Tom Bilyeu
👤 SpeakerAppearances Over Time
Podcast Appearances
Okay.
Step one, balance the budget.
Never let the government spend more.
Step two, I guess.
Never let the government spend more than the rate of GDP growth in debt.
So if your rate of growth is 1.8, you can spend up to 1.8% in debt because you'll make it up in one year.
That's not so bad.
If it's 3%, 3%.
But that's it.
and deregulate housing dramatically, not to zero, but dramatically, because the only asset that people understand intuitively is a house.
So if you do those things, then you can't imagine how much better things would be just fixing those.
It wouldn't be a panacea, but holy bejesus, that would solve so many problems because then you could look at people and go, hey, listen, just save your fucking money.
Just save your money.
Because it's not going to be inflated away into nothing because they're not money printing.
And you'll be fine.
Save, save, save.
And once people can save their way to money, if somebody doesn't save, that's on them.
But right now you have a system.
The people that are failing, it's not because they did anything wrong.
They're failing because they've been smashed in the face