AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
1min snip
#424 – Bassem Youssef: Israel-Palestine, Gaza, Hamas, Middle East, Satire & Fame
Lex Fridman Podcast
Controlled Prices in Weapon Companies
Weapon companies hold the power to control prices, demonstrated when the American army's Apache fleet in Iraq was grounded due to exorbitant pricing of a valve. Lack of competition has led to a stinger missile's price soaring from $25,000 to $400,000. The Department of Defense's budget cuts led to firing of engineers and negotiators causing further price hikes. Citizens lack control over how their tax money is spent on inflated weapon costs, restricting their power to influence the expenditures. Criticism of these practices is often labeled as anti-Semitic, leaving citizens with only free speech as a means to address grievances.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode