David Friedberg
speaker
8,052 appearances
60 recordings
4 series
first heard Apr 2024
last heard 21 Aug
David Friedberg’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 32 in all, peaking in Jan 2026 with 6.
Appearances
So there's this de-dollarization moment.
It's always worth having a reflection on it, but I just want to tie it back to Minnesota, Donald Trump, and socialism.
And I think it's important for us to just highlight that if you own assets
like we do, the four of us, we own stocks, we own real estate, we own other assets.
As the dollar devalues and everything inflates in value, our asset prices go up and we get wealthier and wealthier and wealthier.
The majority of Americans do not own assets.
They are net asset negative.
As a result, they live off of income.
and they do not benefit from the de-dollarization like asset holders do.
And this is what is ultimately fueling populism in the United States.
And the populism in the United States is what is driving socialism, and the response to those behaviors is what Donald Trump elected, to some degree, and the response to
The Donald Trump actions is what's driving the civil unrest in Minnesota and other places.
And I fundamentally believe that much of the unrest, the civil unrest, and ultimately this divide in this country is driven by the fact that de-dollarization because of excess government spending ultimately leads a majority of people in this country to feeling oppressed and left behind because they're seeing a few people in the country accelerate their net worth
like all of us here.
And there's no way for them to catch up because they don't actually own assets.
So I'll be honest with you guys and make a confession.
I was at the gym this morning on the treadmill.
Yeah.
And while I was there, I was actually thinking about the wealth tax stuff that's going on in California.
And I wonder if it may be an inevitability in order to keep the United States from going into civil war.
Showing 3181–3200 of 8,052 · page 160 of 403
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