Tom Bilyeu
π€ SpeakerAppearances Over Time
Podcast Appearances
Whether by conspiracy or simple incentive structures, we find ourselves in the middle of something I'm calling the invisible coup, that by design or accident,
is siphoning the wealth out of the middle and working classes and funneling it up to the wealthy.
Everybody can feel it.
You can see it.
It is patently obvious.
It all happens via a very simple set of mechanisms.
And the current structure of the private credit market is just the latest tool facilitating this wealth transfer that you need to protect yourself against.
Here's how the coup is playing out.
The setup of our current economic system uses central banking and modern monetary theory
aka debt, deficits, money printing, and inflation to push risk, cost, and vulnerability away from the banks who will be backed up by money printing and they shove it onto anyone who holds a fiat currency like the dollar.
Then the system insulates the banks from the downside of these risks by classifying them as too big to fail.
This designation acts like an insurance backstop paid for via money printing, which causes inflation.
The one thing that the average person does not understand well enough to revolt against
allowing inflation to function as a hidden tax on the working and middle classes.
Anyone who understands this structure, which can effectively be rounded to the wealthy, knows to put essentially all of their money into assets to not only avoid the hidden tax of inflation, but to benefit from it.
That's the game.
And private credit is just the most recent method of displacing risk across as many taxpayers as possible while concentrating the wins, if there are any, at the top.
Heads they win, tails you lose.
Now, the question becomes, what do you do about it?
Obviously, master the rules of the game, even if the game is rigged.