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Tom Bilyeu

๐Ÿ‘ค Speaker
9026 total appearances

Appearances Over Time

Podcast Appearances

Tom Bilyeu's Impact Theory
China Moves In, Billionaire Exodus, and the Minnesota Insurrection: Are We Headed for Collapse? | Tom Bilyeu Show

Those are the distractions that keep you from seeing the real machine that's robbing you blind.

Tom Bilyeu's Impact Theory
China Moves In, Billionaire Exodus, and the Minnesota Insurrection: Are We Headed for Collapse? | Tom Bilyeu Show

And you are being robbed blind.

Tom Bilyeu's Impact Theory
China Moves In, Billionaire Exodus, and the Minnesota Insurrection: Are We Headed for Collapse? | Tom Bilyeu Show

The working and middle class have been absolutely pillaged.

Tom Bilyeu's Impact Theory
China Moves In, Billionaire Exodus, and the Minnesota Insurrection: Are We Headed for Collapse? | Tom Bilyeu Show

But like in a movie, the bad guy is never who you think it is.

Tom Bilyeu's Impact Theory
China Moves In, Billionaire Exodus, and the Minnesota Insurrection: Are We Headed for Collapse? | Tom Bilyeu Show

The obvious answer is always the wrong answer.

Tom Bilyeu's Impact Theory
China Moves In, Billionaire Exodus, and the Minnesota Insurrection: Are We Headed for Collapse? | Tom Bilyeu Show

So who is the real villain?

Tom Bilyeu's Impact Theory
China Moves In, Billionaire Exodus, and the Minnesota Insurrection: Are We Headed for Collapse? | Tom Bilyeu Show

The top 10% of US earners now account for almost exactly half of all consumer spending.

Tom Bilyeu's Impact Theory
China Moves In, Billionaire Exodus, and the Minnesota Insurrection: Are We Headed for Collapse? | Tom Bilyeu Show

And this problem has been growing rapidly for the last 30 years, surging by a full 13 percentage points in that time, marking a profound shift in spending power.

Tom Bilyeu's Impact Theory
China Moves In, Billionaire Exodus, and the Minnesota Insurrection: Are We Headed for Collapse? | Tom Bilyeu Show

It is a grisly illustration of the unbearable inequality in this country.

Tom Bilyeu's Impact Theory
China Moves In, Billionaire Exodus, and the Minnesota Insurrection: Are We Headed for Collapse? | Tom Bilyeu Show

Inequality is unavoidable.

Tom Bilyeu's Impact Theory
China Moves In, Billionaire Exodus, and the Minnesota Insurrection: Are We Headed for Collapse? | Tom Bilyeu Show

Make no mistake about that.

Tom Bilyeu's Impact Theory
China Moves In, Billionaire Exodus, and the Minnesota Insurrection: Are We Headed for Collapse? | Tom Bilyeu Show

You do not, even if you try to level set everyone at zero, you're still gonna have inequality.

Tom Bilyeu's Impact Theory
China Moves In, Billionaire Exodus, and the Minnesota Insurrection: Are We Headed for Collapse? | Tom Bilyeu Show

But this level of inequality is the result of intentional wealth transfer.

Tom Bilyeu's Impact Theory
China Moves In, Billionaire Exodus, and the Minnesota Insurrection: Are We Headed for Collapse? | Tom Bilyeu Show

But if the rich aren't the problem, who is?

Tom Bilyeu's Impact Theory
China Moves In, Billionaire Exodus, and the Minnesota Insurrection: Are We Headed for Collapse? | Tom Bilyeu Show

To answer that question, you have to know how people get wealthy.

Tom Bilyeu's Impact Theory
China Moves In, Billionaire Exodus, and the Minnesota Insurrection: Are We Headed for Collapse? | Tom Bilyeu Show

More than 70% of all multimillionaires are self-made.

Tom Bilyeu's Impact Theory
China Moves In, Billionaire Exodus, and the Minnesota Insurrection: Are We Headed for Collapse? | Tom Bilyeu Show

So it's not through inheritance.

Tom Bilyeu's Impact Theory
China Moves In, Billionaire Exodus, and the Minnesota Insurrection: Are We Headed for Collapse? | Tom Bilyeu Show

To get wealthy, you have to build something and own it, or bet on something and win.

Tom Bilyeu's Impact Theory
China Moves In, Billionaire Exodus, and the Minnesota Insurrection: Are We Headed for Collapse? | Tom Bilyeu Show

What do you build?

Tom Bilyeu's Impact Theory
China Moves In, Billionaire Exodus, and the Minnesota Insurrection: Are We Headed for Collapse? | Tom Bilyeu Show

A business.