Back to episode — Episode 1589 Scott Adams - Get in Here Now!
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the vector says, wow it took Scott this long to wake up to the COVID sham. Congrats Scott, now you're using your noggin. Welcome to the plug club, big guy. He paid ten dollars to say a comment that I just said will get you blocked. I appreciate your money. You're a... but thank you for the money and you're hidden on this channel. All right. Anybody else want to get blocked? I'm in a blocking mood.…
← Previous segment →time, except it did once, you know, during the Carter administration. So if we don't even know exactly what caused stagflation and why it doesn't get caused again, and you know what's coming at us, will there be another pandemic? God knows. So we're not good at predicting this stuff.
But one of the big, so let me say this. Inflation ends up being a tax on the poor and the middle class. Am I right? Now if you're in one of those categories, you saw your prices go way up. Your gas prices probably, your food prices, right? You've noticed food is through the roof. And you didn't have much of any stocks if you're in the lower or middle range. Thanks, Eddie.
So now let me tell you my experience so far as a rich guy. I'm just going to be obnoxious in the interest of full disclosure and just be honest, right? Sometimes honesty is obnoxious depending on what you're talking about. So this is going to be obnoxious to a lot of you. But I think it's fair to say I'm doing great. I've never done better financially because my stocks are up. And I don't know how much my gas price would have to go up to make a difference compared to how much my net wealth has gone up because of just owning stock. I'm doing great.
So Joe Biden just put the biggest tax I've ever seen on the poor. Didn't affect me. I literally have never done better than under Joe Biden. I didn't expect that. You know, if you told me, who did you do better under, Trump or Biden? Not even close. I got killed under Trump. I got
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slaughtered financially. I just had my ass handed to me, mostly because, you know, getting canceled for this or that. You know, you can't do deals, can't do speaking, just talking about. But as soon as Biden came in, people stopped hating me as much because I wasn't as relevant talking about Trump. And I made one lucky move. I bought a bunch of stocks when they hit their bottom. So suddenly, like…
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