Kump - Ep. 255 PRICED OUT OF LIVING

Episode Date: May 25, 2026

https://www.patreon.com/raykump Support the show + get bonus episodes every week.Ray reacts to Kevin O’Leary’s viral $28 lunch advice, the rise of financial scold content from Caleb Hammer and Dave Ramsey, 61% of Americans cutting back on groceries, Trump’s Iran/Hormuz deal drama, rising Treasury yields, AI job destruction, and the emerging future where the only thing America can still produce is shame.

I'm speaking to you on behalf of the United States Federal Reserve. Grocery prices, gas prices, entertainment prices. They all just refuse to stop rising. And even if the straight-of-hor Moose opens back up, the prices ain't going back down. And we just like you to know it's your fault. This is the price you pay for freedom, even though we're busy taking that away. This is the price you pay for safety, even though in the panel. year, more Americans have attended a mass shooting than a Catholic Mass.

And most importantly, this is the price you pay for asking too many questions about Epstein. After all, we did the war and tanked the economy to distract you. And it worked. So don't hate the player. Hate the game. It's time for you to take personal responsibility. Oh, your rent keeps going up while your wages keep going down? Well, I notice that you're also paying more for the fast casual swap lunch that private equity is ruined.

What's up with that, bro? Maybe that's your problem. Time to tighten the belt. Take a cue from President Trump, who saved money this weekend by skipping his son's wedding. Forget your family exists. They're weighing you down. You could always just let a YouTuber like Caleb Hammer or David Ramsey financially audit you in front of the the entire internet. Come through every dollar you spend and prove what a scumbag you are for being

unable to ride the razor's edge of kleptocracy capitalism. You won't get any money, but maybe you can pay your rent with shame. Treasury yields are rising and the sun is setting on everything that you hold dear. Ask gas or mass incarceration. No one rides for free. Welcome to the open road. Welcome to Kump. I can't stand it when I see kids that are making $70,000 a year, spending $28 for lunch. I mean, that's just stupid. It's just think about that in the context of that being put into an index and making 8% to 10% a year for the next 50 years. Who, who, that's Kevin O'Leary, one of the sharks, the famous sharks from Shark Tank,

that crew of a successful million or billionaires who, you know, just kind of roast inventions and maybe sometimes buy him. He, that's him. It's a clip of, you know, has been going around the internet a lot this week. It makes sense on some level, I guess. I mean, yes, why would you not take the money that you would spend on having, you know, a nice, a nice lunch in between your, you're ever increasing hell of a job? you go out and you have a nice little lunch,

a nice little burrito, a nice little sandwich. Why don't you make it at a home and you can take the extra money and invest it in a high-yield saving? What are you talking about? What is every transaction in life has to be boiled down to this strange, you know,

opportunity cost where you could put in an index fund? What just happened to living your life? That's why I don't understand. Why do we want to have a life, a world where, like every, that's not, I mean, what philosopher talked about that? What, you know, is that Aristotle? Is that Descartes who says, yeah, hey, the fruit of the tree is, it contains all the juice and contains all the berries. But you shove it, shove that into a, into a junk bond.

it over every couple years. Buy an option, buy a credit the false swap on it. What are you doing? Sell your kid. You can buy him back later if he turns out successful. You're better off selling them. What is like, you know, I'm not saying we have

to like try to, you know, live in this kind of potting the sky. And I get, you know, look, I live in Brooklyn, New York and I see these people. They spend a lot of money, you know, but the people spending the money at the coffee shot And the avocado shops.

You know, we have avocado shops. We could buy avocados and toast. It's a luxurious place. It's actually a hell. These people, why are these people? Not the people complaining. They're the ones on trust funds. No one, you know, this idea that, you know, the problem is that what, why is the sandwich

costs more and is garbage now? That's the big problem. You know, these companies are all bought by private equity. And they sell you this private equity thing, by the way. I'm sick of hearing this. You guys think you're talking a big game about Black Rock and all this and private equity. But here's the thing. They own everything.

Oh, they own everything, but you own it. Because you own, you ever, you have a, you have a 401k, you have a pension. They have, they hold these index funds. So you actually own it. Do I own it? Am I the one who took the meat out of my subway club sandwich, who reduced the meat? We took it. Give them less cheese.

Is I make that, am I on the board? What ownership do I have? You own it the way you own a virus. Hey, you own that AIDS. That's your age. You're part of it. Enjoy, how are you going to blame us for the COVID? You have it.

You practically own, you don't own anything private equity. It's just a way of, like, you know, infecting you so you can't complain, which is what this, you know, there's nothing wrong with personal response, you know, cooking at home. Sure, brown bag it if you want. It's not a dollar to make it, but it is cheaper. But it seems to be skirted an issue. Why does the prices keep going up while the quality goes down, while the jobs keep getting shipped, whether it's overseas or into a data center? I wonder who benefits from that.

I wonder who, I wonder who's who this show. What shows this, diary of his CEO? I mean, have me on it. Am I not on part of the Teal Network? I'm assuming, I mean, is that what you have to do? Do I have to become a friend of Teal? Do you have to become a friend of Eric Weinstein? to get on these things?

I'm a, well, am I a CEO? I'm not a CEO of any. I'll make a company. You don't think I can make a company? I'll make a company that sells, you know, use razor blades. I'm the CEO. Interview me about how I buy bags of rice and I make my own rice and I leave it in a rice cooker. It spoils and it gets a little moldy. And it's disgusting because I don't have personal response. I don't have, you know, self-control.

I try to make the rice and it goes moldy because I forget about it. Where's the opportunity cost there? Am I getting across here the idea? What idea is it? Look, no one's asking for a free ride. No one's asking that, you know, not to, you know, there was an episode of the West Wing where, you know, and look, not everyone loves the show,

but it was a well-written show, but it was a 90s. Back then, there was this guy, you know, talking to Toby, and he was drunk at a bar, he took his kid to college, and he said, to summarize, he said, I don't need to be, it shouldn't be easy. It should be hard, right? Put your kid through school, it should be hard. You earn it.

It's nice. It should be a little bit easier. And that's the lie, too. Why not have it? Why not just have basic colleges and basic, fucking, if we're going to take everyone's jobs away, doesn't it make sense to not put everyone on a merry-go-round? Why would you want that?

Here's the thing. Why are we in this situation, by the way? Is it because is it just private equity? Is it just the, no, no, I know, you can't blame the Kevin O'Leary clip because that's from, you know, these things pop up on social media. It becomes part of the discourse. It's from, I think, last October.

So, you know, that was only half the Iran war starting. You can't blame the whole straight-of-form moves on that. It's not, I mean, who would anticipate the rest of the second Iran war? But the point is, yeah, the prices keep going up. And there's 61%. There's a thing, this is the New York Times. 61% of Americans said they had to cut back on groceries.

Now, look, if this is World War II, if we're in the middle of a bombing, you know, runs, you can understand rations. I get it. I get it back in the day. I don't know why we, no one knows why we did. Oh, the nukes. The nukes.

We couldn't let them get the nukes. They have nukes in two weeks. What are we talking about? I mean, what is keeping them? Don't they still have uranium? I mean, look, I'm sure we heard their capacity. But, you know, we've had this kind of standoff for a while. They have the uranium.

And, you know, why aren't they building it now? Oh, we know. We wouldn't know. We said, you said you bombed a year ago. So, I mean, look, it's a nice thing about, and here's a nice thing about saying that it's not a problem. If it was a problem, I'll be dead anyway. Just in case I'm wrong.

I'll be the first one dead. They're going to bomb me specifically. But 61% of Americans said they had to cut back on groceries. Concerned about rising prices and reach the fever pitch as Americans sit down Memorial Day barbecues.

Right, it's a Memorial Day. This is not the thing we need. You know, we'll come up on a half bicentennial, right? 250 years. This is the Memorial Day of the Bicentennial. It's a day we honor our war dead. Americans sit down to Memorial Day barbecues across the country

A majority of Democrats, Republicans, and independents said they have changed their purchases from grocery stores to stay within budget in the last months. Another 59% of Americans said they had to cut back on extras and entertainment. And they keep telling us that we're in the great economy is a thing. It's not like we're in a recession officially. It's not working in the down. Oh, this is the best economy we've ever had.

And it's not about politics is not the main... It's not like all a Republican, this is not really Republican politics per se or Democratic politics per se. Those things have an effect. They take a long time, right? Most times people over blame a president. They over blame an administration for effects that are wide.

The economy can be like an oil tanker, right? And it goes, you know, move slowly, you know, based on. But, yeah, when you shut down on the main arteries of oil in the world, It doesn't matter we have our wrong That's not how you run you know If we ran the world economy in a way of like Well you know screw you we got ours That'd be one thing we don't do that

Right we don't do that we don't run it that way So you have to you know and these people are getting I mean there's gonna be food shortages because you know the The fertilizer stuff I mean the heating oil The oil they use to cook in a lot of the world is based on these little Discs right I don't know I'm

world traveler and I'm cooking I'm cooking jumbolaia and somewhere overseas. No, I don't know what you, I wouldn't know where to buy it. But I'm telling you, these people cook a little distance of oil, they're not getting it. Because we've shut down this thing. It just, it's the, it's the self-own. It's the self-infliction of it all while we're talking about AI, while we're talking about, you know, the entire workforce being relegated to like, you know, obsolescence.

and you know and can we go over physical trades it should just be here's the thing you used to have a world where like you could screw up you could be everyone blames these kids for like going out and following their dreams right but you know it's one thing to follow your dreams when you can you know hey you hit 30 you didn't make it in comedy you didn't make it in Broadway whatever you didn't become an actor now go work at the Ford plant now you know now go be a plum those things are gone because you know those are good fields, well, not the fore. I mean, I'm not sure the American four plants are that good anymore, but you know, if you can get it.

But, you know, it's good to be a plumber. It's good to be a HVAC guy. These are good trades. But people will get, you know, there's not as much going around and people get into that young. You can't just fall into it anymore, the way you could. I'm not to just miss these trades. They were skilled trades. Maybe you wouldn't fall into being a guild plumber.

But you can work at the plant and make a decent enough living. It has some dignity. No one's asking to be Donald Trump. I mean, pre-presidential Donald Trump. No one's asking to be, you know, oh, money, you want you got it, right? No one's asking to be on the apprentice.

You know, they're doing that because there's nothing else. There's not much else. They don't see an option. It's bleak. You know, they're getting, people are getting less for their money than they've had, ever perhaps. Maybe not compared to the middle ages, but a long, long time. You're getting less for your money.

And let me just quick segue. If you'd like to get more for your money, there is an option. And that's the Kump Patreon. Patreon.com slash Ray Kump, where we get extra episodes of Kump every week. And here's the thing. With no price increase, now they all have video. Every bonus episode is video now.

It's a great day. It's a great deal. I give you more for your money. I should be the ringleader. I should be the head of the cartel, perhaps. But we'll start here. So if you look to support the show, the show can use the support, you know,

be a part of this. I might be president one day. One day I might be dead. You know, take the ride with Kump. And if you prefer to watch it on YouTube, you can also, we have the same episodes are available as members-only content on YouTube. What a wonderful world of options.

So yes, so on the point, you know, back to the idea, you know, this idea, we have Memorial Day. You have people who are having barbecues. They're having their hot dog sandwiches. They're having their, you know, potato chip salads. And they have to penny pinch. Or maybe they have to, like, you know, they have to go it out on other days

to make, you know, to make sure their barbecue because they don't want to be embarrassed in front of their family. I mean, look, hardship is fine. It's, you know, life's going to have struggles, right? No, I'm not sitting here going, don't have struggles in life. Don't, you know, put bumpers on the, on the,

on the, on the, on the, on the, on the, the, on the, the, the bumper pool, whether bumper bowling, whatever it is. I'm not asking for that. I'm not saying, you know, to, you know, to, to nirf the world. But, you know, why, why are we, why is our government working against us? You know, you know, we're just to be cutting it. The federal, the deficit's like, what, 1.7 trillion, but the debt is like $3.38, 39 trillion.

How are we getting out of that? How are we getting the bond yield? The treasury yield is rising. So the cost of borrowing everything is going up, mortgages, credit card. everything comes from there, right? So it just, it doesn't, and what is the solution? Well, we'll go, you know, they seem more preoccupied with punishing Thomas Massey for, you know, because he can ask questions about Epstein, right?

Thomas, you know, this week Thomas Massey had a primary, you know, in, you know, is from Tennessee. And because he was, you know, one of the outspoken guys about Epstein, asking a lot of questions about Epstein, didn't want to give it up. And, you know, is this all, which is kind of, and you know, they spent a million, billions of thousands of billions of dollars, a lot of money, right? APEC gave a bunch of money, you know, and they're blaming and they're going, oh, like, you know, I mean, basically, is, don't blame Israel for, no, don't blame Israel for Epstein. You know, it's curious, you know, what was there a problem with him, though?

With just the, yeah, this is the war? I don't know. I don't know. It's just like, there's a lot of things going around. It must be anti-Semitic that he questioned. Why is Antisemetic to bring up Epstein? People are saying that now. Is anti-Semitic to question Epstein?

Well, how is this? There's a lot of absent apologists going around. It's a very odd thing. I get into that, you know, more later on the next week or something. But the apologetics, we've talked about this before. I've talked about, you know, Michael Tracy and all these guys. It seems to be on the rise. And, you know, it seems like it's this war extension of that.

I mean, you know, there's a million reasons for us to go in bomb Iran. None of them help us. None of them help the people of America. but it's a bunch of strategic reasons for other countries. Again, not that benefit us. But whatever, I'm not looking to get political here. I'm just talking about money. I'm just talking about the economy.

Speaking of such, we do have an ad, an ad, you know, another ad read for a couple weeks we didn't have any, because, and hopefully this is going to be a good one. Hopefully they'll pay. Let's see. So it's called, is this correct? Sucket money. So this is suck it.

Are you sick of sitting in a cuck chair watching your own bank account get passed around? Have you signed up for an endless stream of auto pays, ACH transfers, and subscriptions? Do you wish you could stop these companies from taking your money before you even get a chance to know it's there? Well, now you can. with suck it money. Sucket money doesn't bore you with financial analysis or annoy you with withdrawal alerts and it doesn't make canceling subscriptions any easier.

It simply removes all the money from your bank account before these vultures have a chance to get it. Where does it go? Don't worry about it. You're never getting it back anyway. If we gave it back to you, you'd just give it to them. And that can't happen. It's us versus them.

You don't get your money, and with our help, nobody else does. Except us. But we're not the ones who got you into this mess. We're like a disinterested third party, even though the people who own us probably also own the companies. You know, never mind. Don't think about it. Thinking is what got you into this mess.

Let us get you out of it with spite. Spite is all you have left. Suck it money. promo code sucker. I mean, that sounds like a... I mean, look, it's not a great sign if that's what they're advertising now. I mean, we all got to do what we got to do, and I'm not going to turn them away. It doesn't sound like that's very helpful.

But I get it. I do get the idea that you'd rather just not... You'd rather not, like, give them, you know, the people who owe money to, anything. It does feel predatory the way they've set this up, the way they've engineered the financial system. Yes, you don't have to be a sucker. You don't have to fall for it. But, you know, it's, it does seem like it's like a sheep, a house full of sheep and the wolves, the wolves are fucking everyone, right? Is that the analogy? Is that, is that from Aesop's fables? It's a wolf, It's a wolf party.

Speaking of such, this is a, the U.S. Trump says there is no rush for Iran deal. U.S. blockade stays. So, U.S. President Donald Trump is on Sunday. He told his representatives not to rush into any deal with Iran.

You don't rush. Hey, hey, hey, don't, there's no reason why about, there's nothing riding on this. With any deal of Iran, as the administration played down hopes to an imminent breakthrough in a three-month-old war that has been raised a day earlier. The U.S. blockade of Iranian ships in the Strait of Hormuz would remain in full force

and effect until an agreement has reached the Trump's on the true social. Both sides must take their time and get it right. I guess, you know, it does seem, and look, but thankfully Trump's okay. You know, he stayed home from his wedding of, I guess, Don Jr. in the Bahamas, I think it was, or Buta, one of these, you know, tropical place,

because he had to, that stuff going on. I mean, it does seem like it could have gone. And, you know, for his troubles, you know, for his determination of stay,

he got, he wasn't heard, but there was a shooting right outside of the White House. The guy shot at the security thing, and they shot him. And then someone else, I don't know,

did a bystander got shot, who knows who shot him, which side shot him. Maybe we'll never know. Maybe we will know. I'm not, I'm not a conspiracy theorist. Am I? But it seems, it does seem like, well, you know, short of that.

I'm not saying anything fishy about that. It's just, you know, there's crazy people everywhere. It's going to be less and less surprising when stuff happens in general. I'm not encouraging it. It's like, you know, I think it's the kind of thing, you know, where this is not good for anybody. it's not good that people, you know, because, you know, the school shootings go, you know, if you look at the trend from like how on by on by on, they kind of picked up steam. And look, it's always a thing where you go like, well, that's one of the, you know, is that

one to see a start programming people? That's always a consideration. It was in the back of your head. I don't have any active conspiracy theory about that. But, you know, I think it is healthy. You know, anytime something bad happens, don't commit to it. Don't assume it's the CIA or various other organizations like that. But it's always a good thing to kind of go, huh.

It's a little kind of almost like a filter you put it through. Like a little like an ad blocker, like a reverse ad blocker. And the ad is like, you know, did they do? And it doesn't help your life. It's probably better not to. It makes, you know, it tends to turn you schizophrenic and crazy, you know, and paranoid, even if you're right. So whatever. But, you know, but these things kind of, but assuming that's not the case.

The healthier view is that, it's just that, you know, no, evil is just on the rise. That's, that's the alternative. The alternative idea is just, no, evil is ever, is ever gaining strength. And the devil's taking his due. And he's school, you know, his school shootings, his mass shootings increase. Because people just get the idea, uh, maybe, you know, like, could it be other factors? I mean, some people claim that, you know, medications do it. I don't, you know, I have no idea.

I am not, you know, I have not gotten to the point where I'm very comfortable questioning medicine. I don't really understand it at all. Some people are, and that's fine. I mean, I mean, you could argue that I know is little about, you know, military strategy and economics as, you know, I do about medicine. But it just feels more, you know, it does seem like some people, like, you know,

you don't want to, you're worried that if you over-stigmatize these things, that people might, you know, it keeps you. people from, you know, taking their own life, with taking their own life, right? Which is horrible. But maybe the government's like, you know, hey, best of both worlds. I don't want to accuse them of that. But whatever. Point is, you know, there's more and more carnage.

It's going to be costlier in just your everyday kind of safety and feeling of safety to exist, right? The cost of living is increasing. The cost of life. or at very least not dying has increased drastically. So, you know, thankfully the president's okay. Thankfully, you know, besides him and one other person was hurt, you know, the shooter. And I hope no one else ever does this.

And I hope we never have shootings again. But we're on, it does seem like as the safety, you remove safety nets, you remove opportunity. It doesn't solve everything. Or, you know, those things, their existence didn't. solve everything, but they kind of kept certain people in mind. Certain people have a breaking point. Well, it's not saying they should.

It doesn't make it justified. But, you know, it's like that movie falling down. That guy got, you know, Michael Douglas, when he, when he lost his job and he went, you know, he went on kind of a grand theft auto shooting spree, or he started getting more, like, you know, he started killing people and getting their weapons. It was a very easy, he was a white collar guy. It's kind of like that. You don't need people having your own personal breakdowns.

and like, you know, and dark vision quests and going through, like, a Joseph Campbell hero's journey or villain's journey, you know, every day because, you know, they can't work at a goddamn, just let people, I mean, people don't want that much. But why can't we just build cars or aren't? The Soviet Union did it for decades. And if it wasn't for that going into Afghanistan,

they might still be here, they might not. You know, we keep, we're gonna take on Cuba at what cost, I don't know. They've indicted the old guy, Louis Castro, whatever his name is, Bob Castro. I can't keep track of everybody. What is the whole heart on we have for Cuba? Are they let spies it?

We have spies in the government. We let our government be run by other countries. Literally, we literally let our government just be co-opted by other countries and we're worried about spies in Cuba? It just, can we cut their shit? I'm not saying that communism's worked well for them. They say they cured lung cancer. They made a vaccine with banana peels.

Is that true? I don't know. But they seem to believe it. Let them have it. Let them have their world. I mean, I'm not saying communism works. I think certain things, you know, certain elements of the safety that works, right? I think just having a, just build some infrastructure.

We keep leaking goddamn sewage everywhere. You know, they leaked the sewage leak in the in the in the island There's sewage you know there was there's a goddamn chemical thing going on in orange cany California right now I mean what is going what is there an update on that this thing is crazy Orange County chemical leak this thing is just you know it's scary Wait did it go no so this is a Oc toxic tank on path to spill or explode crews find cracking tank that can be relieving pressure doesn't seem like the right uh what is this in our closest wind monitor in that area is going to be our Anaheim one

and it's showing that right now we're tracking southwesternly winds anywhere between 15 to 20 this is this is the bait you get you try to go on local news and they give you the bait um it's a chemical tank it's leaking and you know people have to evacuate now right and it's causing a lot of problems it could blow up a lot of Orange County I guess

I mean I hope they'd have had to evacuate a bunch of people what is you know what would be are these things no again I'm not shooting my mouth off but you know other countries seem to do infrastructure better than us I watch these shows on like Hulu you know, it's like, you know, European engineering. They make all sorts of weird stuff.

They make these sewage plants that go for miles with these massive things. And like they're just, they dwarf. They capture the imagination. Other countries take sewage. You go raw, human waste, shit and piss and blood and come. And they turn it into like a, you know, engineering Marvel. While America just seems trapped in its own filth, you know, we, we, there's no denying that we sparked the industrial revolution. I mean, I guess Gutenberg might have started with the printing press.

But a lot of the good stuff we made, right? We were at the forefront of a lot of shit. We had, you know, we had a lot of opportunity in America. We had the, you know, open resources to take. well the Indians had well you know they didn't defend it I mean I'm not it's not moral question it's just a matter of you know we had they were there it was oh you know dude you here's the thing the Indians didn't have castles and sometimes

castles are good because you know in England you couldn't go poaching if you tried to get a deer in England they'd shoot you they'd hang you you know you know what Robin Hood was about about poachers basically and so you know um and it was really restrictive on the economy now you know so The lesson that we learned there is, like, hey, take the foot off the neck of the people and they might produce some stuff. But also on the other end of it, build a castle if you want to protect your resources. I don't want to tell you.

You know, it's like, I can't be the only threat that ever existed. And wasn't me, I mean, what do I mean, we? What did I get out of any of this? And what are most people get out of any of this? Like I, I did. First of all, my ancestors weren't even here, but whatever. But also, how am I, I, I'd love to be out there with, with, you know, with the, you know, in the name of me. running playing the cross, you know, looking at the stars, riding horses, you go, you ride

a horse cup, I'd be in better shape if I was in the Indian back in the 1800s or whatever, 1600s. I'd be, I wouldn't get out in fat. So shut up. It would have been a paradise for me. So I don't act like, you know, how am I benefiting? Because, why? Because I have an electric razor that, you know, trimmer, like trims my shit beard.

I have, you know, I live in a crap apartment. I've mass-produced goods that I only like. You know, I'm eating, you know, if you want to have a subway sandwich, you know, you treat like trash. Kevin O'Leary, you know, pops out of the sea like a shark and just tells you what a scumbag you are because you want to have a sandwich. You know, don't don't put this whole weight on me. Don't put this whole whatever, you know, this is how a YouTuber killer, Hamer turned financial train wrecks into a big bit. This is Caleb Hammer.

You know, I mentioned them in the cold open. Now, look, I'm all for, uh, you know, YouTubers.

And look, maybe that's the answer. Maybe the answer to all of this is to get off your ass and start shaming people to start telling people what they're doing wrong. There's always an economy in that. You know, I, you know,

I tend to try, you know, my problem is I tend to like, you know, uh, talk about politicians or tech people or people of note. But, you know, maybe I should just find randos and go, what the fuck is wrong with you? You fucking, you can't pay your rent? Let's take a look, you piece of shit. You know,

let's see, what's going on? So these guys, I think his articles, you know, paywall, whatever. He's, Caleb Hammer learned about money the hard way. The host of the hit YouTube show Financial Audit, who regularly choose out his guests for getting into extreme debt, grew up poor in Portage, Michigan, to young parents were going to low wage jobs. can never do the nice things other kids could, hammered total business, and stuff, but they were paying off the debt. Yeah, all right, no one,

no one, who's doing the nice things? All right, just, these guys, they want to justify picking on people, or just whatever, they all come on. I'm just saying, it's a strange account, it's a strange time to bring people on and go, hey,

this, it's not, it's not the fact that jobs are, you know, open, like the stock market currently relies on the idea that jobs are being, thrown into a wood chipper. That's a fact. That's a goddamn fact. All we have going on right now is AI.

Whether it's, whether it's, you know, false promise or not, whether it's, you know, a potency scheme with $20 trillion just floating around the same five companies or whatever. It's based on that. And the only reason,

it's not that people will get, no one cares about the Mars colony right now. No one cares, you know, oh, you'll be able to recline in a hammock, and he berries while machines do your labor. That's not, no one's pricing that into the fucking stock, right? That's pumping up the Dow Jones and the S&P 500 and the NASDAQ because they're, the plan is that they're going to shred jobs with this.

And they're already starting. They're already starting to shred these jobs. No one's really denying it. And so it just seems like an odd time to, you know, to go, what, you know, what are you doing wrong? Well, what, well, you know, how could you be maximizing the scraps you have left over after you pay these, these slum lords to live in this part of black mold, right? And rats and roaches.

Yes, you could make better choices. But the price for not making, you know, the financially sound choice of 18 shouldn't be you being relegated to a financial underclass forever, right? Right? I mean, again, I'm not asking, I'm not saying these people need to be the head of the, you know, the head of Jamie Diamond's city bank or city corp,

wherever he runs, JP Morgan Chase, or, you know, or be head of Goldman Sachs, or would it be a Kardashian? Just let people live. Let people have, you know, just a comfortable enough place to live, right?

Oh, they didn't have that in the 20. What the fuck are you talking about? They'll use like the honeymooners or something. The tenements and, you know, gangs in New York is an example. Like, why are we trying to go back? The rest of the world does not view its people as adversaries. You can argue about, oh, the NHS, which is the healthcare in the UK, is, uh, you have to wait six weeks to get a, to go see a, I don't think that's true.

You, but I'm sure they don't, I'm sure they, you know, if, you get your arm chopped off, they might not do as good of a job putting a robot arm on you. If you're in that financial class, I don't think you're using the NHS anyway. And regardless of whether it works or not, what do you care? What is the, this idea, this Stockholm syndrome, I'm all for the free market, in theory, right? But it doesn't seem to be free. It seems like it's being looted. So why are we all getting together going, oh, but it doesn't, we're all, we're all, we're all economic,

of philosophers now? Well, David Yume, worrying about the soundness while they fucking take and take and at a certain point, you just got to fucking stop being a sucker. Oh, the communists, they, they try to get in. Am I giving you shit? No one's given me

anything. I'm not communist. I'm just saying, hey, stop fucking me. Right? Where's the party? Where's the political party? I'm like, hey, just stop fucking me. Just stop fucking me. Is it a Republican? You say is the Libertarians? Is it the Tea Party? it always it always seems to devolve into like culture shit and like you know uh and just and and and these like weird things about tag you know there should be they they seem to be engineered everything

seems to be engineered so nothing of substance actually gets done if i you know if you parted my uh sent cynicism but no you got the let's have david lamp may rams with dave ramses i say david ramsie before you know whatever i'm sure you know i'm i'm i'm i'm i'm I'll be banned from YouTube for that. I apologize. I hope I don't get banned from YouTube for saying David Ramsey. But you know, Dave Ramsey and Caleb Hammer.

I should start one of these. I should start a thing where I, you know, people give me their, you know, bank account numbers. I start going through it and I go, uh,

how do I open this? Do I need quicken? Do I need quick books for this? No, it's the PDF. Oh, I don't have Acrobat. Uh,

can I sign up for a trial? I'll figure it out. Yeah, maybe if I poured it into Google. I got it. I'm sorry, I can read it now. Because you guys are fresh. You can use my lap. No, I got, I imported it to the Google Docs.

It works now. I can see it. Okay, so it looks like, uh, what is this? Hermanos, Deli, Hermano. I mean, if you look at my bank statement, you know, these all these just Hermannos, delis, and whatever. These, none of these things in your bank statement never makes sense, by the way. These things that you look at, um,

they often don't just say, Delhi two blocks away. Which I guess it would be hard, you know, that's a relative, but you know, it does seem like they kind of obscure who they are. I'm not sure how they benefit. But it's like, you know, it also seems to the lag. You open up your bank app. And this is why I don't have to show, the financial audit show. Because I'm talking about this instead of going like, hey, you dummy. Hey, dumbass.

What? What do you, you went to a gym? Why don't you lift some guy's child? Just go lift a child. you go to the park and lift rocks well yeah i i run on the treadmill run into run into run in the street what's wrong with you why don't you why don't you eat less like you know you know hiberlycemic i mean why don't you just fucking uh steal your food that's what i would be maybe i'll do a financial planning show where it's just like i mean is it actually illegal to tell people to do crimes

because that would be all my dick just shoplift more i don't shoplift but it doesn't it seems like If everyone's going to shoplift, they're not going to prosecute you for shoplift, the best financial advice would probably be the shoplift. But, you know, but again, that's not advice, and I don't think I could say it. You know, but they never seem to do anything to help people. They don't say, you know, hey, why don't you tell me how to set up one of these scam businesses where I scam people on YouTube with the streams. I've seen these, there's these channels that, like, you know, show you the scammers.

But they don't know, you know, I'd like a channel that teaches me how to be a scammer. How do I all you're scamming kids you know if I have a kid I'm not getting scared you know there's let me know nothing the bank account These people you're probably scam these people you're scamming is the parents they're probably rich kids who the hell's giving them their credit card You know you probably you know you use who's kid your scam is is is is Jamie diamond and and and Kevin O'Leary I mean roadblocks why what is Roblox whatever It's all very very scary stuff It's a little very, what to know about, oh, this is going to cost a lot of money.

This is, this is also, this is Caleb Hammerer's website. Take the two-minute quiz and get a custom roadmap to unfuck your finances. Become a Hammer Elite founding member. Sign up for the wait list now. What does that mean? Become a Hammer elite. I need to start doing that. I need to start getting people into business.

A lot of people use. Clips, people, they clip up the, you know, hey, you clip up my show and you get a kind of thing. It seems to me the economy of that, right? Like, guys are clavicular and whatnot seem to, I think you're pretty open about that. And whether they're open or not, there's an article, you know, you can read articles about this online. There's a whole economy of clipping. And you make a lot of money doing that, apparently. And I'm not telling, you know, I'm not saying, hey, hint, hey, you know, you know, someone wanted to try clipping comp.

let's see how that goes. Maybe, you know, maybe I've become the next big thing. Or maybe a lot of people lose a lot of money because, you know, opportunity costs. I don't, you know. I'm, but why is that my, why am I leading with that? You got to, we all got to get better of confidence. We all have to be, get better about not, you know, like, I'm a conspiratorial person. I'm a skeptical person.

I don't, I'm an open-minded person. But that's kind of what my hope will hold you back a lot, I feel like. And I'm not saying just go into the, you know, become a wild, a charlatan and become a you know i'm an a spirit guy who makes spearious claims with everything i am not saying that i am just saying that you know sometimes don't you know you can ruin the sale uh i was told that a lot in my life different jobs you know how much i ruined i talk too much that i ruin a sale um let you know let if people want to make clips but that's the thing you we're gonna have to uh they're they're pushing us into this situation where all you have is content

all you have is this only fan or financially audit you know um there's the there's just the there's the there's the chud the builder type stuff which is just problematic you know and dangerous um but you know why wouldn't it be better if we just had a company if we just did infrastructure if we just made a sewage plant that looked really cool that was actually you know why can't we just make jobs. I'm not saying print, we're already printing money. That's the thing. The Fed's already printing so much money.

We're doing all the worst things. Like, you know, again, I'm a, I'm a libertarian. I, you know, recently that I'm just going to start saying that again, because I fundamentally kind of am. I'm too skeptical about it. We'll just work with that. But whatever. But the Cardinal scene is always printing money, right?

So if you're concerned is like, you know, the inflation, Well, making jobs, while it might be inflationary in some degree, is a lot better than just printing money because at least you're, you know, you're paying the people. You know, by extension, you're paying people with inflated. But instead of printing money and then just putting that into the financial system and loaning it out, no, you print the money and pay people with that printed money. You know, you can figure out the money mechanics of it all. You know, watch Zite guys to figure out how to take the Fed buys bonds and then. And the Treasury makes bonds and the Fed buys them, whatever. The Federal Open Market Commission, all this horses.

Don't worry about how. The point is, you get people working on sewage plants, high-speed rail, all sorts. Things that would help factory infrastructure. Not what are data centers. I don't know if we can't have any data centers. What are we doing with all these data centers? They're all, they're probably a canard. they're probably, to some extent, I'm not saying completely, but to some extent they're on paper, they're real and they exist, but they're lagging, and they, they're something that you can book now in the accounting, right?

And you can say, well, we have this data center, we have this kind of capacity, it's actually open. It's got 100 million terabytes of capacity, which I don't know if that's a lot, 200 million gigaflops. Well, that sounds great, and it's open. It is open. Now, right now, the fine print is that only five gigafops are available. You know, yeah, but it's open and it's got that capacity, right? It's a wordplay thing going on right now. So, you know, that's the kind of thing we're going to look back and go, oh, that's how they fucked us.

That's why it tanked. Like, you know, why did the mortgages actually, oh, because everyone bought credit default swaps from AIG and didn't think about the idea of counterparty risk, that what if AIG, you know, sells all these credits of false swaps to the point where if the fucking thing collapses, they can't afford to cover it all. And they go down. Well, how could the AIG go down?

Well, they did. I guess we bailed them out. But, you know, but that's besides the point. That's not the only thing that happened, but that was a big part of it.

That was one of the big, you know, the big fucking. And so those, and, you know, we're looking at, how could they,

I go wrong. I mean, this even, it doesn't even seem like as, because at least with the housing thing. Well, there are houses, right? I mean, how much can it collapse?

People forget how much they went up in the, in the bubble. This bubble with AI, you know, they're just, you have to keep pace with the, with each other. You know, they're competing with each other. And Open AI won their case this week, right, against Musk. Musk tried to claim that they broke their trust or whatever with the, by forming a profit, becoming for profit, which I don't know the legality of it.

It seems like they made an entity that was a for profit. Should nonprofits be able to do that? I'm down for saying no, but what do I know, right? But yeah, they didn't get this missed because of the statute of limitations. It just seemed like this guy,

I don't know what the implications of this are. Everyone, I've had a long time, well before everyone turned on on Musk. I was against Musk, right? And mostly, my big colonel, if people forget, was when he had that thing in Thailand.

with the kids that got missing in the cave we're not missing we know trapped in the cave and he wanted to use a submarine and these guys like we're not using weird experimental submarine and he tried to call him pedophiles it's just been very scummy and i'm like wow i don't like this guy because this guy's jib and uh it became it became very fashionable for a lot of people to go against musk in this case i don't know is he if you know of course he's wrong in the case of you know you have no standing because you must the statute of limitations expire but is it is it would it be beneficial or like is this a foreboding thing to have open AI like what legality aside you know here's the thing you know because if open AI goes down does that just mean muskest

to run AI with his companies and then was it give him a bigger stronghold or does he get you know does he get equity you know yeah are any of these things good i don't know but the point is they're all competing with each other and uh that might and so they're all kind of like beat each other to the punch This is the case where competition is probably hurt and everything Because they're all trying to like you know not miss out on opportunity and they're to build out These tremendous amounts of computers or servers and if they fuck up it's it's it's it could be game over the more the further down this spiral we go The more becomes a problem the more becomes like you know you fuck up one cycle of of innovate you know because these things you're building out like a trillion dollars at a time At a certain point of infrastructure

And when he's like two or two or two or or ramps or whatever. So if the demand does start going down, you could be on a highway the hell. That seems like a real... The highway the hell. Highway the hell. What's going on here?

This is... To get the straight open, Trump had to leave the hardest issues for later. So if this deal goes through, which we mentioned earlier in the show, President Trump is handling his agreement with Iran as groundbreaking. I mean,

interesting as ground. Let's see. Let's see. The temporary agreement the moment announced this weekend isn't a peace deal. It isn't a new,

isn't a nuclear deal. It's a, isn't a missile deal. I'm sorry. I'm mumbling and, and those may yet come, perhaps in a few months. There was senior United States

officials said there was no agreed time limit for nuclear talks, blah, blah, blah. The best news from his at the break negotiation between Washington and Tehran. these guys make the sentence too long.

The choke point is de-escalating. There's no small thing at a time when... So basically, you know, I think the summary of this is that if this is going through, which is, I mean, honestly, this whole thing of like... Is every week now. Like, you sort of know, okay, I talk about this every week, right? It comes up and you go,

is this even more talking about? Because it's like, what am I going to do every week? Go, well, there might be... be a deal. Well, there might be, you know, something might occur. We, we'd like to get the straight open. Or, like, you know, it's every, every episode going to be like, well, here's how the straight not being open affects you. It just gets repetitive, right? So I've kind of noticed it more. And, yeah, maybe we all have. And it just seems like, uh, if, it's always disheartening when, like, you hold out and then you go, oh, we could have had this two months ago.

We're just not done it at all, right? We could have just not done it at all. And that would have been cool. Everyone would have been very happy. But, you know, to basically be told, like, well, everything we said had to be a prerequisite is not going to happen. It's not, we're not, you know, you're not getting any of it. There were two weeks away from a nuclear bomb, and it's still going to be that. Yeah, it's very interesting.

So it's almost like, you know, it's, it's almost like the only thing about this was maybe, don't talk about Epstein. Have you learned your lesson? Don't talk about Epstein. Seems like a chill, you know, I don't like it. I'm still talking about Epstein. Granted, not as much because, but, you know, but, you know, Massey, he paid the price.

What are you going to do? U.S. Treasury tests, Washington, tolerance, to hire, this is the whole thing of the Treasury thing. President Trump, uh, resolved Iran's being tested. And enough would just, just, Higher yields mean elevated borrowing costs for businesses and consumers while rising oil prices push up inflation expectations. These ministers, I can just write for these companies.

I think I phrase this whole thing much better than this. The markets are showing him pain and he has to figure out how to unwind it, and that's not easy, he says Greg Fenello. We're already at levels that ultimately will spill over into mortgage rates. I guess I'm talking about the Fed chair. But whatever. Burgets focused on Trump comments about Iran. That's the thing.

You can't, like this idea, it's interesting to think about, like if we decoupled from the, it used to be everything the president said, it still seems to be a big thing. The president can say, when are we going to stop worrying about it? Never, because it's no,

it's not like you have like 10 guys, you know, who run firms who get together once a month. You know, that's when the old network might, you know, the old skull and bones network might have been good because they might have, hey, hey, everyone just chill out. Every time he talks,

you don't have to, like, respond with the market. and, you know, and dump the stocks or whatever, whatever happens, you know, screwing around. But, you know, the reality is, it's just this kind of, you know, it's a bunch of coked out maniacs of Bloomberg terminals who just, you know, you can't be, the one thing about capitalism is you can't be the last one. It's a game of musical chairs and there's only one loser. There's a million winners.

Well, there's a few winners. There's a bunch of whatever's and there's one loser. The one thing you can't do is beat a loser. You know, the last, was it the last fool or next fool? There's some expression in economics. You know, the cuck chair guy. The guy with the cuck chair. You don't want to be that guy.

What Dave Ramsey and Caleb Hammer told me about handling money. From Ramsey's strict discipline to Hammer's blunt reality checks, their lessons reveal how to save, invest, and repair for the future. When I was in college, Dave Ramsey's voice echoed in my head every time I stood at the checkout line. His words, you must gain control over your money or the lack of it will forever control you were enough to stop me from buying things.

That's the thing. Look, that's a fair point. It is, uh, no, because I don't, look, do I, do I wonder why Caleb Hammer is just, you know, oh, these people, you know, do this seem exploited? I don't care about, you know, exploitive it seems a little, you know, I mean, it's, I'm not saying exploitation's good, but like that seems like a soft thing. to say but it's more like what is what is the point of all this what is the sum total and like he seems

to you know really not like when people you know there's a lot there's a lot you watch him i watch all these clips it seems like you know he brings up a lot of these things where people are scamming you know are you know are you scamming the VA and it's like is that really the issue and some do it's happened on X and people go well people are you know overusing the VA and like the disability benefits it can't probably is that is that why we're in situation we're in but whatever but you kind of you know disregard you can people are lost and I'm not saying I'm a real well it's easy to get lost and so maybe we just need to we need to scold each other because you know these guys say hey I didn't you know you just

just just don't buy anything and go well doesn't seem like great advice but it helps people because they're just it is kind of a thing where like when things are bleak you just want to you want to fill your your gut or fill your or buy or buy something because all they do these companies spend all this time trying to get you to buy shit that you don't need. That is true, right? And like, it is very interesting. Were you, were you a moron?

You spend money on $28 on lunch? And you go, yeah, but like, they will also complain if you don't go out to eat. And like, well, the restaurants now are,

because Gen Z won't, you know, won't go out of dinner. It'll, they'll blame you on both ends. But, you know, but people,

there is just this kind of, we're addicts on some level. And you can be addicted to positive. On a positive way, you can be addicted to God. That could be good. A lot of people who are religious, doesn't be very judgy, and that's the addiction.

And that's, you know, that's not the bad. But, you know, there are plenty, there are religious people who are just like, hey, I want to do the right thing and help the home. Make your religion something that's positive. You know, Jimmy Carter built houses. Now, he was a president, so he could just kind of, you know,

if you want to do that, you're going to be on, like, the shit ends of it. You know, he probably was able to kind of go, make his own hours and, like, you know, show up whenever he wanted. You're going to have a harder time of it if you want to be the house builder. But, you know, some kind of charity thing. These are nice addictions.

But most people have, you know, addictions that are on some level hurtful. And these companies have scientists. You know, instead of building, that's a problem. That's a problem. It doesn't mean that capitalism is not good. But it is a problem because you have people who gets, who gets sent us college for 10 years. years were geniuses who instead of like designing you know making making the 16 chapel or making a new gun and there are people who make guns no you know let's

I kid ourselves but their job is to make make you need Doritos to make you need a Chalupa and that is a little bit of a problem that could be problematic because you know where how do you factor that in with Liberty right if they're using science against you. It's very easy to talk about bootstraps. But if I'm literally, if someone's, oh, well, they're not literally addicted to a Dorito chip. It's not like crack. How about your wait 10 years?

They're going to, you know, when they figure that out, they're going to start raising the price of Doritos, telling you that much. That's, that's the reason you can afford it. The only reason you can afford Doritos is because it's not crack. So let's cut their shit, right? People got weaknesses. And, and again, and probably the biggest, the biggest, the biggest, It's to be a judgy cunt. People love to be, you know, fuck you, you fat, whatever,

or you broke this, or you're fucking, they just love to shit on each other. And I'm not, you know, what am I saying? Am I saying, Teresa? We all like to do it. We all love the roast battles. We all like to see Kevin Hart and Tom Brady, you know, slugging it out, just fucking taking shots at each other.

It's tremendous. It's a great joy in life to see, you know. But, you know, maybe we should take that energy. and I don't know makes him kind of you know Nate Bargatsi's got a bunch of money and he's building this park this Nate World

which you know look that seems crazy it seems like you know is there a thing here I mentioned it on the bonus episode this week but I didn't go too much into it but Nate Bargazzi Park Nate World is called

Nate Land I'm sorry Nate Land just seems to be his friggin That's just his website, Nate Land. He's making a goddamn theme park. A comedian, Nate Bargazzi. Whatever. They seem to be hiding it.

I'm trying to, you know, now I'm what that one, I'm gonna start beef with Denver. Hey, comp, I don't know who you are, but I heard you talk about my Nate land. Yeah, I heard about it in the news. Shut your mouth. What do you shut the fuck up? You don't even, you know, this whole comedy.

You're fucking nobody. Okay, I thought you were a nice guy. I thought you were the guy who was like, you know, hey, my wife. I don't know how to feed my kids. I do that feed my kids. I said, act. I do that act. I'm actually very smart.

I went to fucking Harvard, you piece of shit. All right, I'll cut your throat. And it's like, Jesus, dude. I mean, you know, look, it's a good act. He's making a theme park. It seems like a crazy idea. But that's such a better thing to do than there's just a good thing to do then they're just kind of buy five more houses.

You know, is it going to be financially beneficial? I don't know. Is it going to do well? I mean, if it doesn't do well, does it become like a weird ghost town? That's also cool, though. You'll probably get some cool art out of that. And people might get hurt if something closes down.

But whatever, it's not going to be his problem. He'll be, you know, I'm not saying they will. Don't sue me. I'm just saying even the worst case scenario, it's like it's better than like someone. fucking these billionaires buying more super yachts. You know, I guess the super yachts. Who makes the super yachts?

Are those made in America? How many people work on the super yacht? How do I get the... Those jobs seem to be kind of abstract. You know, if we're going to have all these billionaires, right? And multi-100 millionaires all over the place. How do you get a gig making, you know, there's no Ford plant? So how do I get the job working on the super yachts?

That seems like, do those not pay? I guess it's probably likely those jobs don't pay well. You would think they would. You have to be, you know, they have exquisite craftsmanship, these super yachts. They seem to hide those things. Or maybe, you know, maybe not. Maybe I'm just talking on my ass. But why don't we have, we should have a bigger opportunity.

Maybe there needs to be a training of being, being, being, If it's going to be a bunch of rich people and then us, why don't we get trained to become butlers? Why don't we get trained to become Alfred from from Batman? You know, it feels like your slave. Sure, oh, here's your soup. Here's your vicious swath soup. No one wants to be a servant. But I mean, it is cool when you all, he could do so many things.

He could, you know, he could sew, he could, you know, cook well. He even knew how to do, like, because he was technically, S-AS medic which you know like a special forces guy which kind of I feel like it's a dumb addition I feel like that Alfred should not be a military special forces medic um it makes it you know more plausible why Batman can survive things but that's just that feels cheap just get some guy that works in the sewer that can help save Batman I like the old but you know Alfred where he's just the British butler why not you know and maybe we can explore butlers from our country We can become the best servants.

And there's nothing wrong with that. There's nothing wrong with, you know, Jesus wanted us to serve. Jesus was always telling us to wash each other's feet and shit, right? That was a nice thing to do. So I think we've gotten away from, you know, service. I, you know, maybe you go, it's like apex tech. There was a school apex tech where it was like,

you learn a, you learn the tool, you get the tool, you put the tool in the toolbox. You keep the tools at the end. It was a great thing, right? It's just played on like Channel 9 and stuff When you're watching reruns of perfect strangers You make the same thing with Butler You learn you learn to make the tea

You get the kettle You keep the kettle You get a tuxedo You get a tuxia You come to the tachl butler school Bray-Comp Butler School You get a tuxedo You get the t

The tea What else the other else the butlers do You get the sewing machine And we're giving people a lot expensive shit here I mean this can't be a great sewing machine It's got you know Maybe got a skit this down. You get a tuxedo

it's not a great one. That's the thing. The butler, if you're, if you're, if you're, if you're a billionaire, is your butler wearing a custom tuxedo? Because if he doesn't, it looks kind of cheap, right? But maybe you want that. I don't know. That's the thing. I mean, I might be training a bunch of people and giving these like

tuxitos that are basically like, you know, for a cheapo, like, prom thing. And then like, they go on an interview at like, you know, the Rockefeller estate. And they're like, get out of here. You look like shit. You look like a sweaty donkey. Get the fuck out. We're rich. Don't you?

Our butlers come from Oxford and France and stuff. Well, I went to Ray Kump School of Butler's. We know about Ray Kump School of Butler. We know about Ray Kump. He's done you with a disservice. And we're, you can take some solves in that we have people hunting him down right now. But in the meantime, get off of our land. We're sorry he scammed you.

And I didn't scam him on purpose. I just didn't, I didn't realize how exquisite their butlers were supposed to be. So I apologize. You know, you got to break a few eggs to ruin your life or whatever it is. You got to, you know, you got to break a few eggs if you're a butler, be a butler. Butler, Bow is butlers. Ray Kump, that's a quote.

What was my life? I wish I was a butler. Something like that. Anyway, thanks for tuning in. I appreciate you all watching. Like and subscribe if you can. Comment about, you know, what kind of butler you'd be. comment the ideas for this butler school uh and again if you want more episodes uh patreon.com

or you know youtube members only it's the options are great it's all we're all going to be okay hopefully have a great week