Ryan

And so what is Trump doing?

Okay, Venezuela, access to oil.

What does that do?

It's an inflation lever that he can actually control because if you flood the market with oil, you get gas price down.

Exactly.

And so American consumers notice that the price of the pump is one of the, you know, big inflation kind of things that are most notable.

So he's doing that.

And then also the other thing they notice is the price of their mortgage, price of their credit card bill.

And so that's why Trump wants interest rates down too.

So he's actually, this may look like chaos, but it's actually somewhat calculated from a political perspective.

At least this is the argument Noah's making.

But he calls it affordability.

Noah calls it gangster affordability.

Because the way Trump is doing it is like straight up mob boss.

Let me go cap-

the president of a sovereign country and just yoink him and it will open up markets.

So it can lower our cost of living here domestically.

Yeah, and let me use lawfare.

Let me just go like crush, use my DOJ to go prosecute Powell so he'll like put the levers on him to really lower interest rates.

So there could be, it was an interesting rationale for the political calculus behind all of these moves, which seems so chaotic at times.