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"America Is About To Crash Into A Brick Wall"- Wealth, Rising War, AI & Elon Musk | David Friedberg 

Tom Bilyeu
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1 окт 2024

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Комментарии : 2,3 тыс.   
@TomBilyeu
@TomBilyeu 3 месяца назад
WARNING: I will NEVER ask for your contact info in the comments section, that is someone impersonating me!
@johnq1926
@johnq1926 3 месяца назад
Would give it to you instantly if you ever did!! 🥰🤩 l Love your stuff! Keep it up brother!!
@HKashaf
@HKashaf 3 месяца назад
@@johnq1926thats exactly why he said that
@elmerallen620
@elmerallen620 3 месяца назад
Bill Clinton didn't show anything about balancing the budget. It was Ross Perot. People are not open for a third party party.
@lppoqql
@lppoqql 3 месяца назад
Generally speaking David Friedberg is a well balanced person.
@alanmrsic893
@alanmrsic893 3 месяца назад
In Gold we Trust!
@themilkman7367
@themilkman7367 3 месяца назад
Your vote means nothing in when lobbyism is legal. This guy keeps talking about voting, and thinks there is a democracy, when the cold hard truth is there is no democracy.
@thesequelvintage
@thesequelvintage 3 месяца назад
The illusion of choice is the greatest weapon for the rich.
@luizmonad777
@luizmonad777 3 месяца назад
there is democracy, it is working exactly like all democracies always worked. a system is what it does. what you're seeing isn't a failure of democracy, but its purpose, its working precise as it should.
@willl7780
@willl7780 3 месяца назад
1000% correct...all we can do is buy gold and silver and waite
@themilkman7367
@themilkman7367 3 месяца назад
@@luizmonad777 Let me be clear. There is NO democracy. Your vote doesN'T matter. Why? Because Mr. or Mrs. Lobbyist comes along with a big sack of cash or cash equivalents and tells those "elected" people to do what they want. Simple as. You can "vote" for who you want, but your "vote" will never supersede monetary compensation.
@millennialfalcon7291
@millennialfalcon7291 3 месяца назад
There's no future without transparency and responsibility ... all I see is corporate greed/corruption multiplying every God given yr! And it goes globally ... scary af
@jfaulk5717
@jfaulk5717 2 месяца назад
Inflation is vicious regressive taxation on the poor and middle class.
@aspensulphate
@aspensulphate 2 месяца назад
I think of it more as _theft._
@KingNugget420
@KingNugget420 Месяц назад
Neither of these two guys gives two fucks about the poor or middle class
@zugzug6773
@zugzug6773 Месяц назад
Inflation is far worse, they take once and you pay forever.
@stacyliddell5038
@stacyliddell5038 3 месяца назад
As Milton Freidman said: "When you spend somebody else's money, you don't care how much you spend, because it's not yours."
@dmo7815
@dmo7815 2 месяца назад
The Department of Education is administered by the United States secretary of education. It has 4,400 employees - the smallest staff of the Cabinet agencies[5] - and an annual budget of $68 billion.[6] The President's 2023 Budget request is for $88.3 billion .
@jakeforrest
@jakeforrest 2 месяца назад
Milton Friedman talked about the four different ways of spending money. 1) you spend somebody else’s money on somebody else - you don’t economize and you don’t seek highest value. 2) you spent somebody else’s money on yourself - you don’t economize, but you do seek highest value. 3) you spend your own money on somebody else - you economize, but you don’t seek highest value. 4) you spend your own money on yourself - you economize, and you seek highest value
@jakeforrest
@jakeforrest 2 месяца назад
ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-XsRk9RThGt0.htmlsi=9VBabMV8IbBg0U7i
@stacyliddell5038
@stacyliddell5038 2 месяца назад
@@dmo7815 yep, they just continue to print, tax and spend. The entire budget is now $7 trillion. Crazy.
@XZH-le4cZxx
@XZH-le4cZxx 2 месяца назад
Our Government is a reflection of the people (we the people) yet in denial of a perpetuating problem of endless debt, 🤔…
@volakis1966
@volakis1966 3 месяца назад
Improved productivity is great, but not if it’s priced to gouge people. If corporations expect 20 % and 30% margins on a yearly income cycle, all the productivity in the world is not going to solve the problem. The problem is greed. Corporate greed, wanting to make 20 to 30% or more per year as an average gain is criminal when wages are stagnant or effectively at a net negative growth in relation to inflation.
@chrislastname1994
@chrislastname1994 27 дней назад
@volakis1966 it's more than just that. Unions, regulations, osha, etc all play a part as well. Then you have the actual workers themselves. It's hard enough to find good workers who aren't aging out. Then you factor in the mindset that they must have higher wages just because. It's weird how everyone wants to blame the "mega corporations" as if that's the focal point of everything. The majority of these places are actually franchised and not making billions of dollars. For instance you're local Walmart or burger King is likely owned and operated by local people. However, everyone sees the name and assumes its one giant entity.
@RareFoodsMarket
@RareFoodsMarket 3 месяца назад
His assessment that politics is run by advertising free stuff to the voters seems inaccurate to me. It's more like a political candidate appeals to the interests of powerful donors to fund their campaign, and once the powerful donors have picked their candidates, the regular voters are left to choose between a handful of corrupt options.
@chrislastname1994
@chrislastname1994 2 месяца назад
It's weird because he is implying there is some other magical option we could take. Doesn't matter who you vote in the same issues persist.
@brownsongbird
@brownsongbird Месяц назад
We could stop being so afraid to vote Independent and continuously going in circles with the same parties. Just an idea 🤷‍♀️​@@chrislastname1994
@richardbayne7566
@richardbayne7566 Месяц назад
Bingo
@bradj229
@bradj229 3 месяца назад
Federal Reserve prints money = no problem. Citizen prints money = counterfeit felony. Got it 👍🏻
@whiteorchid60
@whiteorchid60 3 месяца назад
Highway robbery. Does anyone see problem with printing $? (Rhetorical) Nothing is free. In the end, we pay for it all. We are not being helped, it's an illusion. We're paying for the printing of $. No wonder we are where t are in prices!
@BB_Icee
@BB_Icee 3 месяца назад
I learned that when I was 11... do more research
@bradj229
@bradj229 3 месяца назад
​@@BB_Icee You're a savant man. Amazing!
@vickikenton5439
@vickikenton5439 3 месяца назад
Print food, not money. Hatch quail, take their fertile eggs in 6 weeks and incubate them for more quail who will lay more eggs in 6 weeks!
@willl7780
@willl7780 3 месяца назад
What's realy sick is rich people and china making crap loads of money on treasury bills...driving up our debt and making a ton of money while we get skrewd
@dannybrown5205
@dannybrown5205 3 месяца назад
Tom you need floating floor mics. When you clamp them to the table, everything someone's hand hits the table our speakers pick it up
@t3r083
@t3r083 3 месяца назад
Seriously can’t believe at this point his audio quality is so mediocre
@dannybrown5205
@dannybrown5205 3 месяца назад
@t3r083 I'm sure he wears many hats. Just needs an obsessive perfectionist on his team looking at these things. Surprised nobody has caught that yet. Perhaps his people have gotten comfortable. The fear has faded away.
@alicassidy8913
@alicassidy8913 3 месяца назад
Drove me crazy in my headphones
@lowlines3239
@lowlines3239 3 месяца назад
agreed. time to get pro, the thuds gotta go.
@IJustHitTheFan
@IJustHitTheFan 3 месяца назад
clamping to table is fine, if they're suspended in a "flloating box", which they are not
@jonb32oz
@jonb32oz 3 месяца назад
$30 Trillion in debt… but weve got hundreds of billions for Ukraine and Illegal immigrant benefits.
@JohnDorian-j7x
@JohnDorian-j7x 3 месяца назад
We haven't even given them $200 billion yet... so, no... we don't have hundreds of billions for them yet. Not that that matters anyways, an extra 200 billion on 30 trillion is literally fractions of a single percent of debt increase... AKA, basically unnoticeable. If you actually cared about the US debt, you'd name something that actually matters and drastically affects US debt like social security or Medicare/Medicaid or half a dozen other federal programs that actually affect the US's federal debt count. But, of course, you don't care about things that actually matter, because you're trying to make a narrative that we're spending "insane" or "ridiculous" amounts outside of the country on things that don't affect Americans, and that that's why we're in such a tough financial spot.
@noseyparker6969
@noseyparker6969 3 месяца назад
@@JohnDorian-j7x Plus it's closer to 35trillion.
@bhindigosh1
@bhindigosh1 3 месяца назад
Don't forget money to israhell
@kyle6781
@kyle6781 3 месяца назад
​@@JohnDorian-j7x200 billion JUST to ukraine.. look what we give NATO yearly, WHO, and aid to the dozens of other countries. I'd guess all our foreign aid and NATO bills equals over 500B yearly.
@aendoh
@aendoh 3 месяца назад
Dont forget US was instrumental to nudging both sides into the conflict and then prolonging it….
@kenjo3045
@kenjo3045 2 месяца назад
The problem with Monsanto is not about altering seeds, it's the ownership of the seed source which is the problem. They have the potential of owning the food sources
@countrysister700
@countrysister700 2 месяца назад
Heirloom seeds. Vacuum sealed and or freeze dried
@erinl1730
@erinl1730 2 месяца назад
there's a problem with altering the seeds also to withstand pesticides. And yes patenting life, is not a good policy.
@douggraham8825
@douggraham8825 2 месяца назад
I highly value David Sacks.
@dr.MadisonSoley
@dr.MadisonSoley 3 месяца назад
borlest forbidden money books (thank me later)
@Rob1066-
@Rob1066- 3 месяца назад
I grow vegetables for myself to make "stuff.". Ordinary people producing stuff at home, and not being heavily extracted by gov and by BlackRock, is sustainable. All these suburban lawns should be haying for horses and other livestock, and ultimately, the horse manure, adds to soil fertility. You see invasive vegetation everywhere that has to be landscaped. All that unwanted vegetation can be fed to goats, or cut straight to garden mulch. Growing vegetables is a soul remedy to the high fructose corn syrup dystopia.
@E_Clampus_Vitus
@E_Clampus_Vitus 2 месяца назад
Seriously folks, food shortages are heading our way. Grow your own food 🍲
@domokun845
@domokun845 2 месяца назад
High fructose corn syrup giving me gout is real.
@faithsrvtrip8768
@faithsrvtrip8768 2 месяца назад
I agree. I hate lawns. I'll know it's bad in the US when HOAs let people dig up their front yard to plant food and let them have chickens in the back yard. Ask North Koreans how well people survive on grass. Answer? They don't. Grass and hay are animal feed, only.
@griffinsdad9820
@griffinsdad9820 2 месяца назад
Imagine the massive potential cottage industry from turning lawns or whatever parable land or even vertical garden boxes into food gardens! The cascade of awesomeness to our environment and ourselves is mind blowing
@E_Clampus_Vitus
@E_Clampus_Vitus 2 месяца назад
@@griffinsdad9820 Self watering containers are legit too. Great for water conservation.
@mamzellilooo
@mamzellilooo 3 месяца назад
Great video. I was a process control engineer (just retired 2/21/24) I would always stress test my projects just to make sure it would work under all conditions. Also depending on the government. But I found away of earning more income despite my Retirement. $47k weekly returns has been life changing, after so much struggles.
@babytruca02
@babytruca02 3 месяца назад
wow this awesome 👏 I'm 37 and have been looking for ways to be successful, please how do I make such weekly??
@mamzellilooo
@mamzellilooo 3 месяца назад
@@babytruca02Maria Angelina Alexander I really appreciate her efforts and transparency.
@mamzellilooo
@mamzellilooo 3 месяца назад
My outlook on money changed when I realized someone making $200K can retire broke & someone making $80K can retire a millionaire. With the current market movement.
@KuramaUchiha-id1ow
@KuramaUchiha-id1ow 3 месяца назад
You're correct!! I make a lot of money without relying on the government. Investing in stocks and digital currencies is beneficial at this moment.
@marcosvg90
@marcosvg90 3 месяца назад
I heard a CNBC news host spoke highly big about this name and her strategies, how she has been helpful to many people. Been trying to reach her since.
@mitziehammons315
@mitziehammons315 2 месяца назад
The problem is the Government is not "giving" the American working class anything. We were forced to pay into the programs and then the Government spent it all knowing people were going to eventually have to be paid back.
@biffhenderson5625
@biffhenderson5625 2 месяца назад
oh and democrats
@555Trout
@555Trout 2 месяца назад
Not really. Its always been a ponzi. You are paying for today's dependents.
@KingNugget420
@KingNugget420 Месяц назад
​@@biffhenderson5625guess you like more tax cuts for the rich huh 😂
@KingNugget420
@KingNugget420 Месяц назад
1:15:10 at what cost? How many small business owners were put out of business for this to happen?
@terryl858
@terryl858 Месяц назад
The USA government gamble it away and no you pay
@volakis1966
@volakis1966 3 месяца назад
The success of Amazon is a little more complicated than that, especially if you know anything about their policies in regards to affiliated seller sites, exclusivity deals with manufactures, noncompete, clauses, etc., etc..
@Greycat1973
@Greycat1973 3 месяца назад
Dear Nerd Bro, Nobody CARES about how much money you have. WE WANT HOUSES. We want to own a home that we can pass on to OUR KIDS. The Middle Class is DONE in America.
@charlielee3945
@charlielee3945 3 месяца назад
You can have one Go buy land and go build your house People are so out of touch. You think what’s going on since 1950s was the “American dream” lol you were sold a lie by bankers wake up You are a completely dependent, low economic productivity. The bankers don’t care to sell you anything anymore You need to go buy LAND to pass down not a “house” you didn’t even build that’s shit to begin with
@pdcdesign9632
@pdcdesign9632 3 месяца назад
Not just any house, affordable and in a decent location. Don't fall for that trap.
@DailyPragmatism
@DailyPragmatism 3 месяца назад
This truly is about 95% of what matters today. Very complex in terms of what is driving costs and unaffordability, but the main problem is simple. Until costs plunge by 50%+, the American dream is legitimately dead. I don’t see how more politicians don’t see this aside from being completely out of touch.
@buy.to.let.britain
@buy.to.let.britain 3 месяца назад
i dont work to own nothing. only a slave does that.
@buy.to.let.britain
@buy.to.let.britain 3 месяца назад
they want your kids to rent off them. why would they change that ?
@joshhoodrat451
@joshhoodrat451 3 месяца назад
A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesse from the public treasury. From that moment on, the majority always votes for the candidates promising the most benefits from the public treasury with the result that a democracy always collapses over loose fiscal policy, always followed by a dictatorship. The average age of the world's greatest civilizations has been 200 years. These nations have progressed through this sequence: From bondage to spiritual faith; From spiritual faith to great courage; From courage to liberty; From liberty to abundance; From abundance to selfishness; From selfishness to apathy; From apathy to dependence; From dependence back into bondage. - Alexander Fraser Tytler 1747-1813
@mpvmenon
@mpvmenon 3 месяца назад
Great comment!
@joshhoodrat451
@joshhoodrat451 3 месяца назад
@@mpvmenon “A society that puts equality - in the sense of equality of outcome - ahead of freedom will end up with neither equality nor freedom. The use of force to achieve equality will destroy freedom, and the force, introduced for good purposes, will end up in the hands of people who use it to promote their own interests.” -Milton Friedman
@Jack_Parsons-666
@Jack_Parsons-666 3 месяца назад
...and then Argentinians elected Milei. I'm not as big of a fan boy as these rich guys are, but I'm willing to wait and see how he does.
@chiragmehta8212
@chiragmehta8212 2 месяца назад
So true. Wish we could break this cycle. Too bad america will fall like this.
@maverickbull1909
@maverickbull1909 2 месяца назад
We’re at apathy and dependence. Next up: bondage
@dentman67
@dentman67 3 месяца назад
There's one thing you can always count on. These extremely rich guys always blame the middle class and poor for the countries financial issues.
@TrueLife..
@TrueLife.. 3 месяца назад
Yeah these people are full of shit
@pdcdesign9632
@pdcdesign9632 3 месяца назад
THEY ALWAYS USE THE "PULL YOURSELF BY THE BOOTSTAPS" NONSENSE. MANY PEOPLE DONT EVEN OWN BOOTS.
@jarvanwildrift8056
@jarvanwildrift8056 3 месяца назад
Correct biggest companies tax about 10% and they also invest to avoid tax on profit.
@LegalAutomation
@LegalAutomation 3 месяца назад
​@@jarvanwildrift8056Corporations don't pay taxes. Humans pay taxes. Corporate taxes should be abolished.
@kellyname5733
@kellyname5733 3 месяца назад
@@LegalAutomation corporations dont pay taxes. C'mon get up to speed.
@tobytilsed5333
@tobytilsed5333 3 месяца назад
Printing money during COVID was a catastrophe that transferred wealth in terms of real assets from the poor to the rich
@mwilliamson4198
@mwilliamson4198 3 месяца назад
It was mainly the lockdowns that did that. The "money printing" certainly contributed to greater income inequality indirectly by driving asset markets higher. Some people like Raoul Pal argue that the ongoing currency debasement is mainly done in order to offset the demographic issues that plague not only the US but all industrialised countries.
@tobytilsed5333
@tobytilsed5333 3 месяца назад
@@mwilliamson4198 what would those demographic issues be precisely?
@tobytilsed5333
@tobytilsed5333 2 месяца назад
@@mwilliamson4198 I'm waiting
@E_Clampus_Vitus
@E_Clampus_Vitus 2 месяца назад
Largest transfer of wealth in human history ✡️
@FirstLast-ii5cp
@FirstLast-ii5cp 2 месяца назад
@@E_Clampus_Vitus Scapegoat much?
@jed2049
@jed2049 2 месяца назад
So good to get Friedberg alone!!
@MrNullspace
@MrNullspace Месяц назад
So, so good. Honestly, the only one among the four I look forward to listening to.
@KatharsisderWelt
@KatharsisderWelt 3 месяца назад
I would argue that benefits given to people in this country are very neglible in comparsion to spending on non-sensical wars.
@brainchildguru
@brainchildguru 2 месяца назад
You’re actually completely wrong. We spend TRILLIONS a year on entitlements. We spend under $1T on defense.
@nosteinnogate7305
@nosteinnogate7305 29 дней назад
Why dont you do a 10 second google search before you "argue". You are completely wrong.
@DeplorableKulak-vp8ej
@DeplorableKulak-vp8ej 3 месяца назад
THIS IS WHY I WERE FOUNDING FATHERS DID NOT WANT COMMUNISM OR A CENTRALIZED BANKING SYSTEM. ALL POLITICIANS ARE CROOKS 😡☝️😊
@willl7780
@willl7780 3 месяца назад
Without fiat currency we would not need a central bank...central banks are the real empire killers
@vt6020
@vt6020 3 месяца назад
Communism didn’t exist at the time of the Founding Fathers.
@tzardelasuerte
@tzardelasuerte 3 месяца назад
Lol communism in the time of the founding fathers? Read a book.
@alicassidy8913
@alicassidy8913 3 месяца назад
Woodrow Wilson
@vt6020
@vt6020 3 месяца назад
Communism didn’t exist at the time of the Founding Fathers, and the Federal Reserve is centralized banking.
@legacychase3702
@legacychase3702 2 месяца назад
I enjoyed this talk much more than the past 2. Great job. It felt like less persuasion and more education. Solid ✊️
@kenjo3045
@kenjo3045 2 месяца назад
Friedberg is my favorite of the All-in group. He speaks when he has something valuable to contribute and does not bother with useless trivia. Please never leave the Podcast, it would be nothing without you
@seanpierre1338
@seanpierre1338 2 месяца назад
My favorite is jason! Always has intelligent and important things to say, and has really good predictions
@tuckerbugeater
@tuckerbugeater Месяц назад
@@seanpierre1338 will u sacrifice yourself for them?
@seanpierre1338
@seanpierre1338 Месяц назад
@@tuckerbugeater my comment was being sarcastic jason is the dumbest person that i listen to
@Whatifginger
@Whatifginger 22 дня назад
100000%
@seanpierre1338
@seanpierre1338 22 дня назад
@@tuckerbugeater im joking lol i hate jcal with a passion it keeps me up at night
@VP-bx2jj
@VP-bx2jj 2 месяца назад
I am 62 and I have worked my butt off for over 40 years and paid into Medicare for my entire working career with the promise that this benefit would be there for me when I turn age 65. Why should I be willing to give it up??!! I am now older and can't continue to work forever in order to have medical insurance through my employer. "Going without" means I can't have healthcare for my medical needs. Make younger people who are able to work give up their Medicaid!
@gregorylyon1004
@gregorylyon1004 Месяц назад
Young people want a free ride for whatever they can't afford
@mattsmith259
@mattsmith259 3 месяца назад
I have NOTHING!.... therefore, i dont give a FUCK!😂🎉😂🎉
@butterfly2604
@butterfly2604 3 месяца назад
I'm a poor Fuck too😂..But I have my brain left to keep the hope and keep trying change to it up..😂
@mattsmith259
@mattsmith259 3 месяца назад
@@butterfly2604 lol 😆
@julieterrell1973
@julieterrell1973 3 месяца назад
Im broke, but I had HOPE... I guess I spent that at the grocery.
@3CS_
@3CS_ 3 месяца назад
Ironic isn't it. Uncle Sam wants you to go to war for nothing? Pure stupidity
@crandonborth
@crandonborth 3 месяца назад
You definitely aren’t the only one… 😂
@davidlloyd1526
@davidlloyd1526 3 месяца назад
Same argument that has been rehashed for the last 50 years in the US.
@johnbuckner2828
@johnbuckner2828 3 месяца назад
Here is what AI had to say about SS 50 years ago: “The 1974 amendments to the Social Security Act addressed these concerns by increasing payroll taxes and benefit adjustments. These changes helped ensure the program's solvency for several decades.”
@matthewsmith2362
@matthewsmith2362 3 месяца назад
Well get SS in 30 years but it’ll be 2600 a month and the cost of a studio will be 6000 a month.
@johnbuckner2828
@johnbuckner2828 3 месяца назад
@@matthewsmith2362 I was thinking the same thing, and I’m glad I have my house paid down. Probably the only thing that will save me.
@kellyname5733
@kellyname5733 3 месяца назад
@@johnbuckner2828 Your paid of house or anything else will be taken by our Govt. 'You will own nothing and be happy'.
@johnbuckner2828
@johnbuckner2828 3 месяца назад
@@kellyname5733 rentals, subscriptions, cbdc, ubi, 5 monopolistic global corporations, but restrictions on my soda size & travel distance.
@PureBloodUsa
@PureBloodUsa 3 месяца назад
What happens if you vote somebody in and the person ends up being a liar and does exactly the opposite of what they campaigned on? That's what happens all the time. So, voting is not the answer because people change all the time. They're coerced they're bribed, they're blackmailed. There's all kinds of reasons.
@kellyname5733
@kellyname5733 3 месяца назад
Your describing our political system today and for the last 50 years
@alicassidy8913
@alicassidy8913 3 месяца назад
They tell us one thing and do another
@MrManny075
@MrManny075 3 месяца назад
You have to look at Congress and the Senate to see voting is a BS scam many of them are older guys who have been in their seats for decades and guarantee a win all the time,
@intentionalinfluence3542
@intentionalinfluence3542 3 месяца назад
They should have to actually submit proposal ma to the public, we approve them & then if they don’t follow through they go to jail. You should go to jail if you promise the public one thing and do another. Oh wait, that would imply accountability.
@Questioneverything982
@Questioneverything982 3 месяца назад
You have three choices and two have them have already run the government so you know what they will do which has put the US where it is today! So the only choice is RFK Jr which is going to give the country back to the people.
@antonywilder2104
@antonywilder2104 2 месяца назад
I love this channel. I listen on my headphones. One request. Can you please stop tapping the desk, your microphone booms. Thanks
@piranaINdesert
@piranaINdesert 3 месяца назад
The guest fails to explain that the existence of a functional SS does not necessarily have to correlate with printing money.
@EricJGonzalez
@EricJGonzalez 3 месяца назад
Speaking of GMOs like they don't come with strings attached is very misleading. Just look at Monsanto and how aggressively they pursue royalties from their breed of rice. If you plant and grow their roce seed, your field essentially belongs to them. That's not to say nothing of the unknown health concerns stemming from GMO foods.
@populisttrope9385
@populisttrope9385 3 месяца назад
He was an executive at Monsanto
@JohnDorian-j7x
@JohnDorian-j7x 3 месяца назад
After their contracts ends, they can always stop using Monsanto's seeds and go back to old varieties... but, there's a reason why the average farm doesn't.
@YoungBlackTrep
@YoungBlackTrep 3 месяца назад
​@@populisttrope9385sold his company for 1B to Monsanto
@BusyAir
@BusyAir 3 месяца назад
I've read that stray seeds that blow into neighboring farmland then become Monsanto's, too.
@altdoom5205
@altdoom5205 3 месяца назад
@@JohnDorian-j7x Once you plant GMO, the land can no longer support natural.
@mgwright56
@mgwright56 3 месяца назад
Wait a minute! Does this guy think there is a politician who ACTUALLY gives a shit about the debt? Funny stuff!
@garythecyclingnerd6219
@garythecyclingnerd6219 3 месяца назад
Obviously they do. It’s in the interest of politicians and plutocrats to preserve the financial solvency of the US.
@japorto100
@japorto100 3 месяца назад
@@garythecyclingnerd6219 Not necessarily. If the US cripples (similar to the soviet union) there will be an insane amount of almost free investments. A handful of people would actually benefit massively. When most people lose wealth some get a huge part of that lost wealth. I see i it quite similar to the energy preservetion
@Mastermindyoung14
@Mastermindyoung14 3 месяца назад
Yes. RFK. You haven't been paying attention. Do better.
@mattmyers2624
@mattmyers2624 3 месяца назад
@@garythecyclingnerd6219 Not when their funders who have placed them are aiming to collapse the US economy to cause chaos to make it easy for complete capture.
@garythecyclingnerd6219
@garythecyclingnerd6219 3 месяца назад
@@japorto100 I can’t overstate how patently evil and stupid you have to be to believe that blowing up the the world’s biggest economy and reserve currency will be beneficial to you.
@downtownbun
@downtownbun 3 месяца назад
Our taxes are going to Ukraine to fund American industries, however, that money goes into the pocket of oligarchs. Very little goes into production and jobs for the little people and some fat cat is on track to be the next billionaire. That is the problem. US taxpayers fund the RISK while fat cats REAP the PROFITS. That model is WRONG.
@jasonmcconnell9419
@jasonmcconnell9419 2 месяца назад
The preponderance of Gov't spending that created this mess is unconstitutional. The idea a constitutional amendment would solve anything is ludicrous. The constitution is only as good as the people who make up the society it serves. If the people are capricious, reckless and ill informed no constitution will protect them from gov't or much more; themselves. An example: The seizing of bank accounts during the Canadian trucker protest was later ruled unconstitutional by the Canadian supreme court. Didn't stop it happening and no punishment was meted out for the violation.
@ObiWanSatoshi
@ObiWanSatoshi 3 месяца назад
David doesn’t get it. Please refer him to the what is money podcast with Breedlove. Thanks Tom.
@JayGlascoe
@JayGlascoe 3 месяца назад
In the future, a space cowboy will lasso a heavy metal asteroid and bring it into Earth's orbit for mining, causing gold and platinum prices to plummet.
@DaysOfFunder
@DaysOfFunder 3 месяца назад
To achieve this and cause a crash it needs to be done quickly. To achieve this quickly requires funding. To take on funding requires debt, which when transformed to revenue will balance everything out. That's my thoughts
@Caleb-r3x
@Caleb-r3x 3 месяца назад
This is awesome, I always want to hear more of Dave’s points on All In. He is definitely the highest signal person on that pod.
@Icarianbrother
@Icarianbrother 3 месяца назад
The government raided the Social Security Insurance fund. The government won't negotiate lower drug prices with drug companies, because drug companies buy our politicians with campaign contributions. The guest failed to mention this.
@JE-bd3wu
@JE-bd3wu 3 месяца назад
Please explain in detail how govt raids social security funds. When you fail to do so please reconsider whatever source told you that and learn how to make better decisions in your life. it's truly embarrassing for humanity.
@Icarianbrother
@Icarianbrother 3 месяца назад
@@JE-bd3wu George W. Bush White House Archives- How much has the government taken from the Social Security fund? The Government Has Borrowed $1.7 Trillion From The Social Security Trust Fund. The government has borrowed the total value of the Trust Fund to pay for other government spending.
@RhettAnderson
@RhettAnderson 2 месяца назад
Social Security didn't start with a loaded trust fund. The fund (there are two funds, one for disability and one for retirement) goes up when there is a surplus in payments in vs payments out, and down when there is a deficit. The money being paid into the system goes to the people getting paid by the system. I think people misunderstand the trust funds. They are just a buffer. There isn't a pile of cash in the funds. There are government obligations. So, really, it's not separate from the money printing problem. It's part of it. "Raiding" isn't what most people think it is in this case.
@stoicvoyager6545
@stoicvoyager6545 2 месяца назад
@@JE-bd3wu Social Security ran surpluses for many years, the money was supposed to be put aside for population increases in the future (now). But instead of putting it aside they rolled it into the general funds so they could give tax cuts to the rich. The truth is that social security and medicare pay for themselves and aren't the problem. It's actually you that's ignorant here and an embarrassment to humanity.
@carlkligerman1981
@carlkligerman1981 2 месяца назад
He also failed to mention that corporate welfare is a far bigger drain on the public purse than all social programs COMBINED!
@AH-tx1nj
@AH-tx1nj Месяц назад
One of the amazing things I love about idaho is we have laws against deficits. We HAVE TO balance our budget every year.
@denisecatlett7203
@denisecatlett7203 2 месяца назад
My number one issue is unchecked, unsustainable, dangerous immigration. My second issue is energy independence. We get those right, we are stronger, safer, and richer! Duh!!!!!
@dt8921
@dt8921 3 месяца назад
I’m curious as to why in the first 5 mins Tom mentions Trump and Biden and how neither is giving a plan to stop the spending yet he did not mention Bobby Kennedy who has mentioned in his campaign all the issues he’s going to fix including the spending.
@garythecyclingnerd6219
@garythecyclingnerd6219 3 месяца назад
Except Trump massively increased the deficit and Biden massively cut it. Under Obama, we had steady economic growth, low inflation, and the deficit reduced every year. If he had a 3rd term, we would be paying down the debt.
@Mastermindyoung14
@Mastermindyoung14 3 месяца назад
@@garythecyclingnerd6219 Biden is on track to break Trump's atrocious inflation record. Biden is cooked. Fighting over those 2 is absolutely INSANE
@jullian2598
@jullian2598 3 месяца назад
@@garythecyclingnerd6219 the last two presidents had increased the deficit by more than all previous presidents combined and its pretty much half and half. Federal spending has not slowed down but the growth of the real economy has and the farther the two separate the more apparent the issues will be.
@FibbonachiCrusader
@FibbonachiCrusader 3 месяца назад
​@garythecyclingnerd6219 this is a fantasy. I am not a fan of Trump, but no where does the data indicate we would be 'paying back' the debt if Obama's policies had only been extended 4 more years. He would have had covid to deal with, and would have turned on the money printer, jacked inflation and increased the rate of dollar debasement. Trump is incompetent, but neither Biden or Obama were fiscally responsible.
@zyzzer
@zyzzer 3 месяца назад
​@@garythecyclingnerd6219I've heard some insane lies in my day but this comment is probably top 5 now. You're either benefiting financially from these lies or you're just so ignorant of reality you must Biden is doing a "great job"
@MrGravity304
@MrGravity304 3 месяца назад
The recession is here, where do investors look at for wealth gains now? mortgage rates still on the rise with higher imports and lower exports, yet the Fed is to lessen cost. Something will eventually break if they keep raising interests and quantitative tightening.
@NotyourBusiness-urto6
@NotyourBusiness-urto6 3 месяца назад
if you want to hold on to cash, put it in a safe deposit box, if you want assets, buy things people need in a shtf society, food, ammo, wood, water filters, tools, have a skill at building and fixing
@E_Clampus_Vitus
@E_Clampus_Vitus 2 месяца назад
Invest in tortillas !
@rickeshpatel4025
@rickeshpatel4025 2 месяца назад
This needs to be a debate because many of the points made have simple and factual answers as to the psychology of nations based on socioeconomic status.
@shawnkhodai7665
@shawnkhodai7665 3 месяца назад
Oh snap didn’t expect the sultan of science on here
@willcollins5660
@willcollins5660 2 месяца назад
Dear Tom, what happen to good old days of self-help, self-improvement content? What's up with all this fear content and doom and gloom videos?
@GoddessKate-cc1dc
@GoddessKate-cc1dc 3 месяца назад
Great transmission. as always. I appreciate the no-nonsense approach you take to the news and the markets. A lot has changed and that's about it but the truth is that I don't even care much about the bull or bear market anymore because Ashley Anderson covered me while I'm doing comfortably. 20k-30k every week and I'm still counting thanks to her❤️
@JohnTrudell-sy4sx
@JohnTrudell-sy4sx 3 месяца назад
YES!!! that's exactly her name (Mrs Ashley Anderson) So many people have recommended highly about her and I'm just starting with her from Brisbane Australia🇦🇺
@GoddessKate-cc1dc
@GoddessKate-cc1dc 3 месяца назад
Ashley Anderson's crypto knowledge is like a secret recipe for success
@PhilipWilson-zv3qz
@PhilipWilson-zv3qz 3 месяца назад
Please educate me I've come across this before. How can I get to her, please?
@GoddessKate-cc1dc
@GoddessKate-cc1dc 3 месяца назад
She's on tele grams
@GoddessKate-cc1dc
@GoddessKate-cc1dc 3 месяца назад
Anderash
@JT-ld5kh
@JT-ld5kh 3 месяца назад
A lot of us wouldn't be worried about our income going up If everything didn't keep continuously getting more expensive! If I made what I make now, but everything was the same price it was 15 years ago, trust me, I'd be satisfied.
@whiteorchid60
@whiteorchid60 3 месяца назад
Amen JT
@kellyname5733
@kellyname5733 3 месяца назад
Your J O B stands for 'Just Over Broke'.
@newchallengers9420
@newchallengers9420 3 месяца назад
You can't see how that's mathematically impossible??? Lol wtf
@JohnDorian-j7x
@JohnDorian-j7x 3 месяца назад
Tell me you know nothing about economics without telling me you know nothing about economics, lmao
@CleanPowerAuto
@CleanPowerAuto 3 месяца назад
For productivity to increase we have to actually produce stuff here in the US. Tangible stuff, not just GPT chat bots.
@nosteinnogate7305
@nosteinnogate7305 29 дней назад
GPT boosts productivity. And its just the beginning of AI technology.
@JohnJohnCrusher
@JohnJohnCrusher 3 месяца назад
This is good for totally clueless people. Like a kindergarten class on economics. C'mon man.
@Mohglee
@Mohglee 3 месяца назад
Tom Bilyeu just scratches below the surface of a subject and then acts like you’re so below him it’s difficult to talk to you. Can’t stand this guy but his guests are good.
@shaedailey5543
@shaedailey5543 3 месяца назад
RFK Jr. is talking about all of these issues!!!!
@HKashaf
@HKashaf 3 месяца назад
He supports genocide in Palestine in full. Also, he is supported by billionaires for his campaign, so he is already compromised.
@krellin
@krellin 3 месяца назад
i don't know the laws of US political systems but isnt he hout of this election cycle? democrats chose biden republicans trump no?
@mynewbeachgig4388
@mynewbeachgig4388 3 месяца назад
RFK Jr. is sick and he's only tempting you. He's only gaining momentum because he's the 3rd person, an alternative, but he is the last person you should be behind. Think smart and realistically: Biden, for now.
@witchywomen6650
@witchywomen6650 3 месяца назад
Sadly, that is why he won't win.
@mynewbeachgig4388
@mynewbeachgig4388 3 месяца назад
@@witchywomen6650 He is capturing an audience.
@scottpulver
@scottpulver 2 месяца назад
Note, Tom is a GREAT listener. People in leadership positions that are affective are great listeners.
@xokelis0015
@xokelis0015 3 месяца назад
@02:07:55 Its not that GMOs are bad necessarily, its that some of the biggest disasters that happen to us have come from human intervention by a centralizing authority and on an industrial scale. The real GMO skeptics are skeptical of the claims that GMOs are "safe", because such a claim will only play out in time. We won't know the negative effects, if any, of those GMOs potentially for decades, so people should be skeptical of the "safe" claim. It's like how Fauci couldn't have known if the jab was safe or not, yet he loudly and proudly proclaimed that it was. Well it wasn't, and all the alternative treatments which were decried as conspiracy theories and doctors were silenced over them ended up being correct. I'll never give up my horse medicine. Be skeptical of things that have only been around in the short term. The negative effects sometimes take decades to play out. Just look at how bad vegetable oils and high fructose corn syrup has been for us.
@robynopenshaw5268
@robynopenshaw5268 2 месяца назад
100%. The scary thing about this guy condescending to those in FL etc he claims who are just defending the meat industry … I’m a vegan and stand with DeSantis on this! … we won’t find out what lab grown meat and food does to us till 20 years later.
@nathanmezenghe589
@nathanmezenghe589 2 месяца назад
"some of the biggest disasters that happen to us have come from human intervention from central authority on industrial scale" 👈🏽 💯 This was so obvious during the covid, like why force mRNA vaccines on people when millions pros & non pros are skeptical 🫤
@andrewm5612
@andrewm5612 2 месяца назад
Every breakthrough technology is a double edged sword by nature. They’re paradigm shifts that inevitably destroy precursor industries and replace them with new ones. If you recall he laid out his worldview on these kinds of technologies an hour before the GMO discussion and essentially said top down gov regulation cripples their growth and that these technological leaps are worth the risks as humans have historically fine tuned them over time. We don’t use lead pipes anymore, we don’t use asbestos in insulation, we rotate crops now instead of destroy the topsoil, we pasteurize milk, we have expiration dates on food, we have workers rights, etc etc. as technology becomes more groundbreaking it undoubtedly comes with higher risks but there’s no reason to believe we can’t combat them and we certainly shouldn’t willfully retard the trajectory of humanity out of fear of the unknown. Even our most prehistoric ancient hominid ancestors left the canopies of the trees and become bipedal. It’s not only philosophically unsophisticated to accept a certain threshold of technology as being the idea human condition it’s literally inhuman to do so. Our entire biological and civilizational trajectory is defined by rapid and extreme adaptation and innovation. Any reasonable and thinking person approaches new concepts with skepticism but GMOs have been on the market for 50 years and as he pointed out have contributed to a surplus in food resources globally and has aided entire swaths of the population. He used the gmo “golden rice” example to illustrate this fact. The same is true with vaccines and RFK has recently shifted societies understanding on them to a great extent but even he concedes that the risks, though present are minuscule relative to their net positive. He’s the biggest public advocate for pharmaceutical transparency in the country and even he doesn’t delegitimize the vital role they play in modern society. In fact every time I’ve ever heard him talk about vaccines he always makes a point to tell the interviewee/audience that him and his kids are all vaccinated.
@andrewm5612
@andrewm5612 2 месяца назад
In fact if i recall correctly RFK has never sued a pharmaceutical company to cease production or distribution of vaccines he’s only ever sued against willful deceit/coverup and refusal to acknowledge adverse symptoms and compensate victims.
@jhubbard7256
@jhubbard7256 2 месяца назад
Food ‘protein’ grown from sugar in a fermenter tank…vs animals raised on vegetation grown in soil and sunshine - kinda like fake eggs or corn/soy feed for chickens vs farm fresh pasture-raised organic eggs. Completely different nutrition profile.
@monkeysezbegood
@monkeysezbegood 2 месяца назад
US govt suffers extreme corperate capture, tax is a funnel to corperations. Rfk jr is talking about these issues.
@Elmapadelguerrero
@Elmapadelguerrero 3 месяца назад
To say that poker players are gamblers is like saying that people who go to the gym use steroids. Its fine to learn and show that you dont know everything... But cmon man, that was ignorant and disrespectful...
@Banmuyuan
@Banmuyuan 3 месяца назад
Federal reserve is not federal, it's private bankers. The US government borrows from the federal reserve and pay interests to those bankers.
@mwilliamson4198
@mwilliamson4198 3 месяца назад
Yup. The most recent one is the myth that the Fed is independent of the Treasury. Which is another myth that is quickly dying
@E_Clampus_Vitus
@E_Clampus_Vitus 2 месяца назад
It’s not federal and there are NO reserves! 😂
@mitziehammons315
@mitziehammons315 2 месяца назад
@Banmuyuan And the Bankers are able to print money out of thin air. Is it any wonder the oligarchs rule us? It's insane that people allow a small cabal to control the monetary system and enslave the rest of us in debts that we can never pay.
@nosteinnogate7305
@nosteinnogate7305 29 дней назад
The interest is paid to the FED, not to the people running the FED.
@Banmuyuan
@Banmuyuan 29 дней назад
@@nosteinnogate7305 to the people who own the FED.
@ben_unleaded4933
@ben_unleaded4933 3 месяца назад
Kennedy 2024
@alexwatson6370
@alexwatson6370 3 месяца назад
Anyone with a brain can understand this...the government should never be allowed to have fiat debt
@3CS_
@3CS_ 3 месяца назад
Ponzi scheme
@E_Clampus_Vitus
@E_Clampus_Vitus 2 месяца назад
It’s really not hard to grasp. Folks who would NEVER allow themselves and their family to fall into debt have zero problem with the government going into tremendous debt. The US government is a rental car.
@toddjohnson271
@toddjohnson271 20 дней назад
Most people have no idea where or how government gets or utilizes money. Its like a child getting money from Dad at the carnival.
@SamyFidel
@SamyFidel 3 месяца назад
Don't be skared 😮😮😮😮😮😮😮😮😮lean not on your own understanding..
@jabster58
@jabster58 2 месяца назад
Corporations are causing much of the problem with greed inflation. Corporations own the government
@E_Clampus_Vitus
@E_Clampus_Vitus 2 месяца назад
You’re close. Now start thinking about all the ways that government protects you from the evil corporations. The government is actually a tool the corporations use to hammer you. The government is far worse than any corporation.
@XZH-le4cZxx
@XZH-le4cZxx 2 месяца назад
Our Government is a reflection of the people (we the people) yet in denial of a perpetuating problem of endless debt, 🤔…
@jakethomas1829
@jakethomas1829 3 месяца назад
...into a BRICS wall.
@garythecyclingnerd6219
@garythecyclingnerd6219 3 месяца назад
Which is failing lol. The Saudi’s didn’t even actually get off the dollar.
@l-dixon4231
@l-dixon4231 3 месяца назад
LOL Facts
@jakethomas1829
@jakethomas1829 3 месяца назад
Peso is a more likely our new replacement, you know, cause that solid southern border. @garythecyclingnerd6219
@Haxzyr
@Haxzyr 3 месяца назад
@StateDept
@dipf7705
@dipf7705 3 месяца назад
​@@garythecyclingnerd6219 how many more countries are on board since a couple years ago
@HoneyBadger80886
@HoneyBadger80886 3 месяца назад
That "program", social security, is a Contract between me and my government. I kept my part thru 50 years of military service and gainful employment. Uncle Sam must keep his word.
@jarvanwildrift8056
@jarvanwildrift8056 3 месяца назад
Correct, problem in the US cant be that kind of spending. Look at Sweden much lower debt but better social care for the people.
@karensosa4767
@karensosa4767 3 месяца назад
Good luck on Uncle Sam keeping their word!!
@JohnDorian-j7x
@JohnDorian-j7x 3 месяца назад
The US is keeping its word for you 50+ year olds... its trying to STOP it for future generations before they get vested into the program though... and for some reason, they won't.
@alexr1301
@alexr1301 Месяц назад
The constitution already says we should only use gold and silver as money and therefore that there’s also no central bank.
@alexatedw
@alexatedw 2 месяца назад
The thing these guys miss is that money is obsolete in 5 years so
@SoniaOliveira-d1w
@SoniaOliveira-d1w 3 месяца назад
Hit 240k today. I'm really grateful for all the knowledge and nuggets you had thrown my way over the last months. Started with 14k in December 2022
@ShieldsCortney-f7x
@ShieldsCortney-f7x 3 месяца назад
I would really love to know how much work you did put in to get to this stage.
@Markaymond
@Markaymond 3 месяца назад
Which signal do you guys trade?
@SoniaOliveira-d1w
@SoniaOliveira-d1w 3 месяца назад
Thanks to Mr Harrick Jason.
@Denise607
@Denise607 3 месяца назад
I'm surprised that this name is being mentioned here, I stumbled upon one of his clients testimony on CNBC news last week.
@Markaymond
@Markaymond 3 месяца назад
Alright thanks, but how do I reach him?
@IanMoone-bl7le
@IanMoone-bl7le 3 месяца назад
The Saudis didn't renew our PETROL DOLLAR Contract that we've had for 75 Years
@johnbuckner2828
@johnbuckner2828 3 месяца назад
😕
@righteousmammon9011
@righteousmammon9011 3 месяца назад
This is fake news and it never existed in the first place
@bkthedefbeatz
@bkthedefbeatz 3 месяца назад
ofcourse because of Brics
@dr9299
@dr9299 3 месяца назад
What contract? All of Social Media repeats this but Nobody seems to be able to produce a copy. It seems they ALWAYS accepted other currencies.
@ProgrammingWIthRiley
@ProgrammingWIthRiley 3 месяца назад
You mean the handshake agreement, they broke immediately? The Saudi’s are not our allies.
@jasonfleeman8367
@jasonfleeman8367 3 месяца назад
Voters will never vote for less. DC will never limit or stop its spending. The solution is to pass and ratify a statutory constitutional limitation on spending through the Article V convention mechanism in the Constitution. 19 of the 34 required states have already done this and if you will help educate folks about this option it could be a viable solution. Thanks
@E_Clampus_Vitus
@E_Clampus_Vitus 2 месяца назад
The solution is to force the legislature to pass a bill that bans ALL sitting members of congress from seeking re-election should they exceed the budget.
@monkeysezbegood
@monkeysezbegood 2 месяца назад
Remove corperations from govt . Rfk Jr.
@E_Clampus_Vitus
@E_Clampus_Vitus 2 месяца назад
@@monkeysezbegood Better off removing government from corporations
@georgelewis8831
@georgelewis8831 2 месяца назад
Elon is creating embodied AI that will help us through this mess
@ezbreezymovers
@ezbreezymovers 2 месяца назад
1:29 its not about risk of loosing, its that the risks are bigger than just land related disputes and we have literally never got to this level before as a species. AI / Nukes / WWIII
@taroman7100
@taroman7100 2 месяца назад
AI sucks and yet they will install it anyway. Tech is a threat to our existence for sure. It is divorcing us from our humanity in that it is replacing us entirely. So what could go wrong?
@TOMReefer
@TOMReefer 3 месяца назад
This guy is right! Right in line with RFKJR! Why isn’t he mentioning RFK!
@dipf7705
@dipf7705 3 месяца назад
He cant win. The best possibility is vp
@YoungBlackTrep
@YoungBlackTrep 3 месяца назад
Because he is a vaccine shill.
@jullian2598
@jullian2598 3 месяца назад
Declare your Independence folks!
@videoluvr4204
@videoluvr4204 3 месяца назад
what does this mean?
@BigHotSauceBoss69
@BigHotSauceBoss69 3 месяца назад
I did. I own Bitcoin.
@jutru8782
@jutru8782 3 месяца назад
@@videoluvr4204RFKjr 2024🇺🇸🇺🇸🇺🇸
@alicassidy8913
@alicassidy8913 3 месяца назад
How??
@stubaka3175
@stubaka3175 3 месяца назад
@@videoluvr4204RFK Jr has been spouting a lot of what these people talked about and he happens to be a presidential candidate this year. The phrase they said is his campaign slogan because he’s running 3rd party (might change tho since he said something about the DNC).
@MsSwiftie
@MsSwiftie 3 месяца назад
Why do I never hear from economists about the huge waste of tax payer money that goes to supporting other countries like Israel and Ukraine? The amounts are enormous, spent on warmongering, supporting regimes, and its led by the lobbists in Washington who in turn, are getting ungodly wealthy on the back on average Joe.
@captiveamerica1776
@captiveamerica1776 3 месяца назад
Because most of that money doesn't go to those countries, it goes straight to US companies with military contracts who make the weapons that we then send to those countries. The corrupt politicians are getting their share of those profits so they will always vote to "send money" to those countries.
@kyle6781
@kyle6781 3 месяца назад
Because it's such a small %.. waste? Absolutely.. and I hate it as well, our foreign aid to dozens of countries is bullshit and we pay most of NATO, the WHO and so on.. but we've gave ukraine 200 billion in 3 years, of 34T debt that 200B is only 0.7% of our debt. So it's nothing.. BUT 200B shouldn't be going to help americans
@E_Clampus_Vitus
@E_Clampus_Vitus 2 месяца назад
The fact we give these countries so much money actually artificially props up the value of our fiat currency. Once we give someone a free billion dollars, they spend that money and the people that they purchase from also spend that money. It’s a joke way to maintain value though.
@waelaltaqi
@waelaltaqi 2 месяца назад
If you want to maintain super power status then you got to give freebies. If we don’t, some other power will. Create a vacuum, some other power will fill it in, and quickly.
@georgelewis8831
@georgelewis8831 2 месяца назад
It’s ironic that you don’t see how technology such as AI will come up with unforeseen solutions to all your fears
@WEIXELTOWN
@WEIXELTOWN 2 месяца назад
The debt isn't real for two reasons: If you can print yourself out of debt...it can't be real and secondly, if the U.S. Treasury wanted to eliminate the debt in its entirety, all they would have to do is issue a $34 Trillion coin and hand it over to the Federal Reserve.
@toddjohnson271
@toddjohnson271 20 дней назад
Printing, or creating digits, creates more debt. It does not lower it.
@adamdonovan4071
@adamdonovan4071 3 месяца назад
The question is does the money printing make the war inevitable, or is the desire for the war why they print the money? I think it’s the latter.
@ibzharris884
@ibzharris884 3 месяца назад
seems so cyclical. wars themself cause mass deficits due to gov spending, debt etc.. however wars also stimulate economies and post war reconstruction efforts stimulate exports... and the cycle goes on.. and on.. and on... draw a timeline of US wars and budget status it's interesting. something like this: 1939 1944 1949 1954 1959 1964 1969 1974 1979 1984 |---------|---------|---------|---------|---------|---------|---------|---------|---------|---------|------------|------------| |--WWII--| |-----Korea-----| |---Vietnam---| |---Gulf War---| |---Deficit---| |---Surplus---| |-----Deficit-----|---Surplus---| |---Deficit---| |---Surplus---|
@mwilliamson4198
@mwilliamson4198 3 месяца назад
It's more likely that they print at least some of the money as a consequence ultimately of demographics (as Raoul Pal and others have argued for a while now) - to compensate for lower workforce participation, which has been trending lower for 50 years. And the money printing now is part of the debt refi cycle that Michael Howell has been talking about for ages. Of course not denying some of the money printing is also in aid of the military-industrial complex and their kleptocracy
@adamdonovan4071
@adamdonovan4071 3 месяца назад
@@mwilliamson4198 money printing is inflationary, not deflationary. It does not compensate for low economic participation, it makes those issues worse.
@eyecubed85
@eyecubed85 3 месяца назад
RFK is the way! F the duopoly. At the very least help the man on the ballot. We need to blaze a path and precedent for third party candidates. Then come November it’s your business. But right now this is America’s need. Chances are you won’t love next red and blue candidate. We need to expand the field.
@JohnDorian-j7x
@JohnDorian-j7x 3 месяца назад
RFK Jr. is a joke, lol
@eyecubed85
@eyecubed85 3 месяца назад
@@JohnDorian-j7x from a auto-generated username. ohhhkay lol
@noseyparker6969
@noseyparker6969 3 месяца назад
STOP BANGING THE DESK!!
@JWKDESIGN
@JWKDESIGN 3 месяца назад
Producer shoulda jumped in after 2 minutes... don't clamp the mics to the desk, put down a foam pad thingy, something...ANYTHING. yeah, unfortunately SUPER distracting...
@MSinc1
@MSinc1 3 месяца назад
Drove me NUTZ 😂
@pin65371
@pin65371 3 месяца назад
He moves his hands a lot.. lol..
@hikintrailsndrinkinales
@hikintrailsndrinkinales 2 месяца назад
Listening to this pod cast: 🫨🫨🫨
@joecortez2100
@joecortez2100 2 месяца назад
And how much is spent on government pensions, benefits and special programs for government employees. I don't remember signing a document, to provide these individuals with a retirement plan. Stop the madness
@E_Clampus_Vitus
@E_Clampus_Vitus 2 месяца назад
All government jobs should be replaced by Doordash. Once the task is done, they are unemployed. No benefits.
@vr3692
@vr3692 27 дней назад
David's ability to simplify complex concepts and connecting the dots together is next level.
@ronclarke154
@ronclarke154 2 месяца назад
A great guest, so bright and informative He has a grasp of everything from science, to the nature of humanity Why can’t we have people like him at the head of our political systems making the tough decisions
@jkramsammy
@jkramsammy 3 месяца назад
Why the host didn’t ask any important follow up questions…. He just let This guy ramble on.
@pdcdesign9632
@pdcdesign9632 3 месяца назад
hOW MANY TIMES DID THE GUEST CORRECT HIMSELF?
@captiveamerica1776
@captiveamerica1776 3 месяца назад
Just 2 clueless rich guys, having a conversation about what the poors need to do with their lives.
@johnq1926
@johnq1926 3 месяца назад
1 trillion dollars just in interest!! No wonder they need to tax your ass sets so much! 😅
@strych9-oj9uz
@strych9-oj9uz 3 месяца назад
This all sounds great but then there's Knoll's Law. His discussion of cancer therapies that are coming up is, um, rosy. I can absolutely guarantee you that they will have more side effects than he's suggesting. One of the things he discusses, "reprogramming T cells" comes in a flavor called "CAR-T" (Chimeric Antigen Receptor Therapy) does work quite well but it has a often ignored side effect of causing T-cell lymphoma later on in a surprisingly high number of cases. Why? Truth is, we don't really know. The fact that we don't really know the "why" here should be concerning because, ultimately, it means we're playing life and death games with things we don't really understand. Now, in some cases no one cares because the current cancer would kill you anyway so the risk is worth it. But smoldering myeloma is a perfect example of something where the statistical risk of the treatment is worse than the prognosis of the disease. (Unless it goes beyond smoldering.) Which isn't to say that we shouldn't be doing this, but we should tread very carefully and we should not oversell anything. One of the things to be careful with in biology is that there is no free lunch. When you "improve" something drastically you're generally borrowing from somewhere else. If you deplete the resources "over there" we're going to call that a "side effect". Many of them are going to be really rather nasty. There are some really cool things that don't seem to really cause problems because they don't really "borrow" from anywhere. BH3 mimetics come to mind, for example. Yes, cancer therapy has come a long way. The people talking about how awful things are, mostly, are talking about decades old things and ignoring the newer stuff. But the newer stuff is often oversold as a "miracle" and really, honestly, doesn't do much. There are several types of these drugs (I'm thinking of certain kinase inhibitors here) that, statistically, simply prolong life a few months at enormous cost and if we're honest, they do produce quite a bit more suffering by allowing the person to survive longer than they really should but without actually really doing much FOR the patient. Which doesn't mean that they don't work in some cases but they're oversold to patients.
@chasbari
@chasbari 2 месяца назад
He's pretty casual about stating that, in the course of all these "revolutionary" treatments that some people will die. I'm sure Mengele felt the same way. But.. let's not hinder "progress.."
@Ascerian
@Ascerian 20 дней назад
Really really liked this guest and this episode. Thank you 🙌🏻
@jabarigraham
@jabarigraham 2 дня назад
If you want to see more of him watch the all in podcast you’ll love it they also recently had Elon musk on🔥
@stewarta238
@stewarta238 3 месяца назад
21:49 yeah until these greedy corporations decided to produce more and still increase prices. Greed has to be stopped.
@The_Sacred_Feminine
@The_Sacred_Feminine 3 месяца назад
So stop buying what the corporations are selling! End of corporation, end of problem.
@LegalAutomation
@LegalAutomation 3 месяца назад
You believe that corporations were less greedy in 2019. Then in 2021 corporations became extra greedy. Then in 2023 through 2024 corporations became less greedy again on a month-over-month basis? Any scientific backing for these wild claims? How are you measuring "greed" and how many additional units of greed do corporations have compared to pre-pandemic levels of greed?
@kellyname5733
@kellyname5733 3 месяца назад
Bible says that in the end times the desire for money/wealth (greed) will be infinite.
@MrManny075
@MrManny075 3 месяца назад
@@LegalAutomation It has nothing to do with greed, businesses need to make a profit otherwise what's the point, when the fed creates a lot of money that action devalues the dollar so businesses have no choice but to raise their prices to make a profit
@E_Clampus_Vitus
@E_Clampus_Vitus 2 месяца назад
Greed is a two way street, isn’t it. Who is funding these “greedy” people? Why don’t they stop funding them?
@jackgoldman1
@jackgoldman1 3 месяца назад
Your real money is your time, but only money for me. My life is finite and ends. Labor ends. We are lucky to live in such a glorious time.
@kcf7710
@kcf7710 3 месяца назад
Great explanations, thanks for this
@katarinahinsey3931
@katarinahinsey3931 2 месяца назад
I used to hate Tom's interview style, but he's improved so much that I know am really getting a lot out of the interview and enjoying it. Tom is asking some great questions and the ideas are really fascinating.
@vimal-cliobconsulting
@vimal-cliobconsulting 2 месяца назад
I didn't know about this podcast lol
@abandy6465
@abandy6465 2 месяца назад
I'm so glad Tom interviewed Friedberg. He is my favorite on the All In. This brought me in and gave me a chance to watch Tom - love the show. I'm definitely subscribing and I want to hear a lot more interviews from Tom. Maybe try Michael Saylor next? In terms of David, I love how David thinks. He's a free thinker and really what our country needs. If David Friedberg said the same thing on 10 other podcasts, I'd watch every second of those other podcasts like I did this one. I wish he'd be more vocal and debate harder in every All In Podcast because when David is involved, those are the best ones. I'd really love for David to touch millions of others by doing more 1-1 interviews as well. He is an incredible and powerful voice. He is extremely rational and well studied with history as well as very in tune with innovation. I just can't get enough David Friedberg. Maybe he should write a book as well.
@lorimoore5589
@lorimoore5589 3 месяца назад
How do these other countries take care of their old people and the health of everyone without being a cluster fuck?
@wakeupamerica399
@wakeupamerica399 2 месяца назад
Not so sure about the Mars thing
@tonequin4562
@tonequin4562 2 месяца назад
Friedberg needs to be on Joe Rogan
@tobytilsed5333
@tobytilsed5333 3 месяца назад
I don't understand why this man is holding the population responsible for the fiscal policy of economists and politicians...over which they had no choice or input [if either party in a two party game makes the same call then there is no alternative]
@Nicholas-Doyle
@Nicholas-Doyle 2 месяца назад
Hey @tombilyeu, you notice the rumble every time David touchss the table? You can get rid of that and have cleaner audio by decoupling the mics from the table. Put them on their own c stands with boom arms to get them in front of you. That way any time a guess like to use their hands, you don’t get that distracting rumble in the audio.
@Robyn-Hood
@Robyn-Hood 2 месяца назад
I love David 🎉🎉🎉
@andrewvela6312
@andrewvela6312 2 месяца назад
Comparing one fiat currency against another, and saying one has gone up in value against the other, is like being on a sinking ship in the ocean and looking across at another ship that is sinking faster, and thinking you are being lifted up. In this scenario something with intrinsic value, like gold, can be compared to dry land, which is not sinking.
@nobodynever7884
@nobodynever7884 2 месяца назад
More valuable than gold would be to buy the currency of the sinking ship that comes from the country where the oil that powers those ships comes from.
@tammys8711
@tammys8711 2 месяца назад
Love ALL IN!!
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