i noticed that bridgewater increased its stake in nvidia.ut you have a major role obviously in the company still bridgewater, that is do you have a take on a.i. investment and do you have a take on its impact on the economy? some people think it is fabulous in so many ways in terms of productivity others think that it may be so fabulous that actually that no one is going to need or have to have a job and that's going to create its own backlash. achlt executing a game plan. because of all that background and the spes fig specifying of those things, question relate to generative ai. it is something. there is no doubt about it but there is definitely true that it's a two-edge sword it's going to replace a lot of people and the jobs. much those who invent it and those that benefit the most from it will, like today, you have technology and, you know, you have unicorns and they get rich. that is a spoeshl political question of how the pie is going to be divided. this relates to the geopolitical issues and political issues because it's a tool for w

cn in bridgewater. -- dan in bridgewater. >> to me economics is somewhere between political science on cosmology but what i would like to point out is the friedman's were very sympathetic people who really cared about the people on the short end of the stick and it is a vexing problem they talked about extensively and i think that should never be forgotten, because he is perceived by many people as a right-wing wing peon who did not care aut others, but he had the jewish ethic, the open heart towards other people and he was very upset, especially duri t civil rights era. >> how did you know the frdm's? >> at berkeley and got involved in that and then i met him after that. >> thank you for calling in. there were other people who knew the friedman's, respected them. this is from the c-span archives. here are some well-known politicians talking about milton and rose friedman. >> the winner of the nobel prize, his technical mastery of his profession is unchallenged but more central to his work is the moral component and the idea of human freedom in which economic rights are as vital as civ

d, bridgewater, lots of band to, for hosting this summit that's comes uh, decides if moment in the history holidays and this summit, convenience as our federal brothers, inc, as to go through that, what is on bed. but under these really getting machine and the international community phase, to live up to their ethical and legal responsibility, to take what it takes to and war crimes programs and violations committed and under the text of set of defense. and as our hearts broke in to witness women turned it in as the scales in messes made this human sufferings. then when, when the international committee remain silent, to deal with israel and leave them above the international law, allowing them to violate old international lowe's and to in blind eye to all the human values and their village. it on the wall on the indigenous people of palestine. what is taking place in gaz? uh is that instead as oh, live is a fast on the on. but if it didn't it it, dave and how comes of the bombardment of huts, but that becomes, and all the entity at the funds of the false allegations that the daughter chin

we call us the east bridgewater civil war round table named after the town. >> we sent 300 men from thisg tonight, we called it reconstruction, what went right and what went wrong. >> holy mackerel. >> hello, hello. >> what a crowd. we're going to talk about reconstruction, the physical period of time from 1865 to 1877, you know. in the school system we came to reconstruction and the chapter ended on the civil war. >> how are you going to rebuild this part of the country with malice towards none as lincoln's words, how you going to do that? >> no one on the civilian side on the confederate presidency was ever forced to concede and repudiate what they believed. and we allowed a group of people that waged an insurrection against our government to build statues to their heroes. so that has kept it alive. we have never solved the core problem of the civil war. that's why reconstruction didn't have a chance. the north was fighting back and forth during the whole reconstructive period. >> and let's not forget the elephant in the middle of the room. north and south were racists, period. the bla

it's like death by a thousand slow cuts in slow motion bridgewater did an excellent job of articulating this much better than i've been able to do in the last five or six months. i think the key here is that we saw credit growth follow the normal correlation with monetary tightening what we didn't see follow the normal correlation is spending from the corporate side and the housing side what they laid out -- and i tried to lay out, the reasons for that have very limited runway both corporates and households were spending now in this big government transfer essentially that we experienced. both of them had taken advantage of basically zero percent interest rates in 2020 and 2021. so the duration between the spending collapse and the credit collapse is still forthcoming and it's taken longer than we typically would need to see that you know, i think it's coming. i can't say it will be next week until the presentation of a negative catalyst, then, yeah, this probably still has air left i remain at 3,800. >> 3,800 >> 3,800 that made people gasp. >> 3,800 for when? >> that's my 2024 estimate

dan is in bridgewater new jersey hope all the students are getting a strict credit for watching, go ahead the tremendous pleasure of knowing i don't to comment on the economics because to me economic system or written political science and cosmology. but what i would like to point out is they really care about the people on the short end of the stick. it's a vaccine probably talk about extensively. it's perceived by many people as a right wing person who did not care about others. they had the jewish ethic especially during the civil rights era. stuart dan, how should the freedman's? >> i was at barkley and got all involved in that and i met him after that. >> are right thank you for calling in. there were other people who knew the freedman's, respected the freedman's this is from the c-span archives here are some well-known politicians talk about milton and rose freedman. >> a winner of the nobel prize milton freedman's technical mastership his profession is unchallenged. more central to his work is its moral component. an idea of human freedom in which man's economic rights are as vital

we're going to move on and talk to mark out in bridgewater, massachusetts. mark, you're on c-span.lease get. caller: peter, good evening to you and good evening to your distinguished guest. professor homestead, i listen to some of the comments you were making about how you could find so many strands to talk about from in work by willa capin and i wondered if -- cather and i wondered was possible that -- host: mark, go ahead, we're listen caller: peter, i'm -- i was ng -st trying to think about -- peter, can i call you back? host: no, you cannot. can you turn down the volume on your tv, please? go ahead and just finish your question and then we'll have professor homestead answer it. caller: ok, i just was curious that if willa cather had taken more of a satirical approach to her novel and rather spoke and -- narrative, she had been a little bit more conscious or made the readers conscious of the amount of lessa fair practices that were taking place on the plains that it would have been possible for her to reach out to an audience and prevent the possibility of climate-induced change

dan and bridgewater new jersey thanks for holding please go ahead. >> as a refugee from communism i takereat comfort in the fact calmness are allowed to speak freely they are allowed to debate them. it was a very productive encounter. especially in the 60s. but i'm really concerned now the atl has declared anti- zionism anti- semitism a very confusing statement. the fate of the president of the student body and why you i took a pro- palestinian position. clark and dan where you from arm originally? can we ask? >> thank you for calling n. proximity of my colleagues who are active in the campus free speech movement are like you from repressive governments. they take free speech for granted because we've never had the expense of censorship. with respect to anti- zionism and anti-semitism do very strongly support the freedom of anybody to express views that are anti- zionist or critical israeli government policy. by the way freedom ups to engage in anti-semitic speech as well as other hate speech. we should resist it with the free speech should not censorship until or unless the crosses over

john in bridgewater, new jersey.hat do you think about the second debate over the military nominees -- senate debate over the military nominees. caller: good morning. interesting. i like to prevail's -- i like tommy tupper bill -- his stance because it only with the federal government is doing by pushing these issues into the mainstream of our institution. it's not right. i think they should stick to the military. i'm also confident even though we cannot fill these appointments, there are plenty of people there who are confident. as one who by the way back in 1970 probably dutch first abortions in new york city , i like tuberville's stance. >> democratic caller. >> thank you for taking my call this morning. i think this is just music to pruden -- putin's ears. everybody in the military says this is just a vladimir putin, donald trump play. without those people we are nothing. that's what people fear is our military. this is a way to weaken it down. thank you for taking my call. host: making the argument this impact m

dan in bridgewater, new jersey, thanks for holding, please go ahead. >> has a refugee from communism took great -- they were allowed to speak freely and debate them and it was a very productive encounter especially in the 50s but i'm very concerned now that they declared anti-zionism, anti-semitism, very confusing statement. i would like to know what you think of that and what you think of the fate of the president of the student body. >> host: where are you from originally? >> guest: romania. >> host: thank you for calling in. >> guest: so many of my colleagues who were active in the campus free-speech movement and academic freedom movement are like you, refugees from repressive governments, they believe too many americans take free-speech for granted, they never had the experience of censorship. i do very strongly support. the views that are anti-zionist or, critical particular israeli policies, to engage in anti-semitic speech as well as other hate speech. until or unless it crosses over to unprotected threats or unprotected targeted harassment. with respect to the employers not t

jonathan: bridgewater was also around the table.robably gave xi a copy of his book "principles." jonathan: does he distribute books everywhere he goes at dinners like that? tom: another "surveillance" correction, are you going to las vegas? jonathan: we will talk about prices the next hour. to attend and to state in las vegas this weekend and those prices have been crushed. surveillance correction warmer in las vegas for jonathan ferro, 47 degrees. eight degrees celsius. we convert that. we convert that. jonathan: a stellar week of games, really all about tuesday, just demonstrative gangs off of a small prize on cpi. equity features unchanged. from new york, good morning. ♪ dear moms and dads, what you have achieved here today is going to help us and our futures. it is why we're coming up on stage to collect your diplomas. mom, love you always. vo: when you graduate, they graduate. visit finishyourdiploma.org to find free and supportive adult education centers near you. thanks consumers are still spending, and you are getting some r

. >>> programming note tomorrow talking all things china with bridgewater founder ray dalio.ast night's guest list. >>> coming up, house minority leader hakeem jeffries weighing in on congress passing a short-term spending bill and what we can expect in the new year, when we do it all over again. >>> stayun quk box" will be right back. firmness and comfort. your sleep number settings. it's so smart, it actively cools and warms up to 13 degrees on either side for your ideal sleep temperature, and effortlessly responds to both of you. for your best sleep, night after night. and now, save 50% on the sleep number limited edition smart bed, plus special financing. shop for a limited time my family is sacred to me. only at sleep number. it truly is all that matters. i was on a work trip when the pulmonary embolism happened. but because i had the factor 5, which showed i had the genetic mutation, because i was aware of that gene, that saved my life. i would not have been able to meet my new granddaughter. i truly believe i'm here because of 23andme. meet gold bond daily healing. a p