The revolutionary idea that changed Javier Milei's life | Lex Fridman Podcast Clips

[@LexClips]

Lex Fridman Podcast full episode: kzbin.info/www/bejne/bn-vq5ZvoNSVes0 Thank you for listening ❤ Check out our sponsors: lexfridman.com/sponsors/cv8253-sa See below for guest bio, links, and to give feedback, submit questions, contact Lex, etc. *GUEST BIO:* Javier Milei is the President of Argentina. This episode is available in both English and Spanish. *CONTACT LEX:* *Feedback* - give feedback to Lex: lexfridman.com/survey *AMA* - submit questions, videos or call-in: lexfridman.com/ama *Hiring* - join our team: lexfridman.com/hiring *Other* - other ways to get in touch: lexfridman.com/contact *EPISODE LINKS:* Javier Milei's X: x.com/JMilei Javier Milei's Instagram: instagram.com/javiermilei Javier Milei's Facebook: facebook.com/JavierMileiEconomista *SPONSORS:* To support this podcast, check out our sponsors & get discounts: *Eight Sleep:* Temp-controlled smart mattress. Go to lexfridman.com/s/eight_sleep-cv8253-sa *NetSuite:* Business management software. Go to lexfridman.com/s/netsuite-cv8253-sa *BetterHelp:* Online therapy and counseling. Go to lexfridman.com/s/betterhelp-cv8253-sa *AG1:* All-in-one daily nutrition drinks. Go to lexfridman.com/s/ag1-cv8253-sa *LMNT:* Zero-sugar electrolyte drink mix. Go to lexfridman.com/s/lmnt-cv8253-sa *PODCAST LINKS:* - Podcast Website: lexfridman.com/podcast - Apple Podcasts: apple.co/2lwqZIr - Spotify: spoti.fi/2nEwCF8 - RSS: lexfridman.com/feed/podcast/ - Podcast Playlist: kzbin.info/aero/PLrAXtmErZgOdP_8GztsuKi9nrraNbKKp4 - Clips Channel: kzbin.info *SOCIAL LINKS:* - X: x.com/lexfridman - Instagram: instagram.com/lexfridman - TikTok: tiktok.com/@lexfridman - LinkedIn: linkedin.com/in/lexfridman - Facebook: facebook.com/lexfridman - Patreon: patreon.com/lexfridman - Telegram: t.me/lexfridman - Reddit: reddit.com/r/lexfridman

[@brianjohnson1346]

Javier statues will be revered for hundreds of years to come. The man who changed the world. The spear point that gave the rest of the world the courage to do what absolutely had to be done.

[@duncanfindlay3227]

I see all this as systems and outcomes.

[@aaronnicholson588]

discovery of oil and its many uses is probably responsible for the collective wealth upgrade

[@thinkingcitizen]

And semiconductors, which came after oil

[@John-tx5or]

Beautiful! And was that Venezuela w/ the Uncontrolled Inflation? LET Ppl Cud HAF & They Boycotted Production... Went on STRIKE? WTF? U Need MORE everything. Especially PPL!

[@John-tx5or]

Milton Friedman.. The Car Part / Heat Shield Price was Known; Not Infinity. $13 . A Life is Worth More Than $15.

[@madi112233]

Not many comments, shame on all of you who don't read books and rely on experts whom the media invite to their biased shows.

[@scrategy]

I read lots of books but not shitty ones like these

[@neirinski]

“I read beautiful books, a lot of books, people say I read all the best books.”

[@ehyeh365]

😂 similitudes…?

[@SethSweatt]

From $37K to $45K that's the minimum range of profit return every week I thinks it's not a bad one for me, now I have enough to pay bills and take care of my family.

[@MaryBernardo-ez8so]

I'm favored financially with Bitcoin ETFs approval, Thank you buddy.$25,700 weekly profit regardless of how bad it gets on the economy

[@NickWinslow-mm1cr]

Could you please explain how beginners like me can start making this much 😢

[@SethSweatt]

I have Alex Robert to thank

[@SethSweatt]

He's is the guy that changed my life for good

[@Gary_Nerves]

I know Alex Robert as a popular crypto expert's people talk about, his transparency in the crypto community speaks for him, I attended his seminar in Brisbane🇦🇺 last year.

[@kaikuspa3071]

What about the freedom of bad people to do bad things? How would a minarchist view deregularization that allows more powerful entities to damage others? I imagine you could say something like “keep the regulations about water quality and toxic waste dumping”, but I have to think most of these regulations are nuanced to the point where an outsider wouldn’t know what freedom the regulation is protecting. What then becomes your principle for deciding which regulations to clear and which to keep?

[@ehyeh365]

There is a very nice interview in Spannish on the Free Press. This is kind of killing his manner of speaking and irritating to listen to.

[@kleister32]

Setting it to 1.5x speed is a lot better

[@Gustavo-gp1wl]

Milei is irritating to hear, so go with it.

[@ehyeh365]

@@Gustavo-gp1wli disagree. As i wrote

[@jaytorr6701]

He talks about Ireland but does not mention thst Ireland had one if he most giving and extensive social care system in the world. He talks well philosophically, but it is a fact that only countries that strike the right balance of state and private economic activity are the most free and highest in terms of well being. See Scandinavian countries, Ireland, Iceland etc.

[@tieiatalks]

And the highest tax rates

[@mircorichter1375]

That is an assumption.

[@BillThe3rd]

Social welfare is a product of private economic activity and would not exist without it. If you need capital to run safety nets then that is not a “social system” it is something else.

[@jaytorr6701]

@BillThe3rd or national economic activity that is extremely profitable. For example Norway has nationalised petrol company that uses profits for pension and social services. I am not a socialist to think that only nationalised activity is required. But in many cases corporate does anything they can to avoid taxes.

[@jaytorr6701]

@@tieiatalks but you don't have to die or go bankrupt if you don't have adequate health insurance.

[@saltygrandpajoe6375]

🤔

[@JoseRamos-hr3kr]

Getting rid of regulation? Remember what led to the 2008 financial crisis? 😂

[@wg8304]

Predatory mortgage lending for unqualified borrowers, whose loans exceeded their home value, then those mortgages were packaged into high rated bonds… then BANKs agreed to buy bad bonds without doing their due diligence.

[@mircorichter1375]

So, what did? The Fiat System, maybe, just maybe?

[@erengk2566]

You give me the awful impression of someone who hasn't read any of the arguments against your position ever. Read Meltdown by Tom Woods. Or type in Meltdown and listen to the lecture version.

[@brianmugo9341]

Federal government's fake certification of fake sub prime mortgages, on top of other weird discretionary measures that erroneously inflated the credit base. Remember Enron?

[@WhoIsJohnGaltt]

If you think lack of regulation started 2008 that is completely wrong. It was the fed that caused that with low interest rates that made it attractive for people to take loans (literally paying them) to do it. And then raising the rates which they couldn’t repay. None of that has to do with regulation. If they were MORE FREE with no fed. That would have been a small blip and not done the damage it did

[@tyalprince]

How’d Austrian leaders views work in the Great Depression?

[@ICDeadPeeps]

And you think we would've fared better under a socialist or communist economic model?!

[@tyalprince]

@ it was a neo-liberal high tax /high spending system that got us out of the depression. Also, the Soviet Union wasn’t affected by the depression, but I’m opposed just because of the lack of freedoms in communism even though the economics made sense.

[@ICDeadPeeps]

@@tyalprince The high tax/spend model only works in the short term temporary basis. It's not sustainable in the long run; it always leads to a bigger economic disaster. The Soviet Union may not have been directly affected by the depression, but it resulted in the deaths of over 6 to 60 million (no accurate death count due to poor record keeping and state controlled media) under Stalin's communism. Another 20+ million people died under Mao's communism in China as well.

[@tyalprince]

@@ICDeadPeeps agreed, but it worked. If we woulda had high taxes after the GFC/Covid with high spending on consumption & expansion, we would be a lot better situation today. And I agree, that’s why I said I don’t prefer communism. It’s easily corrupted & utopian…. Much like Austrians. Sounds great on paper like communism but somehow no one ever does it right.

[@AbsoluteOatcake]

First ive heard of this guy, i thought he was a comedian nut job? Seems pretty switched on

[@aaagaming2023]

The 'crazy' ones usually are.

[@Laayon19]

Have you been under a rock? How could you not have known of him

[@AbsoluteOatcake]

@@Laayon19 Sorry i meant, First ive heard this guy speak.