Tom Bilyeu
๐ค SpeakerAppearances Over Time
Podcast Appearances
Why is it that instead of people going, let's build more houses, like even if it's just young, disaffected people, why aren't they banging that drum?
But instead they're gravitating towards people like Mamdani who are like, don't worry, I'm gonna control from the top down.
I'm gonna control the prices of your rent.
Why, given that you're the maestro of the psychology of money and spending and all that, why do people break in the direction of what I'll call stupid policies instead of breaking in the let's look at what places do that actually have defeated this, whether it's Houston, whether it's Tulsa?
So what's in the psychology that breaks people towards socialism?
The scale really is crazy.
I'm sorry?
The scale really is crazy.
What does that mean though?
Is it just, so my, the drum that I beat to death is leave it to the public market.
So, or let private citizens try their entrepreneurial hand at something.
Before we started rolling, I was saying I'm always looking for the mechanistic cause of something like that.
So looking at why you can't build a house right now, part of it is nimbyism.
So not in my backyard.
People don't want to see that.
I won't even say they don't want to see the price of their house go down because it wouldn't if you just match demand, it's not going to go down.
It's just going to stay flat.
Yeah.
So they wanna see the property value go up and I get that, but at some point you have to break the reliance on that.
The other part for me is just this increasingly psychotic nanny state approach of we can't let anybody get hurt.