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Jaspreet Singh

👤 Speaker
2690 total appearances

Appearances Over Time

Podcast Appearances

Tom Bilyeu's Impact Theory
Surviving Economic Chaos: Inflation, AI Job Takeover, and Trump’s Wealth Wave | Impact Theory W Tom Bilyeu & Jaspreet Singh

Because if you're struggling with money, unfortunately, the White House is not going to fix your house.

Tom Bilyeu's Impact Theory
Surviving Economic Chaos: Inflation, AI Job Takeover, and Trump’s Wealth Wave | Impact Theory W Tom Bilyeu & Jaspreet Singh

You have to care about your house.

Tom Bilyeu's Impact Theory
Surviving Economic Chaos: Inflation, AI Job Takeover, and Trump’s Wealth Wave | Impact Theory W Tom Bilyeu & Jaspreet Singh

And the only way out for the average person, if we get away from the policy side, is you have to get now educated.

Tom Bilyeu's Impact Theory
Surviving Economic Chaos: Inflation, AI Job Takeover, and Trump’s Wealth Wave | Impact Theory W Tom Bilyeu & Jaspreet Singh

Because the system is not going to teach you

Tom Bilyeu's Impact Theory
Surviving Economic Chaos: Inflation, AI Job Takeover, and Trump’s Wealth Wave | Impact Theory W Tom Bilyeu & Jaspreet Singh

Banks are gonna profit off of you being financially stupid because if you're stupid with your money, they can send you a bigger credit card, they can sell you a nicer line of credit, they can sell you a nicer car.

Tom Bilyeu's Impact Theory
Surviving Economic Chaos: Inflation, AI Job Takeover, and Trump’s Wealth Wave | Impact Theory W Tom Bilyeu & Jaspreet Singh

Corporations are gonna profit if you're financially stupid because they're gonna hire the smartest and best MBAs to get you to open up your wallet and spend money with them.

Tom Bilyeu's Impact Theory
Surviving Economic Chaos: Inflation, AI Job Takeover, and Trump’s Wealth Wave | Impact Theory W Tom Bilyeu & Jaspreet Singh

And the government profits if you're unfortunately financially stupid because you're gonna pay the highest tax rates.

Tom Bilyeu's Impact Theory
Surviving Economic Chaos: Inflation, AI Job Takeover, and Trump’s Wealth Wave | Impact Theory W Tom Bilyeu & Jaspreet Singh

And I don't say this to be mean, I say this just to make a point.

Tom Bilyeu's Impact Theory
Surviving Economic Chaos: Inflation, AI Job Takeover, and Trump’s Wealth Wave | Impact Theory W Tom Bilyeu & Jaspreet Singh

Because these highest tax rates are paid

Tom Bilyeu's Impact Theory
Surviving Economic Chaos: Inflation, AI Job Takeover, and Trump’s Wealth Wave | Impact Theory W Tom Bilyeu & Jaspreet Singh

by the person that's earning their income from their job.

Tom Bilyeu's Impact Theory
Surviving Economic Chaos: Inflation, AI Job Takeover, and Trump’s Wealth Wave | Impact Theory W Tom Bilyeu & Jaspreet Singh

And then we think, oh, I just need to get educated.

Tom Bilyeu's Impact Theory
Surviving Economic Chaos: Inflation, AI Job Takeover, and Trump’s Wealth Wave | Impact Theory W Tom Bilyeu & Jaspreet Singh

I need to go to a good college.

Tom Bilyeu's Impact Theory
Surviving Economic Chaos: Inflation, AI Job Takeover, and Trump’s Wealth Wave | Impact Theory W Tom Bilyeu & Jaspreet Singh

I need a student loan.

Tom Bilyeu's Impact Theory
Surviving Economic Chaos: Inflation, AI Job Takeover, and Trump’s Wealth Wave | Impact Theory W Tom Bilyeu & Jaspreet Singh

Well, unfortunately, do you want to know the biggest asset, the number one largest asset on the United States government's balance sheet?

Tom Bilyeu's Impact Theory
Surviving Economic Chaos: Inflation, AI Job Takeover, and Trump’s Wealth Wave | Impact Theory W Tom Bilyeu & Jaspreet Singh

Your balance sheet is your assets and liability statement.

Tom Bilyeu's Impact Theory
Surviving Economic Chaos: Inflation, AI Job Takeover, and Trump’s Wealth Wave | Impact Theory W Tom Bilyeu & Jaspreet Singh

The number one largest asset on the United States government's balance sheet are student loans.

Tom Bilyeu's Impact Theory
Surviving Economic Chaos: Inflation, AI Job Takeover, and Trump’s Wealth Wave | Impact Theory W Tom Bilyeu & Jaspreet Singh

Which means these student loans, which we believe are there to help us get a good education to become wealthy in the system, are the reason why the government is wealthy because they look at their assets and liabilities.

Tom Bilyeu's Impact Theory
Surviving Economic Chaos: Inflation, AI Job Takeover, and Trump’s Wealth Wave | Impact Theory W Tom Bilyeu & Jaspreet Singh

My assets in the United States government, the largest asset are student loans.

Tom Bilyeu's Impact Theory
Surviving Economic Chaos: Inflation, AI Job Takeover, and Trump’s Wealth Wave | Impact Theory W Tom Bilyeu & Jaspreet Singh

Google it if you don't believe me.

Tom Bilyeu's Impact Theory
Surviving Economic Chaos: Inflation, AI Job Takeover, and Trump’s Wealth Wave | Impact Theory W Tom Bilyeu & Jaspreet Singh

I can now show we have all these assets.