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“I think we're going to see fragmentation of states from the central government. I think you're going to see big fragmentation in the world, not just in the United States, on the failure to agree on Most things.”

“It'll be a long time before those intuitions and those imaginations are created by computers. Ok, but it won't be a long time before computers produce better quality thinking.”

“Gold is not a precious metal that's speculated on, like most people have come to think of it as. It is the most established money that, it's the second largest reserve currency that central banks hold.”

“Central banks are not going to want to buy Bitcoin and being able to hold it.”

“For example, 60% of all Americans have below a sixth grade reading level.”

“I think that it's likely down the road.”

“I think when we have, we're going to have the midterm elections, you're going to go past the midterm elections with probably that Democrats will take the house and be, and maybe, I don't know, it's going to be difficult. And you know what? Nobody can succeed b…”

“It looks to me like AI basically is eating everything and it might eat itself. And what I mean by that is not produce adequate profits.”

“Their technologies are almost as good as ours, because they are, they're not far behind”

“Bitcoin is limited in supply, and its perception of money, it is a form of money, it, it's perceived as money, as a storehold of wealth, that is unlikely to be significantly held by central banks, and many others, because of a number of Problems it has.”

“India is going to have probably the, has the best fundamentals to have the best growth rate in that, because you're going from not having enough money to having, that has infrastructure.”

“Gold is the third largest reserve currency, by the way. Dollars euros, gold, and then yen.”

“I don't think the profit impact and the financial impact on productivity is going to be nearly enough, near enough to deal with the supply demand issue that we now have.”

“When you talk about 10 years, there's gonna be a period in that 10 year period where it's going to, it's gonna be hellacious. In that 10 year period where, you know, the coordination of dealing with our problems will be greater and the cooperation for dealing …”

“So as we have this conflict between the United States and China and its allies, Russia, and so on, as we see that line up, countries that are in the middle, like India, are gonna be net beneficiaries of that.”

“I think that in the next five years, I think year by year, we're going to go through a time warp. You're going to see radical disorder in the next five years as each one of those things comes to path.”

“We're going to have an interesting two years between where we are now. And let's say, almost a few years, and let's say early, ah 2025, ok? And not just interesting because we're going to have unbelievable elections, and we'll see whether, how power, how we ca…”

“The speed of I'm going to use algorithms to make quick bets on these things will probably at some time make very important decisions, be very major mistakes. And since we're all connected, that scares me.”

“The one that you're referring to is there's a test call in workplace inventory, which is called concern for others, and it doesn't really mean concern for others. What it means is that when faced with the choice of whether the mission is Or the individual's fe…”

“There is the top 40% and the bottom 60%. And if you just carve out and you say, what is the economy and life like of the bottom 60%? There hasn't been income growth, prospects of having a better life than your parents.”

“There are going to be people who are riding the algorithms that will replace the people who are doing jobs. And so there's going to be a bifurcation, and I think that learning how to code is like learning how to read and write for the next generation”

“We now have that two trillion dollar deficit. Half of that is interest payments, plus we have to roll over nine trillion dollars of debt That has been accumulated and is maturing.”

“What's the money ratio right now in the United States is about eight and a half to one, and so on, and when you look at it and then also then there's what it's in. The stock market is, is right now about three to one, and that's very high. If you were to go ba…”

“The government wanted to, and actually did, deliver a lot more money to people, companies, than there was a loss of income.”

“Commodities, by the way, in real terms, all commodities, every single commodity, in real terms over long decline, long periods of time have declined because of productivity.”

“Roughly, 70% of government expenditures are, you can't cut.”

“What happened in 1938, in terms of the depression leading to the wars and so on, and the interest rates hitting zero, is the exact same thing that happened in 2008. It was because I studied that, that I, we were able to make a lot of money in the 2008 financia…”

“Acts of nature, in particular droughts, floods, and pandemics, and they killed more people, and they toppled more empires, and changed more world orders than anything”

“So, in the thirties, four major democracies, because of that dynamic, chose to be, their parliaments chose to be autocracies. That happened in Germany, Italy, Spain, and Japan.”

“India has the highest potential growth rate.”

“They've got a debt problem, they have a debt restructuring problem”

“It was before, on World War II and World War I, the United States became the richest country because of the money it made before it entered the war.”

“So if you take all those measures and so on, the gaps in those things are greater than they have ever been.”

“If you don't have those principles and those ways of getting through that, we will be at each other's throats.”

“The only reason we were able to anticipate it and benefit from it is because it, we felt that it was necessary to understand what had happened in the thirties and what happened before, because the same things happen over and over again.”

“Some things happen once every 75 years, particularly debt crises and those kinds of things.”

“Radical transparency is coming at you fast anyway. Because we're now living in a world where the data that you leave about yourself all over the place is meaning that people will, you know, strangers, systems, can now examine you and know you better than peopl…”

“Basically, it's projected to spend about seven trillion dollars, take in about five trillion dollars, so it's running a 40% Deficit, 40% of its spending. It's been running deficits for a long time, so it has a debt that is 600%, six times the amount of money t…”

“Gold is over a period of time, a low returning asset class like cash. It'll produce, it has produced, and for logical reasons, it produces about a 1.2% a year Real return.”

“Mostly different act events to bet on. And I think events affect companies, but they're two different things. So I would say it'll be something to speculate on. But, and it'd be something that smart people may use as a hedging device against owning an equity. …”

“Droughts, floods, and pandemics have killed more people than wars and changed more orders.”

“They own 33% of all world manufactured goods, which is more than the combined U.S. German and Japanese manufactured goods, Chinese produce more.”

“I think the basic picture in China, ah, the United States, the emergence of India, and so on, is when the world order is going to change in a very profound way.”

“So I think you're going to see, in the next downturn, another move to print money.”

“22% of the high school students in Connecticut either have dropped out of high school or are failing classes with absentee rates of greater than 25%.”

“I contributed to the economic risk of being able to come out with a Chicken McNugget. Because it came out at a time when there was a lot of commodity price volatility, and McDonald's wanted to come out with a chicken McNugget, but they couldn't lock in a price…”

“About a third of the people can't get through it, something like that. Over 18 months, you can pretty well find out where you are.”

“So it's a transition. It's probably like a transition of trying to eat healthy and exercise and do those types of things. Typically takes about 18 months.”