Coffee With Scott Adams — Knowledge Archive August 23, 2026
Scott Adams Philosophy Archive
Search ideas

Context —

of things which I am no expert on but I'll just ask this question. Isn't the guaranteed end result of those things that we keep carving each other into smaller and smaller categories until everybody has a reason to hate everybody? How else can it go? Because I would love to hear the thinking that says how this brings us to a better place. It certainly brings us to — it's certainly good to talk ab…

← Previous segment →

of the stock what would he do with it? Would he buy more food for himself? No, he probably eats all the food he needs to stay fed. There's a limit to how many things a rich guy can buy. Bezos got his yacht which he probably hardly ever uses and he'll be tired of it and then he'll get rid of it. But he got one.

Billionaires don't really have a way to consume the wealth they have. They have to put it into something that benefits the economy. They have to. They don't really have an option. So he has to put it in stock where it's bolstering the market in different ways or you put it in the bank and then the bank can use that for lending. But money doesn't just sit in the mattress. These billionaires aren't sitting on a gigantic pile of dollar bills. It's in the system working. They're the ones who are funding startups. Where do all of your important startups come from? They come from some billionaire who said well I can put a million dollars into this startup. It might work, it might not, but I got an extra million. I don't care.

So for Bernie not to understand the most basic, basic, basic stuff about economics is really embarrassing.

All right. And Bernie goes on to say that that level of inequality is immoral and unsustainable. But again if you didn't know they had the money it wouldn't make any difference at all. It would be completely sustainable if you just didn't know about it. That's it.

Now I could argue that maybe Warren Buffett is not adding as much to the world because he's more of a financial manipulator but even he is making markets and companies more efficient because when he buys a piece of a company he doesn't just buy it. Often he'll improve it in small ways and big. The people who are worthless are the hedge fund types who are just taking money out of the system but they're not adding anything.

All right. It seems to me that Biden's value proposition has devolved into some form of vote for Biden or Biden's followers will hunt you down and kill you. Now that's hyperbole

Context —

but it's starting to feel that way isn't it? Because the way you feel isn't necessarily the exact way that things are but the way it feels as a Trump supporter is that Biden is literally threatening us. And other people have made this observation but I'm just piling on it. It does feel like the left is threatening us. But here's what they don't get. The left has not yet fully internalized that th…

Next segment → →