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Jonathan V. Last

๐Ÿ‘ค Speaker
2407 total appearances

Appearances Over Time

Podcast Appearances

The Bulwark Podcast
S2 Ep1036: Jonathan V. Last: An Economic Tsunami Is Coming

Qatar knew that they had to get him a cut and they wanted to get Donald Trump a taste that he would listen to them and be amenable to them. So they would rent an office space in a floor of a building he owned. People who were coming to visit D.C. and were going to conduct business with the federal government knew that they needed to stay at the Trump Hotel across the street.

The Bulwark Podcast
S2 Ep1036: Jonathan V. Last: An Economic Tsunami Is Coming

But I mean, how much money are you really getting there? I mean, the rack rate on a hotel room there is like, what, $850, maybe $1,300 for a nice room, office space. And plus, there's all these other middlemen taking cuts out of it, right? You've got to pay tax on it. Trump 2.0 realized that you could industrialize and take to scale corruption if you owned platforms and currencies.

The Bulwark Podcast
S2 Ep1036: Jonathan V. Last: An Economic Tsunami Is Coming

But I mean, how much money are you really getting there? I mean, the rack rate on a hotel room there is like, what, $850, maybe $1,300 for a nice room, office space. And plus, there's all these other middlemen taking cuts out of it, right? You've got to pay tax on it. Trump 2.0 realized that you could industrialize and take to scale corruption if you owned platforms and currencies.

The Bulwark Podcast
S2 Ep1036: Jonathan V. Last: An Economic Tsunami Is Coming

But I mean, how much money are you really getting there? I mean, the rack rate on a hotel room there is like, what, $850, maybe $1,300 for a nice room, office space. And plus, there's all these other middlemen taking cuts out of it, right? You've got to pay tax on it. Trump 2.0 realized that you could industrialize and take to scale corruption if you owned platforms and currencies.

The Bulwark Podcast
S2 Ep1036: Jonathan V. Last: An Economic Tsunami Is Coming

Because then people don't need to physically currency currencies. People don't need to actually show up at a physical location to deliver you the bags of money. And they can do it at the scale of billions of dollars at a time. They could say, yeah, we're going to conduct a business using $2 billion of your currency and you'll get whatever the blockchain percentage says of it.

The Bulwark Podcast
S2 Ep1036: Jonathan V. Last: An Economic Tsunami Is Coming

Because then people don't need to physically currency currencies. People don't need to actually show up at a physical location to deliver you the bags of money. And they can do it at the scale of billions of dollars at a time. They could say, yeah, we're going to conduct a business using $2 billion of your currency and you'll get whatever the blockchain percentage says of it.

The Bulwark Podcast
S2 Ep1036: Jonathan V. Last: An Economic Tsunami Is Coming

Because then people don't need to physically currency currencies. People don't need to actually show up at a physical location to deliver you the bags of money. And they can do it at the scale of billions of dollars at a time. They could say, yeah, we're going to conduct a business using $2 billion of your currency and you'll get whatever the blockchain percentage says of it.

The Bulwark Podcast
S2 Ep1036: Jonathan V. Last: An Economic Tsunami Is Coming

And I wonder, Tim, if there's any going back. If the future of corruption in America, if everybody will aspire to that level then, and it'll no longer be enough to be Hunter Biden painting, doing a Jackson Pollock and then charging somebody $100,000 for it.

The Bulwark Podcast
S2 Ep1036: Jonathan V. Last: An Economic Tsunami Is Coming

And I wonder, Tim, if there's any going back. If the future of corruption in America, if everybody will aspire to that level then, and it'll no longer be enough to be Hunter Biden painting, doing a Jackson Pollock and then charging somebody $100,000 for it.

The Bulwark Podcast
S2 Ep1036: Jonathan V. Last: An Economic Tsunami Is Coming

And I wonder, Tim, if there's any going back. If the future of corruption in America, if everybody will aspire to that level then, and it'll no longer be enough to be Hunter Biden painting, doing a Jackson Pollock and then charging somebody $100,000 for it.

The Bulwark Podcast
S2 Ep1036: Jonathan V. Last: An Economic Tsunami Is Coming

Look, anything is possible. I could be wrong.

The Bulwark Podcast
S2 Ep1036: Jonathan V. Last: An Economic Tsunami Is Coming

Look, anything is possible. I could be wrong.

The Bulwark Podcast
S2 Ep1036: Jonathan V. Last: An Economic Tsunami Is Coming

Look, anything is possible. I could be wrong.

The Bulwark Podcast
S2 Ep1036: Jonathan V. Last: An Economic Tsunami Is Coming

They were down 14. They only have four players. This is not a JVL is always right money back guarantee. But on the other hand, I look at this and I think these things are all hard to explain to people. I think the average person does not even understand crypto or finance or any of this stuff. And Trump has pretty successfully convinced everyone that everybody's corrupt.

The Bulwark Podcast
S2 Ep1036: Jonathan V. Last: An Economic Tsunami Is Coming

They were down 14. They only have four players. This is not a JVL is always right money back guarantee. But on the other hand, I look at this and I think these things are all hard to explain to people. I think the average person does not even understand crypto or finance or any of this stuff. And Trump has pretty successfully convinced everyone that everybody's corrupt.

The Bulwark Podcast
S2 Ep1036: Jonathan V. Last: An Economic Tsunami Is Coming

They were down 14. They only have four players. This is not a JVL is always right money back guarantee. But on the other hand, I look at this and I think these things are all hard to explain to people. I think the average person does not even understand crypto or finance or any of this stuff. And Trump has pretty successfully convinced everyone that everybody's corrupt.

The Bulwark Podcast
S2 Ep1036: Jonathan V. Last: An Economic Tsunami Is Coming

And so what does it matter if he does it, too? And also, we're so polarized that any meaningful change requires super majorities. And so I just don't think you get anything meaningful done. But I could be wrong. Here's a really interesting question, though. As our tech overlords would say, Trump's coins have really disintermediated the classical lobbyist, right?

The Bulwark Podcast
S2 Ep1036: Jonathan V. Last: An Economic Tsunami Is Coming

And so what does it matter if he does it, too? And also, we're so polarized that any meaningful change requires super majorities. And so I just don't think you get anything meaningful done. But I could be wrong. Here's a really interesting question, though. As our tech overlords would say, Trump's coins have really disintermediated the classical lobbyist, right?

The Bulwark Podcast
S2 Ep1036: Jonathan V. Last: An Economic Tsunami Is Coming

And so what does it matter if he does it, too? And also, we're so polarized that any meaningful change requires super majorities. And so I just don't think you get anything meaningful done. But I could be wrong. Here's a really interesting question, though. As our tech overlords would say, Trump's coins have really disintermediated the classical lobbyist, right?

The Bulwark Podcast
S2 Ep1036: Jonathan V. Last: An Economic Tsunami Is Coming

Because if the way this worked was in the olden times, you had Senator X, who was the head of, you know, whatever committee, right? Whatever committee you needed to get into to get them to mark up a business. On behalf of your your industry.