Hi there. It is Eric Erickson here. The phone number, if you want to be on the program,

8779-9-373425. You can follow me on social media at E.W. Erickson. You should follow me on

Instagram at E.W. Erickson. And, well, you can always text the word show to 33777 to get the podcast links and the daily email with show notes and all of that.

Now, I actually want to spend a couple minutes on the phones here before I pivot into other stuff.

I'm going to start.

Look, it's the day of the Bob's.

I got Bob and Bob on the phone.

Bob number one, I'm going to go to you.

Welcome.

Eric, this is Bob. Hi there. Yep. Hey, how's your thumb? You know, it doesn't actually hurt anymore. It looks disgusting, but it doesn't hurt. Thanks for asking. Well, listen, I want to thank you, first of all, for your voter guide, for Georgia.

That really helped me with my family. Thanks for asking. Well, listen, I want to thank you, first of all, for your voter guide, for Georgia.

That really helped me with my family.

Oh, you're welcome.

I called you before talking about money, supply, and inflation, but your discussion is pointing about oil.

I wanted to kind of give a little quick background in

oil and economics a very very like 30,000 foot view economics is very simple because it deals with

nothing but scarcity and from that you get supply and demand what's the supply and demand or the

product and you know when you match supply and demand,

you either get price or you get the Q line. Remember Jimmy Carter with waiting in line for gas.

And when we go to stores today, we're really kind of in a pre-socialism era because we have

empty store shelves and Q lines and limited choice. With respect to the oil

companies, the way you look at how successful they are is their return on investment. It's not

...