Welcome to Animal Spirits, the podcast that takes a completely different look at markets and investing,

hosted by Michael Bannick and Ben Carlson, two guys who study the markets as a passion,

and invest for all the right reasons.

Michael Batnik and Ben Carlson work for Ritholz Wealth Management.

All opinions expressed by Michael and Ben or any podcast guests are solely their own opinions and do not reflect the opinion of

Ritt Holt's wealth management. This podcast is for informational purposes only and

should not be relied upon for investment decisions. Clients of Ritthold's

wealth management may maintain positions in the securities discussed in this

podcast.

Welcome to Animal Spirits with Michael Ben.

We're going to start with an article on C.N.

This 43-year-old running for president in 2020 wants to give everyone $1,000 a month in free cash

And they're talking about an entrepreneur named Andrew Yang and he wants to give

Every citizen ages 18 to 64 a check for a thousand dollars a month

no strings attached from the US government. Ben what are your thoughts on this?

I kind of like the name actually they called it the freedom

dividend which I feel like if you're going to sell something like this you have to have the

right cashier with it in terms of selling it. Yeah that's a 2.7 trillion dollar

name right there which is not bad. It feels like this is a topic that's

coming up more and more because of the rise of automation and the rise of

tech billionaires and all this stuff, but it is kind of funny to think that the unemployment rate is what

3.7% right now and people are worried about automation but it seems like this is something that

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