The latest episode discusses the opportunity of using a trillion dollars to bring back manufacturing to the United States and reinvent the industry by creating a massive fermentation chain to produce animal protein using the ability to program organisms to do so.
The increase in supply and decrease in demand for oil has led to a decrease in prices. The cyclical nature of supply and demand highlights the effect of increased production on lowering prices and the consequences of rate increases on the economy.
The speaker discusses the lack of confidence in the federal bureaucracy and its ability to handle the current issues, and mentions the aggressive legislative agenda to paint Biden as the next Roosevelt.
Biden's approach to Saudi Arabia creates a barrier for them to import US tech, but this could lead to a shift in the global economic dynamic as China and Russia have open arms for Saudi Arabia and are willing to trade in Yuan. It is important to have an open dialogue with all countries and be fluid in foreign policy to keep people at the table talking.
The dominance of the US dollar in global transactions gives the US a market power advantage. The production of physical goods determines the value of currency in transactions.
Private tech companies currently make up roughly 8-10% of the world's market cap, but over the next 20-30 years, these companies may surpass the market cap of all other public companies, leading to a better world through technological advancements.