Transcript

Yanis Varoufakis: Trump's MASTER PLAN On Fed, Venezuela, AI

From Breaking Points · Episode page · Watch on YouTube

· 33 min · 5,762 words · 53 timestamped sections

This is the full, timestamped transcript of "Yanis Varoufakis: Trump's MASTER PLAN On Fed, Venezuela, AI", an episode of Breaking Points published January 13, 2026 (33 min, about 5,762 words). It mentions 5 people, works and ideas, including Donald Trump, Jiannis Varoufakis, Instacart, Technofeudalism, Exxon Mobil.

What is discussed, and when

  1. – 5:00: Donald Trump, Exxon Mobil
  2. – 10:00: Donald Trump
  3. – 15:00: Donald Trump
  4. – 20:00: Instacart, Donald Trump
  5. – 30:00: Donald Trump, Instacart

Notable quotes from "Yanis Varoufakis: Trump's MASTER PLAN On Fed, Venezuela, AI"

  • For President Trump saying they're playing too cute, saying he may block them from some eventual deal. I do think that this bolsters your point, but I'm wondering if you see this.
    about Donald Trump · at
  • Of them thousands of them are being controlled in terms of their pricing by Instacart which is a technofudal company that effectively uses very sophisticated algorithmic…
    about Instacart · at

Who and what is mentioned in this episode?

People

Companies & orgs

  • Instacart — Company · 3 mentions · first at
  • Exxon Mobil — Company · 1 mention · first at
    Know backing up your point, we can put the next one up here on the screen. For example, Exxon Mobile, one of the largest oil companies here in the United States, apparently…

Concepts & topics

Full transcript with timestamps

All right, guys. We are very lucky to be joined this morning by Jiannis Verafakas. He is an economist. He is a best-selling author. He is a podcast host of the econass and he is the former finance minister of Greece. Great to see you sir.

Good to see you. Thank you for having me. Yeah, of course. So, let's start with this first element. Put this up on the screen. This is the president of the United States claiming to be the president, the acting president of Venezuela. Um, I'm curious just off the top here, how significant you think the kidnapping of Maduro and now Trump's claims that we run Venezuela and we're going to take their oil. How significant do you think this mode of US operation and foreign policy is to the world and to our own politics?

Well, that the significant there's no doubt. The question is what kind of significance are we detecting in this very confusing uh stage that we find ourselves in? uh just seeing the picture that you put on your screen reminded me that uh this is not the first time he does it. Remember only a few months ago he declared himself to be the owner uh the person who has actually annexed personally that has never happened in history before Gaza he declared himself to be the head of a company that is taking over Gaza. Uh and then of course you know before we had a chance to scratch our heads and see what that means for the people of Gaza whose uh uh lives are uh devastated and you know whose genocide is continuing. Um he abducts Maduro and he declares himself to be the acting ruler or owner of Venezuela. H and then on the same day he talks about Greenland. Um, I wouldn't be surprised if this uh confusion is

strategic and the whole point is uh um to continue to build up uh a reputation for uh um accumulating territories, accumulating companies, accumulating uh stable coins, accumulating different kinds of resources uh for himself and his click in order to make it far more, you know, alluring for powerful people around the world in the United States as well uh to do deals with him uh hoping to get some crumbs off his overladen table.

One of the things that we've seen as you know backing up your point, we can put the next one up here on the screen. For example, Exxon Mobile, one of the largest oil companies here in the United States, apparently told the president at a recent meeting on Friday uh that actually they weren't all that interested in investing in Venezuela. for President Trump saying they're playing too cute, saying he may block them from some eventual deal. You know, I do think that this bolsters your point, but I'm wondering if you see this as any bigger strategic play that may not just have Trump and his own personal interest or those around him, but a bigger kind of driving motivation for the United States.

Well, there's no such thing as the United States. We should never talk in terms of national interest. There is no such thing. uh there are different clicks, there are different ruling classes and they have different interests. The interest of some of the majority of the people in the United States uh never had anything to do with the uh with the agenda and the strategy of democratic presidents of Republican presidents. I'm just stating this so that you know where I'm coming from. Uh but there is a strategic plan and you know one of the great mistakes of the Democrats in the United States and of the centrists in Europe is they have dismissed Trump as a buffoon who has absolutely no strategic vision. Um you know he's haphazard. He moves from one disaster to another. Uh he's a fool who somehow has managed to defeat them so handsomely.

I don't take that view. I consider him to be a political adversary, a political, if you want, even aesthetically speaking enemy of mine, but I take very seriously his strategic plan. And you know what? He's put it on paper. not so much himself but you know before his inauguration second inauguration I studied very very carefully the texts that have come out of his team like you know things that Scott Bessant had said and written [clears throat] uh you know the the Maraago famous Maraago paper it's clear what the strategy is Trump looks at the last 60 years and what he sees is um a period that u some people refer to it as the period of globalization others refer to it as the neoliberal period uh or the globalist period it's a period that started in 1971 with Richard Nixon when Richard Nixon and his team not himself personally blew up the bread and wood system so why did that happen because the United

States ceased to be a surplus country it slipped into a deficit position And you know Henry Kissinger was part of Nixon's team then even before he became foreign minister um before his move to the state department when he was still at the national security council he he put a very simple question to his team and said well now we are a deficit country how can we maintain our hijgemony and the answer is blow up the bread and wood system use the dollar as a weapon devalue the dollar while um enhancing ing its uh uh reserve currency status, its hijgemonic status.

So, you know, Trump looks at that and says, "I'll do I want to do this again because the Nixon shock is peting out." Uh after 2008, American hijgemony is being seriously contested. Seriously, I want to give it another 12 and I'm going to do it in a way that will make me and my mates lots of money as well. Uh so, you know, the devaluation of the dollars is not a failure. It is a aim uh the issue of stable coins and the legitimation of cryptocurrencies. The genius act that was passed recently by Congress or in Congress through Congress um is an attempt to privatize fiat money, the dollar uh the attack on the Federal Reserve is part of this plan. Um it there's a clash between old money and new money. There is Wall Street on the one hand that is very koi about this whole thing. But then there is there are the tech broly arcs. Uh there is tether that are issuing stable coins uh at the expense of Wall Street and uh the

Federal Reserve. So there's a there is a strategy. there is a huge conflict within different um oligarchic interests and um Trump is playing a very smart game in keeping all these people hating each other and you know competing for his graces. So, I I listen to a lot of uh your appearances and your speeches that you give, and I think it's really important to um to assume that your adversary is not just an idiot, that there is some sort of a strategy there. But sometimes I do have trouble holding that in my head with Trump, for example, when I think of his tariff policy, which, you know, from the jump, the percentages that were chosen were seemingly random or AI generated. you know, he'll go into these negotiations and come out of them basically rolling the tariffs back or going back to where we started. We now have an announcement yesterday that now anyone who does any sort of trade with Iran is going to have

a 25% tariff. Um, you've also had situations where his own personal emotions and grievances seemed to be driving the tariff policy. Brazil being a key example here, where initially he was mad at Lula over their prosecution of Bolsinaro. Then according to journalist Glenn Greenwald, Lula came in and charmed him and said that Bolsinaro guy, you wouldn't like him. He's weak. He's always in the hospital. He's kind of a loser. Trump decides he likes Lula. Rolls back the tariffs. So when I look at those sorts of things, I'm like, how can this be a grand strategy when it's so all over the place and so driven by his own emotions and personal grievances dayto-day? Look, I can't resist the temptation to uh to agree with much of what you said, but at the same time, let me continue along the lines of my earlier position.

I mentioned Richard Nixon before. Now, we all know what a flawed character he was,

what a psychopath he was really, okay? I mean, he was moody. He was um a very poor excuse for human nature. And yet it was under his administration that the world changed. They blew up the post-war miracle system, the bread and wool system uh and they replace it with chaos. It was designer chaos. Uh John Connelly, the Treasury Secretary of uh Richard Nixon traveled to the to Europe and effectively did a Trump on them. He [clears throat] said, you know, guys, you're on your own. The dollar is our currency, but from today is going to be your huge problem. I don't give a damn.

You can go and jump. This is all about maintaining and enhancing American hijgemony while at the same time increasing our deficits. And I'm going to divide you the dollar. Now, you mentioned u the use of tariffs by Donald Trump. Well, um he's not the first one to have used tariffs as uh uh a ramming rod, as a as a as as a weapon. Uh Ronald Reagan in 1985,

uh remember the so-called Plaza Accords, the Plaza debates. What did he do? He got the Japanese in one room and said, "Okay, uh, you have um, uh, grown your trade surplus with the United States immeasurably, and I'm going to smack you over the head with a blunt instrument." And the blunt instrument is 150% tariffs if you don't agree to revalue to increase the value of the yen, effectively to um to devalue the American dollar visav the Japanese currency. and um you know they rolled over and the result is that Japan is finished kaput ever since the plaza accords. So it you know all this I mean in a sense you're quite right he is bringing a new intensity of chaotic behavior uh and a lot of it is personal uh but you know you said that it were they were AI uh or randomly chosen tariff rates look by the way they were not there was a very simple uh deterministic formula he simply um computed did his tariffs, the

liberation day tariffs, uh, in proportion to the trade deficit the United States had those particular countries. It was really very there was nothing reciprocal about them. It was, you know, the greater your trade surplus towards the United States, the greater the tar if I'm going to slap on you. But but he never meant to keep these. These were simply uh, you know, these blunt instruments that he used to butter people around to hit them about the head and then to say, "Okay, now come and negotiate with me each one of you separately." Now he has um gone into a territory of personal um self um um celebration that we've never seen from any American president in the past.

That's that's quite correct. I mean I was astonished the way he has behaved visav uh prime minister Modi of India. Um, one would have thought that the United States would be very eager to see India uh move away from China, move away from the breaks u you know going to bed with uh u the Trump administration. Um he hasn't done that. uh and instead he has chosen to make uh uh the issue of whether he was the one that stopped the recent skirmish war between India and Pakistan um the determinant of whether he's going to increase the tariffs or not. So he does that but you know that I mean the madman strategy we have to remember was devised by uh Rand Corporation in the 1950s as a rational game theoretical uh way of behaving uh because if if you convince people that you're mad then they will think twice before they confront you.

Yeah I am con I am fairly convinced so it has been effective in that. Yeah there you go. No no you're you're absolutely right. Actually you mentioned the Federal Reserve given your expertise. I'm curious for what your view is here about Trump's current attack on the Federal Reserve. You're saying it's in a privatized uh manner. There's also some, you know, complaint about uh interest rates domestically here in the United States. I do also just curious for your take for kind of the global outcry of support that Powell now has. I mean, you know, multiple central bank leaders from around the world this morning signing a letter saying that they are supportive of Jerome Powell. How do you see that? You know, you were talking about oligarch oligarchic interest. The Federal Reserve obviously a key note in that.

By the way, you know, these central bankers will never learn. By signing that letter in support of Jerome Powell, they're handing a huge, huge gift over to Donald Trump

because Donald Trump's base hates all these people. So when they see that they are coalesing together in support of the Fed's chairman you know Trump is is applauding all this uh you know it's amazing you know those centrist the liberal establishment how in name they are. I remember uh do you remember during the Brexit referendum in Britain when um you know um Mario Draggy from the Central Bank of Europe and um you know various finance ministers and bankers and central bankers generally were warning the British people don't you dare vote for Brexit because Armageddon is going to befall you [clears throat] and I knew at that moment that Brexit would win because you know these kinds of letters of support for the liberal establishment don't help the liberal estate at all. No, look what's happening here is this. There are different discussions you could have.

One is, you know, is the interstate policy of the Fed um appropriate? I I hate to say that. I really love to say that, but I think that Trump is right. uh the rate of interest is not going if it's going to to stay at such high levels uh it's not going to do anything in order to reduce the cost of living to reduce inflation inflation is not controlled by interest rates anymore we have to understand that now we have what I call in a recent book of mine entitled technofidalism sorry for plugging it but it's important in order to to make the point that if you go to uh groceries around the United States um not just Walmart or you know Amazon uh but you know bricks and mortar um groceries many of them thousands of them are being controlled in terms of their pricing by Instacart which is um um a technofudal company that effectively uh uses very sophisticated algorithmic systems for uh ensuring that you cannot compare prices

uh between different stores. You cannot even compare prices prices the prices you pay with the prices that others pay. Uh it's it's intense firstderee price discrimination which is algorithmic and we know that Instacart on its own along with Amazon.com have contributed to um an increase in the value of groceries by 30%. Now there's nothing that the Federal Reserve can do that even if they put up interest rates to 10%. that kind of technological inflation, inflation created by what I call technicalism is not going to go away. So I I fear I hate saying that that on on the question of interest rates, I think that Trump is right. But there's a bigger question, the question about the so-called hypothesis or aspiration for central bank independence, the idea that the elected government shouldn't run monetary policy. monetary policy should be handed over to um you know experts uh who um on behalf of the whole of

society make dispassionate apolitical decisions. Well, you know that's rubbish. There's no such thing as an apolitical decision. Who sets interest rates is a political decision. And you know you have a class conflict. You have debtors and you have uh l lenders. when you increase the interest rate you f favor one at the expense of the other. So it's a political decision. Um now the gist of however of it is remember the Federal Reserve Bank is not um it's it's not even a state bank. it belongs to Wall Street uh formally and not just formally but in terms of you know uh when when when they they speak of uh the independence of the central bank independence from whom?

Independence from Congress, independence supposedly from the president but not independence from JP Morgan or the Bank of America. So [clears throat] dependence on the bankers uh whom they're bailing out when the bankers bets go horri u so I personally I don't have much time for independence the independence of the central bank

uh once upon a time there wasn't even this discussion I'm old enough to remember a time when no central bank was independent the bank of England was not was you know bound by um its relationship with uh the British government so on what we now have however is not Donald Trump agreed with people like me and wants to democratize the Federal Reserve and take it away from the bankers. No, he is representing big tech. He's representing the stable coin industry. He's representing, you know, Facebook and Zuckerberg and um several upstarts that want to privatize the American dollar and they want to make use of the Genius Act in order to do this. And you know, Wall Street is represented through the Fed. So there's a clash between old banking money and new technofidal money and Trump is taking the side of the latter.

I want to talk to you some about the ideas in your book but first if you could tell our audience a little bit about you were one of the most deep faked men on the internet which is I mean it sounds sort of impressive but I don't think it's really a positive thing. Um, there are so many videos that really, I mean, really look like you, really sound like you, really appear to be things that, you know, content that you would say or along the lines of things that you would say. Um, can you talk about how you discovered this and how difficult it is to parse through whether this is real Giannis verifi?

And also what how the uh tech companies involved responded when you reached out to them and flagged for them that this was happening in a a widespread manner. It's such a dubious honor to be one probably the most deep faked person on the internet. Um, you know, I really have no idea why this has happened. Absolutely none. Usually have theories about everything. But on this, I'm stumped. I have to I have to confess that. The the way I discovered this, I received um a very flattering [clears throat] message, text message on WhatsApp from an American scholar whose name I'm going to I'm not going to mention of high regard and somebody I really uh admire and he who was congratulating me on a video I had done on uh some economic matter. I can't remember exactly what it was and he had included the link to the YouTube YouTube video and I clicked on it to admire myself to say okay well this guy whom I

highly appreciate like that video of mine let's let me remind myself of which this video was and I started looking at it and it took almost two minutes before I realized it wasn't me and the what what's even worse is why I realized it wasn't me because I was wearing a blue shirt with this background here, but that blue shirt had never left my island home in Eg. And I thought, how come I'm wearing that blue shirt against this background? That's when I started thinking, hang on a second, I I don't remember saying these things. But the the the even eerier aspect of it was that there were things I could have said but then you know uh interjected within that flow of arguments that I could have made which I hadn't made.

There were statements that I would never have made and that's where the danger start comes especially for people who are politically exposed as I am. Uh I have lots of enemies that would love to uh you know pretend pretend present me as somebody that said something let's say anti-semitic in order to uh take the wind out of my criticism of Israel.

Um similarly with Russia you know I'm a I have made enemies everywhere because I am I believe that Putin is a war criminal. At the same time, I think NATO uh are war criminals still in the way they've been expanding and giving Putin the opportunity to do that which he's doing. But you know, if you have if you're standing against both NATO and Putin, uh it's very easy for somebody to use deep fake in order to insert a sentence in what you're saying that completely destroys your credibility. So I wrote to to Google because it was the the videos I saw were mostly on YouTube.

They were on Instagram and on Tik Tok, excuse me. [clears throat] Uh so I wrote to Google and I didn't get an answer for days and then they asked me to fill forms in and I filled them in and then they asked me to fill some more forms in and I did that as well and then it took you know seven eight days before they brought down that particular channel and then it reappeared 20 seconds later again in YouTube under a different name different channel and it's very clear that you know this is not uh incompetence on the part of big tech it's their business model I mean I you know my fake versions have a lot more views than I have.

So they make a lot of money out of that. Um and Google simply not interested. And you know I talked to other people who are similarly deep fake like John Mishheimimer from Chicago University and my great friend Jeff Saxs from Columbia University

and we are in the same the same boat you know. Uh do I spend the rest of my life litigating against big tech? I mean I don't have the resources. I certainly don't have the time. you know, I'm getting on in life. I'm not going to waste five years of my life doing that. Would I win? Um would I remain solvent before the court case is finished. So, it's um it's, you know, it's one of these situations where you realize that supposedly here in the liberal west, we have rights. We have no rights. We do not even own our own audiovisisual, you know, image.

That is terrifying. Absolutely terrifying. I mean the context of your book which you mentioned earlier technofudalism and your own experience uh kind of bringing the thread of these together how do you view the future that we're heading into uh where we see the rise of AI we recently had Jensen Wong the CEO of Nvidia on a podcast talking about this we wanted to get your reaction guys let's go ahead and play the clip

this is a technology that has the potential to automate many aspects of human labor very soon. And I'm curious the degree to which you feel a responsibility for making that transition go well.

What AI will do is to make tasks that we do in our job more efficient. Our job is not to wrangle a spreadsheet. Our job is not to type into a keyboard. Our job is generally more meaningful than that. I'm fairly confident that AI will drive productivity, revenue growth, and therefore more hiring. There's a belief that the world's GDP is somehow limited at a hundred trillion. Well, what's likely to happen is AI is going to cause that hundred trillion to become $200 trillion, $300 trillion, $500 trillion. There's no fundamental limit to the size of a GDP.

And so and the the number of people in the world that is participating in this GDP and the hundred trillion dollar GDP GDP is actually quite small. And so what if we brought the rest of the world the rest of society the rest of the world's population empower them with AI give them the opportunity to participate in the GDP and cause this GDP to quintuple.

So you're seeing the pitch that is made there. Your reaction sir? Well, I'm I'm I'm I'm a gasast at how such a very smart clearly competent businessman um has such a low level of understanding of what capitalism or what I call technofidalism is like. Now, of course, look, AI technology is brilliant. I mean, think about it. you know, you you you ask uh Chibbti to um take um some rubbish you've written and put it in Shakespearean language and does it fantastically um you know having translations and I'm I love technology the question is not is it useful of course it's useful the question is who owns it and who is excluded from using it and those who own it what do they do with it because you see there is a profound difference between you know a tool that helps me as uh he said uh do things more efficiently. Uh take the chore out of my work and leave me with my creative the creative aspects

of my work which give me purpose in life [clears throat] that's great. But when you have machines that are owned by 0.00001% with 001% of the population that have the capacity to engage with you personally on a dialogue uh and um pretend to be your servants like Alexa, Amazon's Alexa or you know Apple Siri or the Google Assistant or whatever one of these assistants or the Instacart assistant for that matter and they give you the feeling that you can say you know switch off the lights u buy me some milk order me an electric bicycle for my daughter or my son. Uh, and they do it and it's great. Great.

Who who doesn't like that? But what is really happening is you're interfacing with what I call the cloud capital of Jeff Bezos of this 0.00001%. Uh, and essentially that machine trains you to train it to train you better so that you train it even better to know you so well that it wins your trust. And once it was it has won your trust then it can direct your choices then you know you say uh my coffee maker has broken what should I buy it and says this and you click on it and then the coffee maker comes to you outside any market you don't go to shop to get it it comes and Jeff Bezos who Alexa has um helped you let's say in commerce get a coffee maker gets 40% 40% that 40% is a rent that is taken away from the labor ers that have actually worked to produce the coffee maker but even from the surplus value of the capitalist that owns the coffee making company. So you know when we have AI that is empowering

further and enhancing the control that this 0.001% have over our minds over our behavior. You see these are machines that don't produce anything. They are not uh productive machines. They're not like industrial robots building cars. These are machines that determine what we think.

And you know, in other words, these are machines that the owners can use in order to extract rents, which are a loss of GDP. To go back to what you were saying, it is a break on growth. It is a break on societal enhancement. And but you know these tech guys either don't know any of this because all they want is you more of whatever it is that they thereafter which is money shares whatever and they have no idea how their technology is being utilized in a sense you know this is not new because you go back to two three centuries ago um you know James Watt the inventor of the steam engine was neither responsible nor understood the effect that it will have on transforming society from feudalism to capitalism.

And this is core to your argument that we have actually exited the capitalist system and moved into a new system which you call um technofudalism which is why people need to to read the book to to fully understand uh the arguments that you're making here. I wanted to put F4 up on the screen which is President Trump uh the president acting president of Venezuela President Trump here uh making a similar case in his way as we heard that Nvidia CEO making. Uh you have this is New York Times reporter saying people are concerned AI is going to take their jobs and they will not they will be out of work. Trump says I think just the opposite. I think AI is going to be tremendous job producer. I think we have so many jobs. My biggest problem isn't taking the jobs. It's that we don't have enough people to fill the jobs. And that's where robots come in.

Now you do hear other uh tech CEOs who will say outright that their goal in AI development is to make all human labor irrelevant. Um, so some of them are saying that outright and I get the sense that their goal is to win some sort of final battle against workers who they find to be pesky and annoying and and difficult and diminishing their, you know, profit margins and and power in all sorts of ways.

What we what these people are lacking is a theory of change of transition because, you know, ideally ideally I would agree. You look I'm a tricky, right? I mean, I spent I have miss spent my youth and my older age watching a lot of Star Trek. Um, I love Star Trek because it is the ex the best example of libertarian communism. Think about it.

Nobody works because you have uh uh replicators doing all the all the work. So, you know, you order food, clothes, even spaceships of replicators and your machines convert energy and mass into whatever it is that you order. So, there's no point in having an economy. Everything is produced for you. And you know what they do is they spend time in a spaceship exploring the universe having philosophical conversations. That's why I'm a Treky. I love that. The question is okay now let's say that we um we we we buy the hypothesis that at some point we will have the technology to replace all labor all work all and and you know all chores let's say because you know nobody wants to replace uh the labor of love that is writing poetry or composing [clears throat] music but you know all the chores that people would rather not do but somebody needs to do them let's say that robots do all that

okay uh yes then we can have libertarian communist Star Trek. The question is how do we get there? Because you know you saw Elon Musk's uh um what's I forgot what he call he calls his Android. We've seen the androids are coming up that are coming from very different companies from China and so on. Now you know these things are going to cost money to buy. Uh you not everybody will be able to buy one of these machines. Some small businesses will not have them. Bigger businesses will have them. But even large businesses may find that it is cheaper to have um precariously employed labor, human labor than machines.

Yeah. So then you're going to have uh bifurcation yet another division of of the economy between those who use the machines to produce a lot of stuff with huge profit rates and all the rest who are either making huge profits by continue to exploit uh precariously employed human labor and others who are struggling and just can't make ends meet. Uh and if in the meantime the 0.001% 001% continue to have ownership of the machines that completely and totally poison our minds and control our minds. You know that is not Star Trek.

It is not libertarian liberal communism. It is a version of the Matrix where the vast majority of the population have succumb to the powers of the machines. We feed them with our own power. You remember the movie? Uh and that's a dystopia. And I'm very much afraid that Mr. Trump and his merry men and women are working towards that particular dystopia.

Jiannis Farrafakas, thank you so much for your time and your insights this morning. We appreciate it.

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Questions about this episode

What is discussed in "Yanis Varoufakis: Trump's MASTER PLAN On Fed, Venezuela, AI"?

In order: 0:00 Donald Trump, Exxon Mobil; 5:00 Donald Trump; 10:00 Donald Trump; 15:00 Instacart, Donald Trump; 25:00 Donald Trump, Instacart.

What is mentioned in this Breaking Points episode?

5 people, works and ideas are mentioned, including Donald Trump, Jiannis Varoufakis, Instacart, Technofeudalism, Exxon Mobil. Each one on this page links to its own page with every episode that mentions it.

How long is "Yanis Varoufakis: Trump's MASTER PLAN On Fed, Venezuela, AI"?

The episode runs 33 min; the transcript is about 5,762 words in 53 timestamped sections.

More from Breaking Points

About this transcript: the episode's spoken words as captioned on YouTube, split into timestamped sections. Reclip.Me locates every person, work and idea in the text, keeps the time it is first named, and quotes the words around it verbatim. Last updated January 24, 2026.