Mark Cuban

AI would be better than the people we have negotiating right now because we are in this form of government with this republic that we have and there's so many influences and so many constituencies that have to be appeased. You're not going to get an optimal system. And so the only way to get through that is to educate the people who have an influence.

So, for instance, I'm going out there and talking to CEOs and I'm saying, look, you self-insure. And you're hiring this insurance company to do pre-authorizations that only make your life more miserable because your employees are upset, HR is upset, when at the end of the day, you're paying for it anyways.

So, for instance, I'm going out there and talking to CEOs and I'm saying, look, you self-insure. And you're hiring this insurance company to do pre-authorizations that only make your life more miserable because your employees are upset, HR is upset, when at the end of the day, you're paying for it anyways.

Who hired him to do that is the question. The question, he got that opportunity to do it and he's grabbing all the money he can, but who hired him to do the pre-authorization process? That's the question people aren't asking and that needs to be answered.

Who hired him to do that is the question. The question, he got that opportunity to do it and he's grabbing all the money he can, but who hired him to do the pre-authorization process? That's the question people aren't asking and that needs to be answered.

Yeah, it's to be determined. There's a couple elements there. Number one is the deficit. You know, and Elon and others on both sides have rightfully said it's a threat, right? It's a problem.

Yeah, it's to be determined. There's a couple elements there. Number one is the deficit. You know, and Elon and others on both sides have rightfully said it's a threat, right? It's a problem.

That's exactly where I was going because even if interest rates come down a little bit, interest rates are the majority of the ongoing annual expense. And interest rates will come down some, but they're not going to come all the way down because that will inflate the economy again and create other issues and create more inflation.

That's exactly where I was going because even if interest rates come down a little bit, interest rates are the majority of the ongoing annual expense. And interest rates will come down some, but they're not going to come all the way down because that will inflate the economy again and create other issues and create more inflation.

And Donald Trump, I don't think, is going to want to see that during his term, which is why Elon at one point on Twitter, someone said, you know, we could see a collapse in the first two years. And Elon said, most likely or something to that effect.

And Donald Trump, I don't think, is going to want to see that during his term, which is why Elon at one point on Twitter, someone said, you know, we could see a collapse in the first two years. And Elon said, most likely or something to that effect.

of the economy, of the economy. Because if the economy collapses like we saw during COVID, what happened to interest rates? Interest rates collapsed as well.

of the economy, of the economy. Because if the economy collapses like we saw during COVID, what happened to interest rates? Interest rates collapsed as well.

Whatever it is, whatever it is, that's the only way you're going to have a dramatic impact on the debt.

Whatever it is, whatever it is, that's the only way you're going to have a dramatic impact on the debt.

Yeah, just playing more money. But now all of a sudden more money is in the economy and the economy re-inflates and you start then having to pay- You think MMT does not, you're not a proponent of that. No, actually, I read the books. I talked to the people behind it. When interest rates were zero or near zero, it made 100% sense.

Yeah, just playing more money. But now all of a sudden more money is in the economy and the economy re-inflates and you start then having to pay- You think MMT does not, you're not a proponent of that. No, actually, I read the books. I talked to the people behind it. When interest rates were zero or near zero, it made 100% sense.

When interest rates skyrocketed to where they are now, it doesn't make sense because even if you just printed all that money, the government can't just print money. They have to borrow money even in a fractionalized environment. There has to be some reason to do it. It's not like there's a printing press that just goes brr, brr, brr, brr, brr.

When interest rates skyrocketed to where they are now, it doesn't make sense because even if you just printed all that money, the government can't just print money. They have to borrow money even in a fractionalized environment. There has to be some reason to do it. It's not like there's a printing press that just goes brr, brr, brr, brr, brr.

Sure. But there's still – Debits and credits still have to balance. I'm not the economist who can give you a detailed analysis of all this stuff.