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Tom Bilyeu

👤 Speaker
9304 total appearances

Appearances Over Time

Podcast Appearances

Tom Bilyeu's Impact Theory
America’s Economic Breakdown, Minnesota’s Political Bombshell & The Rise of Gen1 Robots | The Tom Bilyeu Show LIVE

What they're talking about is getting rid of private property.

Tom Bilyeu's Impact Theory
America’s Economic Breakdown, Minnesota’s Political Bombshell & The Rise of Gen1 Robots | The Tom Bilyeu Show LIVE

So you can't own the property yourself.

Tom Bilyeu's Impact Theory
America’s Economic Breakdown, Minnesota’s Political Bombshell & The Rise of Gen1 Robots | The Tom Bilyeu Show LIVE

You can do something with it if you've got the right approvals and all of that.

Tom Bilyeu's Impact Theory
America’s Economic Breakdown, Minnesota’s Political Bombshell & The Rise of Gen1 Robots | The Tom Bilyeu Show LIVE

But it's not owned by you.

Tom Bilyeu's Impact Theory
America’s Economic Breakdown, Minnesota’s Political Bombshell & The Rise of Gen1 Robots | The Tom Bilyeu Show LIVE

It's owned by the government.

Tom Bilyeu's Impact Theory
America’s Economic Breakdown, Minnesota’s Political Bombshell & The Rise of Gen1 Robots | The Tom Bilyeu Show LIVE

Now, do things get better or worse when the government takes it over?

Tom Bilyeu's Impact Theory
America’s Economic Breakdown, Minnesota’s Political Bombshell & The Rise of Gen1 Robots | The Tom Bilyeu Show LIVE

Worse always and forever because there's no money signal price signal there's no competition and so there's no one forcing you to get better when you only have one department of water and power in your town they're going to be ass when you only have one internet service provider they're going to be ass.

Tom Bilyeu's Impact Theory
America’s Economic Breakdown, Minnesota’s Political Bombshell & The Rise of Gen1 Robots | The Tom Bilyeu Show LIVE

when the government runs something, it's just going to be ass, like by definition.

Tom Bilyeu's Impact Theory
America’s Economic Breakdown, Minnesota’s Political Bombshell & The Rise of Gen1 Robots | The Tom Bilyeu Show LIVE

As a quick reminder, the rate of retirement from the United States government is bottlenecked by how fast we can move files into a mine where the files are stored.

Tom Bilyeu's Impact Theory
America’s Economic Breakdown, Minnesota’s Political Bombshell & The Rise of Gen1 Robots | The Tom Bilyeu Show LIVE

In the age of AI and computers, we still physically move the files into a mine shaft.

Tom Bilyeu's Impact Theory
America’s Economic Breakdown, Minnesota’s Political Bombshell & The Rise of Gen1 Robots | The Tom Bilyeu Show LIVE

Okay, that's real.

Tom Bilyeu's Impact Theory
America’s Economic Breakdown, Minnesota’s Political Bombshell & The Rise of Gen1 Robots | The Tom Bilyeu Show LIVE

I'm not making that up.

Tom Bilyeu's Impact Theory
America’s Economic Breakdown, Minnesota’s Political Bombshell & The Rise of Gen1 Robots | The Tom Bilyeu Show LIVE

So that's what happens when the government runs something.

Tom Bilyeu's Impact Theory
America’s Economic Breakdown, Minnesota’s Political Bombshell & The Rise of Gen1 Robots | The Tom Bilyeu Show LIVE

Democratic socialism is socialism.

Tom Bilyeu's Impact Theory
America’s Economic Breakdown, Minnesota’s Political Bombshell & The Rise of Gen1 Robots | The Tom Bilyeu Show LIVE

Social democracy, which is what I think you're getting at.

Tom Bilyeu's Impact Theory
America’s Economic Breakdown, Minnesota’s Political Bombshell & The Rise of Gen1 Robots | The Tom Bilyeu Show LIVE

He said democratic socialism.

Tom Bilyeu's Impact Theory
America’s Economic Breakdown, Minnesota’s Political Bombshell & The Rise of Gen1 Robots | The Tom Bilyeu Show LIVE

He said democratic socialism, not social democracy.

Tom Bilyeu's Impact Theory
America’s Economic Breakdown, Minnesota’s Political Bombshell & The Rise of Gen1 Robots | The Tom Bilyeu Show LIVE

So social democracy is ultra high tax across everyone.

Tom Bilyeu's Impact Theory
America’s Economic Breakdown, Minnesota’s Political Bombshell & The Rise of Gen1 Robots | The Tom Bilyeu Show LIVE

It's the Nordic model.

Tom Bilyeu's Impact Theory
America’s Economic Breakdown, Minnesota’s Political Bombshell & The Rise of Gen1 Robots | The Tom Bilyeu Show LIVE

Okay, copy.