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Recorded on: October 8th, 2026

TOPICS

0:00 - Intro

3:00 - Corrections

4:45 - When People Think They Know A Place

13:20 - Modern Monetary Theory Guy (YoK mini)

18:00 - France's Financial Debt

30:57 - Social Security and Deficits

38:45 - Complications with Means Testing

43:58 - People Don't Vote Against Themselves

50:49 - New Birthrate Theory

1:01:40 - SpaceX is becoming a Mobile Network

1:04:07 - Choosing Between Chipotle and Starbucks

Comments

BlackHoleSponge

Do you guys think that prediction markets are having a sizeable effect on election outcomes in the US? I keep thinking how there is presumably a decent size segment of people who now have a financial incentive to vote a certain way.

KamFord

Podcast hosts realize they live in a liberal shit hole, where everyone is too self-centered to have children. Y'all should take a tour of real America. God's country.

Stefan

🤡

Daniel Carr

Someone's monetary incentive to vote would be based on a bet of their choosing and not exogenous, unless you imagine someone betting solely on the more likely option. Even so, the effect would have to be widespread to have much effect, unless it we're consistently found in swing areas. An individual's ability to control a vote outcome is almost nil. It's much more common for people to bet on outcomes they can directly influence, such as the WNBA thrown objects, rigging an airport temperature sensor, or a discrete outcome in which they have direct involvement.

JK Atula

I'm anti-ai in the courtroom, I think hallucinations are dangerous in any serious setting But there's an argument to be made that a family member speaking in their place with a photo, even a fake moving photo, is probably fine https://youtu.be/RFdUqYYAok4?is=shlaOilHz27NYgHY

Conner Paul

I really want tax increases but its a sad reality that without a serious reform to our current federal budget we're basically taxing the rich (which are all old people) to then give that money back to them through social security and medicare/medicaid.

CorpusCrispy

I think I can explain the AI courtroom thing. The AI testimony was presented by the victims sister, I believe the idea was to make the victim look like a saint. If he comes off as just an amazing super kind man, it makes it more of a tragedy that he was killed and therefore the killer should receive the harshest possible sentence. Which is what the Judge gave.

wawawawa

I can’t find Aiden’s reply to the economics guy’s comment in the last few youtube videos. Does anyone know which video he is referring to?

Owen Lewis

Love the pod and really enjoyed today’s discussion of social security. I find myself increasingly in a position as a young man (surprise) where I genuinely feel a bit of bitterness and even hatred for old people for hoarding wealth. Unfortunately I’ve noticed this starting to affect my personal relationships with old people in my life, where I don’t see this as a general political issue but a serious, ethical one. I hate old people, and it makes me a bit sad at times. Also, I have a bit of constructive criticism as someone who genuinely loves listening to the pod while I stand and prep lemonade at my job (lol): I get a bit turned off when the guys talk about the moral responsibilities / challenges of running a political podcast. I’ve noticed it before in a few episodes (although I can’t remember which exactly) that these discussions can suck up a bit of time that I think could be better spent actually just discussing topics. Obviously it’s your podcast and you can spend it talking about whatever you want, but I imagine most of us are here more for the discussion than the issues of running a podcast. Thanks again for the consistently amazing and educational but still entertaining content!

Owen Lewis

Also I wanted to share but don’t use discord: I’m kind of the exact generic of a Lemonade Stand (24 y/o white recent college graduate) and I just spent 2 straight YEARS applying to jobs, and I finally found one! So excited to start soon— I’ve been feeling the pains of this podcast first hand for a minute lol

fuji

Farmers can't afford to have kids either

fuji

Fuck that

Little Hue

The whole thing about people not believing experts in their fields is becoming a problem. It’s true in almost every topic. It’s how we ended up with flat earthers, Covid deniers and imigration haters. There is for sure a problem with people lacking any critical thinking skills… it’s even prevalent in the rise of media literacy skills… in trying to stay positive but the world is abit cooked.

Umbra Night

I gotta say Im surprised you guys are struggling with the ai court case thing so much considering yalls fields are in media. This is a basic appeal to emotion by saintifying the victim they make the judge grow an emotional connection and be more upset that he was killed. Its the same reason a white guy can kill his whole family and the news will post a picture of him and his kids while black victims are often posted alone or posing with paraphernalia.

Andre

Regarding the pension topic, pensions were common before the introduction of the 401k tax code, which put the burden of retirement to the worker instead of the employer. Now-a-days people who have the pension benefit from their work are public workers, and for those who have a pension benefit, they don’t pay into Social Security and also don’t received it. Public workers also have the option to put money aside through a 457b and 401a plan, which are similar to a 401k plan. There are federal and state pension programs which I believe operate under different formulas which they use to calculate the payouts. In California it’s called CalPERS (in case anyone wants to look that up). I agree with Aiden but he is correct, it is use by public sector to be competitive in the labor market. Without it there could a severe lack of public workers since typically the private sector pays out more.