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Tom Bilyeu

👤 Speaker
26541 total appearances

Appearances Over Time

Podcast Appearances

Tom Bilyeu's Impact Theory
Why the U.S. Can’t Repay Its Debt, What Comes Next, and How to Prepare | Ray Dalio - PT 1 (Fan Fave)

When the Fed printed money to backstop what looked like it was going to be a potential contagion from SVB, obviously, I think there were five banks that ended up failing.

Tom Bilyeu's Impact Theory
Why the U.S. Can’t Repay Its Debt, What Comes Next, and How to Prepare | Ray Dalio - PT 1 (Fan Fave)

Is this now contained or is what the Fed did just going to forestall something that's inevitable?

Tom Bilyeu's Impact Theory
Why the U.S. Can’t Repay Its Debt, What Comes Next, and How to Prepare | Ray Dalio - PT 1 (Fan Fave)

Yeah, I agree with you.

Tom Bilyeu's Impact Theory
Why the U.S. Can’t Repay Its Debt, What Comes Next, and How to Prepare | Ray Dalio - PT 1 (Fan Fave)

So I want to go back.

Tom Bilyeu's Impact Theory
Why the U.S. Can’t Repay Its Debt, What Comes Next, and How to Prepare | Ray Dalio - PT 1 (Fan Fave)

One, thank you for the feedback that I was being super vague.

Tom Bilyeu's Impact Theory
Why the U.S. Can’t Repay Its Debt, What Comes Next, and How to Prepare | Ray Dalio - PT 1 (Fan Fave)

I think that's really helpful.

Tom Bilyeu's Impact Theory
Why the U.S. Can’t Repay Its Debt, What Comes Next, and How to Prepare | Ray Dalio - PT 1 (Fan Fave)

So let's start getting really specific.

Tom Bilyeu's Impact Theory
Why the U.S. Can’t Repay Its Debt, What Comes Next, and How to Prepare | Ray Dalio - PT 1 (Fan Fave)

much as we can knowing that people are gonna be sort of at very different places as they're hearing this but I think this will be helpful so one the video that you're talking about and I'll speak for you and correct me where I go astray but I watched the video multiple times think it's really extraordinary and basically to put it in a really small nutshell it's basically go out try things fail a lot learn and keep progressing and that that's basically if I remember right you have like this sort of circular ascent and

Tom Bilyeu's Impact Theory
Why the U.S. Can’t Repay Its Debt, What Comes Next, and How to Prepare | Ray Dalio - PT 1 (Fan Fave)

It's from the failing and the learning that you ultimately make the progress.

Tom Bilyeu's Impact Theory
Why the U.S. Can’t Repay Its Debt, What Comes Next, and How to Prepare | Ray Dalio - PT 1 (Fan Fave)

But if you put your head down, you don't want to see your mistakes.

Tom Bilyeu's Impact Theory
Why the U.S. Can’t Repay Its Debt, What Comes Next, and How to Prepare | Ray Dalio - PT 1 (Fan Fave)

You don't want to see the flaws in your thinking.

Tom Bilyeu's Impact Theory
Why the U.S. Can’t Repay Its Debt, What Comes Next, and How to Prepare | Ray Dalio - PT 1 (Fan Fave)

You're going to trap yourself at a plateau and you're never going to be able to push beyond that.

Tom Bilyeu's Impact Theory
Why the U.S. Can’t Repay Its Debt, What Comes Next, and How to Prepare | Ray Dalio - PT 1 (Fan Fave)

So you've got to seek out disconfirming evidence.

Tom Bilyeu's Impact Theory
Why the U.S. Can’t Repay Its Debt, What Comes Next, and How to Prepare | Ray Dalio - PT 1 (Fan Fave)

You have to seek out where you're weak.

Tom Bilyeu's Impact Theory
Why the U.S. Can’t Repay Its Debt, What Comes Next, and How to Prepare | Ray Dalio - PT 1 (Fan Fave)

And in fact, one thing I will – I sort of disagree.

Tom Bilyeu's Impact Theory
Why the U.S. Can’t Repay Its Debt, What Comes Next, and How to Prepare | Ray Dalio - PT 1 (Fan Fave)

I get what people mean.

Tom Bilyeu's Impact Theory
Why the U.S. Can’t Repay Its Debt, What Comes Next, and How to Prepare | Ray Dalio - PT 1 (Fan Fave)

So when you say know your nature, I will say by nature –

Tom Bilyeu's Impact Theory
Why the U.S. Can’t Repay Its Debt, What Comes Next, and How to Prepare | Ray Dalio - PT 1 (Fan Fave)

I love that.

Tom Bilyeu's Impact Theory
Why the U.S. Can’t Repay Its Debt, What Comes Next, and How to Prepare | Ray Dalio - PT 1 (Fan Fave)

So I'll push that a step further.

Tom Bilyeu's Impact Theory
Why the U.S. Can’t Repay Its Debt, What Comes Next, and How to Prepare | Ray Dalio - PT 1 (Fan Fave)

And I will say this.

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