The Trillionaire Mindset - 49: Trump is Banned Again

Episode Date: September 2, 2022

Become an exclusive member at https://tmgstudios.tv This week the guys get ready for the end of The Diet Coke Trilogy, break down the Fed’s plan to combat inflation, and discuss Google’s ban of Trump’s Truth Social. Don’t want to miss the finale of The Diet Coke Trilogy? Become a https://tmgstudios.tv member and watch NOW! To match with a licensed therapist today, go to https://talkspace.com. Make sure to use the code TRILL​ to ​get $100 off of your first month​ and show your support for the show. Listen to Funny My Way on Audible now! Go to https://audible.com/FunnyMyWay Stride Career Prep lets students take charge of their education. Take charge today at https://k12.com/PODCAST EXCLUSIVE NordVPN Deal ➼ https://nordvpn.com/trill Try it risk-free now with a 30-day money-back guarantee! If you listen on Apple Podcasts, go to: https://apple.co/trillionaire SUBSCRIBE to Trillionaire Mindset at https://www.youtube.com/trillionairemindset Trillionaire Highlights Channel: https://www.youtube.com/TrillionaireMindsetHighlights 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. THE COMMENTS MADE IN THIS VIDEO ARE FOR ENTERTAINMENT PURPOSES ONLY AND ARE NOT MEANT TO BE TAKEN LITERALLY.*

And we're live man man Here we are I swear to God man. I'm a good stop team back again. What are you pissed about? I'm just in a bad mood today, but I'm happy to be here I'm like I'm not in a bad mood at you at all good just a combination bad trading day on Top of a bad week a bad week Yeah, it's a bad week so I just I lost a lot of money that was all my profits, just what, up and smoke. Like the Cheach and Chong movie.

Just like the Cheach and Chong movie. Ben's money beyond Cheach and Chong movie. My trading account do be on Cheach and Chong mode. Cause it was high, but then it went up and smoke. What else was there? I'll tell you what, it's hard for me to even think right now. Really why? What do you got on the brain?

Diet Coke episode. Diet Coke episode three. Oh yeah. Oh man, the thrilling epic conclusion to the Diet Coke trilogy that only subscribers at TMGStudios.tv or privy to. Who could have the bonus episode? Who could have known that of who could have known

that this all would have happened after drinking one diet coke two weeks ago. I mean, I know we so for those of you not in the know, the diet coke episode is has gone down in history as being one of the best bonus episodes ever in history of podcasting. We're not big sequel people, right? We think let things lie. But yeah, but this things what the returns on it were. We're not big sequel people, right? We think let things lie, but- Yeah, but the things. The returns on it were, we had to run it back. And then in the middle of episode two, we realized there was more of a trilogy.

Yeah, so episode three comes out. And for those of you who aren't subscribers, we figured we'd drop this trailer for you. We've got a little trailer for it. Yeah, so here- So you can see what's going on, yeah. And inside if you want to jump in and- So here's the trailer.

Coming September 11th, I mean September 2nd. Did I talk about the Diet Coke I'm drinking yet? Shut the fuck up! The epic conclusion to the Diet Coke trilogy. Can we have one episode? Can we have one where we don't talk about the thing? I got all this energy from this Diet Coke man that the Aspertames get to me. You want some Diet Coke?

No, I fucking don't. I think I'm gonna make Diet Coke a regular occurrence of that. Yeah, it won't be that regular when it fucking kills you. Guaranteed to make you shit your pants You don't think a lot of the people who drink coke would just switch to Pepsi. No, don't they taste exactly the same I don't think so. No, no, no, Ben. We got a salvage Diet Coke, too Man, you know what we're doing next after ours, right when we do the taste test next week to finish the finale I think it's the perfect way to cap off the Diet Coke trilogy. I bet I could do it. There's no way I could do it.

Trillionaire mindset. Bencon. Emile De Rosa. Two dipshits. I think this will be known as the Diet Coke episode. Wow, this this episode is just dog shit. But it'll be a cult classic. I saw it the diet cook episode when it came out. I'm playing the game, okay? I'm playing the game. It's called Drinking Coke. You're co-cliting me. So gather around the computer or the phone or the tablet and enjoy. Oh, baboo. Don't look at that. What are people' for? What are you paying for? Ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha That shit. Ooh, got me excited. I can't wait to do the blind taste test today. I got my Coca-Cola shirt. They're not paying me. This is free advertisement for Warren Buffett.

That's all gold's the Warren Buffett. Yeah, I can't wait for a Reddit post where some guys is mad that we're trying to entice people to subscribe to our. Oh yeah. We should be putting this out before you. Like, all right. Remember, he was like, don't,

you shouldn't tease people for, yeah. It's like pal. We should just have that guy here, whoever that is standing here with his arms crossed, just ready to scold us, scold me. Like, I tweeted, I tweeted yesterday. Don't you want us to succeed? Yeah, don't you?

I tweeted yesterday, because I was just reading about, that's the other reason I'm in a bad mood is the everything. Someone tweeted. No, everything going on in the world like climate shit. Dude. Well hang on, so I tweeted just like we need to just stop bickering about everything else and everybody needs to come together to solve the climate crisis. You know I'm pissing in the wind it does it amounts to nothing.

No that's gonna help. And this guy DMs me and he goes, you, you know, you shouldn't, it's a very prevalent, basically was like, it's a very privileged thing to say there are people who have problems and to suggest that we all need to put those aside for the climate is just very, like, shut the fuck up.

I know you mean well, but God damn, just don't police me. Can you just, just leave it alone. That's all anyone knows how to do it. It's all anybody knows how to do. I'm just like, including me. I'm the fucking cops. They're like, A-Cab, but also I'm the fucking cops. I'm a blind.

You say one thing? I'm gonna let you know. Also buddy, by the way, if you're out there listening because I know you follow me, I'm not mad at you or anything, I'm just saying, shut up. But it's not even, and I mean that gently. It's not even that guy, it's just everyone. It's everybody.

Shut up. Everybody, I mean, I do it all the time myself. Do you? Yeah, I tell people like, actually, well, I don't really. But that's what it is, it's always, well, actually. Yeah, I stop myself now. But so like the week that I've't really, but that's always, well actually. Yeah, I stopped myself now. But so like the week that I've had where, I did the same thing last, or two months ago, June, July,

July, I had like a ton of profits. And then in the last week of the month, I just gave it all back. And then August, I had a great fucking month. And then in this last week, I've just given like all of it back and it culminated with today Invit did you see the Nvidia news? No, they like updated their their their quarterly projections to

tack on like they're basically gonna lose out on like You know 500 million dollars because China is like restricting chip imports you know, $500 million because China is like restricting chip imports. Okay. So Nvidia is getting crushed right now. And I have four other, I had four other chip stocks. And they all just got fucking, just I woke up down like 20 grand. Just like, cool.

We gotta get you back in the middle. After being down like, you know, 13 yesterday and eight the day before and like 18 the day before, it's just fucking annoying. But then, you know, I'm, this is the fucked up thing about the internet and just interconnectedness is like, I feel obviously that's my life and that's what I'm contending with.

And, you know, it's all relative I feel obviously that's my life and that's what I'm contending with and You know it's all relative because then like these poor people in Pakistan are like right? It's like 30 million people. Is that how many it is 30 million are displaced? I think like a third of the country's underwater. Christ Yeah, so who am I to complain like fuck me shut the fuck up? Yeah, so who am I to complain like fuck me shut the fuck up shut the fuck up I'm pointing it for the audio listeners looking at my own finger I mean, that's what I mean

So that happened like a week after we had Natalie Brunelon and she was going oh, yeah, and she was you know She had her thing about how like Scientists have been talking about whatever. I don't want to like, you know, fight or argue against her when she's not here, but it's just like, I was trying to explain like, no, climate catastrophe is here. Yeah, it's mind boggling. It's not a, the people who still want to just deny it. They've been saying this for 40 years now. I keep seeing this talking point now that like, oh, they were making a big stink about the ozone layer

in the 90s, and like, Matt Walsh was talking about it. But then, yeah, dipshit, the world came together, and they fixed it. Wouldn't fix it. Yeah, they like, they like, the ozone layer recovered. Did it? Yeah, it did. Like, by like 95% or something.

By the way, real fast. Happy birthday to a very special someone. Oh yeah. On Monday, Glenn, friend of the show. Big shout out. Our compliant, my compliance officer, Glenn. 60 years old. It's his big 60th birthday.

He doesn't look a day over 59 this guy. I tell you. That's a big one. Yeah, it is a big one. So we want to say happy birthday to Glenn also in the spirit of Glenn. Check out the disclaimer in the description box. You've got to click the see more button and it'll give Glenn the happiest of birthdays. Yeah, there's nothing he wants more in the world than this show to be in compliance. Yeah. That's all he wants. That's for his 16th birthday. That's what he wants.

Yeah. He wants it to be in compliance. Uh, wait, but it's also terrifyingly hot in LA. I hate my standards. Oh, yes. Yeah. The, it's not just that it's hot. It's that.

So when I first moved to LA, the hardest thing to get used to, back on the East Coast, when it's hot, it's just hot all day, right? You wake up, you're like, oh, it's fucking hot. And here, it's cold in the morning, it's cold at night, but then it's like so hot during the day, sure. And it's so hard to get used to. You'll leave your house and you'll be like,

oh, it's fucking 90 degrees, I'm good. And then you're freezing your ass off by like 7.30. But now, now, I mean, it was like a few years ago, it started, it was the first time I ever experienced like hot nights and mornings in LA. And I was like, this feels weird. Hot nights, summer in the city, hot nights, sucking on a titty.

I just went out to the car to get something, it was 86 degrees. Damn, man. Jesus. 86. Oh, 8.45 AM. You know, the thing is, I remember as a growing up here in the 90s, early 90s, we had a couple summers

where it reached over 100 degrees. And it didn't feel like, oh, it's like the end of the world. But I don't know, living in Los Angeles is a lot different than living in the suburbs of Long Beach. Anyway. Anyway, that's all to say, you know, you got something bad to say.

We're renting a place that you can come meet us and say it to our face, because we don't want to get out of our home. You said we't want to get out of our home. You said we were going to talk about how the audience can come say stuff to our face. That's what you wanted. That's not a bad idea. Which is Brendan A or B and B.

It's like a little office. We'll just. For people, it's a dunk tank. And we'll have office hours and we'll sit at a little table and you can pull up a chair and. That's actually not a bad idea. It tells us how horrible we are That's a really good idea. We can we can lift a page from the podcast but outside friends of the show No, no, but that's their podcast. This is this is us just sitting in an office and people can come yeah Exactly. It's like a book signing without any books to sign people just come and yeah

That's generally good. They're complaint. Yeah, yeah. People just say, like a city council me. No, there's no microphone. Oh. You just come and tell us, yeah, but we got a film it. Why? Because that'd be a waste otherwise.

It might as well not even happen. It'll make these people feel better. They are shits in the woods. Does anybody smell it? No, no, no. Yeah, these, it'll be an interaction between us. Don't like it. I don't know So I apologize for being a little sour-posed baby. I'm trying to perk up. Yeah, come on. I was playing Taylor Dean

Yeah, you know what will make me happy is if you like this fucking YouTube video you comment on You subscribe. Oh, yeah, you know what we got that'll perk me up. We've got our 50th episode next week. And guess what? For day, you know, so we're gonna be extrapping in. Yeah, for day, you know, so we're gonna be extrapping in. Yeah, for day, you know, so we're gonna be extrapping in. Oh, yeah, for day, you know, so we're gonna be extrapping in. Oh, yeah, for day, you know, so we're gonna be extrapping in. Oh, yeah, for day, you know, so we're gonna be extrapping in.

Oh, yeah, for day, you know, so we're gonna be extrapping in. Oh, yeah, for day, you know, so we're gonna be extrapping in. Oh, yeah, for day, you know, so we're gonna be extrapping in. Oh, yeah, for day, you know, so we're gonna be extrapping in. Oh, yeah, for day, you know, so we're gonna be extrapping in. Oh, yeah, for day, you know, so we're gonna be extrapping in. Oh, yeah, for day, you know, so we're gonna be extrapping in. Oh, yeah, for day, you know, so we're gonna be extrapping in.

Oh, yeah, for day, you know, so we're gonna be extrapping in. Oh, yeah, for day, you know, so we're gonna be extrapping in. Oh, yeah, for day, you know, so we're gonna be extrapping in. Oh, yeah, for day, you know, so we're gonna be extrapping in. Oh, yeah, for day, for day, you know, so we're gonna be extrapping in. Oh, yeah, for day, you know, so we're gonna be ...sellivation. ...formalware, black tie event. Yeah, we're dressing up. And you can send in your, because if you're gonna be watching,

we want pictures of you in your either tux or try to do a tux or ball gown or something, because it's formalware. TrilMindHotline at gmail.com, send in your celebration photos and we will we'll we'll post it with a montage of like what's that song by the red head

like an audience we're inviting a lot of people to there's gonna be all kinds of guests who stop by we're gonna have I think Elon said he was a maybe so that's a big one yeah Jeff Bezos was a pretty firm yes. Oh, right. Oh, Mark Zuckercorn was a no. No, he, I actually talked to him after. He said, yes. Yeah, yeah. Oh, that's cool. Uh, there's actually a possibility of Charlie Munger,

die on the challenge, die on the show challenge, which you would understand if you were a subscriber. So go to TMG.stidios.tv if you wanted that joke. How great would it be if Charlie monger died on our show His wikipedia page. Oh, yeah, anytime anyone changed. I would be back on their daily being like and he died on this podcast He died famously doing the Charlie monger die on the trillion He died doing what he loved telling young people to stop being such a baby. Yeah, to stop to not buy Bitcoin What was the other thing I was going to say? We're going to look good. Oh, in Texas. No, who's the redhead that sang the song that was like the graduation song? We will fight and see. Fight and see. We're going to put a montage of it. No,

because that's like the end of something. This is just the beginning, baby. We got to play like Frank Sinatra. Bap, bap, bap, bap, bap, bap, bap. That's the last Vegas song. It's literally called New York, New York. Oh, whoops. My mistake. I thought it was... I love how you're hearing it.

I did it my way. You're hearing a song, New York, New York. No, I was thinking my way. But that's a very... That's a New York song too. Isn't that something about it? Oh, that might be the one I'm thinking of. Him beating up his wife or something?

No. Didn't he beat up his wife? So you know how he was married to me a Pharaoh? Yes. All right, well, and then Woody Allen was married to me a Pharaoh? Oh, that's spicy. That's salacious. He had goons go pick up Woody Allen and throw him in the back of a car and be like

Quit fucking around damn quit marrying Frank Sinatra's wife. No better not a mayor quit being such a like Yeah, oh was he being a bad husband? He married their stepdaughter. Yeah, well, they're still together. So that's a testament to the love that the can endure Or not that daughter. What is she adopted something? Yeah, she's his adopted daughter. I'd say that was a pretty weird marriage. It is. It continues to be.

No, I'm saying Woody Allen and Mia Farah. Oh, yeah. I wouldn't have got three marriage when it ends. You can do Frank Sinatra. Say like, hey, Woody. Hey, Woody. Hey, wait, wait, wait, say like, hey Woody. Hey Woody, hey, hey, wait, wait, let me think about this. Let me think about this. Let me think about this.

Frank Sinatra, I got a channel Phil Hartman doing Frank Sinatra. Listen, sweetheart, listen, you fucking Jew. You leave that blonde, broad alone, you hear? Only I can fucking, only I can fucking... Only I can ruff her up. Only I can ruff her up. You fucking...

F***. Whoa! F***. Just... We can bleep that word. But anyway. I imagine Frank was letting the K words fly. Oh yeah man.

I mean they were all doing racism back then. You know who was... What's Sammy Davis, Jr. Which was the guy that crashed into a tree and died? Right, done. No. What? Yeah, Ryan done did, but Sunny Bono was skiing.

Yeah, he's not skiing. I remember my parents took us to see his grave in Palm Springs because he's married out there And I was like, okay, so he did that song with share and then he died. Yeah, I got you babe. I hit a tree babe Is that a like parody song or did yeah, I'm weird outing it right now just off the dome dude Oh weird out didn't do now just off the dome dude oh Weird out didn't do that you know I am yeah, I was gonna say that's kind of a dark one for me. I hit a tree babe Skying is dangerous dude you could hit your head at any point where helmet Yeah, but then you look like a nobody's gonna want to fuck you on the slopes no I'm in the lodge afterward. Who's gonna fuck the guy wearing a helmet?

When I was growing up, I skied a lot. And I could tell you, you got some brain damage. I actually did smash my face off a jump one time. But there was like very few helmets and then as the years went, it's like now everyone wears helmets. Yeah, well that's because yeah, I don't know. You know when I was in Little League my head was this size but my body was like a hundred

pounds smaller. You were falling over. Well no, I always had a little panic attack when it would be my turn to go up to bat because there was always only one helmet that would fit me. What they do though is the ones without someone had shoot taken out some of the foam. And I would always freak out if this kid was, this one kid was like, in front of me in the lineup,

and if he was on base, I'm like, well, fuck, I can't put on the helmet. And I was also a catcher. And when the ball goes wild, you're supposed to rip off the mask, so you can see better, but I couldn't do it because it was like a, pfff, kind of thing.

And the coach would always be like, rip off the mask, but I didn't ever tell because it was like a pfff, kind of thing. And the coach had always been like, rip off the mask, but I didn't ever tell him my head's too big. It's fucking stuck. I can't do it. Anyway, you know who's gonna complain right now is there's one guy in the comments who's like, oh, if you want to get to the actual finance stuff,

you can fast forward to like the 18 minute. There's a guy who says that? Yeah, there's a guy who did that one. Hey, make sure to find our office hours, pal. Come on down. Let us know. Yeah, yeah. You fucking let us know.

We should get into it though, because we are almost it one second. OK, what? You know what's the most devastating thing you can do to someone? Kill them. Yes. All right, let's go.

What's the most devastating thing? When they come up to bat and everyone does that. Move in. Oh, yeah, yeah. I knew how that. Moving! Oh yeah, yeah. Oh, I knew how that, I would witness that, but it was never me. Oh yeah, come on, big, slow, big. I had a good little, all right, think about the guy.

Come on, let's hit it before the end time. All right, so, oh, you know what, my favorite hole is? My second favorite hole. No, no, no. The 19th hole. The butt hole is number one. Your second favorite hole. Mouth hole. Oh, favorite hole. No, no, no. The 19th hole. The butt hole is number one. Your second favorite hole. Mouth hole.

Oh, Jackson hole. No, Jackson hole is my third favorite hole. And it happened last week. Boy, that actually Michael Jackson's hole is the one that I was thinking. There was a Michael Jackson's hole joking there that I'm just not gonna extrapolate. Talk about big inhales into the microphone.

Yeah, oops, I did one. Also, I'm not wearing my monitors. Why? Cause I don't care, I don't care today. I just don't care. I fucking hate Moody Ben. You hate him? But Moody Ben just needs love and support.

But watch, give it to me and then I'll turn away. Like a... I'm a bad boy. I'm a bad boy. I just wanna be loved. But if you come closer, I swear to and then I'll turn away. Like a bad boy. I'm a bad boy. I just want to be loved, but if you come closer, I swear to God, I'll turn around. I'll show you my back. Anyway, Jackson Hole, the Jackson Hole Symposium

happened last week and it is the annual thing where the Fed gets together and talks and does like a speech. Wow, what an explanation. Oh, it's such a great explanation. I, yeah, baby, but Jerome Powell, they start the episode over. We gotta like hit you with some fucking, oh, I got my shitty cold brew that's only making me more tired.

We gotta get the drugs they hit, Biden with right before our speech. Oh, and we gotta hit you with him before a, what's the drug that they give fighter pilots? That's what that means. It's probably what? Empphetamine. Oh, I thought you said some kind of bean

I was like they're not giving pilots. I'm flying off just beans baby dude speaking of beans. Oh, yeah, it's metaphanil Speaking of beans. I'm not even gonna get into my tummy ache that I had last night jack and hole jack Well, just give us a little pep. Yeah, well, so Jerome Powell said that bringing down inflation will require economic pain will require economic pain, will require economic pain. And that prompted me to do a little bit of digging. And I want to give a shout out to Jim. Jim. That's how you pronounce it, right?

Jim. Jim Carson, who does not listen to the show, would not. Probably doesn't know who we are. We DM them and ask them to listen. I think I asked him via DM if he would come on the show and he just liked it. Even though he does podcast appearances all the time, I think he would if we prodded him one more time. But to talk about this shit, because not after what I say about his piece.

Oh yeah, so we have some, we sent it to me. I sent it to me. I don't I sent it to you. He his he runs an investment Fund hedge. I don't know if you'd call it a hedge fund or whatever, but it's called a chive volatility advisors or something like that And he put out this like 25 page report All about inflation and the feds response to it and he pointed out that basically currently yeah There it is the for the YouTube listener. It's just the

PDF maybe we can link to it if you want to if you want to read it, but So people talk about there were there was this fed chair the tallest one by the way He was six foot seven. He was a huge guys. He was Paul vul Volker. Paul Paul Paul. Paul Volker. The Volker Shock. And yeah, they call it the Volker Shock because back in the when he was chair, which was in the 70s, I believe, he was in the late 70s early. Yeah. The 80s was his big, he raised rates legendary shocking the market, causing a recession. And it worked.

It brought inflation down. But it also sent us into a pretty brutal recession. Yeah. So Powell has been at Jackson Hole. Jerome Powell was talking about how he looks up to Paul Volker. But not only that, I mean, this has been forever. I mean, and this is what I was telling you a while ago that like he's a fucking vulgar simp

and has been for a while. Like he carries around public appearances a Paul Volker's book. He does? Mm-hmm. And he like, when he's asked about it, he's like, he's just a legend. Like, do you think Paul Volker?

This dude has been fucking like, itching to hit that fucking button. Paul Volker, six foot seven. You think he Valker? This dude has been fucking like... itchant to hit that fucking button. Paul Valker, six foot seven. You think he could slam dunk? Probably not. You think he had a big huge weiner? Probably proportional to his body. So big huge weiner.

proportional to his body. We know, hear more about like, Shaq's penis. It's actually not, it's really average. No, it's not. No way. Did he say that? Yeah. When? Are you googling back there, Shaq's penis size. No, it's not. No way. Did he say that? Yeah.

When? Are you googling back there, Shaq's penis size? Yeah, we can hear a clicking. He's a clicking. Just don't image search it. But so as Jim pointed out, nobody seems to talk about there were these other fed chairs who raised rates in the face of inflation and it didn't work. Namely, William McChesney, who was chair from 1951 to 1970, he raised rates from 3.5 to 10.5%

in June 1967, between June 1967 to June 1969, which caused an 11th 11 month recession and inflation was barely affected. And then you also had this guy Arthur Burns from 1972 to 74. He raised rates causing a long recession. It briefly lowered inflation, but then it came screaming back to new highs. And according to Jim, the lesson is the Fed, and Powell has said this himself, the Fed only has blunt tools to fight inflation. They're very limited in their ability to fight inflation. And, uh, yeah, Jim's whole position is that Powell's raising rates now to fight inflation is only going to offer a temporary respite and it's because inflation is being caused by so many more deep-rooted things,

this is actually only gonna ultimately lead to more pain, right? Yeah, but so, yeah, go ahead. So number one, what we both talked about is the offers no real solutions. Right, which I think is kind of, it's like, great, thanks for laying out the problem. We all, but it's also like, who's the solution going to be for? Like, hey, Jerome Powell, check out my opinion, sir.

Well, then what is this whole thing for? Yeah. That's a good point. I would like to know what he thinks the solution is. Right. Okay. And the problem is not only does he not lay out any solutions, he seems to weirdly take issue with these, he calls them populist policies.

And I don't, it's a very odd thing. And it's funny to read to like these bankers are still so shook up by Bernie Sanders to presidential campaigns that they seem to think he was president at some time. Like he talks about, he talks about, populous, he talks about Donald Trump and Bernie Sanders. He does, there's no mention of Joe Biden, the guy who's been president and it's very weird. He's like, and he keeps name checking Bernie Sanders. People like Bernie Sanders. That's, I think he's not, well, I think, right?

I think he's talking about the the carving out of the Basically my my take was it the top percent of basically the the The low interest rate environment that we've been in the Fed monetary policy that has been in place for so long Does Bernie Sanders only no no no has only served to enrich the rich further because they get to borrow cheap capital, make the investments that only they can make that leads to further globalization and offshoring of manufacturing and basically making the rich richer and the poor in the middle class just kind of gets hollowed out.

Which leads to populist movements on the far left and the far right is what I took it to mean. Not I shouldn't say far, but like on the left and right, you got these diametrically opposed. But what populist policies on the far left have affected this? I think he's talking about things like student loan forgiveness that I'm not saying are bad. That literally just happened.

He can't be factoring that in. I think he's stuck in the back. He hasn't even happened. He couldn't be, he can't be factoring that in. I think he's still, he hasn't even had bail out. Number one. Yeah, and so that's the thing. These guys are pretty, COVID package. These guys are pretty blind to this, right? Because what's going on in the rest of the world?

Oftentimes, countries are having worse inflation than us, right? And they didn't, they didn't have nearly as generous, COVID relief packages as a nice. So I mean, it'd be nice if these fucking dudes could get a clue. Yeah. The one thing that he pointed out that I thought was an interesting comparison was when Richard Nixon was president, and we were fighting of two wars, Vietnam and Korea, I believe. No.

Korea was in the 50s. Yeah, but didn't it continue like indefinitely? It ended in like 54, I thought. I hear the clacking. When did the Korean War? Yeah. Korean conflict. Yeah, I mean, it's technically still, oh yeah,

it's technically still going on, but that's between that. No, no, no. 53. Well, so, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no Basically, there was a lot of money being turned around and we're kind of dealing with the same thing where we've got a war Multiple wars you could say we're not at war. Well, we had like Afghanistan We're now funneling billions of dollars in Ukraine and then we've had the COVID relief package and we've printed all this money So it kind of creates this perfect storm Is what I get is what I mean, that's just my interpretation of what this guy's saying. Right.

And my thing is I think he's I don't think those would be considered populist left policies. Yeah. Anyway, can we open up that doc and search the word populist real fast? Because I am curious what what stuff he's got in there. This is going to be riveting for the audience. Despite being a laissez-faire Republican due to the continued popularity of populist policies to address inequality, Nixon not only continued to LBJ's war on two fronts, but passed new laws to increase social welfare spending much

like the leaders of today for the less popular job of controlling inflation lbj nixon push the federal reserve front and center and mandated that they rain in prices the fed obliged uh... that that that that starting to be right what's going on i'm curious what we're doing the show i'm looking at what he's saying about populism populist movements. Yeah, the Tea Party movement on the right, it gave birth to Occupy. Yeah, I can't remember with it, because he talks about it a lot.

He tweets about it a lot too. What, populist policy? Yeah, yeah. This guy's a hack. He's not a hack. Yeah. That's what you do. You find one thing that you disagree with on someone,

and then you're like therefore their entire Thing is flawed. I it is flawed to rely on you know to push this narrative that Populist policies have gotten us. I don't think that he's saying that they have gotten us anywhere I think he's saying that popular he literally he's saying that populist policies are a product of inflation dude Yeah, and he's worried that we're gonna get even more populous policies right? Yeah, and populist policies are a product of inflation. Dude. Yeah, and he's worried that we're going to get even more populist policies.

Right. Yeah. And that can sometimes exacerbate inflation even further. It's like slapping a, a, a, Right. So this guy has no solution. A bandaid on a bullet wound. And he's worried that people might get some kind of relief.

You don't necessarily need to have a solution lined up just to critique current policies though. But he is critiquing. Yeah, but so what? I can critique something without having a solution. Oh, no, I'm just like, and that's thing. I'm like, if you don't have any prescriptive advice like then, okay, great. Like you're just, I think, well, I think it's less that he's just sounding the warning bell like, hey, I don't have a solution to this, but... He's just going, thinking, here's what I'm noticing could be something to pay attention to. That, like, this is his main thing. The Fed may stop inflation, cyclically, in the short term, but the inflationary impulse is likely secular, which means it's a longer term thing.

I'm just reading a little bit more of what's longer term thing. I'm just reading a little bit more of what's under that thing. But yeah, so I don't know. Damn Ben's so pissed right now. I'm not pissed. Ch- Jam and Ben sitting in a tree. You know what, gets me pissed. Hey, hi.

Going in the- Goin' in the bathroom and seeing my fuckin' tinsel in my hair, the grays that I've got. Fucking Christ. We should get him on the show because I would love to hear what he has to say. It's just like, dude, hearing this guy on certain podcasts, he can talk in such big, confusing, fucking terms

where I'm like, dude, what are you speaking, Lish? Come on. Yeah, I think I've been... But that's more when he's talking about like market structure. I don't think people would enjoy it. I think people would, because he's got a very, he's got a very, he's got a mouthful to say about inflation.

And yeah. Yeah, 22 pages worth of it. He's basically, so in a nutshell, he's just warning that this particular flavor of inflation isn't like this flavor. Yeah, it is not good. This is like. No, it really isn't good. I mean, that's it. So that's what scares when Powell was, I mean, that's when you sent it to me, I was like, oh, okay.

He's like, it doesn't seem like he's telling Powell to just push the button like everyone else. Yeah, but I was just kind of confused where he was going. Yeah, I read it twice. I'm going to have to read it a third time because yeah, I get definitely just kind of lost in it. But it seems like when Powell was up for reappointment, he kind of feigned a dovishness a little bit. And now he's just gone fall. Pedal to the floor. Yeah. Because people, you know, people forget this was a, this, he's a Republican Trump appointed. And his net worth is like a hundred million dollars. Yeah. Also, it's so funny that the Fed governors, when they they those ones who got like caught or whatever

Oh, they've been cleared. They just well, yeah, they sold all their shit at the top and Then Nvidia Pelosi, did you see that? I already told you know Pelosi salt well known not that part But Pelosi the Pelosi family sold their shares of Nvidia. Oh, right before. Damn, they're good traders. They saved themselves an estimated $600,000 in losses as of today's trading. But I mean, granted, that's also a drop in the bucket to them because they're worth $100,000,000 also. Really is a head scratcher that these politicians do be accumulating a ton of wealth when they're

in office. That seems questionable. Oh yeah, also, I want to just note that so the Fed has also been kind of really noting the strong labor market. And they said the labor market is particularly strong, but it is clearly out of balance with demand for workers, substantially exceeding the supply of available workers. We've got to throw people out of work. And we are getting a lot of boomers retiring. I don't think that's what they're talking about. Wait, was standing so the jobs, the available jobs far out of

numbers, the people looking for them. Yeah, it's like something is good. Yeah, it's good for workers. Yeah, not good for them trying to tame inflation. Yeah, yeah. It really is a fucked up kind of push and pull where one of the ways to tamp down inflation is to cause economic pain. Yeah, I mean, he, I mean, that's the thing. He's got good stats on this stuff, right?

So Volker's program came out of huge human cost at 10.8% unemployment in the US, which is its highest level since the Great Depression. Yeah. So that's what people are talking about when they talk about, you know, all Volker fixed this, you know, came into an immense global cost. It's had a global debt crisis, in particular many Latin American governments had borrowed from US banks, which charged far higher interest rates after Volkers hikes, as a result their debt ballooned.

In 1982, Mexico defaulted on its debts with many others falling behind, businesses including building contractors and carpenters were forced to close shop and droves. At the peak of the crisis, builders mailed Volker's office two by fours by the pallet that they weren't able to use to build homes as the mortgage market mortgage market had completely dried up. And then Ben Bernanke famously had one of those two fours in his office as a reminder of whatever the fuck. I just thought one of the interesting things that I pulled from that was that the

the wages share of the economy's total income dropped by 20% in the last 50 years meanwhile corporate pro So basically everybody's collective wages as a share of the economy's total income dropped 20% in the last 50 years while corporate profits as a percent of GDP has climbed the rich-gate richer and the rest of us are schmucks. I also, I mean, one of the things we should show is his graph about how the middle class, how the wealth has been just absolutely sucked out. In 1970. To be concentrated to the time. Yeah. In 1970, the upper class had 29% of the US income, middle class had 62%.

And in 2015, the upper class now jumps to 49% of US income in the middle class drops down to 43%. So it just fucking sucks. Like it's great to have low interest rates and have cheap capital, but that's only good for the investment class. And Jim says, you know, the majority of Fed stimulus ends up in the hands of the wealthy and the corporations

they use capital to maximize profits. But how do you fix that without popular spots? Exactly. I'm genuinely curious. No, I know. I don't. I think. And then he's like, well, but I'm worried we could have popular spots. I don't think that that's what distribute wealth I don't think that he's I think that he's saying when you go too far in that in this direction of low interest rates for too long then it breeds these temporary solutions that seem good but actually only end up exacerbating it even further. I don't know what his prescription is.

I don't think that he, I'm pretty sure, having followed this guy on Twitter for so long, he's not like a, oh, don't give any handouts to the middle class. It's just like, yeah, this easy money policy. He DMs me and he said, he calls me a lazy comey. A lazy comey, comey. Oh, comey. He called me a pink comey. A lazy comey? Comey. Oh, comey.

He called me a pinko piece of shit. I think his whole thing, and a lot of these fed, these anti-fed guys, their whole thing is that this easy money comes at a cost, and it's at the cost of the middle class, and the working class people, because why would corporations, it behooves them to use that cheap money to maximize profits, lower the cost of production, innovate and compete in that those record profits. Some kind of government entities should rein them in or something.

Yeah, that might be populist. No, that's not what he said. I don't think he believes that. I don't think he believes that raining in government or raining in corporations is a bad kind of thing. I mean, he points out that like, I think this would be an example, how Nixon froze prices,

but it was only temporary and inflation just continued after. Sure. And I wonder if we reached that point. I wonder if we get like, why can't they do that? Just fucking free. I think it's such a weird argument in this scenario. Like Joe Biden literally took out, did an op-ed and what was it?

The Washington Post or maybe the Wall Street Journal. And he's literally like, I'm just gonna let the Fed do its thing. I'm not gonna, we're not gonna do anything. Like, the Fed is in total control. I don't think that it should be. I'm just, like, I was talking about it, I think with you guys yesterday, it's mind numbing to me how we've got these high gas prices that we all assume, oh,

gas prices are high because their input costs have gone up because oil has gone up because the supply chain is disrupted. So their margins are probably staying the same. That's why they're raising prices. No. They're experiencing record fucking profits. Right, but they would argue that they're baking in these prices because of future argue that they're baking in these prices because of future costs that they're gonna have to bear. Yeah, come on, dude, you don't want them. Suck my dick. You don't want them to get fucked over.

Shell corporation, you piece of shit. So speaking of, should we go to Europe? Speaking of gas. I would love to go to Europe, where are we going? Italy. Italy? Yeah, do you want to abscond? Yeah.

That's what the rich do want to abscond? Yeah. That's what the rich do, they abscond. I like when rich people ask each other where they summer. Where do you summer? God. Where do I summer? Where do you summer? Los Angeles in my hot apartment.

I actually have been traveling a lot this summer. Yeah, you have. You're about to go to Colorado. Yeah, don't let me forget to empty this before the, because I'll lose another fucking, all my stickers gone. Algin, yeah. You guys send a meal stickers.

No, no, no, they gotta be good. Like, remember my fucking, I call bullshit thing. Yeah, sounds like bullshit to me. Wait, was that one of yours that you put on there, was that on there when you took it from the Lost and Found? Oh, no, there was nothing on it when I found it from the lost and found oh no there was nothing there was nothing on it when I found it no fill gave that to me. Ah did he make that?

No. Oh I could put some fucking yeah take a sip of water in the middle of your sentence. You could put some what? I could put some horny bumper stickers on it horny bumper sets right Speaking of record profits rushes gas from Oil fuck gas company whatever they made 41.75 billion dollars in profit in the first half of this year 41.75 almost 42 billion dollars in profit That's fucking that's a lot of money these these Russians is that good is 42 good dude 42 billion dollars in profit. That's fucking that's a lot of money these these Russians. Is that good? It's 42 good dude 42 billion. Oh, that's almost that's almost up there with Apple monies

Excuse me The good news though for Europe is that cuz you know you read all these headlines about how they're fucked for the winner and You know, you read all these headlines about how they're fucked for the winner and they're... It's so hard these days. I just have my critical thinking skills and my like bullshit detector for articles that have really doom and gloom titles is wearing thin. Because I know that all these companies now have cracked the code. In the way to get us to click, which then generates revenue and the whole machine works, is by making us angry or making us scared.

Yeah, you got to wait through a lot of bullshit to like this. You got to wait through so much. See what's going on. I am a bit confused. So you had a pretty optimistic. Just relative to take on Europe. Yeah, which is that they've stocked up. They've filled up their tanks, so to speak.

Right, they might have heard a brutal winter. Yeah, and they also have alternative sources. They've got coal, they've got coal. What is that? Is that con? But no, no, it's from, it was like, it might have been when Dave Chappelle was on SNL after Trump was elected. And he was like, this motherfucker talking about Cole. Cole. I haven't thought about it. Hey, good throwback, dude. Is that 2016? 2016.

Yeah. What a different, uh, yeah. Everyone's brains broke. Yes. See, and everybody's like, whoa, it's all fucking Trump. That's the thing. That is the, he is the crux.

He's the impetus for all of the broken brains. Cause he sucks so bad. And he came in and poisoned everybody's brains on the right. And then made everybody else just go insane because we're all like, are we really doing this? This guy sucks. He rocks. This is a whole different conversation.

Yeah, I know. Jesus, hey. Did you say he rocks? Well, he rocks sometimes on Twitter. Like back in the old days when he would tweet like Diet Coke is for a fucking booze or whatever he said. What did he say? I mean, he said a lot of things. Yeah, he did remember when he was like With when Kristen's Kirsten. Oh, yeah, Chris Stewart cheated on Robert Pattinson and he was like

Robert I wouldn't take her back. She's a dog. She's always been a dog. Dude, he was on. I remember when being on vine in like 2014. He was on there and he was on vine. Oh yeah, that's where he posted those things. It would be like, those were sitting there. He'd be sitting there looking up. He did a couple of Robert Pattinson vines. He's sitting there. His intern is like filming him. And there's like a second long pause. His intern is like filming him and there's like a second-long pause Robert Pattinson Kristen Stewart cheated on him. Is she fucking dog don't do it. She's a dog Kristen Pat Kristen Patterson you're fired

Kristen Wigg or Stewart It was just oh man. It was funny. It was so stupid. You had to respect truly having a take on everything. Like, I don't know how he consumes and processes so much. It's like, Rosio Donald would be on TV and he's like, oh yeah, she's a bitch. I've always thought she was a bitch and it's like, dude, I, what, how are you watching every channel at once? Yeah.

Yeah, he's an old lady. He's just an old lady with opinions on everything. Yeah, I always knew she was a bitch. You know it. I know it. Everybody. American people know it. American people know it.

Anyway, well, good news for your. It might not be as bad as, you know, I I mean that's also coming from us sitting over here. Well that's the thing I want to point out it is already very bad. Yes. So I've linked this these are electricity prices. There's a map of how the prices have son up so so wholesale day ahead of electricity prices breaching the 700 euro per megawatt barrier in multiple European countries today. Two years ago, the typical price was less than 50 euros. Wow. So it jumped from... And if you zoom in...

50... 50 euros to 700 per megawatt hour. And I mean, you're seeing people post really insane... really insane energy bills in Europe. It's... So I mean, it's already here. It's a, Hey guys, we want to take a quick break to thank a sponsor of today's episode, NordVPN.

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Though, I think I would rather the opposite. Really? I mean, they both suck. Yeah, they both really suck. But yeah, the other good news is that a bunch of European governments have collectively earmarked about $278 billion in relief. And there's talk of capping prices,

which is gaining support. And that's another thing, like, yeah, absolutely fucking capped prices. If the prices are going through the roof, who does it benefit except for the energy companies who are going to be profiting like fucking crazy? Just ask them to, I don't know, I'm so tired of everything. I'm so fucking sick of this shit I'm so fucking tired of it man The people need to rise up. Yeah apparently that

That 278 billion is not doing enough they have Seriously already It says Britain's national energy activity projects and increased from four and.5 million UK households to a full eight and a half million will face energy poverty this winter. God, how are they gonna heat up their heat? Also, I love the surprise that a government program is not working. Wait, hold up.

Wait, they didn't allocate enough money to help people. Yeah. The good news though is that the decimated euro, the euro being so dirt cheap is gonna be great for encouraging tourism. I don't know if that's good. I mean, take what you can get, man. If the only thing I could get that's the only silver lining is a bunch of tourists, sure,

give it to me. More body, more warmth, more BTU's coming in. I don't know. I just, France doU's coming in. Yeah, I don't know. I just, France do be stinky though. I just worry about, you know, turning more states into just, well, now they're completely reliant on tourists. Yeah. And, yeah, Greek, Greece, what do they have?

They got fed up. Extremely reliant on tourism. They went bankrupt a couple of years ago, right? Almost did. Yeah. I bought some of that yogurt, that fag yogurt. Fag. Fag.

Okay. Yogurt. Yeah, what did you say? Fag. Oh yeah, I bought some. I mean, eat. Plain. So it's just called eat.

Yeah. Yeah, I'm gonna drizzle some honey in there. And straight from the bear's teeth. It would be the bee's teeth, I think. No, that's the bear. Or the bee's vomit more. Yeah, I saw a TikTok of a guy milking a cow. Man, those udders get fucking swollen with milk.

I think I would... It would be a bad experience scrolling through your TikTok. It's not that bad, man. It's now moved from human breasts to animal breasts. Yeah, well, I mean, it's something that you don't really consider, because as a kid, you know, you're raised being like, oh yeah, cows, milk and you milk the cow, but like seeing it up close, it's just this

fucking engorged fucking, it's just one big tit with four big nipples on it. And at first he like, well, he, he like cleans it off first and then he's like, no, we got to clean it off. And he's like, taking the rag and there's dirt all over it. And it's just like, it's the back of the cow. So you know that the ass and the pussy is right there. And it's just like, whoa, what is going on here? We drink this shit. And then he like, you do plugs in. I don't, I drink almond milk.

Everyone in the comments was like, you are a milk boy. I don't, I don't drink milk. This guy drinks a tall glass of milk. I do not drink milk anymore. I used to, but now it gives me diarrhea of course So I give myself once once every once in a blue moon I go to In and out burger and I get myself a burger Animal fries and a leopold and shake. Oh that's right. I go home and I fucking let the I fucking let my toilet have it like I'm a

fucking let the I fucking let my toilet have it like I'm a like I'm a When I'm getting good at it and out my toilet seat. Yeah, it's so Like humans aren't really supposed to consume dairy. Yeah, and just a suck it out of our wives Help me. Do you need to call anybody? Joe Biden help me. It's too bad I already got Obama. Hey dad, yeah.

Is grandmother? No, it's not the Volvo. It's talking about it. Yeah, but just come. The one that's calling grandma. No, it's not the Volvo. It's just talking about something. Yeah, but just come. Okay, thanks. Oh, I'm gonna come. Ha ha ha ha ha. Ah, anyway, so I was good.

That's even worth it. Yeah, no, we're not meant to slurp down milk. But so Americans are, you know, Europeans too eat a lot of cheese. I guess certain European, the French. Yeah. And that's where the stinky shit probably comes from. But my friend was dating a woman, not from here. Please help me.

And we were asking her, like, what are, you know, weird things about Americans. And she was like, you guys all stink like fucking cheese. Oh, what? And she was like, you guys all stink like fucking cheese. Oh, what? And she was like, you guys don't even know it. Tell her to go back to where she come from. No, what? You don't like it here, sister? You can go back to where it doesn't stink like cheese.

Anyway, Whole Foods has these blocks of cheddar cheese that are dusted with salt and they are just, you bite into one of these things and you feel your arteries shrivel up and fear. Man, the more I talk to you, your stomach issues make a lot more sense. Yeah, you know, the last couple weeks, every time I have a protein shake after the gym, I just get such a belly ache, man.

And I thought that it's this... Why are you drinking protein? Cause I get out of, that's what you do after the gym. I think it's a combination of drinking it too fast. Like I chug the damn things. But then I also figured out that it's the powder that I use, this Vega protein powder. I googled,

I get home and I mix up beans and quinoa and I just start by the fistful. Yeah. Yeah. That makes sense. Nah, that's just all so nasty. Yeah, but I put, I just, almond milk. A banana milk probably with the...

A banana, berries, a couple cheese cubes. Pee. Pee. A date. Mom, do we have any more salted cheese cubes? I put a date in there. Pena butter and some powder. It's a great little meal in a box.

Not whatever the fuck that receptacle is. I don't know, anyway. So speaking of Donald Trump, his truth social dog you. Are you on truth? No. I'm on it. You are?

What's your username on there? It's just a meal. Bedo over here. I tweeted about it. A lot of people were following me. But I forget to on it. You are? What's your username on there? It's just a meal time. A lot of people were following me. I forget to use it. So I'll start using it more after this. It's fucked up that we're supposed to call the equivalent of a tweet a truth. I don't want to do that.

So it got denied from the Google Play Store. It got denied from the Google Gaga Play Store due to insufficient content moderation. Yeah, apparently like having people, you know, saying racial slurs and whatnot. No, come on, look, sometimes it's just like this. This is my one and only truth. It says, truth, social is, Pimp is hell. That's what you wrote.

Hahaha. That fucking rocks, man. I can't use to use it. Yeah. Truth is where I can really just be myself. Yeah. You can use all the racial slurs you want. No, sometimes you should.

Unencumbered. Call things Pimp as hell. Yeah. So, I don't know if it was in response to it, but Trump truth 51 times in 24 hours, including many at like late, late hours of the night. That's how he always was. The dude does not. No, no, but this was on a date.

Guys got cakes, baby. This was on another level. Oh, yeah, he was like retweeting QAnon shit. But what was it? So fill me in. I don't know if he was retweeting QAnon shit or retweeting accounts that, it was probably either way.

What was the contest? I don't even know. I don't, I don't, I don't follow Montruth. I mostly follow all my favorite creators. So they're... Mhmm. Actually, does it make you follow Trump? I don't know.

Kind of like how they gave us the YouTube album. Yeah, that was one of the, yeah. Yeah, that was fun. But he was, I know one of the things he said was they should have another election right now to give me like a fair shot because it wasn't fair. He's a fighter, baby. He just wants a fair shot. Yeah. God, I'm getting so tired of these people.

I'm just people. Just everybody. I'm just so tired of these people. I'm just people. Just everybody. I'm just so tired of them. I just wish that I could go live on a farm, like just by, with my wife. Yeah, but you know what's gonna happen? What? The people are gonna come and burn it now.

Yeah, well no. There's gonna be global collapse and we're gonna go, Hey, Conn's, thanks for attending to this farm and everything. No, it's ours now. Fuck, and I'll go, damn, okay. Me and all these scrappy dudes. It's ours now. Fuck and I'll go damn, okay. Me and all these scrappy dudes from the city. Yeah. Who's your wife in this scenario?

I don't know. She got milk in her boobs though, I'll tell you that. Oh my God, man. K-some hungry. We're gonna cut that. Why? Because I didn't like it. Really?

Oh man. I didn't like, it was very visceral for me. Yeah Yeah, I cause you're wearing your headphones and I'm that yeah Put your headphones in for a second. Yeah, I know what it sounds like if I plug my ears Yeah, I can hear it just the same it's the same Honey well, what did you eat this morning? I'm just curious, man. What? Wait, what? I'm worried about you.

Don't be worried. I'm fine. I'm just fucking annoyed. And then the fact that I'm wearing shorts and flip flops today, I just feel like I'm doing. Because it's hot. And I just feel like a different kind of thing. I'm just like, I'm just like, I'm just like, I'm just like, I'm just like, I'm just like, I'm just like, I'm just like, I'm just like, I'm just like, I'm just like, I'm just like, I'm just like, I'm just like, I'm just like, I'm just like, I'm just like, I'm just like, I'm just like, I'm just like, I'm just like, I'm just like, I'm just like, I'm just like, I'm just like, I'm just like, I'm just like, I'm just like, I'm just like, I'm just like, I'm just like, I'm just like, I'm just like, I'm just like, I'm just like, I'm just like, I'm just like, I'm just like, I'm just like, I'm just like, I'm just like, I'm just like, I'm just like, I'm just like, I'm just like, I'm just like, I'm just like, I'm just like, I'm just like, I'm just like, I'm just like, I'm just like, I'm just like, I'm just like, I'm just like, I'm just like, I'm just like, I'm just like, I'm just like, I'm just like, I'm just like, I'm just like, I'm just like, I'm just like, I'm just like, I'm just like, I'm just like, I'm just like, I'm just, I'm just fact that I'm wearing short, just everything, and the fact that I'm also wearing shorts and flip flops today, I just feel like. What are you doing? Because it's hot, and I just feel like a degenerate.

I feel like a guy with four roommates in college wearing my master's- The Coca-Cola shirt is not doing any favors either. You know how guys wear their basketball shorts on Sundays and you know that like, oh, he's just jerking off all day. I just, I feel like that. Even though I, I, I haven't and I'm not gonna, I just, I have,

I have the same for the audio listener who's, he's jerking off right now. I have, I have the same fatigue of a man wearing basketball shorts on a Sunday who woke up at 11 a.m. jerked off, smoked weed, jerked off again. Eight pizza, felt like shit, took a nap, woke up, jerked off smoked weed jerked off again eight pizza felt like shit took a nap woke up jerked off a third time and just felt like garbage I feel like that right now I feel like I'm out of the description three times today we're gonna get you an out of all prescription I don't want that shit that the at all is poison okay well what are we gonna do diet coke which is coming in the after hour yeah come on come on stay with me. I'm with you. I'm with you

Did you see this Jay Z stock No, that could be not the husband of popular singer Beyonce. Do you think that's how we you should credit Jay Z Popular singer Beyonce's husband. Yeah. Yeah, I think it'd be a little Beyonce Z Okay, so tell me about the JZ symbol is Jay Z and You remember that hkd Yeah, Chinese IPO that went absolutely gangbusters. Yep. Yeah, well people thought that the same thing would happen to Jay Z So they bid this fucker up. It is impossible not to see Jay-Z when you say Jay-Z. Oh, I know.

Okay, so keep going. Ha ha ha, I'm Jay-Z. I'm not black, I'm O.J. What? Is that a lyric? Yeah, you think I would just say that. Ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha I remember thinking about OJ Simpson, I'm like, this motherfucker named after juice. They named him after a breakfast drink. You know what his real name is?

Orinthal. Nice, you know, orinthal James. And then I thought, what the fuck is an orinthal? Go. Anyway, that Jay-Z was supposed to IPO at like 15 bucks or some shit like that and it was bid up to, it opened at 126 when his high is 155 they kept having to halt it due to volatility. Then over the course of the last week it dropped down to 14 it dropped down to $8 and now

it is down to like five bucks and change. So if you bought that thing thinking that you were going to get another HKD, this just goes to show, you know, if it happens once, it doesn't necessarily, it's not going to happen again. Wow, what sage advice? Oh, I know, man. It happens kind of thing. It doesn't mean it's going to happen again. Yeah. Should we talk about snap, be a little creep? Yeah, that's interesting. All right, Snap-Jap. The app that nobody knows who's using it is laying off 20% of their work for it. Yeah, that sucks.

Is Adam gonna lose his job? He doesn't work there. Oh, I thought he free lances. See, maybe if you kind of knew what he was up to, you might get, it's like, that was like literally like four jobs ago. Oh, well, I don't know, I never, I never seem. Tell me what I'm asking about he's doing. Oh, no, I'm not gonna do that.

That'd be too weird. Ha ha. Go on. Anyway, also, I was surprised at how few employees it had. How many is it they have? 2000. Well, now it has 64, it has 6400, but they're laying off a bunch damn that's it. Yeah, huh like you know how many like Facebook and Google have it's insane a hundred thousand Google probably does I think Facebook's probably like 60k

But also reading this it's just like what were you guys throwing some of this money in? It's a, and, okay, but I love this. So Evan Spiegel says they're gonna be restructuring our business to increase focus on our three strategic priorities, right? Community growth, that one makes sense. Revenue growth, you should probably focus on that. And augmented reality, Making a big push. Yeah. Him and I think that that's the move other than VR. Him and him and Zuckerberg. Zuckercorn. A race. Yeah. I hope they both, I hope it's race to the bottom.

Frankly, I think AR wins out. AR makes the most sense. You don't have to put anything on your head. You got no hardware. I also found it weird in this thing Evan put out. He blames... He blames the Russia. He blames Russia invading Ukraine. Seriously? Yeah. He says it hurt there. He said that's why there was a slowdown in marketing spend. Everyone across the board is blaming. Ressha, yeah. It's just this goddamn war.

Yeah, my wife won't, won't let me get any fucking milk in my coffee because of Ressha. Wait, but listen to all these things. You go on. I mean, they just got a fucking roll through, some of them. Yeah. Speakle said that snap would end its original shows. I didn't even know they had original shows

that appear in the Discover section of Snapchat along with its in-app games. They have games, apparently. HTML, miniature, applications. You gotta realize when I was using this thing, it was probably 2012. Yeah. And it was exclusively for sending people nude photos.

I mean, what were you doing on there? I didn't have it. You never had it? Yeah, and it was exclusively for sending people nude photos. Huh me? What are you doing on there? I didn't have it. You never had it. I did briefly The company's self-flying camera drone pixie what It's like going through a fucking government spending thing going well The low interest rates man? This is what the corporations do with it. So pixies being canned. Oh no. After debuting only in April, Speaker said that the company is also winding down

Zen Lee separate app. No! Not Zen Lee, what the fuck does it do? For seeing where your friends are on a map that was acquired in 2017 and acquired that. I guess it sounds like it's fine my friends basically. Yeah, it does sound like that. And then uh, voici. Oh, Christy. A tiktok-like music app that snapped, bought in 2020. Goddamn, man. If we only could, like, we could've sold these motherfuckers

anything. You really could've. I've got one for you, Evan. Comelly. Shit, comelly. It's like porn, but for coming and he's like, okay, we'll take that one. Shit, Ben, give me another one.

Crystley. It's for fucking doing prayers. It's like Mark Wahlberg's. Yeah, yeah, it's like, yeah, I'll take that one. It's a competitor to Mark, it's for fucking, uh, doing prayers. It's like, uh, Mark Walberg's, yeah, yeah, it's a competitor to Mark Walberg's, but it's in VR. Yeah. It's in VR, um, milkly where you get to, uh, that's more of a ban. He kind of checks in. No, it's milkly. You, you baited tested it. Sure, I bait doesn't it because the work had to be done, but I wouldn't be a user it lets you Let you choose the nipple size and Slurp down anyway

Let's see the bad damn dude that was the worst time in history is tech from 2010 to 2014. Everybody had a company that ended in L.Y. And it had the same lobster font. That was the font lobster. And it just fucking it's crazy. How did you watch Silicon Valley? Yeah. Usually when Did you watch Silicon Valley? Yeah. Usually when, I don't know, usually when people try to like parody that, but they did it so well. It was so perfect and captured the absurdity of it. Oh yeah.

That was just season one. Weirdos. The whole thing was just... Did you watch it to the very end? I liked the finale. Yeah. It was just really great. Yeah.

The absurdity of it all is just, oh yeah. Perhaps the real fast is to wrap it up on Snapchat. The most interesting thing to me is two executives have left, like high rankings. Oh, to go to Netflix. Exactly. Like high rankings. Exactly. To go to Netflix.

To run their ad program. They're ad tier. Their ad tier I read is going gonna be between six and like nine dollars It's gonna run so maybe I'll go back. Maybe I'll go back to Netflix Still don't have it. If you had a dad. Yeah, you could use this. That's what I do. Well, I have a mom Could you milk me great? I've got a mom Greg. Get your milk me. Well, I guess that about does it for this episode, right?

You got, we're going to have to start having sleepovers. I'm going to put you in bed by like 10.30. Yeah, okay. I'll be under the blanket with a flashlight reading my phone. Pointed at my phone. Next week, you got to tune in because it's a special one. Oh, yeah. A friend.

But you're going to want to send your, send your picks to Trill, mind, hotline at gmail.com. Let us see you watching episodes in your, through little fun glasses of champagne. We'll probably be popping champagne for episode 50. Download Snapchat. Help them out. Yeah, download, or why don't you download TMG Studios.tv

and help us out. Yeah, and subscribe, because you're gonna want to see episode three, the thrilling conclusion. To the Diet Coke. The Diet Coke trilogy. This will be the last one. Unless we do kind of a Douglas Adams thing and do a trilogy of five.

But this will probably be the last one. We're doing the Coca-Cola test. I'm gonna taste test all the and I'm gonna guess correctly all five And hopefully it'll give them a little bit of a kick in the paint. Oh, it will it will yeah, so kicking the shorts I should say so once you join us What is it? This week on After Hours. Teddy Milk to be clear. I could show you the scars on my belly from my dick surgery.

I've never had blue balls, it's kind of a real thing. I've never had blue balls, it's kind of a real thing. I've never had blue balls, it's kind of a real thing. I've never had blue balls, it's kind of a real thing. up on TMGStudios.tv to watch the full bonus episode.