This phrase can be used when in casual conversation with pretty much anyone and everyone. It is a general responce to any comment, question exclamatory, or for interrogation.
Person 1: "Hey bro! Do you have anything planned for later tomorrow night?"
Person 2: "Yeah, I'm planning on showing you that I have ways of making you talk."
Person 1: "What the in the heck do you even mean by that?"
Person 2: "You'll find out when I show you that I have ways of making you talk."
(you can use any variation of "don't you know i have ways of making you talk")
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