Trillbilly Worker's Party - Episode 254: Dr. Yakub, CDC Director
Episode Date: June 24, 2022We discuss all the latest and greatest crises on this week's episode of Trillbillies Support us: www.patreon.com/trillbillyworkersparty...
Transcript
Discussion (0)
I'm gonna start
Boom
I was just looking at this thing from
Shout out Noah
Noah Colwin for pointing this out
But
The twos is at it again
Oh god
Oh god
The what is at it again?
Twos
You know twos bros
You ever heard of twos bros?
Nah
Nah
Really?
Adam twos
Nah what's that? Twos the coos h hound i feel like i should have said yes now
what is it i feel bad for not knowing who are they that's hilarious just just in in uh in some
circles he's known as the coos hound yeah the coos hound he's like an economist that wrote a book i think first he got started as a historian
of like the third reich of like the political economy of the third reich and then he wrote a
book called crashed i think about the 2008 did they get made into a movie i don't think not the
crash movie i'm thinking of like a documentary yes yes it did it got turned into a movie? I don't think... Not the Crash movie. I'm thinking of like a documentary.
Yes, yes, it did.
It got turned into a feature film star
and Chris Ludacris Bridges.
Dude, the director of that movie recently...
Dude, that dude is a piece of shit.
Paul Haggis?
What's he doing well he's like he's like sexually assaulted multiple people but he he's the the first time he came across my radar
was he like wrote a piece in the new yorker about him leaving scientology do you remember that it
was like 2014 we'll See the going clear guy?
I think he was featured in that documentary a lot.
That Scientology documentary.
But I've always gotten really weird vibes from him.
And I think it's because of that movie Crash.
It's like such a deranged, absurd movie that like anybody who could have made it, i'm just very sort of sussed out by if you uh i mean he did get out of scientology but for you to get into it you have to be
like some level of deranged man definitely hope we don't have any scientologist listeners that'll
be offended by that if you are i'm sorry yeah we can anger them. They're the ones that have the money. They spend the money on Patreon,
so we can't actually take all that back.
Sorry, Tom Cruise.
Sorry, Mr. Cruise.
It would be funny, a True Billy Scientology caucus.
Like, a lot of things fly for them,
but a few things don't.
Well, Scientologists, they believe in aliens, right?
They love the fast and loose series
what if the tribility scientologist fans were the like love the fast and loose series we tuned in
for fast and loose everything else is dog shit fast and loose is where it's at well man if they
believe in aliens then uh which i think they do then man i'm with it you know they do believe in aliens than uh which i think they do then man i'm with it you know they do believe in
aliens i'm pretty sure would it uh well i used to believe i used to believe but i've come around to
thinking that aliens are one million percent or not if you look at the if you look at the map
of ufo sightings that like 98% of them worldwide
are in the United States and the UK.
It's interesting to think about that.
Like what is it about our specific situations
that we're like seeing them more?
Or are the aliens more interested
in the United States and the UK?
Maybe they're just into like the Who and the Kinks.
I think, yeah, they're
interested in
two former global empires
in the death throes of their own
specific collapses.
You know what I'm saying?
Well, they saw
the American flag on the moon
and they were like, hey, man.
Chill out.
You know what? That's actually really depressing because i'm a hundred percent that a sure that aliens exist in the universe i mean i
can't be 100 sure but that'd be insane if they didn't but the ufo shit is a complete op like
entire op yo so i mean if they do exist they've never visited us. That Mirage Man documentary that Terrence put me on to,
where that fed just absolutely terrorized the UFO community,
kind of really brought it home for me.
It's like, why even do something like that?
It's just so mean-spirited.
Well, I just think that they're...
It's crazy when you think about like this thing about misinformation now
that like misinformation was always basically the cia's playbook from day one they were constantly
like manipulating perspective manipulating your ability to get a proper read on the current
situation on political economy uh liberals would be shocked to know that
many of the things they accept as dogmatic are actually misinformation right done by the cia
mostly right in its fight to defeat communism and after it did that they had nothing else to live for. So they just started...
Something that they did in the 90s,
like after the fall of the Soviet Union,
fucked them up,
and now they're just now starting to see the grotesque side effects,
and they're calling it Havana Syndrome, you know?
Yeah, right.
They had all these heart attack guns laying around after that,
and just had a field day of it one day.
Just like that scene in Zoolander where they're hitting each other with gasoline,
but they're hitting each other.
Whoa!
Do me, roll me next.
You know what, dude?
That's like, yeah, man.
After the fall of communism, they had just nothing to do.
So they just made up UFO shit.
Today we got like Havana syndrome shit, man.
Yeah.
The guy's got too much time and too much money, man.
Not enough enemies.
We should rename Havana syndrome for when your beard falls out.
And just on the CIA failed op for the one they tried to make Fidel when your beard falls out. Just on the CIA failed op
for when they tried to make
Fidel Castro's beard fall out when you have
alopecia of the face.
That's Havana Syndrome.
I've been having that shit for like
31 years. Not 31, but like 15 years.
Me too. I'm afflicted.
I can't grow shit.
Shit, man.
It's embarrassing.
Wait, hold on.
I strayed very far from my original entry point,
which was the coos hound.
He's back at it.
He's defining crisis.
Okay, I don't mean to talk shit.
I kind of like Adam Tooze,
but this is an amazing example of what no marxism
will do for a motherfucker uh it's a entry in his blog uh defining poly crisis from crisis
pictures to the crisis matrix back in january 21st this year i proposed chrysan builder a chrysan pictures
okay i'm just gonna go ahead and tell you we don't we don't need any more germanic
uh i don't even like using the word schadenfreude for the same
reasons you know i we just don't need to we need to take as little as possible from the germans
yeah at this point in history
I would say that we're taking a little bit too much
Yeah, yeah
I'm sure once they were proud people
But you kind of squander some of your goodwill
There in the 40s and 30s
And so forth
Kreisenbilder
So what is this deal?
What's this poly-crisis?
They're crisis pictures As a way of making sense
of what then looked like a complicated pattern of stresses around the world scene so do you mean
historical and dialectical materialism dog is twos on this adam curtis shit or what where is this
going look look look look i'll show you it's hard to explain to the audience but what it is is it's basically like that scene in always sunny it's like a meme you know where
he like charlie's standing in front of the wall and he's got all the connections drawn out that's
what it is yeah but it's like for all the things in the world so omicron is the very first thing he's got in the top left corner then it's a and then it's an arrow to china and then it's like for all the things in the world so omicron is the very first thing he's
got in the top left corner then it's a and then it's an arrow to china and then it's like three
arrows u.s inflation european inflation it's just like it's got things like looping back so it's
like a map of crisis a map you know what you know what would have been sick as if twos would have
been like listen if you draw a straight line between all these crises, it forms a perfect pentagram,
motherfucker.
And then he just got on his
conspiracy shit. Dark twos!
Yeah, dark twos. Occultist twos.
Yeah.
Adam twos needs to go
critical paranoia. Yeah, we need
occultist twos.
Yeah.
Yeah.
Oh, man.
I proposed this schematic
because it seemed a useful way of mapping
interconnected forces in a heuristic way.
As it turned out, it succeeded in
capturing quite a lot of the dynamics that have
subsequently convulsed the world.
That was January 21st.
The war unleashed by Russia on February
24th has added spectacularly to the scale of tension and the complexity of the interconnections.
What was once a relatively legible map has become a tangled mess.
So wait, I want to know something, man.
All right.
I don't want to make fun of this guy either because I don't know him.
Seems like it does good work. work but like like i feel like the entire ethos of this show or maybe any kind of left newsy podcast
is exactly like this thesis that he's making but he just makes it sound really complicated you know
but i don't know i mean like i'm not hating on it i guess it just it sounds like really convoluted
to just be like yeah all these things are interconnected and like you don't have to draw
a fucking chart you know like what is this like
for kindergartners you know i'm saying like i don't know man let me let me trace let me trace
one path here i'll trace one path here all right so we're starting with omicron it's kind of like
a game of monopoly but on the way back around you pass through all kinds of hell just start
it is this dark twos man let's see you start with you pay the luxury tax you go
to jail you start with omicron you go immediately to china in both of these the first arrow is
china like that's the first destination is he just why is he not going back even further to like
i don't know like is he just going back like
to a couple years ago he could go back to like the dawn of man i know i mean that's the thing
okay i do respect his i feel like twos first came across my radar right after the pandemic first
started i never really knew anything about him before that but he like wrote this series of
articles right after the pandemic started.
And at the time, I was trying to understand the economy and shit,
so I was reading him a lot.
Your first mistake, trying to understand how this shit works.
My first mistake.
You're a twos hound.
You're a crypto twos hound.
I was an early, I was a crypto coos hand, man.
You've been leeching his ideas into the mainstream.
You're responsible for the cut article.
I didn't understand what shit like quantitative easing and stuff meant.
So I was like, I've got to read.
I've got to go back to the basics.
The basics being the coos.
Yeah. Coos. Damn, being the coos. Yeah.
Coos.
Damn, man.
Cusimano.
Cusimano.
Cusa Plaza.
But I do respect his periodization.
He correctly starts...
If you want to come up with a theory of crisis
or an explanation for what's going on
probably the best place to start is covid i think yeah yeah for sure yeah yeah uh reasonable yeah
right it seems let me ask you this do you feel like covid the era of covid started a new epa
kind of in kind of the same way 9-11 yeah do you think we're kind of in a new epoch? 1,000%.
And the way that you can tell is,
I feel like,
I think the way that you can tell is these Supreme Court decisions.
It's just like,
because we were talking about that before.
Like,
why didn't they repeal Roe earlier?
They,
you know,
they could have done it in the 2000s.
Like,
what about this specific moment
made them feel like so emboldened to like repeal right road today right right yeah i feel like it's
i feel like there's a few things probably going on but i think that for the longest time neoliberalism
uh presented this complication which was what do we do with the individual?
After we've stripped away all the institutions,
what do we do with the individual?
And COVID allowed them to resolve that
because it raised all these questions
of, I think, bodily autonomy.
I mean, just, okay,
at the sort of philosophical cultural level,
but then also
at the political social reproduction too right right exactly social reproduction staying at home
like the role of the family like you know what i mean like all of these different things all these
also mores that reinforce all of these like you know as you said staying at home with the family
and you know patriarchy and like which is i don't even mean it to say what is a job what is work like is
you know what i mean like exactly man we we are at i was thinking about it before we got on
and like you know well because yesterday too there was that supreme court ruling um today's
roe v wade repeal the net overturning it yesterday was um uh a concealed care making it easier to
conceal carry right and like it just seems like like you
said terrence neoliberalism like what do we do with the and the miranda rights thing and the
miranda rights thing right so it's like weird has it ever felt worse to live in this piece of shit
dude that's exactly exactly like psychically and emotionally not even just physically but
yes psychically especially dude we're just just physically, but psychically especially.
Dude, we're just at this, I mean, I don't mean to say historic moment.
It always feels like that.
But literally where you could go one of two ways.
And the elites, the ruling class, they're just doubling down, man.
You know?
They're just doubling down.
Was there another thing?
Am I forgetting another thing?
There was like the Miranda rights.
The open carry thing is one of those cases that I'm like,
I lived in Texas, grew up in New Mexico, live in Kentucky.
I'm just used to, at this point, seeing people just walk around strapped to the- In a Walmart with a gun.
Yes, yes.
I was pimping last weekend, saw a motherfucker pull up on a side-by-side,
and he just had a Glock 9 right on his hip.
I'm like, bro, what are you afraid of out here exactly?
Dog, I used to work at a Golden Crust right by my house.
And one time, everybody, all the workers were making a commotion because somebody had left a gun in one of the booths.
Like, I guess it just slipped off of their holster.
They left their keys.
booths like i guess it just slipped off of there like they lit it slipped off of their holster dude and they picked it up my co-workers picked it up with a plastic bag and just carried it like
to the to the manager's office and we're just like dog what do we do about this shit the guy
just left and he just left his fucking gun like yeah like you were saying in the south taking
that shit home where yo dog i was thinking about i was like man i haven't been feeling too good no i'm kidding i'm kidding i'm kidding i mean guns is one of those things that it's just like an issue that my specific trajectory
through american society is just like they're the our our like our insane trumper small businessman
arcade owner downtown whitesburg he looks exactly like chuck norris
and he's constantly packing heat and he's always giving he's always giving me the fucking stink
eye dude i'm like this dude is about to waste me just he's looking for a reason how far away are
you are we do you think in like a place like easter kentucky of it just going back to like
like uh you know the fucking okay corral type shit oh dude like i mean with the like we're
a motherfucker just like you just draw down at high noon on main street and then whoever loses
just gets kind of drug off to the side and then everybody carries on like nothing happened
tom and i yeah go ahead go ahead here no i mean i think i said this on the show before but
a couple weeks ago there was a shootout i sent it on patreon it was a shootout in a parking lot
when this guy got held up at gunpoint for his rifle went back to his car grabbed another gun
and they started having a shootout in the parking lot of target is their shit
it's all right time out i gotta go run here get something stronger than this
i don't know it seems like a bad idea to like also the cigarette shit like you take it away
all these vices and shit no you take away all these vices quote vices and shit like that and
try to paternalize be very paternal about this
shit but then you just give motherfuckers guns instead like that's just a recipe for like mad
max like apocalyptic disaster dog it's well it's also just like i i don't know what it says about
wherever you land on guns is wherever you land on guns right but like it is very just indicative of
the mean-spirited and psychopathic nature of this country
that we have something like that Uvalde shooting,
and then they decide now's the time
we need to run that through the court.
You know what I mean?
That's the kind of stuff that makes you feel like they are...
It's the kind of stuff that makes you think
that they almost are operating from a specific blueprint.
Let's make society this specific set of horrors for the modern individual i really do i think america is satanic i think
america christianity is satanic really i and and i do think that no dude truly like the ontologically
evil thing like i think it's totally legit for the united states i mean check this yo i looked
this shit up today too the senate passed this uh gun reform bill quote reform bill that i think they expand back background checks
to people under 21 um there's like um financial incentives for um states to implement like red
flag laws and shit like that yeah yeah so this passed this passed the senate today and then like
like uh yesterday they passed the concealed carry shit
you know what i'm saying they made it so it nullifies all of those those little meager
reforms you know it produces this very disorienting effect where you see them doing the theater
it's so bizarre it's almost like it's intentionally made to take your eyes off of the
off of what's actually happening so
it's like at the front of this stage they are doing these symbolic gestures like the january 6th
hearings and this gun legislation but behind the scenes you just hear these you hear people
getting stabbed behind the curtains you're're like, what the fuck?
Wait, wait, wait.
What's going on back there, man?
Wait, wait.
Maybe one of these guys tried to do a monologue.
Yeah, yeah.
Like, I think something's going on back there.
Bro, you got to pull back the curtain a little bit.
Shouldn't we call this all off and get the full picture here?
Behind the curtain?
It produces a very disorienting and strange
effect i mean the weird thing about that gun legislation is like one of the weird things is
that mcconnell voted in favor of it but but i read the new york times article and it didn't sound
like it was much of anything at all they were like this is monumental gun reform. And so I was trying to just tease out ease.
Well, that's the thing.
If there's one thing you can set your watch by about America,
it's that there is never going to be any meaningful legislation ever again.
We're past that.
Because we're several decades into, like,
politics is not the way that the world is ordered now here
and that's what you got to understand so there's not going to be another new deal there's not going
to be i mean you could have you could have fucking half of congress bernie sanders representing half
of congress and it wouldn't matter because that's just it's not the way the world's not built yo
like one thing too and i mean like i don't mean to keep harping on this but this kind of blew my
mind like the tobacco thing because it was like dog i don't even trust like the government to do something
that's supposed to be good right they're always just going to half-ass it like what they want to
do is cut nicotine in half right but if you cut nicotine in half then that means that the tobacco
industry is going to find out or like you know concoct some fucking new you know what i'm saying
like the ingredient to like get people equally as hooked
as if they didn't cut the nicotine out at all.
Why don't you just nationalize the tobacco industry?
But like you said, Tom, we can't even imagine that,
much less a tentative contract between labor and capital to regulate shit.
It's exactly like you pointed out on Twitter, Aaron.
It's class war.
What it does is it illegalizes,
it criminalizes another item just in the same way that the drug war does.
It criminalizes survival strategies
under a deteriorating political economic system.
That is a good point.
And just coping like smoking a fucking cigarette.
As you pointed out
eric garner was killed for fucking selling cigarettes i mean like this is another site
where the state is trying to further criminalize your activity and take and i know it sounds
fucking ridiculous because like i saw you arguing with someone over that that was like uh or or
or maybe someone was like subtweeting you or something like that but people
were like it's absurd that uh it's even a leftist position that you would want to keep cigarettes
they're a public nuisance and a social harm and it's like yeah they are like a lot of fucking
things in society nobody nobody even no smokers under the illusion that it's good for them i hate
myself every time i smoke a cigarette i hate myself and
i fucking hate it and it tastes disgusting i'm addicted to them you know what i'm saying like
what the fuck dude somebody had a good tweet it was like uh you know we got uh you know basically
a nanny state that just wants to legislate dangerous personal choices but in terms of
like health care and all these things it's like a fucking fucking, you know, a fucking homicidal free for all.
Exactly. Exactly. Yo, what's insane, too? This is not my original point.
Somebody brought up on Twitter, but I think the the the the concealed carry thing was that the states don't have a right to like legislate this.
Right. But the abortion thing is like, but the states do have a right to do it.
So, like you said, Tom, like the scope of control right it's always like yeah man like we're gonna uh illegally like ban you know
all this other shit that helps people get through daily life but the big important stuff like the
truly important stuff like health care abortion rights man like these motherfuckers are nowhere
to be found you know all they're gonna do is send us a bunch of emails this weekend probably man
and tweet about how we need to vote in November, man.
It's fucking disgusting.
Yeah.
I mean, I don't want to, like, sound the alarm about monkeypox or no shit like that, but we have a vaccine for this shit.
And, like, you can't get it anywhere except for, like, two cities in America.
You know what I mean?
I like how they're, like, I felt like monkeypox fell off for a second, and then it came back.
Yeah.
And I was like, stop trying to make monkeypox happen, bro.
It's not happening, dog.
You can't make monkeypox cool, man.
It don't even sound cool.
Monkeypox, at least COVID sounds COVID, you know?
It sounds like a movie pandemic, you know?
It's weird.
Yeah, it sounds like somebody in The Sith, you know what I mean?
Yeah.
pandemic you know it's weird sounds like somebody in the sith you know what i mean it seems to me that like there are several things going on here that like you've got capitalism
you've got you know a political democracy and you've got the individual and like a lot of
these forces that were put into motion in like the 20th century that created the modern individual also created to be able to keep the system running and to
keep people under control was criminalize the very facets of the modern individual that they
created in the 20th century like addiction you know like widespread addiction and like mental
health and all this other stuff that is a good that is a good point it's like you introduced
all these sort of pernicious things in society
that right like addiction done so much damage and everything else and now and now you want to
legislate those things exactly i think it's an individual way though legislate not even regulatory
right to the tobacco industry but people's own personal behavior they want to pass the buck to
the individual yeah and criminalize their own choices yeah well yeah it just further demonstrates
what we've been saying
just because we were able to witness here.
Our fucking office is right next to the jail.
You know what I mean?
Like, I just see this every day.
Like, this is the future.
I mean, I'm telling you.
I'm not, like, making a prediction or a prophecy.
That is the future.
The future is more jails.
Which way, Western man?
Yeah, no, that's it.
Prisons or podcasting?
Or Presbyterian that's the that's the in between it's us presbyterian church and the jail
prison presbyterianism or podcasting your choice yes that's a good title goddamn
but yo like i mean even think about like yo that's something
you say terrence all the time like you just said just now you reiterated like this is the future
like think about like a town like uvalde right why the fuck is that police budget so high why
the fuck are there so many cops to police a small town like that yeah you know it's just fucking
insane dude and like and like you see
the way in which they've been trained to uphold this system that the most the vast majority of
us have either been instructed or instructed to ignore brainwashed to ignore or whatever
you see the way in which they've been trained to uphold that system kicks into gear when actual
like human uh you know when human crisis comes to the front.
They don't know how to respond to it.
They don't know how to actually help people.
That's the thing.
I don't know.
It's just like you saw these news.
Well, it's not their function, though.
It's not their function.
Their function is the state has a monopoly on violence,
and they are the foot soldiers of that violence to get to
execute that violence however they want to in order to keep a certain social order it was cops
were never intended to protect us and to solve crimes or any of that stuff that's just an excuse
to keep them perpetually on a payroll exactly if they could if they could they would just call
these motherfuckers up when like
they need them you know what i mean but like no what they do in the meantime is they like you know
they fee grab they stick and they shorten our pockets up and we pay them to harass us yeah
exactly which which stacy abrams uh perspective um um governor of uh georgia she just had a tweet
yesterday talking about giving law enforcement.
Man, to be honest with you, the ratio was impressive.
I've never seen that happen that quickly, which made me feel like Twitter's not real life.
But I was kind of like, dog, OK.
Someone pointed out.
I wish I could find the Twitter handle real quick.
I follow him, but I forgot the Twitter.
Someone pointed out that it's the only time she's ever mentioned living wage
with regards to the police yeah yes yes exactly yo you know what i was just thinking too man um
and again it's probably not a novel idea but like everything that we're talking about like you know
using the state the state having a monopoly on violence using the police all of this shit right
but and i mentioned last time this idea of like continuity right it's like yes capitalism is like completely like necrotic i mean
it's just obsessed with death right but they also need to keep motherfuckers alive you know so it's
like on the one hand it's like the right is doing their whole abortion great replacement like their
whole project with continuity and then the liberals are legislating
harmful vices and in in this language of like health care and keeping people you know what
i'm saying what it's like yeah yo do you just want people like maybe during a pandemic that
for a minute they were like hold up not only are bodies dropping quick but people are realizing
this and fighting back and resisting this is part of the labor movement right
so now we gotta legislate bodies in a way that only keeps them alive so they can fucking work
and we can extract from them you know right squeeze them like a stone you know what i mean
i think that there was a kind of new there was a kind of reassessment of the individual and of
bodily autonomy that's why i think like twos isn't completely off to start with covid and i think he's actually completely correct to start with covid like
you that is the entry point to the crisis there were things that led up to that like obviously
9-11 like that 9-11 is the first world event that has ever happened the first world in my opinion
it's the first world event to explain explain every insane thing happening to America right now,
I think you literally have to start chapter one.
9-11, 7.53 a.m.
If you work for McGraw-Hill, like the textbook company,
and you were like, okay, Terrence, what's your chronology here?
And you say, I think we have to start with September 11, 2001.
That's what I say.
That's where history starts.
That's where history starts.
The rest of that stuff is...
Everything else is buildup.
That's all buildup.
That's prologue.
Exactly.
Foreplay.
Foreplay.
That was foreplay.
Exactly.
That was foreplay.
And also, that's kind of the Russia-Ukraine thing.
That's what I find so disconcerting about it, is that I can't escape it.
You know what I mean?
Mm-hmm.
Mm-hmm.
Yeah.
But if we were just concerned with international conflict, why don't I know anything about
anything else?
You know what I mean?
Right.
Right.
Yeah.
Right.
Right.
It's like the scope...
Go ahead, Terrence.
Go ahead.
No, no.
You go ahead.
No, I was just going to say, adding on what Tom said, it's like the scope of knowledge, right?
And not just power, but knowledge that you have is constantly being restricted and restricted
and restricted.
So you're only looking through the telescope of what they want you to look at, you know
what I mean?
Right.
Oh, man.
That's insane, though.
All right.
I want to take a path.
Let's take a path down fucking one of Two's avenues here.
Dark Two's? We're taking a twos cruise we're taking a
twos cruise through uh the world through his eyes i again i hate to i'm not completely talking shit
and honestly i'm not even really smart enough to to talk argue to talk shit or to even argue an alternative joke. Yeah, I can't eat the crumbs off Tuz's table,
but his name is just so conducive to a good Coos joke.
You have to.
You got to.
You got to.
Okay, let's start with Omicron.
We're going to go to China.
From China, let's go to, let's see, pressure on Russia.
I'm not sure what that necessarily means.
It's a two-way arrow.
From pressure on Russia, we go to risk of nuclear escalation.
And that's the end of that road.
Okay, all right.
This is a fun game.
Let's start back at the top.
We'll start at Omicron.
We'll go to china
now we're going to russian gas boycott okay so did china uh boycott buying russian gas or is it
that china is buying gas from russia i think china's buying i know china and russia are always
like tight so like i think that i can't imagine china boycotting russia you know what i'm saying
like you got against the united states i cannot imagine china joining the anti-russia chorus
yeah they would never okay so we've got okay omicron china russian gas boycott from there
we've got italian gov under intense pressure damn how did we get to Italy? We get to Italy, yeah, baby. You get the Poison's in there.
And that road leads to a Eurozone sovereignty debt crisis risk.
Okay, why is it?
There's two risks, nuclear annihilation and Eurozone sovereign debt crisis risk,
which is like, I feel like one of those things that's been building up for 20 fucking years like i read that yannis yarafakis isn't that his name like book yeah yeah yeah
greek yeah yeah like yeah yeah and that that was like he was like in there in the early 2010s like
this was going on even back then like i feel like this is just this thing that's been like building
up in europe for 15 fucking years. These recurring
rounds of debt restructuring
and austerity.
Yes, yes, yes.
He's right about that.
There was a time
there, it was like Greece, this
ancient and proud civilization
didn't have two nickels to rub
together. Right.
Germany was calling they were like calling
in their debts i think it's what it was right how the mighty have fallen man yeah and ahela
merkel just over there being like hey you got that 10 you owe me you got that 10
yo you know you just made me think about like i'm not saying that actually you could probably say that the united states today is comparable to like
ancient rome in its height you know so like now where you have italy that can't rub two nickels
together and has to like go into like you know angle of merkel's purse and pick out some change
what is the united states gonna look like like two thousand years from now because i know we're asking why the germans are so flush
dude what it'll be we don't talk about that though it'll probably be states doing that to
each other you know what i'm saying it'll probably be like the the government of california
eventually they already do that they already do that right oh yeah we take care of kentucky
west virginia as if there was never a history of
complete extraction and gutting of all of our resources before you became what you became.
You're right.
So you could build your cities and shit like that, man.
Okay.
Let's take another route.
Let me start with Omicron, China.
Again, you can only at the beginning start with Omicron and China.
Where the U.Ss comes into play like i
think maybe what about the protest over the summer a couple years ago if you zoomed out well i think
he's probably i wonder if he he doesn't have that on here so i guess he's talking about like at the
global level but that was a little sus but okay it is sus it was kind of it was super glow i mean
i don't know man maybe not maybe i mean i live in america so maybe i'm being like america-centric
but that felt like a pretty big deal around the world.
All right, so here's another direction you could take.
Omicron, China.
Oh, wait, I was going to say you could possibly zoom out a little bit
and maybe the bubble behind Omicron would be like
United States creating Omicron in LA.
Perhaps that could be one.
It would just be one single dot.
That would be so tight. You know what would be so tight
is if we had like a White House press conference
and Biden was like,
there's been a lot of speculation about this
for years, particularly in the
NOI communities
and so forth, but
it's time I'm going to bring out Dr. Yaakov.
Dr. Yaakov is yeah but it's time I'm going to bring out Dr. Yacob. Dr. Yacob is
yeah, it's like
fucking Fauci's down
with COVID, so Dr. Yacob
goes step in and be the
head of
CDC.
Dude.
Dude.
Oh, shit.
New CDC director, Dr. Yac director, Dr. Yockum.
Dr. Yockum.
Yo.
We got a new line of white people coming out this summer.
You new white man about to drop?
You new white man about to drop.
Oh, shit.
All right, let's take another route.'s take another let's take another two's crew wait
terrence are there any that don't like the second point is it china because it sounds like everyone
you've read so far it's abacus china it's always the second point with him it starts with china
okay i don't really know why i guess that's perhaps because that's where Omicron started.
But at the same time, just because it started in China
doesn't mean that other forces weren't behind it.
These days, I don't know how I feel about COVID.
Well, he's just talking Omicron.
He's not even fucking talking covid i
guess omicron is the 2021 strain all right twos you're going in a little too microscopic here i
don't need like the specific strains we don't need the granular baby we need the broad strokes
this is podcast that's right he's like a weed dealer trying to tell you like this is a sativa
and no motherfucker i just want to get high.
Give me the cheapest shit you got.
Yeah.
Well,
I got $20.
How high can I get for that?
Oh,
I had you a bag of shake.
Yeah.
Um,
let's,
we got Omicron China next oil prices from oil prices.
That's a flash point for twos you can go in all
kinds of different uh directions with that one you could take it one direction oil prices lead
to the climate crisis net zero climate policy that to him that's the broad strokes yeah yeah
big broad strokes you could take it to the next risk, which is Biden administration and quote unquote GOP risk.
So I think maybe in Two's schematic, like the GOP is a modern like fascist theocratic movement and the Dems just exist to provide a theatrical spectacle for the stripping away of all of our rights.
Yeah.
But to keep people engaged in the electoral process.
Exactly.
I'm sure that his analysis of the Dems is exactly like mine.
Yeah, yeah.
You could take oil prices to U.S. inflation,
which goes to Fed, which goes to stagflation risk.
Damn, dog.
Okay, listen. We've hit stagflation risk. Damn, dog. Okay, listen.
We've hit stagflation risk.
If we're playing Pick Your Own Adventure, get me from, let's see.
You remember when we were going to do that game where you start on one Wikipedia page
and you have to get to another one?
Right, right, right.
In like six moves or less.
Right, yeah.
Let's Kevin Bacon game the twos here and get me from Russian oil crisis to monkey pox.
Does he have that?
Russian oil crisis?
To monkey pox.
2022.
Okay.
Because you would think that I could go to like a Wikipedia page,
but instead I've got Bloomberg,
the second wave of the Russian oil shock.
All right.
So, but what even is monkey pox?
Where did it originate?
For more on this, we're going to go to CDC director, Dr. Yaka.
Good evening.
Good afternoon.
Good evening.
Good afternoon. Good evening.
See my first model,
first version sitting up in the front row?
About to drop a new white man?
I don't even know what stagflation is.
In economic stagflation or recession inflation
is a situation in which the inflation rate is high, the economic made me think, man.
Like, yo, I call myself a Marxist,
and Marx knew about the machinations of this whole system and sometimes
i'm like yo i have no idea what stagflation means i don't know how any of this shit works
and i don't feel bad about it well well there's something actually i wanted to read today that
actually might help us understand that a little bit better uh because i know very little about it, all right?
But I still have some,
I might still have some shit in the tank from when I tried.
All right, baby, let's see what he's got.
Let's see what I got.
You're gonna rig up that stone.
First, I guess I need to close the twos tab.
Twos says, I don't claim any originality for the exercise,
pulling all these well-known influences together.
Anyways, I don't know. I don't think twos has for the exercise, pulling all these well-known influences together. Anyways, I don't know.
I don't think Two's has a really Marxist theory of crisis,
but between you and us two,
because I know no one else is listening,
I have no fucking clue what Marxist theory of crisis is.
Goddamn, bro.
Rest assured somebody's going to tell you soon.
Yeah.
These guys are fake as hell.
They don't know what they're talking about.
Like, you're right.
I don't.
No, I had no clue.
That's why we're going to read an article in the New York Times called
Fed Confronts a Quote-Unquote New World of Inflation.
Central banks had a longstanding playbook of how inflation worked.
In the post-pandemic era, all bets are off.
I think this
is an interesting article because it's trying to as far as i understand it economists are
for this segment we're gonna have to adopt the the famous disposition taken by former president
george bush george w bush who did 9-11 see it's all it's a circle
as he famously said
I'm an optimist
not an economist
or
I'm not an economist I'm an optimist
same could be said
for the three of us
we are all optimists here
we all must put on our optimist hat.
Put on our optimist hat, and we're going to look under the trunk here.
I think economists are kind of puzzled as to what is actually causing inflation.
But I can't tell if that's a ruse, if they're pretending to be puzzled
because they don't want to admit,
like J-PAL doesn't want to admit
that they might have to cause a recession
to bring prices down.
But at the same time,
I don't know if that's genuine or not.
This article will get into his quotes and shit.
But first, I just want to say,
as even a sort of prologue to that
there are some other people who think that what is required to bring inflation down is yes a like
genocidal vulgar shock 2.0 or something that would like you know cause mass unemployment
and uh and that will bring and also i guess interest rates too going
up and shit too right i'll go ahead and tell you you can you can buckle up for that but since rose
been struck down now they have their thing to run on so they can go ahead and engineer the recession
and all that stuff that's fine yeah you know it's it's weird though because i feel like they're kind
of caught because i would imagine that the the Biden administration is trying to tell the central like the Fed to be like, we've got midterms coming up.
We have to do something.
Right, right, right, right.
Like, I don't think they want to completely admit that they're going to do that yet.
But I think their actions show that they are doing that because they are there.
Yeah, there are rising interest rates they've
been they've been raising rates for the past couple but wasn't wasn't the head of the fed
asked by warren the other day if uh if if if this was going to actually help like lower the price
like rising interest rates if that was going to help lower the price of like gas and food
and he straight up said no not quite yeah yeah it was basically
it's almost exactly what he said um former treasurer secretary lauren summers said the
jobless rate would need to rise above five percent for a sustained period in order to
curb inflation that's running at the hottest pace in four decades we need five years of
unemployment above five percent to contain inflation. In other words, we need two years of 7.5% unemployment
or five years of 6% unemployment or one year of 10% unemployment.
You know what we need for Lawrence Summers?
We need to put him at the top of one of those really high buildings
in the Middle East that are sacred sites,
and we need to let an ancient bird
peck at his liver every day.
Until
there's no more like, what was that
in Greek mythology?
Peck it as like a small intestine, a crow
or some shit. That's what we need
for Larry Summers.
He needs a mythological punishment.
Also, dude, I don't think
we've really explored the Mariana Trench.
That might be something
that we could say to the delegate.
No, no, no, bro.
I gotta push back.
He's...
The Mariana Trench ain't gonna do it.
We need to cast this motherfucker in the river Styx.
Just... No other way skeleton hands reaching up and pulling him under yes does it water yeah yes hell yeah hell yes oh my god now if you're listening to this and have
no idea what the fuck any of that really means the point is that these people view you basically as
just another cog like they this is how capitalist democracy manages an economy i mean you're a
number on a ledger is what you are and they just move you from you know things happen the column
yes things happen within an economy like inflation a bunch of economists sit down and based on their
own ideological sort of premises they
come up with a conclusion for why inflation exists then they fight that out in the political arena
and xyz happens uh yeah i mean basically the point being is that like capitalism does exist
on a set of laws that aren't you know readily apparent or available that because they're not natural
right exactly um and but at the same time uh there are ways to because it creates crises in
political economy the political systems have to do something about it so they
or have the spectacle of doing or do something about it and then have a spectacle of as if they're addressing it with regard to your welfare.
Exactly.
That's exactly right.
This is already predetermined.
They were already going to do this.
The minute they found out this was going to happen, that's just the way the shit works.
Right.
So, yeah.
So, basically, people have different ideas on how this goes.
Anyways, you know, and like I said, we've...
All right, wait, wait, hold on.
Let me find this article.
Okay.
Yeah, New York Times.
Fed confronts a new world of inflation.
Federal Reserve officials are questioning
whether their longstanding assumptions about inflation still apply
as price gains remain stubbornly and surprisingly rapid,
a bout of economic soul-searching
that could have big implications for the American economy.
For years, Fed policymakers had a playbook
for handling inflation surprises.
They mostly ignored disruptions to the supply of goods and services
when setting monetary policy,
assuming they would work themselves out.
The Fed guides the economy by adjusting interest rates.
Maybe that's causative.
What we did before was just how we just rolled them on out.
Right.
We let the fever pass.
We just let the fever pass.
Yeah, we just let it pass.
The confusions to the body.
Yeah.
Worst thing you could do is bow to a fever.
worst thing you could do is bow to a fever i mean basically i hope after reading this article you come away with
an indication of just how deranged capitalism is and how completely irrational completely
nonsensical that it is um the fed guides the economy by adjusting interest rates which
influence demand so keeping consumption and business activity chugging along at an even keel was the primary focus.
But after the global economy has been rocked for two years by nonstop supply crises,
from shipping snarls to the war in Ukraine, central bankers have stopped waiting for normality to return.
They have been raising interest rates aggressively to slow down consumer and business spending and cool the economy.
And they are reassessing.
It's also, it's weird.
It's like there's no mention of that, you know, there's no mention in that of, I don't know, like rising labor militancy.
The fact that you've got people like Starbucks and shit, like unionizing.
Amazon, yeah.
Like they used to talk about that, you know, when they talked about the business, like talked about business, like, you know, 70 years ago in the business press.
But it's weird to like not factor that into their decisions.
Like surely they fucking care about that because they they run around in the same circles as the fucking capitalists.
And so, of course, they care. They know about it about it but if they acknowledge it that means that it's real you know well and it and it means that wages are going to go up and that's going to
in their schematic that means that prices are also going to go up and that inflation you're
just going to be caught in the spiral to them they're helpless to do anything but destroy the worker that's the way
they say it they church it up in all this fancy language but what they're telling you is like
we're like i'm helpless i have to fuck you over you don't understand yeah also too it's almost
it's almost like you're really behind that it means like oh y'all got too uppity so now we have
to lay down the law you know let me ask you a question i was talking to uh my cousin
who's in logistics and he was talking about the degree to which like a lot of these shortages
are manufactured so they can like like make prices go up and stuff like that right like like how does
that fit into all this you know what i mean like how does a motherfucker pull up at taco bell and see the mexican pizza as popularity has been underestimated by this chain this location
and it's out how does how does stuff like that i'm being facetious but how
does stuff like that connect to that overall labor militancy and everything you think
i don't know i see i've stopped i see I stumped the panel. You stumped the two.
I'll go ask twos.
That shit went right over. A man that knows some things.
Say the first part of the question again.
No, I'm just curious how, and I don't know either.
I'm just thinking out loud.
But I'm curious.
Like, you see these things, and it's like uh you know you go to arby's
for lunch or something i truly i can't be the only one to listen to ship frequent to arby's
right yeah and it's like this and this and this are not available right now and it's like they
kind of chalk it up as to the ongoing supply chain crisis right never but i'm told by those
in the know that much of that is manufactured itself.
Interesting.
Like the shortages and stuff like that.
I'm just wondering how those dots connect.
You know what I mean?
And I'm not saying there's not shortages because of like, you know what I mean?
No, no, no, no, no.
A lot of motherfuckers died that were in places like the global south where they make things and send them to this piece of shit.
You know what I mean?
Listen to this article I just saw on Reuters.
Shout out Sean KB for putting this out old is gold sky-high cost of aging ships
sounds it sounds inflation sos okay the fucking title sucks ass the basic the takeaway from it
though shipping companies are transforming rust buckets into gold mines in a modern day alchemy
that could fuel already rampant inflation for years to come. The disruption of world trade caused by blah, blah, blah.
Cashing in on the boom, shipping firms are locking in long-term leases
lasting three to four years, which means consumers could carry on
paying the price for the surging costs
until hundreds of new ships on order come into service.
Like, they are basically insuring high prices,
both throughout a crisis that is manufactured,
but throughout the short-term future as well
like they're seeing sky high i mean you saw this fucking biden even admitted to this the other day
he said something about like oil companies profiting off of this like getting sky high
fucking profits and they just flip shit you know what i mean that of course they're going to like
get the implication that they are fucking profiting off of this yeah yeah oh man dude i don't know man
like that's what i was talking to my mom the other day and i mean even i think even like
like the lay person which i mean i mom i don't i don't know anything about this my mom doesn't
know anything about the shit most people fucking don't write about the things that we're talking
about here but like even she kind of thought about it was like hey i feel like all this is
manufactured you know and i was like yo you might be on to something moms you might be um let's see after the global
economy has been rocked for two years by non-stop supply crises all right it's from shipping start
we read that um they are assessing how inflation might evolve in a world where it seems that the
problems may just keep coming all right that's that's another interesting thing i wanted to point out about this article the premise is that the world is
increasingly chaotic and complex and the good news is there's no end in sight exactly nothing we can
do about it either i think you're right tom like what the fuck is causing the supply line crisis? I mean, okay, were things so fucked up and disrupted in 2020
that they just couldn't untangle all?
Was it like a mass of microphone cords like in our studio
that I have to spend like eight hours fucking untangling and stuff?
Like, does it really work like that?
Like, I thought in capitalism everything was streamlined.
And if not, yes, I thought in capitalism everything was streamlined and if not yes i thought in capitalism
everything was supposed to be streamlined and guided by the invisible hand and all this if it
can get that fucked up isn't that kind of a testament to maybe we should start looking at
dog there's no way like i'm thinking about it and maybe it's a facile understanding but you know
they made so much fucking money during the initial first two
years of the pandemic they're still making so much fucking money obscene obscene amounts of money
but we have supply uh supply we have supply shortages we have like i'm calling bullshit
what the work condition you know what i'm saying like lowering wages and shit like that and just
like it's totally incongruous how are you making record profits and you have no product?
These articles, dude, you're exactly fucking right.
Because reading this article, and I also read Paul Krugman's column this week,
the tones of both of those articles are like,
who could have possibly done this?
Like they're looking around with their microscope, their Sherlock Holmes.
The motherfuckers who made money?
Yeah, exactly.
Who could have possibly done this?
I'm going to put Krugman up there and larry summers with that bird coming to peckham
making a flock of birds instead it is so crazy how they've like dematerialized the capitalists
they're like oh well it wasn't the capitalists don't blame them who could have possibly caused
skyrocketing inflation like i don't know the fucking people who make the goddamn prices
well well terrence everything has to be dematerialized because like all of these
motivations and causes and things are just like like abstracted and just floating like cigarette
smoke in the air you know what i'm saying yeah like none of it can be tied to any specific
individual or specific system right of economics like it's always just like, well, we don't know.
Well, none of it matters.
I think probably the thing that drives me nuts about, like, the sort of,
and I'm not, and listen, I'm not casting aspersions,
because I was on the Bernie train, all that kind of shit, okay?
But the thing that kind of drives me nuts when people,
particularly liberals, talk about, like, voting at the ballot box
and all that stuff is, it's's like none of that stuff matters anymore.
Elon Musk is the governor of Texas, effectively.
Right.
You know what I mean?
No.
These are old ways of ordering the world that are just there.
Congress and the Senate and all these branches of government
are essentially the Queen of England now.
Just figureheads, you know?
In there sort of, like, for the window dressing.
I'd say they have one remaining purpose at this point, which is budget negotiations.
Literally, the only thing that they do is allocate where the fucking money goes.
Yeah.
And they, what, their one one job all they fucking do they
show up one day give 800 trillion dollars to the pentagon and just say to the pentagon and the rest
to like nine other dudes right and then like yeah basically they're accountants for like the war
machine and the nine beneficiaries of the war Right. You know what I was thinking about, too?
Like, in regards to all of that and the Supreme Court and shit.
It's like, you know, people love to write columns and love to theorize, right?
I mean, to some extent, like, you know, we do it, too.
And other people like us do it, too.
Like, pathologize this shit.
You know what I'm saying?
But really, it doesn't really make sense to pathologize that. just gonna do whatever the fuck they want to do you know they have like
the license now to just get away with it and it doesn't mean it doesn't matter about catching
them in hypocrisies right or pointing out anything like that because not only do they have any shame
but there's no public power to hold them accountable anymore you know like there's no
mass politics to do any of this shit.
So they can say whatever the fuck they want and change the rules as they go.
And we just have to grin and eat shit.
You know what I'm saying?
Yeah.
Like, I've been grinning and eating shit for too long, boys.
31 years, man.
Been at this 35, 36 years now.
Grinning and eating shit.
Damn, dog.
You're right.
They have to keep up the theater of it, though.
I mean, I don't know.
I feel like one of the defining features of fascism is theater.
I feel like that is, I mean, if you look at even the third reich like all the things
they did it's so theatrical and so like i mean it could be that the future the crisis everyone
keeps talking about is coming is here in like a proto form you know what i mean it's sort of like
the the fascism being that like the liberals will continue to do this entire theatrical exercise and not
actually use government as an instrument of power at all while the conservatives use government as
an instrument of power to lay down the legal foundations of the coming just you know catastrophic
uh crisis that whatever you want to call techno fascism or whatever that's coming
you know what i will say about tues though he's totally got it and you were saying this tom is 9-11 was kind of
a paradigm shift right and covet is also a paradigm shift and it makes sense that even though he
starts with omicron twos i mean i thought you would start with the first train but whatever
yeah like the first train this is a preview and a test run for the ruling class and like of how they're going to handle crisis and
we are seeing this shit play out not only are these motherfuckers going to make mad money but
they're going to push through the most draconian shit possible because that window is wide fucking
open for them to do it because everything has been changed and it's never going back all these
fucking good no no no you go ahead i was just gonna say all these fucking powerful people hang
out together like i really can't stress that enough why do you think that like every time
you're slightly suspicious of a ceo like did they hang out with epstein and gizlaine and you find a
photo and they did it's like yeah they all hang out together regardless of their ideology they're
trying to fucking kill you and so i guarantee chris Chris Rock is in there too somehow I don't know how the fuck Chris Rock
Chris Tucker
damn my bad Chris Rock
that man's been through enough
okay
I forgot between the two black Chris's
my bad
wow wow
all black people look alike
what do you mean you people my people Wow, wow. All black people look alike.
What do you mean, you people, Eric?
My people?
Yeah.
Oh, shit.
Dude, but, like, I guarantee you that, like,
it may just be as simple as, like, the Supreme Court people,
like Amy Coney Barrett and Clarence Thomas, whatever,
they literally hang out with people like Bezos maybe not Bezos literally but other powerful people
they run around in the same circles
they're like guys we're getting away with everything right now
we're getting away with everything
just fucking go for gold
it feels like we're living
honestly it feels like we're living
in some sort of laboratory
where they're just like standing over us
and like dissecting like owl shit
you know to get the little mole bones out.
Yeah, stop to Yaka's lab.
Dr. Yaka's lab.
God, it really is.
Okay, after the global economy has been rocked for two years
by nonstop supply crises, from shipping snarls to the war on Ukraine,
central bankers have stopped waiting for normalcy to return.
I've read that sentence like three motherfucking times.
I still don't know.
This is just like me sitting down
like, I'm going to read this book.
Before I know it, my brain
is so addled, I just read the same page
like five times before I keep going
further.
If the Fed determines that shocks
are unlikely to ease or will take so
long that they leave inflation elevated for years,
the result could be an even more aggressive series of rate increases as policymakers try to quash demand into balance with a more limited supply of goods and services.
That painful process would ramp up the risk of a recession that would cost jobs and shutter businesses.
uh drone pal uh fed chair said this the disinflationary forces of the last quarter century have been replaced at least temporarily by a whole different set of forces oh shit dog
look at my fed chairman i'm going i'm definitely going to hell like if the chairman's like this is
a new world boys he sounds like he kind of also sounds like adam curtis like adam curtis always
saying uh the new the new forces and shit like that.
Yeah, man.
The new forces.
The new forces.
The new set of forces.
The real question is, how long will this new set of forces be sustained?
We can't know that.
But in the meantime, our job is to find maximum employment and price stability in this new economy.
When prices began to pick up rapidly in early 2021,
top Fed policymakers joined many
outside economists in predicting that the change would be transitory. Inflation had been slow in
America for most of the 21st century, weighed down by long-running trends like the aging of
the population and globalization. It seemed that one-off pandemic shocks, especially a used car
shortage and ocean shipping issues, should fade with time and allow that trend to return.
But by late last year,
central bankers were beginning to rethink their initial call.
Supply chain problems were becoming...
This kind of answers your question from earlier, Tom.
Even shit like used car shortages are factored into the stew here, man.
It's the broth.
They got put.
That's insane.
Used car shortages.
Yeah.
But by late last year, central bankers were beginning to i mean you can see why it's like perfect for like for people who do hold the
ideology of capitalism like they really do believe in it as a a force they may critique it like paul
krugman but at the end of the day they they believe in it as a stabilizing force for distributing resources.
And that's interesting.
You can see the way that that opinion is bending.
It is completely – it's being pushed to the utmost stress.
For example, Robert Reich, you remember him?
I feel like he is exactly like Krugman.
Like, those two, they have got to be the same guy.
They were made in the same...
Right, right.
Yeah, if you see Krugman and Reich and the two guys in the same room look identical,
just remember Reich is the one that's four feet tall.
He's the short guy.
He's saying now that Liz Cheney should be the next president.
I mean, you see the way they're believing in capitalism.
The short king, he's pulling for Liz in the booth.
Dog, Blake.
Go ahead.
No, I don't know.
I'm just saying.
Rock's one of those guys you want to like,
and then you just like,
up to the microscope,
you're like, okay.
Like, ew, okay.
How much can you really trust a recycled Clinton not?
You know what I mean?
I mean, these are people who still think
that capitalism can work,
or you can make this whole system benevolent
and work for people.
That's why they're arriving at extremely pained, enforced takes like Liz Cheney should be the next president.
Because they don't have a comprehensive or holistic critique of capitalism.
They just see it as a separate force from politics.
And they're completely confused as to why the political system has completely degenerated.
Because they just think it's the people in charge.
Yeah, like democracy is incompatible with capitalism.
And it's like you're seeing the fucking convulsions of that.
But they don't have a critique of capitalism
that's sort of holistic like that.
So that's why they're coming up with like,
oh, she can save...
Liz Cheney, listen to yourself.
Liz Cheney's gonna fucking save the dying republic?
You know what, too?
I mean, it is just so unironically
full circle. Listen to yourself.
Bro, you talking about the daughter of one
of the fucking, like, advocates
and the people that pushed fucking the Iraq
War, you know what I'm saying? Like,
it's just insane that this is the person
that you're talking about should be, like,
leading us into the second half
of the 21st century. It's just
completely just deranged.
I just want one of these
howdy-doody motherfuckers.
You know what I want?
I want somebody just to...
It's like the Anton Chigurh thing.
Just admit your position.
There's gonna be a lot more dignity in it.
There'd be a lot more dignity in it.
This is the one game where you can't. It's truly in life. This is the one game where you can't it's it's truly in life this is the one game
where you can't admit your position and that my friends is called ideology
when you can't admit your position here that's ideology dog god damn uh when yet okay blah blah
blah but by late last year central bankers were beginning to rethink their
initial call supply chain problems were becoming worse not better instead of fading again how do
we know that is that a thing that is uh or like true objectively or is it something that like
we're taking capitalists at their word you're you're i think you're right tom i think there
might be something to that to that the idea that, like, this is kind of manufactured.
I don't know.
I could be wrong.
Maybe that's, like, ridiculous to think,
but we shouldn't take capitalists.
Maybe we should interview, like, you know, union officials or workers.
Maybe that would give us a better idea.
Well, none of this is, like I said earlier,
none of this shit is natural, right?
But, like, capitalist realism, like,
it means that you have to see like this the economy
as like a natural law like you know what i'm saying as if like as easy as like fucking breathing air
or drinking water or something like that you know yeah you're right and then as such it can be like
they kind of see it like an ecosystem in the sense that like you can make changes to it that
will keep it in a state of stability.
That's a dying breed, man.
There's not a lot of people like that out there anymore,
I don't feel like.
Like Robert Reich.
I feel like one example is the MMT people.
Yeah, like Stephanie Kelton.
Yeah, what is the name of that?
Like Modern Monetary Theory?
Modern Monetary Theory.
Something like that.
I thought you meant Mountain.
Yeah, Mountain Community Radio. I thought you meant mountain. Yeah, mountain community radio.
WMMT.
WMMT.
Yeah.
A little white shirt joke.
Who's he talking about?
Barefoot Nelly trying to...
Trying to fix the economy?
Be better and better than anybody else's doing it now, bitch.
But yeah, so supply chains.
Instead of fading, price increases had accelerated and broadened beyond a few pandemic-affected categories.
Economists have made a monthly habit of predicting that inflation has peaked, only to see it continue to accelerate.
Now, Fed policymakers are analyzing what so many people missed and what it says about the unrelenting inflation burst.
Jay Powell said, oh, go ahead, Aaron.
No, no, no, go ahead, Terrence.
I want to go ahead no no no go ahead terrence i'm with you go ahead j pal said of
course we've been looking very carefully and hard at why inflation picked up so much more than
expected last year and why it proved so persistent it's hard to overstate this is a funny quote
it's hard to overstate the extent of interest we have in that question morning noon and night
they like they're like we it's hard to overstate the extent of interest we have in why inflation is occurring.
No, first of all, you're lying.
But secondly, like, what?
Yo, I want to know what other profession or career can you have and be paid for and trusted with the public trust.
Right.
Where you have no idea what the fuck, what you studied and spent money and resources, fucking time time and you don't know how to explain
this shit dog you don't even know how to explain it in a sense of the brightest minds dude it is
just like it's just like insane you know what i'm saying like they're just like magicians who don't
understand their own fucking spells you know what i mean i think that's it you're right dude there
that is very significant because i think it says that is very significant because I think it says – That is a good way to put it. That is very significant because I think it says that their ideologies or their explanations for why I think this is occurring are kind of outdated.
There is a kind of vacuum in legitimacy in monetary policy probably.
If we take him at his word and he really is completely baffled, I mean, I think that this is, again,
probably something being engineered by the capitalists.
Like, we have to understand, again,
you need a Marxist conception of this.
This is probably something engineered by the capitalists because another thing that happened during COVID
was a rise, I don't even know if you can put it quantitatively,
and it sounds like I'm putting it quantitatively,
but there was a rise in class consciousness.
We had a reassessment of what it meant to be a worker
and a reassessment of class.
And that's why I think that you're seeing a lot of organization efforts.
And I think that you have to view what's going on
at these sort of macro levels as a response to worker militancy like they're trying
to fucking kill us basically i'll give you one i'll give you one quantitative example um last
month the nlr nlrb received its 1000th um like filing for unionization that milestone wasn't
reached last year until october right that's just literally just one
little data point so if you think that all of this shit isn't engineered to crush the shit out of
working people and to punish us for getting too uppity i don't know what to tell you they
study that like i cannot stress that enough like they fucking know what's going on with the labor
force at all times that's part of the fucking game
if you're a capitalist you are in constant war with the worker and so you are constantly sitting
down and saying like how can we fuck them over it's not a conspiracy that's literally part of
one of the laws that is supposed to be invisible that no one wants to admit to this is a coercive
you know competitive laws of capitalism you have to fuck over the
worker um the fed has been reacting it slowed and then halted its pandemic era bond purchases
this winter and spring and i might add that they may be overplaying their hand i mean like there
are developments that happen in the political sphere that impact this but like they may be
overplaying their hand who the fuck knows i mean it's um well they're not in control of this shit like it's if it's well they are in control because
we just talked about that so they are but i feel like it's gotten too far away from them you know
what i'm saying look at as a as an imbalance in basically like resources i mean like they yes the world as an objective thing a unified global community there
is no one person in charge of that or even really a group of people like i think that the class
struggle is the thing that you know sort of is sort of universal like the universal condition
and like you you play out in that game on a large chess board of the global economy or whatever.
And on their side, they have the fucking nukes and tanks and monetary policy and all that.
And on our side, it's not looking like we have a whole lot of fucking resources.
And that's why we on this show advocate for if you are rich and want to do something about your class privilege,
buy a nuke for the working class.
It's a one-time
offer. We're offering nukes
for the working class. Small personal nukes.
Small personal handheld
nuclear devices. If you can split atoms, you can have
your own. I mean, you gotta be able to
figure out
if fucking
Richard Feynman and Oppenheimer and the boys can circle jerk out in the new
mexico desert come up with a hydrogen bomb surely to god we can get a nuclear weapon
yeah there'd be no more there'd be no more of this fucking hand wringing like i said like
why won't they rise up like why why is everything bad happening why you know why are there doomers
and all this there'd be no more of that if you even the fucking playing field you know you know what i'll say man i kind of
unironically you know partially most of the reason in my opinion unironically the the united states
has been like uh like we've never nuked another country after that because they got fucking nukes
dog give the working class the only way to deal with this
shit is to give us the tools that we
fucking need
and we have to match
we have to match what
they got that we have to match
it so if you are the
heir of Raytheon and you
want to use your money to
advance don't start a
non-profit develop a nuclear weapon for the
working class buy a massive compound bunker in the middle of the desert stuff it full of
motherfucking nukes and tanks and whatever staff the whole fucking place with like a militarized
zone a dmz or something around it and then just say all right that's for you workers of the world
that's yours that you can
that is that is me helping you level listen bro the homies the homies in southwest atlanta
getting a shipment of nuclear armaments men to fight off the atlanta police that is all they
fucking need that would be so tight i mean you know there'd be things to manage in terms of whatever,
but like what we should do is just as a working class, we should write a version of Khrushchev's letter to Kennedy.
Yes.
We don't want to bring war to the billionaire cretins of the world,
but if they bring it to us, we'll see them in hell.
God damn, son.
Dude, I don't mean to imply a second ago,
I don't mean to imply that there aren't powerful people
that are running the world.
Because I'm just saying that they engage in conspiracy
to advance their position on that chessboard.
But they haven't won entirely yet.
That's one of the things about capitalist realism
and neoliberalism,
the idea that there is no alternative
and that the working class is lost forever.
It's not.
I don't know where this idea came from.
It's still obviously trying to advance its own position
in that conflict.
Because it can exist in complete, like, I mean, I guess the only
other flip side of that is like true, like explicit fascism, right?
Which is a negation of life.
Like it has to like allow like some, the mechanisms and the impulses that allow it to work, this
like community, like, like like community not community
but i guess working together i guess you could say some sort of collectivism like those are the
same things which will or will have to use to like resist right and break free of that shit you know
what i mean yes i guess it's like what they're gonna they're they're they're selling us the the
rope of which which we'll use to hang them so to speak right right right right right absolutely um oh yeah so yeah like and like you were saying you know they've
also you know been engaging the fed has been reacting it slowed and then halted its pandemic
era bond purchases this winter and spring and it is now shrinking its asset holdings to take a
little bit of juice out of markets in the economy the central bank has also ramped up its plan to
raise interest rates uh it is making these those decisions without much of an established game plan,
given the surprising ways in which the economy is behaving.
It's just vibes, bro.
It's just vibes.
It's just vibes, man.
We've spent a lot of time as a committee,
and I've spent a lot of time personally looking at history.
Patrick Harker, president of the Federal Reserve Bank of Philadelphia,
said in an interview on Wednesday,
nothing quite fits this situation.
Very interesting.
Then it has a picture of gas prices.
The economic era before the pandemic
was stable and predictable.
America and many developed economies
spent those decades grappling with inflation
that seemed to be slipping ever lower.
Consumers had come to expect prices
to remain relatively stable,
and executives knew that they could not charge
a lot more without scaring them away. so then what you're saying is it is possible that executives
charge more but you you're saying they're not doing it right now interesting shocks shocks
to supply but it's weird it's like it's it's a weird admission that they do do that and can
but it's like it doesn't factor into what might be happening
right now anyway well because he also never mentions why they decide not to right it's just
that we're supposed to take it at face value that the circumstances have not left that option open
to them right right and that and that's in that capitalists look out for the interest of the
global community in the economy and not just fucking themselves exactly exactly shocks to
supply that were outside the
feds control like oil or food shortages might push up prices for a while but they typically
fade quickly now the whole idea of transient supply shocks is being called into question
the global supply of goods has been curtailed by one issue after another since the onset of the
pandemic from lockdowns in china that slowed the production of computer chips and other goods
through russia's invasion of uk, which has limited gas and food
availability. That's another thing.
I could be wrong about this, but I thought one of
the reasons that gas was up wasn't
necessarily because of the invasion of Ukraine.
I thought it was because of the sanctions we put on
Russia. Isn't that kind of part of...
Yes, that's what I thought too.
It's an interesting
omission.
Or interesting way to phrase events,
or like, you know, a contextualized event.
Right, right.
I don't know, is that true, Tom?
With your experience, would you say
the sanctions we put on Vladimir Putin...
Yeah, we've hit him where it hurts,
and it's come back to bite us.
The chicken's coming home to rest.
That's my analysis.
At the same time, demand has been heady,
boosted by government pandemic relief checks and strong labor market.
Businesses have been able to charge more for their limited supply,
and consumer prices have been picking up sharply,
climbing 8.6% over the year through May.
Research from the Federal Reserve Bank of San Francisco released this week
found that demand was driving about one-third of the current jump in inflation,
while issues tied to supply or some ambiguous mix of supply and demand factors
were driving about two-thirds.
There's really not anything we can do about oil prices, J-PAL said.
There is a job to moderate and depend,
but it also means that if the supply shortages
that are driving so much of inflation today fail to ease,
the Fed could need a more punishing response.
And then you get recession.
We get the danger zone.
Then that's when you get into the danger zone.
Da-na-na-na.
Anyways, you get more on Ukraine.
Long story short, okay, as the president of the Federal Reserve Bank of Richmond said,
there's all these fucking Federal Reserve Banks.
Fuck off.
That's what I say.
Yeah, it's just not real.
What about the Federal Reserve Bank of Whitesburg?
Let's ask the Federal Reserve Bank of Whitesburg.
That's us.
We just like nervously.
I don't know.
I'm about to hit.
Don't ask me.
The supply chain is whack-a-mole, said this guy.
That's the smartest thing that's been said yet.
Yeah.
Yeah, right?
Yeah.
People say you solve one problem and then you have another one.
For now, central bankers are trying to quickly lift interest rates to a place that clearly restrains the economy.
We have to find price stability in this new world jpal said last week so anyways long story short um they are trying
to probably engineer a recession i i saw i saw an article in financial times that was like
yeah no the united states is definitely heading for recession yo absolutely man and again like
i mentioned earlier it really just struck me like
you know like there's that lenin quote there are there are days when decades happen and weeks where
decades have something like that right there are weekends where decades happen or there are
there are weekends where you wish that you wish the weekend didn't happen.
There are weekends when you wish your mother never met your father.
There are weekends when you just wish your mother never met your father.
That is true.
We're all here because two motherfuckers got on some loose shit one night
and that's it.
I didn't ask for this shit.
Fucked your whole shit up.
Well, so that probably about covers it, right?
You know, I'm glad we decided to re-record this week,
and we censored ourselves.
Like, the good...
We did.
That's the thing.
We recorded a whole fucking hour episode about the famous New York mag piece and decided, what the fuck were we we recorded a whole fucking like hour episode about the famous new york mag
piece and decided what the fuck were we thinking i i got i got fucked up then that's that's like
when i was talking about reading it you know i i likened it to eat a dog throwing up its food and
then eating it and throwing it up and eating it i got like food poisoning off of it. And that's the result.
That episode was the result of that.
You got us all sick, man.
I got us all sick.
And the thing is, is it occurred to me
after I was thinking about that episode,
like, should we put it out or not?
Like, blah, blah, blah.
That basic question is really what pisses Barry Weiss
and everybody off so much.
That they have to ask like
that they have that they would be censored in any way at any time like they couldn't ever just fly
off the handle and say some shit that they might regret and not be like punished for it i guess
relentlessly attacked relentlessly attacked for it but at the same time maybe i should maybe i
just need to say fuck it maybe barry Weiss and the crew at Austin University,
they know that you just got to speak your motherfucking mind.
Listen, man, I will say on the flip side,
sometimes there's a lot to be said about a person with great humility,
enough to censor themselves and spare anyone else the agony of the trouble.
Yeah, man, it's just like, you know,
it's a very mature thing to do. It's like wearing deodorant in public.
You know what I mean?
And we're not looking for a pat on the back
or a medal on how...
Except Aaron. You can pat him on the back.
If you see him on the street, pat him on the back
and say, good job, young man, not publishing
that episode that may have got you
in trouble.'re gonna get
somebody knocked out terrence don't tell them that it was not a yeah sorry i don't mean it's
smart thinking young blood and they just click you there click click click yeah i'm just kidding
i'll put the episode out uh you know right with this one i'll put out a three hour episode where
the first part is sound like a bad idea let's
start doing that dude let's record like seven episodes and let's start putting out like eight
hour episodes a week so people could binge on them like it's stranger things and some shit like that
we go like bad boy mode once a week so like it for a different patreon tier you get your normal
two episodes but you also get a band episode
you could you could hear me say edward aaron lets the slurs fly and then like the description says
the description says they're trying not to let you hear this but
yeah you got to do like the debating like the right wing sort of framing and baiting of it
yeah they don't want you to hear eric say slurs yeah i want i want to reach a point of singularity where we're
like people have us on all day 24 hours and we get to a point where we can just start telling
people how to live their lives just completely running every aspect of their life like now it's
time for you to sleep that's our longer term project to tell you when to go to bed.
The Trill Billy is becoming the cultural backdrop
for a whole entire generation.
For a whole entire generation.
Audio backdrop.
I would tell them to read
the most deranged articles.
All the most deranged articles.
You think you're not going to read this
and weigh in? Guess what, motherfucker?
You're reading it and weighing in, bitch.
Oh, shit, man.
All right.
All right.
Well, if you want to read it and weigh in,
go to Patreon, P-A-T-R-E-O-N.com slash Trillbilly Workers Party.
Where you can hear me say slurs.
That's right.
slash Trillbilly Workers Party.
Where you can hear me say slurs.
That's right. You can hear me say slurs.
There's no marketing ploy too cheap for us to employ.
So go over there.
Thanks for listening this week.
We'll see you next time.
Bye.
Peace out.