life forms— Mone : Yeah, they all— Female #1: and how does that impacts Santa? Mone : Wow it's just. It's actually it could be very helpful to Santa because if we do manage to find alien life forms he, his technology does suffer through glitches now and then.And yet he's not in touch with these aliens on a regular basis, so there are a few things he would like to, if we could get in touch with them and he could talk to them and maybe
their organizational structure built up? Mone : Yeah, that's really good question. One of the things people like to ask Santa when he goes to Vegas is how do you keep these guys happy?Because, I mean basically, there-there isn't a fantastic career path. They're effectively
just wondering if you can talk about maybe who he is, kind of where he came from, when he met with the aliens, all that kind of background. Mone : Right. Yeah, you know a lot of people don't know this but that he is from Greenpoint in Brooklyn.Now he's not, he's not really the originator of the Santa idea. You know this Santa, this idea of Saint Nicholas, Santa Claus has been around for hundreds of years. He was an early
because that has been very charged song in our household. Mone : Absolutely. I mean, and that lieutenant was fired.and he was not paid; he was not given 7 figure severance, nothing. I mean, he was retired, sent back to Florida, his country club membership was
Female narrator: Well thank you for coming to Google today. We really appreciate it and good luck with Christmas this year. Mone : Thanks, you too.
around. They'd get everyone's schedule, then they would sail away and come back as Vikings, and they knew exactly where to go. They knew where all the money was held. They knew where all the, you know, the churches were, when to attack. They knew the entire Christian calendar. They knew when someone's baptism was, when someone's confirmation. I mean, they were aware of all of this.
Upon stepping on this path, there were definitely some very realistic considerations — money, life, things like that. Was there ever a moment when you doubted whether this path was really right for you?
It caused me discomfort. Money management is pain management.
And as someone who has worked in digital media, you would think I would be better at basically being able to thwart off Money management to-do's, at the end, every time.
And the four common themes that kept coming up over and over again across everyone were time, people, purpose, and health. Money was an enabler to some of those, but it was very rarely an end in and of itself. When you ask people what their ideal day looks like at age 80, no one says they want to be on a private jet by themselves.
The science on that is very, very clear. Money buys happiness in your early years. But what happens is we create a pattern in our minds that an incremental unit of money equals an incremental unit of happiness
And that's great if what you're measuring is actually going to lead to the outcome that you want. Money's measurability has been a feature for society in a lot of ways. But in your own life, it can actually be a bug.
Who wants to make $1 million? Money was at the root cause of the relationship of pain.
there's enough alcohol out there and at some point I will have had enough. I've studied people who make vast amounts of money. The first thing that a a billionaire says after earning her or his first billion is, "It didn't feel the way I thought it was going to. I guess I need another billion." This is also known as the hedonic treadmill.
The image we have about strength and like achieving things and getting stuff done, I think is still very old-fashioned. And in a way, the money. Let's weigh it up. Let's look at the numbers. If you would try to rebuild a body and you would really really try like using human cells, getting them in
testosterone, you improve physically, you know, your stamina builds up, and so on. And this base was sort of my father's dream. He started building it back in 2016, 2017. Money was tight back then. It was really hard, but we built it little by little. In 2020, my father passed away, but I kept the project going just a little differently, on a bigger scale.
They love the idea of heaven more than the reality of Earth." Do you think that's always going to be the case for the most part, that power and money is going to corrupt the people that create ASI? - Yes. I mean, I think there are two processes. I think there's the power and money corrupted him in the end, as well, but I also think
And to a certain extent, they lucked into that, and on the other hand, they were smart to have done it. They didn't charge IBM a lot of money for it, but making it a standard really played out to their advantage over time.
So Friedman is suspicious of all these assumptions, and he has this idea that it's something to do with money. Money is somehow important. And so he joins together with Anna Schwartz, who is an economist.
do that and if you spend a significant portion of your budget on that, plus you've got an aging population, so you're spending a tremendous amount of money on pensions. Pensioners vote. There's lots of them. They have the ability to make sure the government is really looking after them. If you do that over time, your ability to do
to buy a house. So, most people that's what most most people do. They They get a job, a 9:00 to 5:00, they take the money they get from that, they go and get a mortgage, they buy a house, and they move in. That's kind of what we're all told implicitly. Is that a good strategy to build and become wealthy in your view?
Okay, so, generally, if you look at the world and you say, "Where do you want to save your money?" You want to buy a capital asset. Gold's a winner, S&P's a winner, diversified tech stocks are a winner.
money. But we also have some other things that are going on that happen around the same time.
money in the stock market and that company and so on, you're going to spend less. And as you spend less, then
money to buy them and so on. Um and the profits don't live up to the price, then that causes this other dynamic and it
money for the government, and so what you start to see is people come in with their claims, but there's this how do we
money, how much money I would be okay no more money came in. If I lost my job or
money. And that that none of those were were actually working. And what he where he is now is still at this fork in the
money? Just the very simple, are you making more money now? And even though you're token maxing and spending all this money on tokens,
money. Somebody paid for the tokens.
money into bonds, get some keep some money in cash.
money. If you give it to the rich, which is what we've done all our lives with this neoliberal nonsense that we've been
money and you're all broke and out of a job? They created this cost which is unemployment. Why don't they pay for it?
money, they're being irresponsible. But again, if we come back to academic research, there is research suggesting that it it's probably suboptimal for
money now for our next quarterly return?
money here for the for the regime.
money. But I remember what she gave it to me for and I can't remember how much she gave me. I know she put it in a card
money necessarily, and and they were able to defy the odds, and they continued defying the odds all the way into the end. The idea that the
money is like asking, will we have a pro- second amendment, pro-gun rights, and and anti-abortion
money for my online storefront and it actually figures out that one of the easiest ways to make money is to commit
money off their streams and all and all that. And had to, you know, fight Spotify to get it taken down, which they
monetized and incentivized in a way that is increasingly hard to resist. So, I'm very sympathetic to the plight of all of
money on that and of course the that the medicine in Iran is either imported or
money, you know, they still they got it they had a deal with these media organizations. They got paid up front for making these programs.
money on the side on the side makes it sound slightly not quite what it was, but you know, had other sources of income and did other
money to fund institutions and strengthen in institutions. The challenge we have is that our institutions are broken. Even the police
money being spent on? What is What does Europe really need from America right now? What is it buying from the US?
money no matter how you look at Elon M Musk's wealth. Russia is trying to take the subset of that which is what you
Money. No, I'm just kidding.
Money matters. None abolish legacy preferences.