The Trillionaire Mindset - 2: The Trillion Dollar Coin

Episode Date: October 11, 2021

Trillionaire IG: https://www.instagram.com/trillionairepod/ Trillionaire Twitter: https://twitter.com/trillionairepod TMG Studios YouTube: https://www.youtube.com/tinymeatgang TMG Studios IG: https...://www.instagram.com/realtmgstudios/ TMG Studios Twitter: https://twitter.com/realtmgstudios BEN https://www.instagram.com/bencahn/ https://twitter.com/Buncahn EMIL https://www.instagram.com/emilderosa/ https://twitter.com/emilderosa  *DISCLOSURE: THE OPINIONS EXPRESSED IN THIS VIDEO ARE SOLELY THOSE OF THE PARTICIPANTS INVOLVED. THESE OPINIONS DO NOT REFLECT THE OPINIONS OF ANYONE ELSE. THIS IS NOT INVESTMENT ADVICE. THE VIEWER OF THE VIDEO IS RESPONSIBLE FOR CONSIDERING ANY INFORMATION CAREFULLY AND MAKING THEIR OWN DECISIONS TO BUY OR SELL OR HOLD ANY INVESTMENT. SOME OF THE CONTENT OF THIS VIDEO IS CONSIDERED TO BE SATIRE AND MAY NOT BE CONSIDERED FACTUAL AND SHOULD BE TAKEN IN SUCH LIGHT.*

Transcript
Discussion (0)
Starting point is 00:00:00 We'll share it for just getting hammered this morning. Wow, here we go. Episode two of the, I was going to say the tiny Trillionaire meet podcast. The tiny Trillionaire gang. I think we just say, welcome back to the trillionaire mindset, the only show where you can sue the hosts. Yeah, the only show where you are legally able to sue us. That's a joke, you're not, because we are not. It's not a joke, we'll see you in court.
Starting point is 00:00:56 You were. None of this is like financial advice. Nobody even told us to say that upfront. We're just saying it right now because the cops called. They got pissed. Yeah, the cops called and they were like, hey, you guys, you got to cut that out. Yeah. You got to cut it out. Stop getting people so rich. Yeah. We did see a lot of your comments, um, bragging about how much money you've made so far. And we love it. Keep those comments coming. We also want to say thank you. Oh, big thank you.
Starting point is 00:01:25 Big, big thank you. The Trillionaire Army came through. Yeah. I'm gonna stop calling the Trillionaire Army. Yeah, that's really corny. There's not even that many people. Not even close to a true person. We don't even have 10 billion.
Starting point is 00:01:35 We're like a local militia. If we include everybody's fingers. Right. But that even the 8 billion times 10, that's 80 billion. And that's including everyone. I'm just showing off. I don't know what the heck I'm doing here Anyway, thank you you guys made us number one on Spotify and Kind of close on Apple. No, that no, you know, that means Apple's got a step their game up You're an Apple listener. I don't know what you're doing. Okay. We inadvertently started some beef on Spotify with the Stanford Business School. Yeah. Screw them. We hate
Starting point is 00:02:09 you. We hate you. Stanford Business School. We left them in the dust. They were beatness. Then we shot up to number one. Yeah. Apple, if you ever let Stanford Business School beat us, though, we'll never forgive you. I swear to God, Apple, Tim Cook. If you're listening or watching right now, which I know you are. He is a little bit. You gotta send me some free air pods and do something about staying for business school because those pieces of garbage are, there are problem.
Starting point is 00:02:37 If any business school podcast beats us, we will, and you know why? Cause business school is for chumps. Right. You're gonna learn everything you need to learn right here for free. Yeah, it's exactly right. So there were a couple of people who dropped out.
Starting point is 00:02:48 They messaged me on Instagram. They said, I dropped out a Stanford Business School because I've got everything I need. Yeah, well, I mean, this is everything you need. So on that note, keep tuning in on Mondays. Please continue calling and sick to work and not going to school. And leave a comment and let us know that you did that because we do read every single comment. We're obsessed with ourselves. We are obsessed with joking around,
Starting point is 00:03:12 but sincerely thank you for everyone. Yeah, really. Except for the very few, some of you, there may be a couple of unwell people. Yeah, there's people who talked a little trash. And you know, that's your opinion, but it's wrong. Also just know that my mom and my girlfriend read the comments and they report every mean one for bullying.
Starting point is 00:03:32 Yeah, and you know that if you hit thumbs down, you get a virus on your computer. So that's your prerogative. And yeah, if you want to do that, well, let's take a look at some of these comments because some of my favorites were, there were some people who said that they can't wait for their dad to die.
Starting point is 00:03:48 Yeah. Hey, can't wait for their dad to die. And you know, I'm not giving you any ideas, but you don't have to wait for your dad to die. And I'm not saying that you should kill your parents. Oh, we would never advocate for that. We would never advocate for your parents. That is not the trillionaire minds.
Starting point is 00:04:02 That is not. You know what is hugging them? That That is not the trillionaire minds. That is not. You know what is hugging them. That is very much a trillionaire minds. Wait, can we look at this one? Cause this is my favorite comment. Why don't you read it for us? That came through. I think I sent this one to you.
Starting point is 00:04:15 Love in the ad. Hannah Murphy says, love in the ad how Ben says he got scared and puked on himself. He really radiates that type of energy and vibes to me. Like I could imagine he gets scared and pukes on himself quite often. radiates that type of energy and vibes to me. Like I could imagine he gets scared and pukes on himself quite often. Love the podcast boys. That's your vibe. That is my vibe, I guess. Hannah is of course referring to our very first ad break around 20 minutes
Starting point is 00:04:34 into the pilot episode if you haven't seen that. But well, I don't know what gives Hannah that impression that I've got vomit vibes that I get like, is it the glasses? I don't know, probably. It probably is. I mean, we've been programmed popular culture and media has programmed us to think that bald people are gonna die and that glasses people are gonna die.
Starting point is 00:04:56 And moves. We'll probably die. Bald people and glasses people die in movies. Is that true? Yeah, Jurassic Park, the lawyer and, Jeff Goldham. Even Newman, remember he gets sprayed? Yeah, he does. He wears glasses, that's true. Because it's weakness. If you have glasses, you're inherently weak because you need to supplement your vision with these things. Like, if I was a caveman, I'd be out there going, yeah, you would die. I can't see,
Starting point is 00:05:20 is this a bear or a dog? And then I'd get cuddled by a dog? It'd probably a wolf at that. Yeah, it's true because they hadn't been domesticated yet. Let's see what's another comment that we get What else did we get? We got some fun ones. You know who could have told you that? You're dead But he died had me fucking crying laughing if that if that if that is the tone fat will be set I'm a bee here every week I think you did me that but I'm just reading what I see on the thing. That's all they, it's all me. I guess I said that to you. Yeah. It's weird. When people write things out, you miss all the context.
Starting point is 00:05:54 It makes it seem like I was being mean. You know who could have told you that? Your dad, but he died. Yeah. Well, I said it nicely. It's still funny. Yeah. And yeah, that is going to be the tone. We are going to be making fun of the dead. Because look at them. They's still funny. Yeah. And yeah, that is gonna be the tone. We are gonna be making fun of the dead. Cause look at them, they lost.
Starting point is 00:06:08 Yeah. You know who's winning? You, you're still alive. You're still breathing. And my dad called and said he's proud of both of us. So yeah. Can he be mine? Sure.
Starting point is 00:06:17 Oh yes. I don't even know his name. Well, I guess I don't, I don't need to cause he's dead. You just call him dead. Yeah, tell that I said that. I don't know his name. Tell that I said you don't know his name. I guess why would you? It's dead. It's dead that. Yeah, tell that I said that. I don't know his name. Tell that I said, you don't know his name. I guess why would you?
Starting point is 00:06:26 It's that. Is dad to Rosa. What else we got? We, uh, high, love the podcast. I only have one remark. You should buy chairs with more back support. You guys should pull up your shoulder.
Starting point is 00:06:37 You guys pull up your shoulders the whole podcast. This will put stress on your shoulders and neck. Give it two months and you'll have to see a doctor. Okay, see this I have a problem with this. What are you a doctor? This guy doesn't understand, I've seen a couple of these, these people don't understand, never get comfortable, right? That's what keeps us grinding.
Starting point is 00:06:52 Yeah, that's what keeps us grinding. Comfort makes you complacent, this is the trillionaire mindset. Try to stay grinding at all. Yes, we gotta keep grinding, and you gotta keep the economy churning by visiting the doctor because that's how you put money into the system. You gotta pay those doctors, man. Yeah. Because then those doctors go to McDonald's.
Starting point is 00:07:12 Yeah. And they pay the wages. We don't fuck up our back. Who's gonna prop up the failing American health care. That's exactly right, Emil. Yeah. Anyway, what else do we have? We got, Emil is as mysterious as Noelle's race.
Starting point is 00:07:25 Okay. That's a big hum from me, but we'll get to my story. Just keep tuning in to this comment. I think there were a few more about your race, Emil, because everyone needs to know. It'll be, it'll, you know. There was, is there another comment about it? T.M.G. Studios, experts in the one white guy
Starting point is 00:07:45 and one racially ambiguous guy combo pack. I'm the racially ambiguous guy. No, you're the white guy, I'm the racially. Oh, okay, that makes sense. Kesh, can't tell. I am. Okay, so for those of you who are only listening, we're reading comments here and this person, yeah,
Starting point is 00:08:04 is, doesn't realize. And I don't know if you can tell by my voice, but I am white. And- Can you tell by people's voices? I don't know, man. I don't know, man. Maybe old, I don't know.
Starting point is 00:08:19 I think I have kind of a weird voice. Yeah, you got kind of- You know what you have, you have a Muppet voice. Don't say that. You knew, you could be like a puppet voice. Did you think that was a compliment? Yeah, I think it's a compliment. No, I think you have an interesting voice. Muppets famously sound weird. No, think what about Kermit? Wow, I'm I don't know how I'm gonna recover for that for the podcast. I like how they kept this here did you hear. I like how they kept the, here's another comment. I like how they kept the theme of white guy
Starting point is 00:08:49 and racially ambiguous guy. Again, I mean, clearly you're white, but I'm not that racially ambiguous. I don't know. I don't see it. Yeah, I don't see it either. I've got brown hair and hazel eyes. Yeah.
Starting point is 00:09:02 Also, what is it that the hazel eyes? Just call it green. Do you ever describe anything else in your life as being hazel eyes. Also, what is it that the hazel eyes? Just call it green. Do you ever describe anything else in your life as being hazel? No, I think it's people who have brown eyes trying to make it seem like they're more... That's true. You're not interesting.
Starting point is 00:09:12 Yeah, brown eyes, get over it. Here's another comment. Cody and Noel had a baby would be a meal. If Cody and Noel had a baby, it would be you. You got the hair, and then you've got the whiteness, of course. You've got the white part of Cody. What's the no-well part? I don't get it man.
Starting point is 00:09:29 I don't see it. I don't see it either. Huh. So this is a good one. This is a good comment. But we're not changing our name. This one, the Falcon main says, Wolf of Meet Street and Alex Ren replied,
Starting point is 00:09:43 it would have been the perfect podcast name. Yeah, well it's the perfect podcast name. Yeah, well, it's not the podcast name. And actually, it's a good suggestion, but you're a little too late and we are the Triliner mindset. And keep leaving comments. We really like these. And if you leave a good one, you know, we might see it.
Starting point is 00:09:58 Yeah, this, this person, Cole Marshall, this last comment came on to YouTube now to find something like this. Didn't expect it to come come it to come from TMG But I love it. Thank you very much. Cole. That's very nice. We're we're hoping to Reach a wide audience. Yes, and now we've got Cole Marshall. Yeah, that's all that matters We only care about our number one fan Cole everybody's a number one fan equally You are all the zeros in the trillion. Yeah.
Starting point is 00:10:28 I don't know about that. Anyway. So we got some reviews too that I don't know. Do you wanna read anything? I think we can just jump into the right. We can, we want to touch on politics real fast. We had a couple of people complaining that we got political, but you know what?
Starting point is 00:10:43 We don't really need to all will say is, yeah, sometimes we'll get political, but that's just they look you guys are putting us in a tough spot Here it's gonna be hard for us to talk about the economy and finance without touching on politics a little bit And we're sorry if we're talking about your favorite guy. Yeah, whether it's the Joe Biden or if you like that Trump guy, yeah, and you know what? You want to know who I voted for? I'll tell you, I'll tell you right now. I voted for you, Neil. Are you saying, I voted for you. Are you serious?
Starting point is 00:11:10 Yeah, that's so sweet. Yeah, man. Well, we didn't win. I'm not gonna vote for one of those creeps down in DC. No way. For those gas bags, is I like to call them? But so, you know, and hey, you know what? Begging a politician. You know what? Henry Ford what Henry Ford said what famously what did he say?
Starting point is 00:11:29 If I asked my customers what they wanted they would have said faster horses Wow, so maybe I don't know what you want. Yeah, maybe we know maybe we're gonna give it to you and speaking of politics I wanted to share this meme that I that I saw somewhere on Twitter I wanted to share this meme that I saw somewhere on Twitter Just about all the money that is in politics and like we said, they're inextricably linked to because who's lobbying corporations and they Buy politicians. I mean, that's just it's a sad truth But this meme is so great. It says Congress should wear jackets like NASCAR drivers so we can know who bought them that is so good
Starting point is 00:12:05 i love that so i thought i'm who aren't watching there's a picture with all your favorites you've got uh... it looks so real jackal wathen and uh... wait is that uh... devin anthill is are these real names making the back i think that's ryan vanderson and then you make that guy is uh... that's miche mcconald i know that guy is that's Mitch McConnell. I know who that is. That's Stan Fungal. Stan Fungal. Yeah. So just so the listeners can anyway and they're there are Photoshopped to where you ask our jackets. It's really great. But I feel like that speaks to
Starting point is 00:12:41 the way the how politics are. Yeah. So don't worry if we. Yeah. We're going to one of your guys. We're going to hold everybody accountable. You know, Democrats and Republicans alike, because they're all even those kooky libertarians.
Starting point is 00:12:56 Yeah. Boy, don't get me started all those libertarians, man. They don't want you to have a driver's license or need one, because, you know, why does the government need to tell you what to be able to? Right. Just let everyone get beyond the wheel and start ripping. Speaking of getting behind the wheel, a lot of people did comment they wanted to know a bit more about your backstory because the entire first episode was all about me. Right. So. And we're going to get right into it.
Starting point is 00:13:21 Yeah. So as soon as we get through some of this other stuff, well wait, don't you want to tell people about yourself? Yeah, but we have to get to this next part. Okay, all right, we'll get to that later, I guess. We want to touch on how we met at least. We'll get to it. Okay. All right, we're just going to dive right in.
Starting point is 00:13:42 Holy crap. Holy can all. Yeah. Well, because this is big news Oh, yeah, what why what's going on this week? I have been asleep so I'm stoked. I didn't know that we had such reach but I think we got a couple members of Congress Watching the trillionaire mind set Congress has fully It's really an airline. Yeah, so how do you mean? We're gonna have to explain a little bit I'm sure everyone's been hearing about the debt ceiling.
Starting point is 00:14:08 What's the debt ceiling? I like how I'm asking you even though I know I'm gonna be the one explaining it. Well, I can explain, I mean, the thing it's made up is the best part, right. It's not real. Well, what's the issue going on right now? So the debt limit, I mean, I think I was setting
Starting point is 00:14:22 like during World War One, Right. So we didn't, we didn't spend to reign in spending, right? And now we've just, we just keep raising it, raising it, raising it, raising it, whatever it is. Yeah, right. Because we're growing Nancy Pelosi called it a tradition. Mm-hmm. Congress just always raises it. But then sometimes we run into issues like we did this week. Right, it gets used for political gains. Yeah. Because the problem is we set this limit for ourselves, but then, you know, like me and a buffet,
Starting point is 00:14:56 my eyes are too big for my stomach. Right, you should see this kid at a buffet. Oh, boy, oh boy, do I love buffet. Well those King crab leg, come out. No, I'm not a King crab guy, I'm a Dungeonous guy. King crab's got too much meat, it's too overwhelming. You've got to, and you've got to work for it a little bit more with Dungeonous and Snow crab.
Starting point is 00:15:12 And I appreciate that because it makes you appreciate what little crab that you do get. Right, so the debt limit is basically, this lady at the buffet is putting out those crab legs, and they're saying this is all we got, but we know they got more in the back. We know that there's more crab legs back there, lady. putting out those crab legs and they're saying this is all we got but we know they got more but in the back. We know that there's more crab legs back there lady. So get to crab legs because it's actually my restaurant too.
Starting point is 00:15:31 That's the thing. It's like it's my restaurant. I'm setting an arbitrary limit for how much crab I can eat and yet I know that if I have an insatiable hunger, I know that I can just direct you crab lady lady crab crab crab crab lady to go you crab lady lady crab crab To go back crab leg lady crab leg lady. She doesn't have crab legs. That would never be twisted She's responsible for getting the crab leg. Emil. Can you imagine a lady with crab legs? It's gonna matter right now man. That'd be wild. Anyway, that'd be some kind of sponge Bob Squarepants episode, wouldn't it? Oh SpongeBob
Starting point is 00:16:03 That would be kind of a freaky, SpongeBob. Episode human, humanoid crab woman. Okay. We're good enough to have to care. Totally. So that limit is arbitrary. But it's totally arbitrary, right?
Starting point is 00:16:16 Even Jamie Diamond. The CEO of JP Morgan. Is like, just get rid of it. It's stupid. And this is the last time we'll agree with Jamie Diamond. Well, never say never. That's our weekly Justin Bieber reference, but sorry, keep going. What was last week's baby, baby, no, yeah, which was very good and I missed it and I felt bad. Okay. Anyway, so it's totally arbitrary, right? But what is the thing that I had always struggled with was before I bothered to like learn about it
Starting point is 00:16:45 is what exactly is the debt and who do we owe it to, right? And it's not that complicated. And we're going to go into that you've probably heard about the trillion, not trillion or the trillion, the trillion dollar coin and how that's been tossed around as a possible solution to this. But the debt, let me see if I can explain this. I'm gonna treat you like a child right now. I'm gonna pretend like I'm mixed with a child.
Starting point is 00:17:11 A meal? Do you have to go potty first? Do you want juice? I can hold it. Are you okay? Okay, because you're only gonna get one chance. Okay, there'll be graham crackers at the end. Perfect.
Starting point is 00:17:22 This is humiliating. So, the government raises money, and this is also just my basic rudimentary understanding. We raise money through debt and taxes, right? Not death, but debt. And the debt comes from the government, the treasury, the department of the Treasury, loaning out money in the form of, or not loaning out, selling bonds to you, me, corporations, investment banks, and these bonds are considered the safest investment one can make,
Starting point is 00:17:56 because they are backed by the full faith and credit of the United States government, right? And they come in short term, long term, medium term, one year, five year, two year, seven year, ten year, uh, 20, 30. And they pay an interest rate, right? Because that's what you're getting in return for your money. You're saying to the government, Hey, I'll loan you this money that you can put toward any number of things, whatever the hell the government's going to be using its word war. That's basically it. You're given the government money to go to war. Not really.
Starting point is 00:18:29 So we can defend this great nation. And you can continue going to the buffet, baby, and getting crab lady lady to keep replenishing the crab legs. But no, so the government is going to pay you interest. You know what interest is, it's, hey, you're given, it's, you're giving me this money, so I'm gonna pay you a little something to keep it the deal sweet, right? And that is the national debt. It's up to like $28 trillion.
Starting point is 00:18:56 That means that there's $28 trillion in bonds that are outstanding, meaning that they haven't yet been, they haven't come to term where the government needs to pay them back in full. But so like you buy a 2010, 20 year bond, it's not just you're waiting 20 years to get paid. They pay interest. They pay interest, I believe semi annually, half every six months, the government pays you interest.
Starting point is 00:19:23 It's small, but it's still, it adds up. And so, as we approach that arbitrary limit that is set, which includes, you know, the budget and all this stuff, the government is basically running out of money with which to service that debt. Right. It's basically like,
Starting point is 00:19:42 So if we hit that limit, Janet Yellen at the Treasury is gonna start having to prioritize those loans that are coming to. Right. It's basically like, so if we hit that limit, Janet Yellen at the Treasury is going to start having to prioritize those loans that are coming to. Right. And that means what? Really bad stuff for anyone who benefits from any federal government program. Right.
Starting point is 00:19:58 But that's where the politics comes in because it's never happened. And the big risk that everybody talks about, that everybody's freaking out about, that makes a good headline is, if we reach that limit and don't get it resolved in time, chaos will ensue. And I mean, yeah, on paper they're right because what that's going to mean is, like I said a moment ago, the United States government
Starting point is 00:20:23 is like the safest investment you can have. Suddenly, that's not going to be true anymore because this- So what does chaos look like? Chaos would look like- They default. They would default on these loans that they've got out. Yeah, and so we go into a recession. Yeah, because- We lose what? Trillions of dollars in wealth. Yeah, these federal programs don't pay out social security medicare medicaid
Starting point is 00:20:45 yes all these things that the government is responsible for paying out these loans these bonds these interest payments i think the u.s. dollar will be devalued mass hysteria dogs and cats living uh... uh... cohabitating cohabitating is that what bill marie says in uh... co-spusters i I don't know. I don't know either. I didn't know you were doing. But anyway, it's all, it's all stupid and made up anyway. And it becomes this and like Pelosi said, it is kind of a tradition because at this point, it's like, it's just brinkmanship. I'm using that word, but I don't know what it
Starting point is 00:21:22 means. It's like, you'd go to the edge and you're like, I'm gonna do it. I'm gonna step over the edge. Right, but I don't know what it means. It's like you go to the edge and you're like, I'm gonna do it. I'm gonna step over the edge, but you don't do it. And it's- They're all saying, it just throw the global economy into a tail. Yeah, it's all garbage and it all, it's all just, well, it's all made up.
Starting point is 00:21:39 We should say it's because right now, the Democrats are trying to push through two bills, the infrastructure bill, which is actually my part and then the big reconciliation package. We can go into them and also known as the I'm sorry package. Is it a little reconciliation? Oh, it's him. Hi, three another me ball and you just whipped it man. Gowley, I need a new co-host, the new co-captain. But, but so Mitch McConnell is afraid of the Democrats being able to pass some socialism.
Starting point is 00:22:14 That's what it is, right? Well, and he ended up so. It doesn't allow you to, it doesn't make new spending possible in that way. They would still have to pass the. Yeah, it's all politics at this point. You're pushing this closer and closer to this edge and saying I swear I'm if I don't get what I want We're gonna go into this and nobody's ever gonna let that happen. It's always gonna get resolved Right, so we have a little bit of good news. It's not completely solved. Yeah, it has a come to an agreement as of today October
Starting point is 00:22:42 completely solved. Yeah, it has a come to an agreement. As of today, October, as of October 6, McConnell said, quote, we will allow Democrats to use normal procedures to pass an emergency debt limit extension at a fixed dollar amount to cover current spending levels into December. So he's just kicking the can down the road, right? Which is so maybe in December, right before Christmas, everything will collapse. That could be kind of a cool, it could be crazy.
Starting point is 00:23:05 It's the most, but hey, this is a good chance for me to give you a little bit of a lesson here, Emil, and for everybody out there, because what's been happening, excuse me, what you about to talk about the coin? I'm about, I'm not about to talk about the coin yet, but there's a lesson in this because if you look at what's been happening for the last ah like two or three weeks in the market, the market has pulled back considerably about 5%. And when the market price basically, okay, let me think about it for a phrase this, price precedes news.
Starting point is 00:23:46 Does that make sense to you? Price precedes news. Price comes before, and when I say price, I mean the movement of stocks and the market in general. They contend to kind of anticipate things that are happening, and I know that that doesn't quite make sense, but what I mean is stocks move, the indices move, the market moves, and it can kind of be like, people are grasping for reasons. Oh, it's probably because of the supply chain issues that I'm going on. It's this, it's this. But
Starting point is 00:24:16 most recently in the last like week, the debt ceiling conversation has taken front and center, and it kind of then melds with the price action and then it's like oh that's why and everybody now sees it and then that becomes that becomes what affects the price thereafter so it's like the market moves first and then it kind of I guess if I'm putting it in the very simple terms for a child you I guess if I'm putting it in the very simple terms for a child, you're gonna get your grape juice, don't worry. The price moves first and then everybody kind of figures out what the hell's going on. And then, you know, but with something like this debt limit, the market looks like it's about to fall off a cliff
Starting point is 00:24:57 if you look at a chart because it's already been down 5%. Everybody's kind of freaking out like, what's gonna happen? It's gonna be chaos because, you know, they're talking about we would go into default and everything crazy would happen, right? So when that happens, that's like a very binary outcome. It either does or it doesn't right? Right and When you've got such a binary outcome where on the one side
Starting point is 00:25:20 There's all this risk of like oh if we don't do this One side, there's all this risk of like, oh, if we don't do this, gonna be chaos. Well, when everybody sees that, when everybody collectively is anticipating that as a possibility, it's probably not going to happen. And so when you get like what happened today, where McConnell comes out and saves the days, got a stick save in the goal to use a hockey reference
Starting point is 00:25:42 for all of our hockey playing. I love it. To our neighbors in the north, that one was for you, baby. It's a stick save. the goal to use a hockey reference for all of our hockey playing. I love it to our neighbors in the north. That one was for you, baby. It's a stick save. So McConnell's in goal. McConnell's a goal puts out the stick and the puck that is the, I don't know, the debt ceiling. I don't know what I'm doing in this situation. The Canadians will get it. But that is in today, as of today, the market rallied like the dial is up like 500 points because now that big tail risk event is effectively eliminated for now and it's kicking the can down the road.
Starting point is 00:26:15 Now they're all down there partying. Yeah, everybody's partying now. It's insane. But so that kind of thing in terms of just a trade that we'll get to eventually that can create a kind of favorable risk reward set up and this similar thing happened last year With the election the market was like on the edge of a cliff and everybody was nervous about the election You remember that? It was like what's gonna happen? Is there gonna be is Trump gonna like stay in office if he doesn't like the outcome? Is there gonna be confusion as to who won and everybody's thinking that same thing and everybody's on that to be his Trump gonna like stay in office if he doesn't like the outcome is there going to be
Starting point is 00:26:45 confusion as to who won and everybody's thinking that same thing and everybody's on that one side thinking things are about to collapse because we're not going to know what's going to happen and then guess what nothing happened yeah nothing ever happens I thought you were going to win I voted for you and then you know we can't all be winners, man. And then we rallied thereafter. I think for like six straight days after it was a big nothing, nothing happened, the market just says, okay, it's safe, it's safe to come out now. It's, and then they all have their big party.
Starting point is 00:27:17 And then they all have their big party. And the goalie gets a big kiss, a big kiss from the referee, the president from the president. Mm-hmm. Wait, but I want to talk about the coin, because people might have been seeing this hashtag going around, mint the coin. Yeah. I love this, because it's a stupid solution to a stupid point.
Starting point is 00:27:41 It's very elegant at the same time. Right. So the, correct me if I'm wrong here. The, because it's weird and confusing, but it's a weird workaround to the debts here. It's a legal loophole. Yeah. The treasury is allowed to mint platinum coins of any domination they want to.
Starting point is 00:28:01 Yes. So what they could do is mint a trillion dollar coin. Yes. I'd love to get my hands on that thing. I would love to get my hands on that. Go right in, I'll tell you what I go down. I go down to pizza and I'll be like, give me the whole dang thing. They can mint this trillion dollar coin, march down to their account.
Starting point is 00:28:22 No, the Federal Reserve. At the Federal Reserve. Mm-hmm. Deposit it. Well, the federal yeah, the Federal Reserve Deposit it well, they have they have to fill out a deposit slip Right, don't forget Janet Yellen fail out that deposit slip and then The Federal Reserve creates a trillion dollars for them to avoid this Sort of yeah, so you remember how I said the Treasury owes trillions of dollars in debt and interest payments? Well, one of their debtors is the Federal Reserve because the Federal Reserve holds trillions of dollars worth of bonds on which the Treasury pays interest.
Starting point is 00:29:03 And since they're approaching their debt limit, they're not gonna have the funds available to pay that interest. And so all they're gonna do is say, okay, we're just gonna make this coin, we're gonna deposit it into the Federal Reserve, and that's effectively going to offset a trillion dollars worth of bonds outstanding.
Starting point is 00:29:24 They're basically going to say, hey, we don't owe you on these bonds anymore because we just gave you a trillion dollars. Yes. And so a couple of, a couple of congress people have tweeted it. Yeah. It's, Janet Yellen has said she doesn't want to do it. Janet Yellen's the Transure Secretary. Yes. And also the former Fed share under Obama. But she does support getting rid of the debt ceiling. And there are other weird ways around it too. I think it's, I can't remember it now,
Starting point is 00:29:58 but in the constitution there's a provision that says that the US will not default on its debt. So Biden could start being like like we're not gonna do this Hey everyone, it's been in a meal Dressed in new clothes again. I got sick again. I was eating spaghetti and I felt nauseous We're back with another ad break, but this time we want to let you in on a little secret It's called the Trilina mindset. It's a podcast A podcast that we love to consume.
Starting point is 00:30:26 We're like these two guys, they know so much. Handsome guys. Handsome guys, they know everything about the stock market. It's where we get all our news, all our tips. All our tips. So we wanted to recommend it to you and encourage you to go out there and leave reviews on wherever you get your podcasts.
Starting point is 00:30:42 Subscribe on them, whether it's Apple, whether it's Spotify, or wherever the heck else you get them these days. And then YouTube as well, please. Yeah, leave a like, leave a comment. Comment, too. You want to let us know that you're watching on Monday morning. Yeah, we want to know that you called in sick because that's going to earn our love. Right.
Starting point is 00:31:03 And we all know that that's what you create. Can't be in the turning-ear army. No. If you don't watch on Monday. No, we want only people who are irresponsible. So comment, like, subscribe, smash every button on the- Laptop, your keyboard or your phone. Just break your electronics. Also, please rate us five stars if I didn't say that before. We really appreciate it because it helps us out in a way and So every Monday new episodes are every Monday so tune in and quit your job now back to your regularly scheduled programming us
Starting point is 00:31:34 Sorry guys, we're doing maintenance on the ship so if you hear any kind of like bumps going on That's just that and it's not us Yeah, we're not bumping anything pound Pound in the desk or anything like that. If you hear this, it's in your listener. Sometimes I have to take a drink out of my water bottle to keep my muppet voice. Pfft. Pfft.
Starting point is 00:31:54 From... Pfft. Ah, sorry about that man. So, wait, it's just real fast. I need to finish this thought on the trillion dollar coin. What it does is it, it, as we approach that limit, normally what the treasury would do is just continue to sell bonds to just kind of keep the whole game going. Like, oh, we owe money on these bonds.
Starting point is 00:32:14 We owe interest. Well, we'll just issue more bonds, and that'll enable us to just keep the whole thing going. And this effectively makes it so they don't have to do that because, as of right now, they can't because they're reaching that theoretical debt limit. Right. So, but man, whenever my debt comes to do, I always try to sell bonds and they say, fuck out of here. Yeah, we don't want your bonds, man.
Starting point is 00:32:36 You're not AAA rated. You're not the safest institution that the world has ever known. Not at all. Not the US government. But man, it would be fun to be the guy. There would be a lot of pressure to be that guy having to deposit that. Oh, you got to walk over to the federal world. Because I'm sure because of all the legal crap, there'd be some loop hold. It's like, well,
Starting point is 00:32:57 the Treasury has to mint the coin. And it must be given to a citizen to go walk down the street to go deposit it. And it's like, can't you just click a button, man? National treasure three stealing the trillion dollar coin. Yeah, Nick Cage. Yeah. You want to hear my Nick Cage? Can you do Nick Cage?
Starting point is 00:33:15 I think I can do Nick Cage stealing the trillion. We have to steal the trillion dollar coin. We're going to steal the trillion dollar coin. That's pretty good. We're gonna steal it. That's all I could say. We're gonna steal it literally. Like, when I say it's like, it's deep underground.
Starting point is 00:33:33 It's deep underground. The trillion dollar coin is deep underground. We've got to steal it because, I don't know, what are you gonna do with it, Nick Cage? Where would they keep it? I don't know. Under the link in Memorial Memorial under the bones of George Washington because they keep his bones wow, a lot to wait. Great Nick Cage
Starting point is 00:33:54 Thank you. It's not good. I think he's in the room. He's the weasel. I liked it. Doesn't he own like dinosaur bones or something? I think you had to sell him. I think you went in that Because he went in that he bought like four castles and like. Yeah, and he should have just issued bonds. He should have issued Nicholas Cagebonds. You know, it wouldn't surprise me if in the age of crypto, we're able to like monetize ourselves as individuals and you can buy like stock in me, you know. Would you buy stock in me? Okay, what if I issued you a 10 year 2% interest bond on me.
Starting point is 00:34:25 Would you invest? No, I would invest in you, man. Thanks, Phil. But I would cut it down to like five year and you would have to pay me a high interest rate because you're risky. Fine, but I'm on the way up. That's a little bond lesson is the risky,
Starting point is 00:34:39 you are the higher the interest rate you gotta pay. You're on the way up, you say? Maybe. Well, we're all up, you say? Maybe. Well, we're all going down. Yeah, eventually. That always trips me out. There's like an invisible. What, that we're gonna die?
Starting point is 00:34:52 Oh, yeah, man. I mean, it could happen. You could wake up dead tomorrow. Good. What a relief that would be. Yeah, it would be. You don't have to get up and do it all over again. Kind of similar to the relief we all felt
Starting point is 00:35:03 this week when it's being grabbed. I didn't ask for any of this. This is a curse. Yeah. Life is suffering. Right. Yeah. But occasionally you get to eat a burger.
Starting point is 00:35:11 Did we want to check in on the other trillionaire mindset in Congress? Who? The bills. The bills. Oh, the Buffalo bills. The reconciliation bill? Yeah.
Starting point is 00:35:24 Do you want to? I mean, we can keep our eye on it. Oh, they're Buffalo bills. The reconciliation bill? Yeah. Do you want to? I mean, we can keep our eye on it. It's pretty big, but I don't know if it's worth it. How many pages is it? Well, I'm not going to read it into it, but the biggest thing is it's funny. I just think it's funny. I wish we could play bits of Kirsten cinema on, but it would be too long.
Starting point is 00:35:43 It was a senator, right? Yeah. What's her deal? So they're trying to, they need 50 votes to get this thing through. Also, I had my hopes up for a little bit, but I'm starting to feel like the, the kid and angels in the outfield,
Starting point is 00:35:57 you know, when he thinks his dad's gonna come take him from the fucking foster care. Yeah, no, it's not happening. And his dad says, yeah, when the, when the angels win the world series, which in the movie is basically a way of seeing like, you know, when pigs fly, the little kid, you dumb little boy.
Starting point is 00:36:11 And then this kid gets angels down from heaven to win the world series. And you still just gotta go stay with that foster lady. I think that's what happened. It's also messed up because like if you're angels and you're capable of doing all that, why don't you just go visit the dad himself and say adopt your son right right in your son You need to go and farts with the MLB or maybe Tony Danza adoption. I forget what happens
Starting point is 00:36:37 Oh, yeah, this is what rooting for the Democrats is like yeah, it's you get to watch them take Both the house and Senate and then negotiate with themselves on whether or not they're gonna do something It's very fun. Yeah, they're basically the angels in this scenario and instead of just going straight to the dad and Haunting him they decide to go way and make it way bigger Right, so they've got a little bit of the Trilion or mindset, three and a half trillion dollar reconciliation package that needs 50 votes. Right now they got 48.
Starting point is 00:37:09 Joe Manchin and Kirsten sent him a holding out. Joe Manchin makes sense. He's a like coal baron from West Virginia. Of course, he doesn't want to vote for these like hippy dip. Hippie-dippy. Well, I'm just like clean energy. He's also his daughter's like, she was the head of mylin labs and was like, what's mylin labs? They were chemicals. No, it's a. Oh, she's an epic pen. Yeah, epic pen. And they were fixing the
Starting point is 00:37:31 FF pen with I think Pfizer. Right. So of course, he's not stoked about Medicaid being able to negotiate drug prices, but Kirsten's in them, they cannot. No one knows what she wants. Because she's super inconsistent and she's finicky, right? I don't know how many I want. Maybe. I don't know. I don't know if you saw her vote for the $15 minimum wage. She like kind of walked up and did that thing where she thumbs down didn't go. Yeah, and then left. Yeah, which is just bizarre, but people have been, you've probably seen the one where she gets followed into the bathroom.
Starting point is 00:38:04 I heard about trying to, they're trying to like sway her Well, they're trying to ask her why she wants to port it and she just she made a big fart sound and then gave the middle finger and walked away essentially cinema Out that's an outdated joke man Seacrest out member from America. I don't I never watched. God, I hate myself right now. That's okay. Anyway. But we'll see what happens. Yeah, we'll see. Hey, guys, if you're, you know, if you're hoping that the federal government might do something to expand the social safety
Starting point is 00:38:38 net in this country, just keep flapping your wings. And maybe wings, and maybe the angels will win. Yeah. The pen and daddy will adopt you. So we'll see. Yeah. Or, you know, in my case, that he's never coming home. So, oh, man. You've got a new dad. He's in a box somewhere. He got cremated and he's in a box.
Starting point is 00:39:00 Where? In my mom's, like, bedroom. He wanted his ashes spread at Disneyland in the jungle cruise. And we still haven't done it because he used to work in Disneyland and I've actually got photos I should bring him in sometime. But he worked the jungle cruise and it was like the best time of his life
Starting point is 00:39:17 and he always would semi-seriously be like, when I die I want my ashes spread on the jungle cruise and it's like, why don't you guys do it? Because people do that all the time. People try to spread ashes of dead people at Disneyland constantly. Constantly? Yes, it is like, it's a problem. And they, they'll, they would,
Starting point is 00:39:37 here's what happens if we got caught, we would get, they would shut down the ride, they would drain the entire, like, because it's happened before. They drain the entire lake or whatever it is that makes up the ride, they would drain the entire, like, because it's happened before. They drain the entire lake or whatever it is that makes up the ride, all the water, and then they kick you out, and they're like, you can never come back
Starting point is 00:39:52 to Disneyland again. That's worth it. Who else could have Disneyland? The place is covered in dead people, apparently. And did you know, did you know that nobody legally dies at Disneyland? So if you do, if your heart stops beating at Disneyland, they take you and they escort you off of Disneyland property
Starting point is 00:40:13 and then they declare you dead. Yeah, because Disneyland, it's a happy place on earth. Well, no, but it's like a sovereign state. It's like international waters. You could do whatever you want. A lot of people don't know. You can do whatever I want. You could gamble, murder, something. You could do whatever you want it. A lot of people don't know. You can do whatever I want. You can gamble murder someone.
Starting point is 00:40:27 And nothing. You could gamble at Disneyland? There's no drinking age. It's crazy. It's not drinking, guys. Well, you can't even buy alcohol. Oh, you can't at California Adventure. It's International Waters.
Starting point is 00:40:40 I'm telling you. Anyway, Disneyland can't die there. You better not die or try to spread your ashes there because they'll kick you out. No, drain that lake. That makes me grossed out that the whole place is, well let's get to the big. Yeah, let's get to the other big news this week.
Starting point is 00:40:55 In case you didn't notice, you probably wake up and you're like, what? Instagram's down. This is crazy. Let me just check Facebook. Also, Facebook's down. Not ideal for us launching a podcast. Yeah, we launched Instagram goes down. This is crazy. Let me just check Facebook. On Facebook's down. Not ideal for us. Launching a podcast. Yeah, we launched Instagram goes down.
Starting point is 00:41:08 I think I think we broke it man. That's all of that could have been yeah. Yeah, that's actually our fault. But it was interesting the timing of it because it came on the heels of a big document leak and investigation into Facebook. Right. And there was this former product manager at Facebook had an interview that aired on 60 minutes the day before. My conspiracy theory is that Facebook did this on purpose to kind of pad the PR nightmare that would come from this woman saying, because she's making some pretty dang serious allegations. Or Mark Zuckerberg being like, well, why don't you try to live without me?
Starting point is 00:41:46 For five minutes and see how you like that. I mean, what's up is like for international people that's like a huge part of the way they communicate with people. Yeah, the people who type J.A.J.A.J.A. instead of ha ha ha with an age. It's huge, huge for those people. Wow, I got really struck a chord there. I don't know where you're going. People do it to you. huge for those people. Wow, I got really struck a chord there. I don't know where you're going. People do it to you.
Starting point is 00:42:09 On the first episode, you say, in 2011, my dad dropped dead, and then you went like, and people go, like, they do that line, and then they write, J-E-J-E-J-E-J-E-J. That's how it sounds. But yeah, so I think he also could have been like, also, these are conspiracies. This is, no, this is totally conjecture.
Starting point is 00:42:29 But yeah, I mean, it's a, it was nice though. I actually liked it. And I think it speaks to how addicted we all are because I'm sure I'm not the only one who was reflexively like going to open it and going, oh yeah, it down. And then five minutes later when I go into the bathroom
Starting point is 00:42:42 to pee, oh yeah, it's down. It's like, it sucks and it's gross and I don't like it. So this, the whistleblower, her big thing was that Facebook not only is, the biggest part is that it's a huge detriment to society. Right, I think there was like five things. It was like they're deceiving shareholders.iving shareholders because they're like padding numbers right they're deceiving advertisers their
Starting point is 00:43:12 Fomenting You know they're destabilizing governments and regions and then they're like allowing for Genocide genocide because Facebook was used as human trafficking. Yeah They're helping like drug cartels with recruitment. And yeah, and the whole point is that Facebook knew about this stuff and didn't care. They were like, well, it's too hard to regulate, so let's just keep making money.
Starting point is 00:43:37 Yeah, and this is one of the unfortunate side effects and evils of this whole industry is that when you are a publicly traded company, you have shareholders that you're beholden to. And you've got to constantly strive to beat every quarter, and that can involve sweeping nasty things under the rug, unsavory things. And so, like, Facebook stock took a hit in what's his name? Jim Kramer. Kramer was out there. If you guys know Jim Kramer, he was out there saying that he thinks that this is actually gonna really hurt them in the long run.
Starting point is 00:44:12 And you know, Jim Kramer, Jim Kramer, Jim Kramer, you know what? Jim Kramer, what's going on? Jim Kramer, you're coming out here, Jim Kramer. You're talking a whole lot of smack. I just want to say, Jim Kramer, that if you want to step to my man Mark Zuckercorn, and you're going to be talking all kinds of smack, you better be ready. You better be ready, okay, for the Smackdown.
Starting point is 00:44:40 Then I'm going to bring to you, you ball of freak. Okay? Because I'm not scared of you. I'm not scared to see NBC. I'm not scared of nowhere You shut up, right Cramer Cramer you better change your diaper or rather you're going to need to change your diaper when I'm done with you boy because You're wrong. You're wrong. Okay, cuz the market is full-ward looking you see and what might be happening now To your little bird brain seems like bad news But I'm not so sure about that dude. Honestly, I don't really know at all
Starting point is 00:45:24 Because you know things might change. I'm not so sure about that dude honestly, I don't really know at all because you know things might change I'm not defending Facebook Are you? I don't know What are you for? You're just against Jim Graham. Yeah, I'm just I just felt like talking some smack to my boy Jim Oh my god, I don't know he's gonna do that. So anyway, I mean, okay, so you're not for Facebook. No, of course not. I'm not either way. I just felt like I just felt like challenging Jim. It is. I don't know if you heard. I think it was the head of Instagram.
Starting point is 00:46:02 Kevin, what's his name? No, he's no longer Adam Adam. Sorry. Mm-hmm. And if that's not how you pronounce it, I'm sorry. That's great man. But he so I think he was responding to a question about. How do I get my likes to show again? No, no, no, they, someone brought up that if there's all these reports about it being really harmful to teenage girls. Oh, yeah. And his response was that we gotta think about it like cars.
Starting point is 00:46:42 You know, cars, a lot of people die. Seat belts. Yeah, well this is the fucking thing. They love doing this. They go think about it like cars, you know cars a lot of people die seat belts Yeah, well, this is the fucking thing they love doing this They go think about it like cars a lot of people die, but it's ultimately in that good and they just completely miss the fact that cars are super regulated Yeah, I feel like they've never driven a fucking car before You're gonna put your seat belt on you have to get a license Yeah, if that's if you want to treat it like a car make everyone get a license to get on Instagram The internet is still so new and there are so many things.
Starting point is 00:47:07 I mean, just the internet itself, but then apps are still so recent. The app store launched, I think in like 2007. Yeah, probably 2008. Because that one came out. Yeah, and it's insane that, I mean, there is a certain, I feel like part of the spirit of the internet is there's supposed to be this free, unregulated thing, which is, ah, man, that's a whole other
Starting point is 00:47:30 concept that I don't even want to broach, but I mean, there should, I believe that there should be, it's basically, we are guinea pigs to this experiment that is social media and apps and the internet, and it, it is up to us to keep ourselves in check, but also, I don't know, there are certain things that the government, in all of its infinite wisdom and knowledge and power should do, please. Big tech is a, say a, big tech is now, you know, they're pulling a very wall street move
Starting point is 00:47:59 and saying, you guys don't understand us, you never will, so just get out of our way. It's just a really cheap. Your regulations will just, you'll tank the economy You'll fuck everything up. You'll slow Damn it. What's the fucking word innovation? But I mean I forget who it was they were saying like Lena con and the FTC have
Starting point is 00:48:23 Plenty in their arsenal at arsenal with antitrust laws to. Yeah, the funny thing though is that like when they talk about so a common refrain is we should break up big tech. They'd be more valuable probably broken up than together. Yeah, maybe they all wouldn't fucking go down at once. Yeah, that was the thing. So that actually kind of, it didn't bug me, but so we actually got a comment.
Starting point is 00:48:49 Someone said, when there's a temporary problem, why does a stock fall? And because they pointed to Facebook, Facebook was down something like 5% the other day when that happened. But that's another thing with headlines. It's like, yeah, it looks like Facebook is being punished or people
Starting point is 00:49:05 are reacting to the site being down. But if you look at that day, everything was down. Shopify was down Twitter was down. Shopify. Yeah, I know. Well, I'm just thinking of another big tech name. Pinterest was down. Google was down. All my money wrapped up in Pinterest. Buddy, you got to diversify. What am I? What have I told you from day one? It's fine. Yeah. Well, it's okay. That's why we're back. Pinterest always bounces back, baby. That's not true. I don't know. That is true. If you invest in Pinterest, you can personally sue me if it goes down. The index was down that day too. Like, everything was down. So it's not necessarily a reaction to that news, though it's fun to say that it was.
Starting point is 00:49:48 And someone else, well, so actually on that, still on that note, when you have though material events like that, where like the website crashes or there's some sort of headline that hits, you have algorithms that react to that. They pick up their program to pick up on certain words that are perceived as positive or negative.
Starting point is 00:50:07 And then you have all sorts of things that it becomes a kind of cascading waterfall thing where stock starts to drop. There are things like people's orders that are lined up to sell just in case the price reaches that point, which is called a stop loss order. Those get hit and it just becomes, it just becomes a self-fulfilling thing where
Starting point is 00:50:27 it's just the momentum builds and then it tanks. But then, you know, excuse me. What? I had to clear my throat. Give me a break. It was just, it was very human. It was tender. Oh, oh, well.
Starting point is 00:50:44 Yeah, I don't want to Know that Mike. No, yeah, I could but so Yeah, you you might have a situation where it's like sell now ask later and The headline and like I said is appealing for people to report like well Facebook's down on Instagram dropping You don't know why it's down. It's down cause the whole market's down, who knows? Yeah. But the thing is with markets, they're forward looking. So yeah, you could have that temporary drop, but then the market takes however long
Starting point is 00:51:12 to kind of digest that information. And before you know it, Instagram is back up, Facebook is back up and it's way back up. Way huge back up. Pinterest bounce back, big of a good idea. Yeah. Well, and then so we had, there was a tweet that I saw going around that was very good. It said, I know Zuck lost $7 billion yesterday, but like, where did it go?
Starting point is 00:51:33 Who has that money now? Is anything real? I'll tell you who has that money now. I do. You have it all? Yes. Wow. I have it.
Starting point is 00:51:42 I stole it from him. No, but it didn't actually explain that to someone. He didn't lose the money, right? He lost it on paper temporarily. Right, the stock. That's what also dipped. So his net worth dipped. Yeah, but as soon as Facebook climbs back up,
Starting point is 00:51:56 he's now, he's gonna have that money. Made that. Air quotes made that money back. Because he didn't sell any shares or anything. Yeah, that's what's misleading about when you see like, oh, so and so made, billionaires made $600 billion. They didn't make it. They're, they stole it.
Starting point is 00:52:13 They stole it. They stole it from you. They stole it from me and you and you. That's why I stole it back. That's why I've broken to Zuckercourt's apartment. While he was sleeping and he was wearing that damn hoodie, he always wears and I said, sir. He was and he was sleeping with his little water foil holding it.
Starting point is 00:52:30 Water foil. That's what the thingy writes. Oh yeah, it's really funny. He got soapy off. He posted something on Facebook, which is really funny to imagine. Like your post is on Facebook, dude. Nobody posts on Facebook. My freaking grandma posts on Facebook. nobody posts on Facebook my freaking grandma post
Starting point is 00:52:45 on oh man you ever have to like go on there and like you like need to look up someone I need to go up there to learn what my birthday is right right yeah I've used it to get someone's birthday it's a mess the whole thing oh yeah yeah it's chaos but uh yeah he he was upset because the media I mean that's him on the motorized there's a picture we got pulled up here of him on the elect. Oh, no, I think that's just him on a paddle. Oh, no, no, no, that's the, he's got the remote in his hand. But they're apparently, there was an article a couple of weeks ago that used the picture of him on a hydrofoil surfboard, which is powered.
Starting point is 00:53:19 Yeah, with the American flag from fourth to the right. Right, right. And he was like, the media gets it wrong every time. They said in this headline that, this isn't how he sounds. They said in this headline that I was on an electric surfboard when I am clearly on a board that is powered by my own legs. And it's like, this is how the media always gets it wrong.
Starting point is 00:53:39 And it's just embarrassing. It's like, shut up. I was actually pumping. Yeah, I was pumping. I was pumping. Shut up, you dork. That's yeah They they got it wrong. Excuse me, but also for all we know that could be an electric powered one Because sometimes they got the blades below the surface on a hydrofoil one you absolute geek give me money
Starting point is 00:53:59 That's how you know money will never make you happy though. This dude's yeah He's millionaire and he still has to he still feels the need to go, they got it wrong. They got it wrong guys. Like what do you care? If I, what I was pumping also go home long, awesome. So boring man.
Starting point is 00:54:14 You know what I, like if I were Mark Zuckerberg and I had that amount of money, I would buy a football team and change their name to the footballs. I would do it. I would do it or a baseball team and do the same thing. Calls them the footballs. They call them the footballs. I would do it, I would do it, or a baseball team, and do the same thing. Calls them the footballs. They call them the footballs.
Starting point is 00:54:29 Or like change your name to something funny. Change your legally, change your name. Change it to like, Mark Zuckerberg. Ha ha ha! Mark Zuckerberg, is that what you said? Yeah. Oh boy, that. Cause he sucks.
Starting point is 00:54:44 That would be it. The ever's that video of him doing this saying, sweet baby raise over and over and over. Yeah sweet smoking meats He didn't realize people kept saying it in the comments to get him to say smoking meat Who's just slowly sweet baby raise? Oh sweet baby raise. Oh God. What a nerd, But that's what America is about. It's about nerds. Making billions. Who ruined our... That's a free idea though, Mark Zuckerberg. You want to win America's love?
Starting point is 00:55:14 Do something funny. Do something funny, entertaining. Change your name. Change it to, you know. Yeah, we don't care that you bought a hospital. Make your name Mark Zuckerberg. So, God, but that... Yeah, we don't care that you bought a hospital. Make your name Mark Zuckerberg. So God, but that
Starting point is 00:55:29 it's What that was the what the most interesting part was like there was this a bit of a panic When everyone woke up and couldn't get on Facebook WhatsApp Instagram But then there was also this like collective sigh of relief. Oh yeah, big time. Everyone was like, good. I don't have to, I mean, I got so many texts from friends like that were just like, let it all burn. Like do Twitter now.
Starting point is 00:55:51 Don't make me go on these things. Yeah. And we're all addicted to them and it just feels like shit. But we can't do anything about them. That's where all our little friends are. Yeah, it's where all of our little friends are and it sucks and it's annoying. But it's also kind of cool. I don't know if it's annoying. But it's also kinda cool.
Starting point is 00:56:05 I don't know if it's cool. I'm not good at, I fully got addicted to Instagram for a bit. Oh yeah, so you deleted your Instagram for a bit. I had to get rid of it. Years. My parents, they had to come to California, and have a, no, they didn't.
Starting point is 00:56:20 But I had to have my friend change the password so I couldn't physically get in wow and Yeah, he'd you ever come like crotch? Did you say like I swear? I'm fine. I just need to get in there real fast to check something no because honestly as soon as As soon as I was locked out I felt so good totally fine It felt I was like I don't have to check this stupid fucking thing. I don't have to watch what like some guy I went to middle school with this little brother is doing like on his story. Amazing.
Starting point is 00:56:49 And it's like so. Oh, I just wanna finish every story. Yeah. It is pretty, I got it back during the pandemic though. Yeah. Because now you really need it. Yeah, yeah, cause of this thing. But during the pandemic,
Starting point is 00:57:03 you don't see anyone, you don't talk to anyone I was like I want to see what everyone's baking. I want to see everyone's little banana bread Well, I can tell you right now. It was sourdough. It was a lot of sourdough. Yeah, and like cookies and stuff me oatmeal I made banana bread for the first time. Yeah, yeah, I want to brag about it Honestly, it was pretty easy. Yeah, I love banana bread It's so easy and people would make me banana bread because I love it so much. And now I'm like, that's not that nice of a thing to do. It's so easy.
Starting point is 00:57:28 I bought a scooter during the pandemic of Espa. Oh yeah. And I just was zipping around town. Maybe I crashed and died. And I'm in hell. Oh, you have like a co-tards disease. What? I think that's what I think co-tards disease is a excuse me.
Starting point is 00:57:44 Who's co-tards is he's as a excuse me Who's co-star? Can we look it up so I don't see that last segment? I'm on co-tards. I'm almost positive that you have a delusion that you think you're dead walking corpse Cindrum. Oh, thank God. I was right. But with co-tards syndrome. Who's the guy that they named it after there goes co-tard again? People with co-tards syndrome, who's the guy that they named it after? There goes co-tard again. You're gonna be stuck in a bed. God shut up, co-tard. So people with co-tard syndrome also called walk-in-corp syndrome or co-tard's lesion believe
Starting point is 00:58:13 that parts of their body are missing or that they are dying dead or don't exist. They may think nothing exists. Co-tard syndrome is rare with about 200 known cases. 200, that's like the most rare dish. 201. Buddy, I'm dead. I don't know how to tell you this. Yeah, well, you're in my reality.
Starting point is 00:58:37 I can see you, we can all see you. No, I'm bad, I'm not Kotard, so. That's the thing, there's no way to snap someone out of Kotard's disease. It's just such a funny name. Sorry, you said me saying I'm like, well for me it's hard because I think you're thinking of something else when I'm saying co-tart and that's why you think it's funny. I'm not going to say what it is, but I don't like it.
Starting point is 00:58:57 Anyway, I don't actually think that I'm dead because I'm a very responsible writer. I wear a helmet and I'm very conscious and conscientious of my surroundings. I don't speed. That's how you stay safe. That's how you don't- I do get nervous when you're on that thing. Sometimes you say like you're coming over and put your like chronically late and you're like, uh, I'm just joking, but sometimes you're late and uh, I'm like he got smoked on that fucking bad. Whoa, man. You know, you know why cuz my I don't know they just make me my dad got into a bad motorcycle accident. Yeah, yeah, but he's still alive, right? Yeah, but he's like broke. Well, yeah, cuz you're not rich
Starting point is 00:59:35 What oh, yeah if he had died you'd be sitting pretty yeah, I would have been you yeah Well, should we end it on your dad note cuz or dad cuz oh yeah... Oh, yeah. Well, we were supposed to get into my story, but it looks like we don't have time. What story? They wanted my whole backstory, but we'll just... Oh, yeah, well, we can get that another time. Yeah, we'll just do it. And how we met. Yeah, we'll push it. We'll give it to him.
Starting point is 00:59:58 Yeah, eventually. Keep tuning in. I mean, if you guys care, if you really want to know, keep asking questions in the comments. Keep leaving comments. And we hope you enjoyed this. Keep asking, and maybe it'll happen. Yeah, ye shall receive. It is Halloween.
Starting point is 01:00:13 Halloween is coming. Maybe it'll be for Christmas. We'll be your parents. You ask us for something, we'll say, maybe for Christmas. Yeah. Maybe for Christmas. And then it does show up. We'll buy.
Starting point is 01:00:23 Parents are the dad from angels in the outfield and they say Maybe if the angels win the pennant you'll get air Jordan Keep laughing those wings man, so from all of us at the trillion our mindset. We'd like to say thank you for tuning in for So to believe and Well, we'll see we'll see you next time happy Monday everybody We're tuning in for episode two, believe. And we'll see, we'll see you next time. Happy Monday everybody.

There aren't comments yet for this episode. Click on any sentence in the transcript to leave a comment.