaded with a competent person threatening him. But now we have to have peace, and I do want peace. I don't want to have the war continuing. But to get peace, you've got to get both sides to come to the table. I prefer peace through strength.

You know, I do think the last administration mismanaged it. I don't think he would have invaded with Trump as president. He certainly would have invaded with a competent person threatening him. But now we have to have peace, and I do want peace. I don't want to have the war continuing. But to get peace, you've got to get both sides to come to the table. I prefer peace through strength.