it s worth came from the gods.the aztecs, the incas, the egyptian,all that had value. the total amount of goldon earth today, that s the total amount that sever been mined in history, could fit in a cube55 feet across. so think about it. it could almost fitin this room, right? that s it.that s all the gold. you could put itin central park. and people would be like, that s all the gold in theworld ever. it s worth $10 trillion. now, how in the hellis that worth $10 trillion? it s a sculpture. i bought alebron james rookie card for a million dollars.it s now worth $5 million. my mom thought i was insane. a million dollarson a basketball card? frickin pokemon cards. if you had acharizard, it s worth like $600,000.it s a social construct. it s got value becausewe say it has value. that s it. so you look at someonelike elon musk. he s createda cult around him, a religion around him. and people, youcan t speak sense to them.
but his argument, and it s a good one. youcan t have free trade with which is progrowth unless china brings down its barriers. opens up its market and stop this technology steel. chris: nobody is saying china isn t to blame. the question is the president s response. as you pointed out, you are a free trader. here s what you said last month when the president announced his first round of tariffs. this was in an announcement, this was real imposition of tariffs on aluminum and steel. tariff hikes are prosperity killers. they are taxes and the ones who suffer most are the users. chris: so should we believe? that larry kudlow or this one? i thought you might run the. i am opposed to blanket tariffs. chris: but that s what the president is talking about. no, he changed his view. we got a lot of exceptions and carve out.
but his argument, and it s a good one. youcan t have free trade with which is progrowth unless china brings down its barriers. opens up its market and stop this technology steel. chris: nobody is saying china isn t to blame. the question is the president s response. as you pointed out, you are a free trader. here s what you said last month when the president announced his first round of tariffs. this was in an announcement, this was real imposition of tariffs on aluminum and steel. tariff hikes are prosperity killers. they are taxes and the ones who suffer most are the users. chris: so should we believe? that larry kudlow or this one? i thought you might run the. i am opposed to blanket tariffs. chris: but that s what the president is talking about. no, he changed his view. we got a lot of exceptions and
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