Tom Bilyeu
👤 SpeakerAppearances Over Time
Podcast Appearances
Capitalism.
How do we fix it?
Socialism.
That's the logic.
It's wrong, but that is exactly what's going to happen.
Because if you get into the realities of, no, wait, in 1913, we created this thing called the central bank and central banks smooth out like the problems.
And it really does that.
And it really is good at that.
But, oh, it does come with one problem.
You can't save your money because you're going to get annihilated by inflation because every time something bad happens and bad things happen all the time with increasing frequency, we have to steal from everybody.
and smooth that out.
And what that means is you have to own stocks, not just the right stocks, or sorry, not just stocks, the right stocks.
And so I know you're too busy working three jobs right now and you're trying to raise a family.
Thank you, by the way.
But you are going to have to figure out where to invest your money and a meaningful percentage of your money.
And if you don't, you're going to get left behind.
That's the actual economy.
But you will notice the problem is
That we spend more money than we take in in taxes.
And nobody understands that part.