Tom Bilyeu

And the problem is that it then accelerates the next bubble.

So 2008 comes along, boom, that bursts, and the housing market goes haywire.

We have to pour a ton of money in again.

And now if you start looking at a graph, the money that we're putting into this system that's making money less valuable, less real, whatever word you wanna use, that graph is just skyrocketing, it's ridiculous.

And as that number goes up, more bubbles form.

And then on top of that, COVID hits.

So now you've got to pour even more money.

And so that graph just keeps going up.

And so the rate at which we're hitting these catastrophes that require them to pour money in, the times just get shorter and shorter and shorter and shorter.

And so we're just constantly dealing with one crisis after another.

Okay.

It is that setup of putting extra money into the system that makes billionaires.

I wanna be very clear.

If you wanna get rid of billionaires, stop putting money into the system.

Okay, why does it work like that to create billionaires?

It creates billionaires because

when you have the same number of stuff, cars, apples, desks, computers, whatever, the same number of things to buy, and you give people a bunch more money, they all just go, well, I'm willing to pay more money for that thing, because I want that thing and I have more money.

And so it doesn't create more value.

There is a way to create more value, but pumping money into the system isn't it.

So you make everything more expensive,