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Tom Bilyeu

๐Ÿ‘ค Speaker
9304 total appearances

Appearances Over Time

Podcast Appearances

Tom Bilyeu's Impact Theory
Economic Insecurity, Political Division, and the Youth Vote Shaping the Future | Tom Bilyeu Show Live

But if you don't give back, then it's like, whoa, I'm not giving to you the next time.

Tom Bilyeu's Impact Theory
Economic Insecurity, Political Division, and the Youth Vote Shaping the Future | Tom Bilyeu Show Live

It's something known as tit for tat.

Tom Bilyeu's Impact Theory
Economic Insecurity, Political Division, and the Youth Vote Shaping the Future | Tom Bilyeu Show Live

So that is.

Tom Bilyeu's Impact Theory
Economic Insecurity, Political Division, and the Youth Vote Shaping the Future | Tom Bilyeu Show Live

what's in the human mind.

Tom Bilyeu's Impact Theory
Economic Insecurity, Political Division, and the Youth Vote Shaping the Future | Tom Bilyeu Show Live

And so for a while, we have run a strategy that just assumes everybody's a good person.

Tom Bilyeu's Impact Theory
Economic Insecurity, Political Division, and the Youth Vote Shaping the Future | Tom Bilyeu Show Live

The reason that we could assume that is because people do not understand the economy.

Tom Bilyeu's Impact Theory
Economic Insecurity, Political Division, and the Youth Vote Shaping the Future | Tom Bilyeu Show Live

They don't understand the impact of money printing.

Tom Bilyeu's Impact Theory
Economic Insecurity, Political Division, and the Youth Vote Shaping the Future | Tom Bilyeu Show Live

They don't understand why if I print $1, there's no problem in the economy.

Tom Bilyeu's Impact Theory
Economic Insecurity, Political Division, and the Youth Vote Shaping the Future | Tom Bilyeu Show Live

Why I print a million dollars, there's no problem in the economy.

Tom Bilyeu's Impact Theory
Economic Insecurity, Political Division, and the Youth Vote Shaping the Future | Tom Bilyeu Show Live

They don't actually understand the mechanism.

Tom Bilyeu's Impact Theory
Economic Insecurity, Political Division, and the Youth Vote Shaping the Future | Tom Bilyeu Show Live

It's very explainable.

Tom Bilyeu's Impact Theory
Economic Insecurity, Political Division, and the Youth Vote Shaping the Future | Tom Bilyeu Show Live

It's straightforward.

Tom Bilyeu's Impact Theory
Economic Insecurity, Political Division, and the Youth Vote Shaping the Future | Tom Bilyeu Show Live

It isn't simple.

Tom Bilyeu's Impact Theory
Economic Insecurity, Political Division, and the Youth Vote Shaping the Future | Tom Bilyeu Show Live

And most people aren't going to be able to grasp it.

Tom Bilyeu's Impact Theory
Economic Insecurity, Political Division, and the Youth Vote Shaping the Future | Tom Bilyeu Show Live

But nonetheless, because there isn't one for one, they then just go, oh, it's fake.

Tom Bilyeu's Impact Theory
Economic Insecurity, Political Division, and the Youth Vote Shaping the Future | Tom Bilyeu Show Live

It's not a real thing.

Tom Bilyeu's Impact Theory
Economic Insecurity, Political Division, and the Youth Vote Shaping the Future | Tom Bilyeu Show Live

And so we can just print as much money as we want.

Tom Bilyeu's Impact Theory
Economic Insecurity, Political Division, and the Youth Vote Shaping the Future | Tom Bilyeu Show Live

Honestly, they're not even thinking about it that far.

Tom Bilyeu's Impact Theory
Economic Insecurity, Political Division, and the Youth Vote Shaping the Future | Tom Bilyeu Show Live

They're just steering by their feelings.

Tom Bilyeu's Impact Theory
Economic Insecurity, Political Division, and the Youth Vote Shaping the Future | Tom Bilyeu Show Live

And so it takes a while for all of this stuff to build up in the economy that it becomes a big enough problem that we then go, wait a second, hold on.