Tom Bilyeu
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Podcast Appearances
Yeah, to me, this is the nightmare of all nightmares for all of the reasons that you just said.
But I think it also plays into another thing that I become increasingly obsessed with, which is inflation is manmade and inflation is simply an unbalanced budget where the government says, oh, we have a shortfall.
And so we're going to print money.
I won't get into the mechanisms right now, but certainly my audience is used to hearing me talk about that.
We're gonna print money and that causes the value of each dollar to go down, which creates the illusion of asset prices going up.
Now some asset prices really do become, or some assets really do become more productive and therefore actually are worth more.
But I would say on balance that you're really tracking inflation.
And so you put people into this position where
the K-shaped economy is born out of people don't understand assets.
They don't understand asset ownership, full stop.
Most people couldn't even tell you what assets are.
And so they are in a position now where there is a way to save yourself from that unbalanced budget, from that inflation to get into owning the stock market or whatever.
But as of right now,
10% of people on 93% of the assets.
So just the math tells you that the vast majority of people don't put any meaningful amount into their 401k or whatever.
And the one asset that they intuitively understand that they don't even need to think of as an asset that their wife is going to harangue them to go buy is a house.
Yes.
Now, what do you think about Trump putting a ban on investors being able to go in or big companies being able to go in and scoop up house after house after house?
Is it going to help?
We're hitting pause for a moment, but there's plenty more ahead, so don't go anywhere.