English transcript

I mean, to be clear, I don't think we should be sort of complacent.

We do need to be careful because the future is a range of possible outcomes, and they're not all great.

But at this point, I do agree with you that it's likely to be great.

You know, it's probably 80 percent likely, maybe more likely to be great.

And I do think we'll have universal high income.

We're basically just issue money to people, you know, and the really just.

Because the output of goods and services will so far exceed the money supply that, you know,

that effectively have deflation because just deflation is just the ratio of the outputs of goods and services to the money supply.

So that that's so if the rate of growth of goods and services far exceeds the rate of growth of the money supply,

which I predict will happen, then you will have deflation.