Well, hello and welcome to understand men now. I'm Jonathan assay of Jonathan assay comm and I'm so excited to be doing this live Stream for you today our topic the four sensual ways to kiss a man to turn them on All right, really quickly if you're brand new to my youtube channel, please if the content here resonates with you Do me a favor and please hit that subscribe button hit the bell So you can be notified of new content and again if the content does resonate with you Please do me a favor and hit that like button because the more likes the more chances this gets seen in the youtube algorithm And also if you could do me a favor share it with a friend as well All right, we're gonna jump right in to the four sensual ways to kiss a man to turn them on now really quickly If you're brand new to my live streams or if you're watching the video I do the content piece first and then I go straight to q&a So when I do go to q&a, I'm gonna ask you to write the word question in the chat box That's for those who are listening live and then ask a question And by the way if you do if you are watching the replay stick around for the for the q&a port It's really some of the best content that comes out of all this So all right, let's jump into these four sensual ways to kiss a man to turn them on now really quickly Why the heck am I doing advice on kissing? I mean to me you need to be talking to a sex expert or something like that This is not necessarily my general area of expertise in fact quite frankly even though I am a dating a relationship coach for mostly for women specializing in midlife Which is after baby making years and before retirement That I talk about more the human behavior aspects of relationships and not the technical aspects of relationships Like how to text a guy or how to get a guy when they break up with you and all that kind of stuff That's not my area of expertise. I'm more the human behavior But I thought this would be a fun one I saw this title with one of my contemporaries and I thought what the heck I'm going to talk about this and share from my own experience so One of and I want to share one of the women who posted a comment before Shared her version of the best sensual way to kiss a guy I want to lead with that and then share with you the four things that I came up with So she shared her favorite kiss for a guy is the upside-down Spider-man kiss, so I thought that was rather cute If I could find a way to do that, I'd love to give it a shot I guess it's possible in some way shape or form. Maybe if you lie on the back of them a Better something but I thought that was kind of fun But I'm gonna put on my trusty glasses because I wrote down my content right here.  We didn't kiss. We just gave each other a hug in fact and there was like a kiss on the cheek and this was some years back and we had planned a second date and We had went to we went for a walk and we went for a hike and we went for a drive And then we changed clothes and got dressed up and went to a nice place to go have drinks and appetizers at this great Ocean view cliffside resort here and there where I live and we're having a drink and and I Guess I said something that really put a smile on her face and the next thing I know she just leaned in and kissed me our first kiss was she leaned in and kissed me and It was unexpected and I loved it I mean, I just loved that she took the initiative that it wasn't Incumbent upon me. I didn't have to worry about getting rejected. I mean men Rarely if a woman reaches in and kisses a guy I highly doubt a man would reject her but we men when we lean in and kiss we can get rejected So it feels really great to have what I call is the unexpected kiss unexpected kiss and well that relationship didn't go anywhere partially there were some distance issues and partially she was coming off of a Breakup and she had a lot of drama going on with the the person that she was in relationship with We didn't bother to go any further after that second date, but that's still to this day I'll never forget how she leaned in and gave what I call the unexpected kiss So I know most men if you do that, it's a thumbs up.  Have you ever done this before? Have you ever tried either the first one or the second one? If you have and you're watching the replay post the comments certainly for those that are on the live chat We're gonna get in to some of this nitty gritty in the second Okay, now I told you in the title number three is a biggie one. In fact, this is my all-time favorite So and I'm just sharing with you my personal thing, but man This is where I Recommend just tiny biting him on the lip just a little bit with your teeth I think most men will find that very sexy I know I do when there's that little bit of just a little bit of just roughness I mean, it's ever so gentle, but it's just a little bit of a sensual Sexual kind of way of approaching a kiss and I can tell you that most men will appreciate this In fact, what's interesting to me in the dating realm is most humans don't Savor this the true sexual aspects of the relationship now interesting up the hyper focus on sex, but I said the Sexual not sex portion. Well, let me reframe that rewind everything I just said men and women I think appreciate the Sensual way of approaching the physical aspect of a relationship and a lot of people are Robotic in the way they approach dating their robotic in the way they kissed their robotic the way they are in the bedroom I mean in fact probably most people are ridiculously robotic and not very Sensual this is why if you want to read a really great book I'm going to introduce a new book right now. The book is called intimate communion by David data intimate communion by David data Now it says awaken your sexual essence. I love I've read this book And I feel absolutely in love with it and this is advanced ninja level, you know personal development type work in the area of sensuality so And by the way folks I recommend a variety of different books in the area of human behavior But I also recommend other books, which I'll be sharing another one shortly that to really To really make you a full Row-wounded well-rounded human being especially in the area of dating mating or relating and so we most humans are so hyper focused on what they do for a living and their basic survival needs in life And the real root rich juiciness of life is through Sensuality through eroticism and that sort of thing This is one of the reasons why if you're not familiar with the work of Esther Perrell mating in captivity I would start following her on YouTube because she says one of the downfalls in most Relationships is erotic desire is erotic desire That couples have been together for years just become so robotic in relationship and they stop desiring each other on a real Sensual basis, which is why I'm recommending these books Just to begin with them why I'm doing this this you this live to talk about something which I think is kind of sexy Okay, and the fourth and last one for today's video Let me see what I wrote down again here Oh, so this is actually came from the movie weird science weird science Does anyone know the movie weird science weird science? There's a scene. This is where two guys invent a woman to young kids with their computer a vet basically did a Frankenstein version of creating their own woman and And there's a long story, but there's a scene where The the young man is kissing and the actress is Kelly LeBrock and I'm boy that I have a crush on her back in the 80s And she's and when while he's kissing her she grabs his butt She grabs his butt and pulls his body closer to him She grabs his butt and pushes her body closer to him like that real kind of pushing in while they were kissing while they were kissing that is that is very Essential and very erotic to pull a man's body closer to you when you kiss And I can say that as a man I've experienced I love it And I'm sure if there are any men watching this They'll probably agree that they would love it when a woman grabs his butt and pulls them closer to them pulling that Energy closer to one another that's very sensual very erotic And it's certainly a great way to shift from this Robotic way of people doing things I think once you become too familiar with someone a Relationship becomes I continually say the word robotic robotic robotic This is one of the reasons why I highly recommend checking out the book by Barbara D'Angelo is called making love all the time Making love all the time and this is really about creating True intimate connection with someone True intimate connection with someone because most people today are just Winging it. They're just they're they're dating life for those in midlife They have no effing clue how to create real connection with another human being. This is one of the reasons why I Recommend so many of these books by the way, there's a link in the Jonathan description Jonathan Recommend in the description below where Jonathan recommends I recommend all these books along with my book what the heck is self-love anyway What the heck is self-love anyway, we'll talk about that. I'm sure during the live stream today So just as a reminder the unexpected kiss the come close and so slightly pull away Kiss the bite his lip, which is my fave and Number four grab his booty while you're kissing. These are four sensual ways to turn a guy on All right I think this is a great time to get started with our Q&A just a reminder if you want to ask a question You can purchase a super sticker on this on the live chat You can do a super chat on the live chat and post your question there All the proceeds if you do purchase a super sticker super chat goes to a goes to a fund That I'm creating for a foundation for my son Connor those who know me know that my son There's a picture of him right there and a picture of him there my son Connor passed away a few years ago And I plan on Beginning a foundation where the funds go to support those who want personal development in their life in honor of Connor So those that purchase those super stickers serve a chest That's what the the goal is is to put together the foundation All right Just as a reminder write the word question in this in the in the chat box and then post your question there I'm going to scroll up to take a look if anyone's asked a question And bear with me. So we're gonna get started. I Want to stay high to I am the prize grace. I am the one Jane Michael Grace Jill so I don't see any questions yet.  That's a great example I can't stand women that slobber when they kiss or I can't stand women This is just a personal preference. I should say that it's just like it's like a it's like a dead fish I don't know how else to describe it. That sounds terrible, but I you know, there are I think there should be some classes on kissing Especially sensual kissing. This is one of the reasons why I highly recommend reading books that are centered around Sexuality David data does a lot of work on that as well as others a lot of people think they're good kissers But in actuality, they're not oh and lastly, I don't think I could kiss a woman who has duck lips I think it might seem attractive, but I just can't get past women who have duck lips. That just grosses me out. So Which means I'll probably fall in love with a woman who has duck lips, I'm just kidding, but nonetheless Thank you for sharing this event. I really appreciate that Alright, let's see if we have any questions again Just as a reminder write the word question and then post a question it can be on any topic I do want to dive into one conversation though I think is critically important to discuss and That is I want to listen.    There's a big percentage of the population.  I don't subscribe to that.  Let me repeat that a Significant number of women are operating from the from this place of I need you to love me So I can feel good about myself and that's why you're hunting for a relationship.  This is why I wrote my book What the heck is self-love anyway? It's a journey of personal development self-help and spiritual work So you can be ready for a great relationship in your life But then I recommend a lot of other books because most men are rather dysfunctional When it comes to the dating process, they're not bad guys They just lack the skills And I know you're all hunting for that that one percenter guy that what are that two percent or three percenter Who's got his shit together? He's handsome and he knows what he wants and goes after it Here's the reality ladies and gentlemen Most humans are suffering on the inside in some way shape or form centered around not feeling good enough feeling unloved or not Feeling likable and this is why they're out in the dating realm because they want Connection they want connection and they want sex, but they're not capable of going into any deeper intimacy So stop buying into the bullshit rhetoric. You're hearing from others. I'm not here to scare you I if anything I want to scare you into loving yourself because it doesn't matter whether or not you have a man in your life It's not about landing the guy. It's about landing the relationship within yourself because as Esther Perel says The quality of your life is predicated on the quality of your relationships and the most important relationship in your life is with yourself So I'd rather you hyper-focus on your own Sovereignty well-being self-worth self-esteem self-confidence So then when you do meet a great guy, you can just take off Now, how do you meet that great guy? It's not about how do you meet him? the real question is how do you vet him and I teach this in my private coaching centered around Pre-qualifying your prospect you have to pre-qualify prospects and if you need help with that check out the link in the Below that says free discovery call with me to see if working with the coach is right for you My job is to teach you how to pre-qualify your prospect. So you're in debt. I'm spitting So you're investing in a man who's is compatible with you and then if you have chemistry Take off All right All right, let's see. I see some questions in the board. So let's get started Um, bear with me. Oh I just want to thank that gadget girl. Thank you so much for that super sticker. I really appreciate it That goes to the conner fun. Thank you so much Ms. Jenkins says what are duck lips?  That's just such a turn off to me. I can't speak for anyone else But I can only speak for myself um question from sb How to tell a how to tell a shy guy is a trap how to tell a shy guy is attracted to you If he's too afraid to talk to you He checked me out today smiled when I acknowledged him. Also. He only talks to a few people so how to well How to tell a guy. Oh, so what you want to say is you're interested in him. I guess that's the real question I want to share a story. Um, I remember Um, this was some years back on this is got a decade or so ago. It was uh Uh What's the Cinco de Mayo. No, it was uh, say patrick's day. It was sat I'm at a bar with a couple friends. It wasn't it wasn't it was one It was a restaurant. So it wasn't like a wild party And I could see a woman sitting with a couple girlfriends in the table across from me And she could see me and I could see her and she could you know, we could see each other So I'm staring at her for an hour. I was so afraid to walk up to her and just expressed that I was interested I was totally shy.  Believe it or not By the way, my copy mug says swear a little you'll feel better So I finally got up to the nerve to talk to her But as I talked to her I my first question is how old are you and I know that's not a question to ask But she looked a little bit younger than I thought in the beginning and sure enough She was like I'm in my mid 40s and she was 29 and I'm like, do you want to have children? She said yes, and I go I don't so I want to wish you well All right, so I just wanted to share that story I'm going to tell you guys feel afraid. This is one that feel afraid and And the truth is this is one of the reasons why we identified Something years ago called and this is a hank. This is a napkin. By the way, this is what the napkin says But something called dropping the hanky dropping the hanky ladies I highly recommend with men men can be incredibly afraid to walk up to a woman They like so what you want to do is somehow dropping the hanky. I remember one of my female friends She was at a bar once and she threw an ice cube at a guy that she liked And she he went over and said why did you do that and they started a conversation?  That's my suggestion and I hope that help sp Thank you so much for your question. All right, that girl wrote that gadget girl work. Are you a gadget girl? I am a question. I am in an age gap relationship 44 and he's 55 is it considered wrong to be the one who doesn't sit back and wait And be the one who is very quick. Let me read this Is it considered wrong to be the one who doesn't sit back and wait and be the one who is very very Who is very are for are about what they want?  Absolutely, let me tell you what a standard is a standard is knowing what you want So for example, I know my standard in relationship and let me share it with you all If you watch me long enough, you know, I'm in I'm going to say this really clash This is my standard I'm looking for a relationship where we spend three or four days and nights a week together doing shared activities hobbies mutual interests spending time with family and friends traveling together Helping each other in our personal and our professional life from a partnership perspective Intimacy, which is both emotional and physical intimacy that leads to either living together or getting married That is what I want. Okay That's my standard. I express that very early on and I Approach the relationship process from that standard I'm here to suggest every one of you to establish what your standard is Now that means what do you want in relationship? Now ladies? I study this stuff every day I study these books for example I highly recommend before you come up with your standard to read this book Eight dates by dr. John and julie gotman eight dates by dr. John and julie gotman This is going to help you understand what you really how the mechanics of a healthy happy relationship works the mechanics of a relationship Remember I said earlier most people are winging it. They have winging it.  Listen most dating advice is centered around attraction. It's all the first Three dates. It's all centered on how to gain attraction. Well, that's great Okay for three dates, but then what are you going to do to make the relationship work? I want to recommend reverse engineering it Think of what makes relationships go wrong and address those issues Before you ever get too deep and that includes Compatibility and I got to tell you ladies I I have listen I've been a dating coach for decade plus now. I have over 20 000 hours of coaching I also have 3 000 hours of personal development work, which includes workshops trainings I currently have a neuro linguistic certificate Behavioral certificate and I'm currently getting my cognitive behavioral therapy certificate. I've done a lot of work I don't say that to impress you.  So what are you going to do once he claims you and he's emotionally unavailable? He doesn't have the skill sets to drive the relationship and he's going through traumas and other things of your life It's more important to learn how to pre qualify your prospects Because any any time you're on an app. Okay, you're on an app here. Let's pick an app Let's pick an app. There's bumble. There's match. There's the league. There's tinder. There's hinge just to name a few There you know, if you don't pre qualify your prospect, here's what's going to happen You'll invest in dating You'll you'll get have if you have chemistry you'll drive you'll you'll allow chemistry to drive the bus only to find out You're not compatible with one another and then what happens You're emotionally devastated when the relationship doesn't work out. This is why it's so important to pre qualify your prospects And that's what I do as a coach. Check out the link below Okay, um that girl. I hope your help know your standard meaning know what you want all right Um oops So let's see what else clean your mouth and freshen your breath. I hope that wasn't meant to me um that That girl you should do what you feel compelled from your inner soul to to the hell what what anyone says or thinks I think that was response to a comment. So let me take that one out. Thank you so much though grace um All right, if there's a question you have post the word question and then write your question out I know there's a lot of people in the chat. Oh and vaughn. Thank you so much for the super sticker. I really appreciate that Annette post Oh, by the way, uh, Anna if you do post a question feel free to write the word question so I can find it All right, Annette writes. I have done I have done the four styles of kissing and love them all So if someone is not a good kisser, maybe that's that relationship has no future a good kiss for me Is the connection of souls? You know a lot of people say you can you can determine the quality of a relationship by the way two people kiss First off, I don't think you could predict the quality of relationship You might be able to predict the quality of the sex But believe me kissing is only one version of that when you get to midlife You got to deal with a reptile dysfunction. You got to deal with metapods. You got to deal with is there estrogen load or People's hormones go up or down. There's certainly if there's still people on their cycle There's a lot of different things to consider from the sexual Perspective versus the kissing perspective. So I don't think it always goes to You know how someone kisses is a reflection of how they are in the bedroom and vice versa Maybe they're bad kissers, but maybe they're great in the bedroom. Maybe the guy knows how to use his Just the thought or maybe maybe a good kisser knows how to use his tongue and that's a good sign You know, it's a crapshoot the truth is you can't predict it all until you've experienced it That's why here's the thing about dating mating or relating It's not a destination It's a journey and the journey is the journey to self That's the most important journey in life is the journey to self. This is one of the reasons why I highly recommend this book The untethered soul by michael singer the untethered soul by michael singer. This is my bible This is the book i read regularly over and over and over again. Let me put it up again untethered soul by michael singer All the linked books are um, by the way, if you're watching the replay pause it then check out jonathan recommends books so Why I recommend this book is that it's such a great book to get to know Who you really are on the inside out when you get to know who you are on the inside out You'll attract someone who's more like who you are as well I know this has nothing to do with kissing and that but i'm just going off on a tangent because that's what I do And I and the thing is I I do believe It's great when two people are two good kissers, but I'll never forget. I had years ago Well before my significant relationship I went out with a woman who was not our first kiss was rather flat But we liked each other and we kept going at it and by the way when we got in the bedroom It was like an oh my god moment It was like wow and the kissing chain some people are a little bit nervous in the beginning That's why I don't always judge things by the cover in the beginning You got to kind of open the book and sometimes you can be happily surprised and sometimes You know what it is what it is. They're bad kisser and they're bad at other areas of their life I get it, but you know what you just got to go with what your heart says And what I mean is your intuition your intuition and a lot of times the ego blocks the intuition That's why reading the book the untethered soul will give you oh as well as this book Now I only have the cd version but return to love by Marianne Williamson is a great book to learn How to dismantle the egoic part of who you are and how to connect with your heart How to let go of the egoic part and how to connect with your heart So that's what I recommend. Thank you Annette for a great question. All right, let's see what we got here Um Okay, if you have a question post the word question and write it out um Hi back Christina. I appreciate that Oh, so Adina writes I have a killer move.  I love that. Well In fact, I would like that right now If you have a question, it doesn't have to be sex related. Okay um Let's see what other questions we have Colleen says I love your personal shares. Can you please talk about recovering from codependency? You shared this once. How do you track the progress? Oh my god. What a great question So really quickly I want to identify a book So I'm a recovering codependent. I'm a recovering codependent. What that means is there's different levels of codependency But for the for me it was I need you to love me for me to feel good about myself That's a codependency. That's an example of a codependency. I need you to love me so I can feel good about myself So I operated for the longest time from the place of I need a relationship. I need a relationship. I need a relationship. I need a relationship. I need a relationship But what was interesting is a codependent will attach themselves to the first person they meet I was desperate for a relationship, but I didn't attach myself to the first person that said yes I actually still have this this part of me that wants the right partner. So Thankfully, I wasn't just saying yes to every because I could I could be in I could have had 30 Relationships since my last relationship ended I'm because I practice what I preach about pre qualifying your prospect. Now with that said, how did I get there? Well, one thing is I had to learn to love my own company Let me repeat that I had to learn to love my own company. Now, here's the thing My significant relationship ended going on almost four years ago And actually my my girlfriend was we had a beautiful conscious uncoupling And my birthday was about a month after we ended our relationship. She gifted me the Hoffman process The Hoffman process and if you're not familiar with the Hoffman process, here's the book But I did the live eight-day retreat Now what happened at this the Hoffman process? This is the book version of it. But during this eight-day retreat I experienced what it was like To feel what it was like to be wrapped in a blanket of self-love I cannot begin to tell you how I dismantled my negative patterns my limiting beliefs that were centered around My childhood wounds and traumas my childhood wounds and traumas. This is an eight day 12 hour a day Intense working on your shit Literally in one week. I got Two years worth of therapy. I want you to think about this if you went to therapy once a week for a year That's 50. That's 50 therapy sessions. Okay. I literally god dang it. My pants are writing up my crotch again excuse me so um, so I had two years worth of therapy in one week And I I knew what it felt like to wrap myself in a blanket of self-love. Now. Why is that important? so then going on My mother passed away a few months later and then sadly again my son whose picture there passed away And I didn't feel like dating and what I began doing was dating myself It's when I began writing my book what the heck is self-love anyway This is why I'm such a big proponent of doing personal development self-help and spiritual work on a daily basis By the way, do you like the heart? Has anyone ordered my book? Please let me know so with that said Is I was able to heal my codependency by learning to love myself by learning to love my own company In fact, I will say I'm almost at the other end of the pendulum which the book untethered soul talks about is I almost love my company too much In fact, I wonder if I'm even capable of being in a relationship right now because I I really do love my company And it's going to take a leap of faith. It's going to take a really special person To not to really want to dive into deeper intimacy and what I mean by a special person She you know, not only do we have chemistry, but we share the same values I've gone out with lots of women our values are different Or someone's whose lifestyle is compatible with mine. And then lastly, are they an emotional grown-up? And I can tell you men and women alike are stunted at an emotional level. In fact, let's think about this 50 percent of marriage is end and divorce 65 percent of second marriage is end and divorce 100 people are going to have a first Excuse me 100,000 people in the united states will have a first date come friday night And less than one percent of them are ever going to go the distance Less than one percent of them go the distance. I mean the true distance. It's probably less than one tenth of one percent Five percent will end up in a relationship that will last more than a couple months And so it's because they don't know they're not doing the personal development work So they can actually be mature in relationship And this is men and women alike. So to answer your question I've been doing a lot of work on myself which helped me heal this need of I need you to love me So I can feel good about myself and it took loving my own company to get there Thank you for that question coley and I really appreciate it and thank you for allowing me to share I hope it helped. Please let me know Okay, let's see if there's other questions. Again, if you have a question, please write the word question and let me know Jane writes, I love my company and I know that my boyfriend loves his maybe that is why we hardly see each other Okay, so I guess the question is Know your standard remember when I said standard because for me I want to spend three or four days and nights a week together doing shared activities hobbies mutual interests and spending time with family and friends I know my standard and my invitation is know what you want if you only see each other Hardly see each other. Is that the relationship you want jane? And it's not because you love your own company. There's probably some other factors going on There's probably distance involved. Maybe your lifestyles aren't compatible. Maybe you don't share the same values Or maybe you're not emotionally mature One or both of you. I'm here to suggest to you Learn your standard on what you want and then invite him into that standard And then see if you guys can work on a relationship based on that. That's my invitation for you Jane, thank you for that great question. I really appreciate it Okay Adina writes I went on a great date last week great kissing and lovely time He invited me to go out again, but we couldn't but we couldn't confirm a time He has barely texted since then and I don't know why any advice Okay, let me read that again. So last week great kissing Hmm So here's my advice Reach out to him and say hey I'm gonna be in your neighborhood on Friday. You know, I'd love to get together with you and take you out What works best for you seven or eight o'clock?  You can tell me what happens shoot a message ask him out And if you don't feel comfortable with it, why? It's not a man's job to drive the bus. It's a relationship The dating process should be a two-lane street. You're both traveling it together It's okay for you to ask him Okay, make the effort and see what happens. That's my suggestion Um, and you know what? And he might be that he thinks you're not interested in him. So give it a shot and see what happens That's my suggestion. All right Monica right. How do we pre-qualify wanting a person who has who has done? How do we pre how do we pre-qualifying wanting a person who has done the Hoffman process? I'm not understanding this question or you mean You simply ask the question. Have you done the Hoffman process? If it's you want your guide to do the Hoffman process Maybe it's something you I would not do a Hoffman process with someone that you're in relationship at the same time Do it at two separate times Okay, but or invite him by the book and give it to him or buy the book and read it yourself. Does this help? I hope so But yours is a tough one for me to answer. So um All right, Keith Ann writes. Oh, I've never heard the name Keith Ann. That's kind of interesting How do you how do I deal with the 25 year old single daughter of my guy? Whom I feel wants to compete with me for the love and affection of her dad. This is a trigger of mine so First off you don't compete. It's not your job to compete and it's not your job to compare One of the killers in relationship Is comparisons in competing now? I think the real question is how do I dress my daughter? How do I address the relationship my my boyfriend has with? um Their daughter and that's a very complicated one as a parent recognize that some people Hyper focus their attention on their child because they might feel guilt Especially if it's a divorce they might feel guilt or they might just have an attachment to their child That might be an unhealthy attachment so The thing is is more focus on your relationship and to the extent that if the child is involved at the point You two start doing activities together with children Spend time with the child now the child may not like you. That's a challenge Okay, um, and that's going to affect the relationship, but my question is I highly doubt A man who's emotionally mature has a child who's going to be in their ego like that I suspect there's probably and this is just a projection on my part, but i'm putting it out there I suspect he may have some issues that you're not aware of because anyone who hyper focuses out of guilt Or some other need he has issues with himself or By the way, I've been with women who do the same thing I've had the flip side With women and I can tell you it's always been at least from my projection or perception I put both of them in their projection and perception Is the woman was most likely emotionally stunted or immature? So my invitation for you is don't focus on the daughter Focus on him and see if you two are aligned. Do you share the same values? Do you have lifestyles blendable and lastly determine his emotional maturity? And if you need help with that schedule a discovery call with me, that's what my by the way ladies When you schedule a discovery call, it's just to hear about the coaching I don't teach you what you need to learn. You got to hire me if you want to learn the juicy stuff I teach you the basic Look at I teach you a lot of stuff That's the iceberg above the water if you want to go deeper than the surface That's where you got to hire me. That's what I do for a living I give you all the the important surface stuff But if you want to go deeper to pre-qualify your prospect, you're gonna have to hire me And that's my invitation for you. So keep then I hope that helped I would pre-qualify him rather than focusing on the daughter All right Okay, jennifer says I'm exhausted from dating and meeting passive men Jennifer I can relate. I am exhausted with dating and meeting passive women. It is very exhausting to But here's the challenge. It's like a friend of mine says Love is a risk, but it's still the best game in town When you actually learn to love yourself You don't get exhausted. I mean you might feel temporary exhaustion temporary exhaustion You might be temporarily judging passive people But when you genuinely love yourself you think of the big picture is it's not about getting the person It's about loving yourself and the dating process is just as part of the ride I've had situations where I've had terrible horrific dates that were incredibly painful I've had terrific dates that never went anywhere And I look at each experience as an opportunity to love myself And that's my invitation for everybody is to stop focusing on the destination And appreciate the ride Buddha says all suffering comes From the attachment to an outcome. This is why I highly recommend this book If the Buddha dated if the Buddha dated the subtitle a handbook for finding love on a spiritual path I can tell you if you read the books. I recommend And say to yourself, you know what it's okay if I don't meet my guy because I have a great relationship with myself And what's gonna happen is a great guy will show up So instead of focusing on what's wrong focus on what's right and what's right Love is a risk It's still the best game in town and what I mean is a romantic partnership is still the best game in town So that's my invitation for you from my perspective and I hope that share helps you as well, jennifer Thank you so much and I get it by the way Sable mindset says what do you do if on each date? Out he gets his son with him So I think I'm assuming the question is what to do if on each date he brings his child with him That's not really a healthy way To now if you're at a soccer practice and you're at with your child or something you connect with someone I mean that's not really a date But if someone has to bring their child with them It's hard to truly get to know them at a deeper Emotionally intimate level because you can't speak as adults when a child is in the room So I'm not a big proponent of that and I wouldn't want to date So I wouldn't want to date a woman who brought her son with her every single time that would be That I just wouldn't be turned on by that and I wouldn't want to do that and I hope you feel the same That's just my opinion on it Denise writes I agree having expectation attachments to outcome can lead to pain love yourself first exactly that's exactly it and folks, this is why I'm such a big proponent of doing Reading all the books I recommend because when you've read all these books Like I have I've let go of my codependency. I've let go of my attach my anxious attachment style If you're not familiar with the book attached by amir levine and rachel heller I highly recommend understanding attachment style because when I could let go of my anxious attachment style I'm free to actually explore a relationship at a deeper level I'm free when you learn how to let go of your attachment style And then to follow up on that is understanding what's known as the amago the amago You have to read this book getting the love you want by harbell hindricks and hell and hunt This is our pattern and it's so funny. I got an email just before this live stream From a woman. She said jonathan. I can't stand it that you recommend all these books But I just decided to she bought this book I decided to buy one of the books you recommend reluctantly and begrudgingly And she said I read the first chapters and she said, oh my god I learned so much about myself in just the first chapter two chapters of this book She goes you are a godsend jonathan. Thank you so much for Like literally I hit people over the head read these books read these books read these well read this book first, okay By the way, there's a link to my book in the description By the way, there's another book I want to recommend in a moment But why I'm recommending all these books is if you want to change your life from the inside out Most of you are so struggling in relationship because it's outside in you want men To find a way to make you feel good instead of learning how to feel good and then attracting a great guy And I know many of you you are Look at the ego is insidious It creates an illusion around us that we're so Emotionally healthy and I can tell you that 97 percent of the male female population is emotionally Stunted especially in the area of their individual spirituality And if you want to go to ninja level learning I mean what i'm about to share with you is ninja level learning But there's a great book by jeff brown called grounded spirituality grounded spirituality now This is a thick book. I bought the book and I bought the audio version I listened to it at the same time while I was reading because this is this stuff is deep This is like next gen.  I recommend and I definitely recommend jeff brown's book grounded spirituality. I hope that helps all right God bless you.  Well, I'm not kidding. I've done that but yeah, sure You know you can I think you know what let's stop this by the way when it comes to dating Most dating is that surface above level the iceberg, right? Let's go deeper. Yeah. Just say hey You just tell a guy. What's a sensual kiss type of kiss you like just be curious Be curious and ask Ask curious questions. It's absolutely okay to ask Unusual curious questions because you never know what may come of it. You might bond in asking a question like that So I think that's a great question to ask so go for it Okay, um, ooh Cecilia, let's get that one We have a hundred mile between us we talk and text every day and he calls me Nightly before we go to sleep Before without fail we date in person whenever we can he cares for his 88 year old mother. What do you think of us? Okay So let me just tell you ladies something and listen up and really pay attention Men do not bond over the telephone. Men do not bond over the telephone We might express our problems. We might share our stuff with a woman over the telephone But that's not how we bond with you. How do we bond? Social activities hobbies mutual interest spending time and family and friends traveling together. That's emotional and physical intimacy The telephone is not emotional intimacy. It's just it's like you're basically his therapist Okay, that's what the telephone time is. It's like talking to your therapist That's what men want femininity because we can't talk to our male friends about our problems So if you're incessantly talking on the phone, he's not bonding with you You're bonding you have bonded beyond belief most likely So there's an imbalance you bonded and he hasn't bonded at all Until you actually spend a minimum of 100 hours of face-to-face time in roughly the first 30 to 60 days of dating roughly the first 30 to 60 days of dating that 100 hours of face-to-face time is level one bonding Level two bonding is that deeper spending time with family and friends doing activities traveling together That's where the next level of bonding Happens so to answer your question. What do I think I think your chances are ridiculously slim And without a game plan of how you're going to take 100 miles to like this If you have no consciousness around that how to make that happen This is just simply what I call a cyber relationship. This is a virtue.  They did shit together right from the very beginning So ask yourself What do you really want in relationship because here's the thing if you're like me Three or four days and nights a week together doing shared activities hobbies mutual interest spending time with family and friends Traveling together team working build both in our personal and our professional life emotional and physical intimacy together I don't want to wait weeks people people that do that Oftentimes choose those relationships because they're at least having something is better than nothing I'm going to repeat that manner and by the way the guy could be sleeping around with 10 women for all you know That's the other disadvantage of long distances. He's not spending time with you. Where is he getting his sexual needs met? Maybe there's a friend with benefits around the corner. You don't know about That's one of the reasons why spend face-to-face time together. That's my recommendation for you I'd like to hear your thoughts on that. Please. Let me know All right, denise writes jonathan Are you the only man that worked on personal development? No Laugh out loud.  I need hope. Okay. Great question. Denise So when I did the hoffman process Okay I was shocked when I got there. There was 40 people 21 men and 19 women. Let me repeat that 21 men and 19 women I was shocked. I thought I was kind of hoping it'd be all women because I love to you know be around all women I I've been to the I've been to an abraham hicks seminar if you're not familiar with abraham hicks It's the law of attraction in los angeles. I can tell you out of 1,000 people there was easily 500 men if not more. Okay. I've been to insight insight Insight is in los angeles. Well, they're all over the world insight When I went there and I did first when I did the hundred when I did the insight one there was 125 people easily 50 of those people were men. I did insight two Half men half literally half men and half women and I did insight three half men and half women Men are doing personal development They are if you want to meet men that do personal development Then hang out with people who do personal development because I can tell you a lot of men do personal development I'm shocked always because I I would think women do it But believe me and if you go to a tony robbins event It's going to be easily 50 60 percent of men, but that's usually because men are trying to heal their business life and not their emotional life So and then there's some workshops for men and there's some workshops for women I can tell you there is plenty of hope And uh, by the way a lot of people hook up at these events whether it's hoffman or insight or whatnot So if you want to check out where they are start going to personal development events And now that covet is kind of starting to become less Impactful here in the united states you can go out and meet people that way That's my suggestion start hanging out with personal development people great question there danice. Thank you all right Well, we're going to take grace's question as our last one. I told the man i'm dating I dreamed he was kissing me and woke up feeling awesome. He got quiet was I too bold You know if a guy got quiet Either a he's not that into you Which I'd be shocked.  Maybe he just he's I'm I'm sorry to put it this way But if someone said that to me it would be a total turn on I would just lean in and You know, I would just go I would do pda right then and there if that happened Um, so it might be that he has some emotional issues that he feels uncomfortable with receiving love He feels uncomfortable with receiving love because what you did was sent him love and he couldn't receive it I want to tell you something one of the challenges with most men and women is they have a difficult time receiving love Men have this issue and women have this issue This is one of the reasons why people prefer to be in control They they want to control the outcome because they have a hard time receiving love This is why doing all this personal development work Helps to be able to receive love because most people have a hard time Either they're givers or they're takers, but it's not about being with a taker. It's about being with a receiver This is why when I say a relationship is a two lane street It's giving and receiving receiving and giving giving and receiving giving and receiving receiving and giving A lot of people are givers and they choose people or takers But the oftentimes they they're either takers or they're rejecters like what he did is reject because he's incapable Most likely of receiving love. That's just my interpretation based on the question. That's not an absolute. So I hope that helped All right Well, I'm scrolling through to see if there's any other questions if you have a question post the word question Well, you know what it's an hour now and I've got a telephone date I've got a I've got a phone date coming up.  He'll pursue a kiss The bite his lip. Mmm. God. I love that Along with what was the uh, well, of course and then fourth is grab his butt The body while kissing, you know push that body together Um And of course if anyone could do the spider-man kiss, that's great the upside down kiss Folks, I want to thank you so much for allowing me to come into your life today I really appreciate those who are on the live stream live and certainly if you've gotten this far to the recording I want to thank you from the bottom of my heart. I try to do live streams three times a week monday wednesday friday Four o'clock pacific coast time on monday and wednesday and three o'clock on pacific coast time on friday I do my best to meet up that schedule So this would be a great time to wrap up this uh live stream first off I'm gonna give myself a big gigantic job the bear hug of self love I'm gonna reach into the camera and give you a hug of love if that's okay I'm gonna ask you to turn to someone or a pat or a teddy bear pillow and give it or them a hug of love Because hugs are a great source of love and let's face it. We could all use more love in our lives Thank you from the bottom of my heart and wishing you a super duper wonderful day. Bye. Bye now


What do you think are the greatest needs of the people in Nigeria? Yeah, the greatest need of people in Nigeria is the people in Nigeria really need the good media. Because when you are thinking, the body is down to the level of development, the body is down to the level of economic stability, the body does many things, such as education, security, everything. The level of terrorism you see in Nigeria today is the result of the kind of leadership you have. Are you worried about the future of Nigeria? Yes, I'm not worried about Nigeria because of the way it's going. The problem we are having in Nigeria today is the problem of leaders. Because we don't have good leaders, I'm sorry to say this. Many of them initially want to go for positions, some of them have good intentions. But I want to let you know that a tree does not make a forest. By chance I said a tree does not make a forest.


Okay, I think we'll declare it four o'clock and begin the lecture, my last lecture, that's entitled Hayek and Freedman, Head to Head. And I want to make a few points before I start looking at slides today. And that is that many Austrians have a love-hate relationship with Milton Freedman. And so I want to start by telling you about the love part, okay, because I'm one of those Austrian economists who have a love-hate relationship with Milton Freedman. And what we can notice about him is he's just an extremely good neoclassical microeconomist, and he can put his skills to good use there and has them for decades before others had. I'll give you several examples. The issue of rent control, which today sounds like, well, everybody knows about that and they know why it's a bad thing. But in the 1940s, they didn't. And Milton Freedman wrote a paper against price ceilings for rental apartments in New York. And he was taken to task for it virtually by the whole profession, so he was sort of standing alone on that issue. But he persevered with it and others. He wrote an article called roofs or ceilings, or ceilings, meaning that you could have a roof over your head or you could be subject to rent ceilings, in which case you wouldn't have an apartment. So roofs or ceilings. And he published it with the Foundation for Economic Education. He also went after early on minimum wage legislation, arguing that that hurt the very people that it was trying to help. Of course, most economists understand that now. Not too many did at the time Freedman was writing. And especially significant, he spearheaded the move to eliminate the military draft. This was in the late 60s and prevailed. And I only have one big complaint about that. And that is he didn't do it in quite enough time to save me from the military, okay? So I served my four years. But I applaud him for having accomplished that. Now that's neoclassical micro. Macro is a different story, especially as it involves the business cycle. And you could guess, and you've heard my other lectures, that that's going to be one of my focuses in this lecture. Let me start here. I'm going to start with just the issue of levels of aggregation. All macro economists aggregate to one extent or another. And it turns out, here's a statement that's a bit of an overstatement, but just barely an overstatement. And that is that your aggregation scheme is your theory. Well, not quite, but almost. And this was, this is something I got from Axel Lehenhoefit. And what he meant was that as soon as you spell out the aggregates with which you're going to build your theory, you are already at that point suggesting that nothing going on within the aggregates has any claim on our attention, while relationships among the aggregates is going to tell us all we need to know. Well, that's almost wrong in all cases, or at least in many cases. And if you choose an aggregation scheme that won't quite get the job done, then you're cooked from the beginning. So pay attention to aggregation, and it's especially true in textbooks. The first chapter or two, it's like a throat clearing paragraph to tell you what the aggregates are. And so you buy that hook, line, and sinker before you go into the next chapter and you never recover because you don't understand why things are turning out so perverse. Well, it's because you chose the wrong level of aggregation. Now I'm going to look at the several, this is about Hayek and Friedman. And yet Keynes always intrudes, as he does in this particular case too. But look what Keynes says, actually this is simply my own summary of what he does, theorizing at a high level of aggregation C plus I plus G. John Maynard Keynes believed that market economies perform perversely, especially the market mechanisms that bring saving and investment into balance with one another. Seeing unemployment and resource idleness as the norm, Keynes called for counter-cyclical physical and monetary policies, and ultimately for a comprehensive socialization of investment. That last phrase in quotation marks is directly from the general theory, from his chapter 24, that's the last chapter in the general theory, and Keynes' supporters argued that Oh, Maynard was just flying his kite, no he didn't really mean that, meant something else. I don't think so, I think he meant a comprehensive socialization of investment. That's Keynes, okay, look at Friedman, Friedman, Milton Friedman's monetarism was based on a still higher level of aggregation, he's going the wrong way, okay. The equation of exchange, that's mv equal pq, money times the velocity of money, that's the frequency with which it turns over, is equal to overall price level times the output of the economy, quantity output. So mv equal pq made use of an all-inclusive output variable q, in other words q is the output of consumption goods and the output of investment goods, so he's just put those things together, called it q, and so you don't worry about how much of it is c and how much of it is i, investment. That puts into eclipse the issue of the allocation of resources between current consumption and investment for the future, let alone the eclipse of stages of production that are differentially sensitive to interest rate changes, and yet he's a microman, he knows microeconomics and he thinks markets work, he knows market work, so seeing no problem emerging from the market itself, Friedman focused on the relationship between the government-controlled money supply and the overall price level, that's really his whole research agenda, to see about movements in prices and the money supply, what causes what and so on and looking at different countries, he sort of rehabilitated the old quantity theory of money, didn't invent the quantity theory of money, it was part of the old classical system, but it had gone out of disfavor, especially with Keynes, and Friedman brought it back, well okay, three chairs, well maybe two chairs for him, for doing that. Okay, now Hayek, I can summarize and you can see that it's what I've been talking about, capital-based macroeconomics is distinguished by his propitious, I like that word, disaggregation, which brings into view both the problem of inter-temporal resource allocation and the potential for a market solution. Hayek shows that a coordination of saving and investment decisions could be achieved by market-government movements in the interest rate, he also recognized that this aspect of the market economy is especially vulnerable to the manipulation of interest rates by the central bank. So that sort of shows you the characters here, now contrasting methods, first was Maynard Keynes as exposited by Alan Meltzer, who wrote a book on Keynes, Meltzer is a monetarist himself, but he wrote on Keynes, and that was a good combination there, his writing on Keynes, but listen to what he says, and he's right, I'm convinced of that, Keynes was the type of theorist who developed his theory after he had developed a sense of relative magnitudes and of the size and frequency of changes in these magnitudes. So he concentrated on those magnitudes that change most often assuming that others remain fixed for the relevant period. Now when I read that, the thing that came into my mind is what I've called a variation sieve, does that look like a sieve? Yeah, it sort of does, it is a sieve, it's hard to recognize it in a lecture like this, you know, is that a sieve? Yeah. And so, I mean, trying to imagine, you gather up a bunch of variables, and some of them vary a lot and some of them don't vary so much. Well, you just pour them through the sieve, I mean, it's a special sieve, so you pour them through the sieve and all the ones that don't vary just fall through the sieve on the ground, okay, and the ones left in the sieve are the only ones that Keynes wants to look at, that's how he's going to construct his theory, those are the building blocks for his theory. Now that was Keynes' method, and this, here you'll see why I put Keynes in the picture, because Friedman says, I believe that Keynes' theory is the right kind of theory in his simplicity. Its simplicity is concentration on a few key variable magnitudes and his potential fruitfulness, so he endorses Keynes' theory. The implication here is that big effects have big causes, if you have a depression, that's a big effect. Well, there must have been an awful big cause, all right, and Friedman actually says that in his monetary history that big causes have big effects, says that in essence, and yet it's not true. Now it's true in some cases, in some cases, Mount Vesuvius and Pompeii come to mind, you've got big cause and big effect, okay, but a thrown away cigarette, but in a forest fire is a little cause and a big effect, okay, so small causes can have big effects, hard to detect causes can have big effects, and those are the things that may well have fallen through the sieve that's used by both Keynes and Friedman, we'll see. Now Friedman, about the same time that he was talking about the methodology, he wrote in the New York, what in New York Times, what was it, you get down here, Time Magazine, he wrote, we're all Keynesians now, and people jumped on him thinking, oh he's gone to the other side, but he insisted, no, no, he'd been taken out of context, and so he explained the context, and the context says we all use the Keynesian language and apparatus, all right, we use C plus I plus G, we throw in some MV equal PQ, too, but generally we use the Keynesian macroeconomic framework. Well, that all is just too big an all, it doesn't include the Austrians, okay, Hayek is not a Keynesian now, but a Keynesian then, and didn't use the Keynesian language and apparatus, and so by that we sort of compare Keynes and Friedman against Hayek, as far as your methodology goes, and so look what Hayek says in, rather than saying we need a variation SIV, he says the role of economist, he says this in pure theory of capital, is precisely to identify the features of the market process that are apt to be hidden from the untrained eye, all right, and in fact it turns out that what they need to pay attention to is some of those things that fell through the SIV, and particularly the rate of interest. For Hayek then, the cause and effect relationship between central bank policy during the boom and the subsequent economic downturn have a first order claim on our attention, despite the more salient code movements in macroeconomic magnitudes that characterize the post crisis spiraling down of the economy into deep depression, and what you'll find is that any macroeconomist is basically an econometrician, statistician. When they look at the Great Depression, they look at things that they can correlate and get some pretty good correlation parameters on, all right, and those things are found during the period where the economy is crashing into depression. Lots of things are going down, and so you can calculate the extent to which they go down at about the same rate. If you look at the boom, you don't necessarily see anything that you want to correlate, and more about this later. Now, again, we'll go back to Hayek. He says there may well exist better scientific evidence. He put scientific in quotes, as if doing econometrics makes it scientific. That is empirically demonstrated regularities among key macroeconomic magnitudes. For a false theory, which will be accepted because it is more quote scientific, you've got the correlation coefficients, then for a valid explanation, which is rejected because there's no significant quantitative evidence for it. He might have overstated that. There's not much, and there's only weak quantitative evidence for it. So now how methods shape substance. And here I'm trying to deal with the issue of identifying the cause. Think about this, the cause. I put it in quotes because Friedman puts it in quotes. Cain attributes the downturn to psychological factors affecting the investment community rather than to monetary and physical disturbances. And this is, do I say this? I suggest that a more typical and often prominent explanation of the crisis is a sudden collapse in the marginal efficiency of capital. That's directly from Cain. So in other words, that's where he starts. He starts his business cycle theory with the fact that, you know, sometimes people just get cold feet and it tends to be contagious and they do it all at once and they just cut back and the economy starts down. Okay, now we can start our business cycle theory and find out what goes on after that and how to fix it. Okay. So Cain's main focus then is the dynamics of the subsequent downturn, downward spiral, and on the policies aimed at reversing the spiral's direction. So he said, okay, we've got everything going down now. We want to do something to get it turned around going back up. And of course, what's that, gushing up the economy, putting in more money, lots of fiscal policy, lots of government projects and so on. Try to pump up the economy. Just on the basis of this collapse in the investment in the first place. It just collapses. There's one passage I read years ago and I can't find it again. So I'll ask you if you find it, send me an email and tell me where it is. But Cain's had gone into a seafood restaurant, was waiting in the lobby and there was an aquarium there with fish swimming from one end towards the other in the aquarium. So it wasn't invented by Red Lobster, they did that back then too, you know, the aquarium for everybody. And Cain's noticed that when the fish got no more than halfway or so towards the other end of the tank, they all of a sudden and all at once turned around and started going the other way. He noticed that. And he remarked to his dining companions, that's just like investors. They all turn around at the same time, they all get pessimistic at the same time. Okay. And nobody knows why these fish just all of a sudden turn around and go the other way. You're not even to the other side. A student in my class when I talked about that here at Auburn, she raised her hand and said, Dr. Garrison, they see their image in the reflection of the other side. Well, she knew more about fish than I did. I mean, what can I say? So Friedman, I get this, Friedman is dismissive of the whole issue of the cause of the initial downturn. I put, should have put cause in quotation marks here in 1929, referring to it as now he doesn't do this all at once. I just, I can just find it throughout his works, calls it an ordinary run of the mill routine garden variety recession. We started, that's what we started with. And what do those words mean? What do those things mean? That means that downturn, that's, that's just part of the market. It has no particular claim on our attention. You know, and it's only when things really get bad that we've got something to deal with. We've got something to explain. Actually, we've got something to correlate. I mean, that's what it's about. So his focus is on the policy blunders that occurred on the heels of the downturn and on the correlation between the decrease in the money supply and the decrease in real GDP. And he has those correlations in all of his texts. That's, that's what it's all about. So for freedom and the correlation between movements and money supply and movements in the total output leaves no doubt about the central issue. That's what, that's what business cycle theory is all about. That's the central issue. Now here's Hayek. Friedrich Hayek focuses on the policy infected aspects of the boom and their implication for the boom sustainability. The post bus reallocation of labor in capital takes time. But the particular dimensions of the Great Depression, its length and depth are to be explained largely in terms of the policy perversities that hampered the recovery. And especially in the Great Depression, I mean, when the Great Depression started, you had first Herbert Hoover, who paid lip service to the market system, but did lots of things that hurt the market. And Roosevelt just did that in spades. I mean, he came in, he had all sorts of wage controls, price fixing, retain profits, tax, and all sorts of regulations that themselves, independent of an initial downturn, would put the economy into depression and keep it there for a long time. So how methods shape, shape substance as a summary. For Friedman, the full analysis of a business cycle consists almost wholly of an empirical accounting of the depression's depth and length. For Hayek, the ABCT, Austrian business cycle theory is fundamentally a theory of the unsustainable boom and the subsequent reallocations of misallocated resources. According to the actual depth and length of the depression that ensues requires an economic and historical account of each particular period. In other words, what did Roosevelt do, thinking he was going to help get the economy back? Of course, he was doing all sorts of perverse things. And that's what has to be understood. Now, here's something I came on to not too long ago. A paper by Ike and Green, that'd be Barry Ike and Green and Metschner. I can't think of Metschner's name. There it is, Chris Metschner, 2003. And look at the title. I don't know if you can read the title in that small print. The Great Depression as a Credit Boom Gone Wrong. That sounds like a Hayekian paper, doesn't it? And it was a very Austrian paper. It was done under the direction of the BIS, that's Bureau of International Settlements. Working paper number 137, you can find it on the web, make for international settlements. Now, Friedman was asked to rate that paper. What do you think about that paper? And look what he says. He says, Ike and Green's paper is excellent, clear, well-written, thoughtful. There's little in it that I disagree with. At the same time, I share the views expressed by my discussions or by his discussions, Michael Bordeaux and Charles Goodheart, that it does not contribute much to the key issue of the question. He says, the issue is whether the depth and the seriousness of the depression is attributable to what took place in the 1920s or to what took place during the 30s. He goes on, does it go on? Yeah. The only item that has any bearing on that is the correlation of his measures of the Credit Boom with the depth of the subsequent depression. Here he gets a positive correlation of 0.43. Now, shame on Ike and Green to even present that number. You don't want to present that number, say, hey, correlation is 0.43. That was it, you know, that was the cause. No, that's a pitiful number there. It's positive correlation, 0.43 for the height that measures the stock market. Okay, that's pretty low, Mr. Friedman said. The bulk of his evidence is that what happened in the 30s explained the 30s, not what happened in the 20s. That's actually private correspondence to Mark Scousen in 2004. But you get it. I mean, that's what he's saying. It doesn't matter. You got to get the correlations and they find the correlations in the 30s, not in the 20s. I think my point is made, but I've used this before, so I'm going to use it again just to give you something to remember so you'll know it's been okay. The case of the cabbage eating Mississippi monster, you probably haven't heard about this, have you? Austrian and Chicago methodology in action. All right. Now, how's this work? Suppose that in late October of 1929, a thousand-pound monster descended on Mississippi soil. It spent the next three and a half years eating all the cabbages and quite a few rabbits between Tupelo and Pascagoula. By early March of 1933, the monster weighed 4,000 pounds. Two investigators are sent to Mississippi to get a handle on the situation. One is from Vienna, the other is from Chicago. Okay. That's it. That's the Mississippi monster. Can you see him down there? I just Googled Mississippi monster and that's what I got, so I'll take it. The V&E's investigator asked, where in the world did this hideous thing come from? It turns out on further investigation that the monster was the unintended consequences of some ill-conceived government sponsored by Onyx project. Case closed. Went back home. Okay. The Chicago one shows up, shoves the Austrian aside, okay, and says, never mind how this thing got here. The key question is how did it grow from a thousand pounds to 4,000 pounds? How did it, an ordinary run of the mill garden variety monster quadruple its weight in 40 months? The Chicagoans answer, of course, was that it was all those cabbages. He couldn't get good data on the rabbits. The correlation between cabbage consumption and weight gain of the Mississippi monster leaves no doubt as to the central issue. Okay. So they're doing the same thing with business cycles. Query, do we expect that data availability is what led the Chicago to his conclusion and that lack of hard data pertaining to the monster's origin caused him to be dismissive of questions about where the thing came from. These and related suspicions are what underlie the message in high- tax, Nobel, Nobel address, the pretense of knowledge. Okay. How are we doing on time? Okay. Now look at Friedman's monetarism with the equation of exchange and there it is, mv equal pq, m is money supply, v, frequency of turnover of money, of velocity of money is called p, the overall price level in q is the output of the economy. With a nearly constant velocity of money, and that's in normal times, you can get out of shape in unnormal times, you have output q growing slowly, couple three percent, movements in the price level largely reflects movements in the money supply. So I put a a bar over v means not changing to any significant degree. Real q real output is growing slowly. Okay. And under those circumstances, any increase in the money supply shows up as an increase in the price level. And Friedman argues that the cause and effect goes from m to p. I think it does, but but he's here's where he's using the word cause. And actually he uses it uses cause freely in popular writings, and he even says this, but in in academic writings, he uses some different word. Not sure what it is. And with a long and variable lag, it says with the long or with a lag here of 18 to 30 months, that is variable 18 to 30 months. And and that issue, why does it take 18 to 30 months? That's what year and a half to two and a half years. Why would it take that long for an increase in money supply to show up as an increase in prices? And Friedman says, well, that's that's one of the unresolved issue of monetarism. And quite get the answer to that one. Inflation is always never where a monetary phenomenon. That was his claim. And here what I've done if how many of you have heard my first lecture on capital theory, most of you. And I'm not going to read this because it makes your head swim. You couldn't. But I'd have shown my nighting in capital theory diagram. And you can see that Friedman talks about how this business cycle goes on by by using or this monetary injection goes on by using sources and services instead of some capital structure and a consumable output. And even even comes to a conclusion. The final result may be a rise in expenditures in all directions without any change in the interest rate at all. The interest rate in asset prices may simply be the conduit through which the effect of the money of the monetary change is transmitted to expenditures without being altered at all. In other words, he's got a model there that has no time to mention in it. And so he figures out what the interest rate does. It goes this way and then that way and then back the other way. And when it settles down, it's right where it started. So there's no effect. Okay. Well, the reason is no effect because there's no time for an effect. But if you have a capital structure, structure, production and so on, there is time for an effect. And during that time, we have, guess what, a depression. Friedman missed that. Friedman's monetary rule here, that's increase the money supply at a slow and steady rate to achieve a long run price level constancy. In other words, if Q is going up, we'll make money go up at the same rate, say, enough to keep prices from rising enough to accommodate that increase in Q and keep P from rising, let M rise instead. All right. And now lately won't blame this on Friedman, but the last couple of three Federal Reserve Chairman have adopted the notion that we need about a 2% inflation. And that's not 2% increase the money supply. That's enough money to actually cause price level to go up by 2%. So you not only increase the money supply by what's already shown, but you increase it a little more so that the price level actually goes up. But what happens within the quantity aggregate as a result of the monetary injection? And of course, we see that by using our capital-based macroeconomics, that the money is lent into existence and that depresses interest rates. All right. And so the interest rate goes down and it no longer signals what it's supposed to signal and that can give rise to a cyclical upturn and then a bust and a downturn. One thing that Bernanke said, this was just before he turned or became Chairman of the Fed. He was asked the question, this is an interview with the Minneapolis Fed. He was asked the question, why would you want this 2% inflation going on? Oh, we want the 2% inflation going on. So that if the economy starts to falter into depression, we'll have the maneuvering power to fix it. You never consider that the 2% inflation may actually lead to a downturn. Well, he hasn't read IAC. That's all I can say. So Friedman declares the 1920s the golden age years of the Federal Reserve. That's one of his chapter titles in his monetary history. It's the golden years of the Federal Reserve. He ignores interest rates during the 1920s because they didn't change much. There was one instance when Friedman and I were having a back-and-forth based on an article he wrote in a comment that I published about his article. And he sent me a graph that showed interest rates during the 1920s. He said, see, they didn't much change during the 1920s. There's nothing much you can say about that. But what if they should have changed but weren't allowed to? Monetary increasing the money supply to keep it from it. During the 1920s breakthroughs in technology increased the demand for loanable funds and put upward pressure on interest rates. But the Federal Reserve guided by the real bills doctrine, that means if there's more real stuff to buy out there, we'll put out more money to buy it, met each increase in the demand for credit with an increase in supply thus keeping the interest rate from rising. So during the 1920s, that's the time where you had lots of productivity. And so it turns out that if you pump in money to keep the interest rate from rising, that simply adds unsustainable element to that boom. So I like to say it rides piggyback on the technological breakthroughs. Seeing no change in the interest rate, Friedman dismisses interest rates as a potential independent variable in his econometric equations. In other words, it went through the sieve. So the equity. Seeing no change in the interest rate when they should have risen because of the technological breakthrough, Hayek was able to identify some critical market forces hidden from the untrained eye. So that's what Hayek had in mind. Those are the critical market forces hidden from the untrained eye. You can't imagine some non-economist or even some entrepreneur or some capitalist who supposedly has, quote, rational expectations. You know all about that theory. Can you imagine him saying, oh, look, look, look, the interest rate hasn't changed. I think it should have changed. Fed from changing. No, that's not going to happen. Query, which view Friedman's or Hayek's is more firmly anchored in the empirical, that is, historical circumstances in the 1920s? Well, I think the Austrian view is anchored. Empirical doesn't mean crunching numbers. It doesn't mean gathering data. It means understanding the real world and what's going on. Oh, there's Friedman in his Cadillac. MV will PY. And there's a story about, well, there's two stories about that. One, I can tell it just with this picture. That should be either MV equals PQ. Because really P times Q is equal to Y. And if you write PY, you've got P squared Y versus P squared Q. So that's wrong. But he knew it was wrong. He knew it was wrong. But in monetarism, for some reason or other, they use capital letters for nominal terms, nominal income is capital Y. And they use lowercase for real income. Little Y. How many knew that? Oh, okay, so I'm not telling you any. And so he needed P, little case Y. Now, I can just see Friedman at the DMV, arguing that no, I need a lowercase Y. And the amazing thing about it, if you knew Friedman or could know Friedman like I knew the guy, didn't know him that well, but I knew him well enough. Okay. I'm surprised he didn't prevail. Okay, I'm going to skip this over because we're getting close. And I want to show you one other thing. Maybe I don't. Yeah. You recognize him, Greg Main Q? What was his, I probably say up there, Chairman of the Council of Economic Advisers. And on one of the quiz shows Sunday morning, he asked a burning question, how can you identify my car? And there it is, EC 10. That's not so, that's not such a great thing. But there it is. So I know I hate to spoil things. But I must say, I think Milton Friedman has a better plate. Okay. Years ago, blah, blah, and he says his, his plate read mb equal pt. Now, t means transactions. That's the whole nightian view. So that wasn't right either. And here it says Milton Friedman's license plate was pv, mb equal pq, not mb equal pt. And they claimed to have a plate, have it on the web. Well, of course, we've seen the license plate. It was p y. All right. Now, it turns out that when I was in California at the close to Stanford University, and Friedman was at the Hoover Tower, he parked his car in the lot there. I walked over there. I can actually walk from where I was to, to that place to take a picture of Friedman's license plate. And I looked and looked and looked and I didn't find it. I came back in every other day. And I still didn't find it. But that, that link that was given, what I did find was a Cadillac. I knew he drove a Cadillac, but it was read with a white top. I thought, would Friedman buy a Cadillac red with a white top? And it didn't have that license plate. I was desperate. I took a picture of it anyhow. And then when I got back to school or back to the Institute, remain studies, I fiddled with the license plate some. So this person says this was in French. Hey, there's France there. This is on the web. And there it is, in VEGLE PQ. In other words, they've stolen my picture of the Cadillac and did it that way. Okay. Well, good enough. We're at an ending point now. Thank you.


Hi and how are you all today? The question is given five flags of different colors how many different signals can be generated if each signal requires the use of two flags one below the other. Now here also we will be making use of the multiplication principle. The question says that we need to have two flags one below the other. So we need to fill signals for two vacant places like this. One is now what we have done over here is we have drawn two vacant places to denote the signals and the five the flags which we need to prepare is by the five different colors which are available to us. So we'll start by the first place. Now it can be filled up by any one of the five flags so there are five different ways of filling up the first signal whereas the second place can be filled up by four ways and not five because the flags are of different colors we cannot repeat the colors. The number of ways in which vacant places can be filled in by the multiplication principle is five multiplied by four that is 20. So the number of different signals which can be generated if each signal requires use of two flags one below the other then the required answer is exactly it is 20. This completes the session take care.