Paul Kedrosky
speaker
1,259 appearances
4 recordings
2 series
first heard Apr 2026
last heard 6d ago
Paul Kedrosky’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 4 in all, peaking in Sep 2026 with 1.
Appearances
It'll just be here spinning off tax revenues.
And so what happens is, A, that looks like a pretty good bet because it's a fixed obligation in terms of what will be flowing back into your county for years to come.
And what do they do then?
They start pre-budgeting that and saying, okay, we'll start building new playgrounds, we'll start fixing the water supply, we'll be able to fund schools.
Great, now, okay, you've front-loaded all of that stuff.
What happens whenever the data center doesn't get finished?
you're actually in a worse situation than you were previously.
So it has real world consequences in terms of these annuity streams that are being dangled in front of people whose regions have suffered economically for decades.
And that's going to be the story over the next 25 years.
What do you mean by that?
Or factory full of geniuses.
That's my favorite.
I think very much so.
And I think that's one of the other consequences here that's going on.
And I think it's one of the reasons why, and I don't know if you've noticed, but Jensen has gone from being very promotional to extra special, very to the third power promotional.
I saw today he was anointing Marvel as the next trillion dollar company.
For me, this is really unprecedented, but it only works if you start thinking about it in terms of the ecosystem of buyers and sellers in the context of AI CapEx and realizing that the more valuable all of these companies become, the more money is sort of flowing around this, what used to be called a cartel.
captive economy and then it just recirculates amongst all the players as they become increasingly wealthy because their stocks get bid up.
So this notion of having people suggesting that one of their peers or quasi-competitors should also be valued at a trillion dollars is really unprecedented and you can only really understand it once you understand it that they are all essentially running printing presses in their basement and the printing press is their stock.
and they're hoping that the value of the printing press and the currency keeps going up, and that way they can circulate more script among them, which in turn turns into purchasing.
Showing 821–840 of 1,259 · page 42 of 63
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