Tom Bilyeu
👤 SpeakerAppearances Over Time
Podcast Appearances
You want to borrow it for 10 years.
And so as those numbers go up, now you're running into trouble.
Now you're getting into the position where you're in a expensive debt position.
And when debt is expensive, the economy cools down.
To answer that question, it comes down to the fundamental, what do you think about 1913?
Do you like there to be creative destruction or do you want there to be no creative destruction?
It's a set of trade-offs.
So Scott Besson is a very clever man who has made...
billions of dollars off of understanding currency moves.
And remember he was the guy with George Soros that broke the British pound.
It's wild to think that people can do that, but they did.
And so,
He understands how this stuff works.
He understands that if we stop the bleeding, we stabilize the global markets, but we also keep the zombie train running because it's people from the top saying, I'm going to devalue the dollar by making more of it.
I'm going to punish anybody who saves money.
I'm going to punish anybody that doesn't understand assets.
I'm going to deepen the K-shaped economy.
I'm going to rev up populism.
But there won't be an acute depression.
And so if you're like, bro, I'll let you shove me to the bottom of the K-shaped economy all day.