Dave Smith on Joe Rogan: Why collective punishment aids war

1. SPSpeaker0:02

   Joe Rogan Podcast, check it out. The Joe Rogan Experience. Train by day, Joe Rogan Podcast by night. All day. [upbeat rock music]

2. JRJoe Rogan0:13

   So Dave, you were telling me right before the show that you are now retiring because you got an impromptu phone call and bet hundreds of millions of dollars on oil prices going down. Congratulations.

3. DSDave Smith0:25

   It was, uh, it was a good bet, it just wasn't timed right.

4. JRJoe Rogan0:29

   I thought you got it in on time.

5. DSDave Smith0:30

   [laughs]

6. JRJoe Rogan0:31

   I thought you got it in, like-

7. SPSpeaker0:32

   Did you miss him?

8. JRJoe Rogan0:32

   Yeah.

9. DSDave Smith0:32

   [laughs]

10. JRJoe Rogan0:33

    I thought you got it in, like, five minutes early.

11. DSDave Smith0:35

    [laughs] I did not. I did not.

12. JRJoe Rogan0:37

    But how is there not a massive investigation to that right away? Didn't someone make, like, $1.8 billion-

13. DSDave Smith0:43

    Yeah

14. JRJoe Rogan0:43

    ... in like five minutes?

15. DSDave Smith0:45

    Yeah. There's a, there's a lot of those, like, trades like that that should be investigated-

16. JRJoe Rogan0:49

    Bro

17. DSDave Smith0:50

    ... that kinda never are.

18. JRJoe Rogan0:50

    Bro. How about, what's his name? Lutnick?

19. DSDave Smith0:54

    Yeah.

20. JRJoe Rogan0:55

    Yeah, how about that one?

21. DSDave Smith0:56

    He's... So he's a-

22. JRJoe Rogan0:57

    The tariffs one

23. DSDave Smith0:58

    ... working for the administration, and also standing to gain huge if people can sue over the, the tariffs, right?

24. JRJoe Rogan1:06

    Well, explain the whole thing.

25. DSDave Smith1:07

    Well-

26. JRJoe Rogan1:07

    Like, do you know how to-

27. DSDave Smith1:09

    Do you-

28. JRJoe Rogan1:09

    Do you know the actual details of it?

29. DSDave Smith1:10

    No, I don't really know the, the details.

30. JRJoe Rogan1:11

    So essentially he was telling everybody that, you know, "Don't sweat it, the tariffs are golden. We're getting them through. There's gonna be no problems." Is that what it was? But in, and meanwhile, he was shorting the tariffs?

Episode duration: 2:52:48