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Back to episode — Episode 3032 CWSA 11/30/25

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o see if that'll make their life better and make the world better. Well, they just ended up testing $500 a month in cash. And guess what they concluded? Well, they concluded that people really like getting $500 in cash for doing no work. So they called it a success and said they're going to do more of it. That's right. The standard for judging whether it was successful was whether the people who g…

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y doing those things.

Well, in other news, Gateway Pundit is reporting that the US Treasury, so that would be Scott Bessent, is going to start seizing remittances. So remittances in this context is talking about people who are usually non-citizens. They don't have to be non-citizens, but they're sending money back to their home country or wherever they came from. Now, on one hand, I like freedom and I think people should be able to do whatever they want with their money, you know, assuming it's legally obtained. On the other hand, there's a really good reason or argument for limiting the ability for people to make money in the US and then send that money somewhere else. That doesn't help us. It helps wherever you're sending it, but it doesn't help us. So if you were to tax those remittances, you know, at least you get something out of it. Or if you were to block them or cap them, it probably would be a good idea for the United States.

So I don't know how big that number is, but it's a lot of money. And if we could just, if those dollars would simply stay circulating within the US economy, you know, you have a multiplier effect. So the dollar spent goes to another American who now has a dollar who spends it that goes to another American. Well, if you take that and you create a leak where that dollar just leaves our system, then it never has any multiplier effect. So you don't

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lose a dollar, you lose like I don't know, the multiplier would probably be 10 maybe 10 to one. I don't know what the real number is, but it's a lot. So just letting a dollar leave our system to go back to the home country, that $1 is like $10 in terms of GDP over time. So yeah, velocity. Exactly. Somebody took an economics course. Yeah, velocity is what we're talking about. And let's see. So I g…

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