Had to shut off this video and downvote it about 24+ minutes in when you blamed the collapse of Argentina on Keynesian Economics. You completely ignore the role of rich people in the USA and other countries causing economic and military "mischief" in countries like Argentina because the original socialist government of Argentina would not bow down to their demands. South and Central America have an entire history of the USA and other countries interfering on the behalf of billionaires who want to own the entire infrastructure of said countries. Venezuela is another perfect recent example. They wanted to socialize some of their oil production to provide for their people and the oil industry went ballistic. Same with all the land. This video is totally disingenuous and comes across as propaganda. And you will probably have this post censored.
@LQ-gaming5 ай бұрын
when are you getting Richard Heart on? BPD had him !
@RobertoMartinez-k4y5 ай бұрын
There is a simple answer to all the questions about bitcoin, Central bank have the power to print all the dollars and buy into bitcoin if they want to take control, them it will not be decentralized, and it is traceable. In reality has no function other than speculation and hope the price going up.
@1Sun1115 ай бұрын
it is really boring to hear you hyping bitcoin, a type of crypto without any further function
@eddiemorales6155 ай бұрын
I took ALLL my money out my bank… I have gold, silver, A goood amount of bitcoin, etheruem, XRP and some meme coins and CASH …. I put $1000 in my bank every month just to pay for my certain transactions that come out my account every month. Now I’m just waiting to see this game play out these next two years … because I do believe the future of crypto will play out for our ecosystem these next two years.
@recongraves5 ай бұрын
Same. ......😢xrp tho y.
@SonnyVakil5 ай бұрын
Dude check out icp just do research on it trust me
@MikeStJacques4 ай бұрын
Bitcoin is *King!*
@jermainecampbell47013 ай бұрын
Where did u purchase your gold from
@recongraves3 ай бұрын
@@jermainecampbell4701 lcs is best bet. Are you in the States?
@GloriaMoore012 ай бұрын
*How to build wealth*
@GloriaMoore012 ай бұрын
I made amazing decisions that changed my finances (over 1M in 2yrs) through my financiaI pIanner. Got my 3rd house Iast month and will retire soon.
@GloriaMoore012 ай бұрын
ELIZABETH GREEN HUNTS
@GloriaMoore012 ай бұрын
Get to her with her name..
@RebeccaGorin2 ай бұрын
Good I got here. Big Thanks
@ScottNathan-e7u2 ай бұрын
Amazed by this, will partake on it surely.
@scrubfive92395 ай бұрын
"Don't keep cash in the bank!". Don't worry, I keep very little cash in the bank, It all goes to bills. 💀
@_FJB_5 ай бұрын
Taxes, aka wasteful spending on fuking stoopid shyt!
@Man-u-flex5 ай бұрын
Yea I cheat the system the same way
@steverobinson87715 ай бұрын
Fuck bills, just buy Bitcoin
@Michael-qy1jz5 ай бұрын
Uy Ring up your credit cards, make a few payments and stop paying. Lol. Remember, your NOT spending someone's saved money, you are spending brand new credit into the system that was Created out or Thin Air by Law !!
@YVMedia5 ай бұрын
😂😂😂
@GatoradeAppreciator5 ай бұрын
This guy described EXACTLY why inflation is so bad. It is degrading to your time, energy and effort. He gets it.
@K_dyub5 ай бұрын
Dudes an og. Of course he gets it.
@geoms62635 ай бұрын
only if you are paid by the hour and not for your contribution or talent
@K_dyub5 ай бұрын
@geoms6263 if you're paid in fiat, it's irrelevant
@flinch6225 ай бұрын
Not quite. A discussion of "risk appetite" and getting spending "under control" means there actually IS disposable income to be found. So there's a touch of crackhead logic as presented. Here's what wipeout looks like: pay basic bills, cut insurance to the bone [as in drop life coverage and health in order to afford car insurance], fill your gas tank and whatever is leftover is your menu choice at home - zero eating out, and good steaks are a thing of the past. Beer is a memory. We're not talking Suze Orman silliness here [like giving up lattes or whatever], but any little hiccup forcing a choice between paying water or electric bill and if the car breaks down you ought not pay to tow it [if you want to fix it this quarter] - parts alone will mean food off the table, so its a friend with a tow strap [you hope] or start walking.
@geoms62634 ай бұрын
@@K_dyub i convert fiat for btc
@FredMeyer-no3ji3 ай бұрын
The problem we have is because Most people always taught that " you only need a good job to become rich. These billionaires are operating on a whole other playbook that many don't even know exists.
@richdreamzbeats99819 күн бұрын
Exactly
@moneropete16 күн бұрын
not only this, we were taught that you don't even need to be rich to have a good life. "money cant buy happiness" blah blah
@FactsMatter99916 күн бұрын
@@moneropetenot everyone can handle too much money tho. Just ask any rocker from the 80s and the top singers in grunge from the 90s how it went for them once they got rich and famous. Many have gone absolutely more miserable after winning the lottery …excessive money isnt everything…it absolutely helps if you know how to handle it but most people don’t …except for Sam Bankman-Fried. Oh wait 😩😩
@willd.80408 күн бұрын
The only way to become rich/wealthy, is either to be the CEO of a major corporation, start a business that is very successful, or invest. But most think that saving is the way, because they either don’t understand how stocks work or they’re scared of losing money, and that will never make someone rich. Maybe after 10-20 years, they’ve saved a good amount. But they missed out on at least doubling if not tripling that money by not investing. Not even accounting for inflation and the loss of purchasing power.
@Yu10l105 ай бұрын
Most underrated guy in finance today. Always has the best and most articulate papers.
@bensavage63895 ай бұрын
Dei him
@jb94335 ай бұрын
Nonsense. There is no real content to what he says.
@Emilahp4 ай бұрын
Arthur Hayes is one of the smartest people in finance I click on him every time. Super genius, pay attention.
@imnguyen66584 ай бұрын
@@Emilahpbut yet he chooses a crypto that is very centralized and with a transparent ledger. 🙄
@Emilahp4 ай бұрын
@@imnguyen6658 he invests in many cryptos… from Bitcoin to GMX etc
@driz775 ай бұрын
SInce 1980, the U.S. middle-class has had HALF of their real wealth redistributed into the top 10%, and mostly the top 1%, and mostly again the top 0.1%.
@scrubfive92395 ай бұрын
Biggest redistribution of wealth in history happened during Covid. And it was wealth going from the middle class to the big corporations like Blackrock.... 💀
@xmanc56875 ай бұрын
Covid redistributed a lot of money to the wealthy with the lockdowns and forced vax
@henrythegreatamerican81365 ай бұрын
Yet nobody in the video mentioned the massive detrimental effects of Regan's revolution on the country. Bet this post gets censored. Anytime you mention Regan negatively censors kick in. But you can easily google all the stuff he did that led to the crisis we are in now.
@beeftestosterone48405 ай бұрын
More than half lol
@dbanks1285 ай бұрын
The system is designed to depopulate and enslave the masses
@Julietarocha-i5k2 ай бұрын
Preparing for the Impending Great Depression: Strategies for Thriving During The Great Reset. Wondering about the right timing for stock investments? Curious about the timeline for a complete economic recovery? Puzzled about how some individuals are generating over $450k in profits within months in the current market scenario? These questions have left me perplexed.
@Kai-p2g2 ай бұрын
Yes, a good number of folks are raking in huge 6 figure gains in this downtrend, but such strategies are mostly successfully executed by folks with in depth market knowledge
@CurtisM-r4j2 ай бұрын
A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
@Shirley_P-c2c2 ай бұрын
@@CurtisM-r4j How can I participate in this? I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?
@CurtisM-r4j2 ай бұрын
Her name is. ‘JENNIFER LEA JENSON’. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
@LeonorSouza92 ай бұрын
I just looked her up on the internet and found her webpage with her credentials. I wrote her a outlining my financial objectives and planned a call with her
@Humansunited4 ай бұрын
Arthur is by far the most interesting guest of all time. I click on his face every time it pops up without fail because I know it’s going to be good. Knowledgeable and based af.
@HydskiTris4 ай бұрын
Let me gues... you re black.. dont ask me how did I know
@morrisj234 ай бұрын
@@HydskiTrislet me guess you’re white
@dreamingflying24 ай бұрын
Black white purple who cares, it makes no difference, he's cool. Soon he will be talking about Kaspa. KAS is KING. If you don't know look it up. Its the future of peer-to-peer money.
@morrisj234 ай бұрын
@@HydskiTris let me guess you’re white and you’re adept at accusing everyone of bias except yourself
@natesandoval69175 ай бұрын
I love listening to Arthur Hayes. He's so intelligent and so knowledgeable.
@mtrest45 ай бұрын
The br0tha is smooth.
@Cookie-fh3il5 ай бұрын
💯💯
@adminema61165 ай бұрын
and let's put it up for tom also. impact theory is a fucking incredible channel/podcast! ❤
@Four_Eyes5 ай бұрын
More impressed everytime I listen to him.
@qloudz5 ай бұрын
Name one time where Arthur predicted something that came to fruition? I'll wait.
@yamani38825 ай бұрын
What a speaker, never heard of him, but one of the best I have seen in a while.
@tc85575 ай бұрын
CEO of Bitmex
@bobmalooga3355 ай бұрын
@@tc8557 he don't look like no Mexican to me
@indigobluu5 ай бұрын
This guy is Legend
@cjonesplay15 ай бұрын
Look him up. OG Legend
@countcryptonite5 ай бұрын
Founder of bitmex. The first big derivative exchange in crypto. Everyone who has been in crypto for a while knows him. Bitmex has the best legendary crypto chat there is
@SeanEustace-zk3mcАй бұрын
This is one of the first guys I’ve seen online, it’s not that I agree with a on everything he said, it’s that everything he said, had a rational and plausible explanation behind it. You don’t see this much anymore.
@realsatoshihashimoto5 ай бұрын
Very good point that we've lost the knowledge and experience of those who went through WW2. I remember how my grandparents used to talk about the importance of privacy and how we must make sure we never live in a 'papers please' society for example. It's for this reason that there was a huge debate here in NZ about even putting photos on drivers licenses, back in the day. Can you imagine that? These days it seems you need to supply multiple forms of photo ID for every single little thing or you can't even transact. And we let it happen because few seemed to care, because we'd lost that knowledge, we didn't understand the dangers. We've already lost our essential freedoms, but like Wylie E. Coyote after he's run off the cliff, most are totally oblivious to this fact right now, and will be, until suddenly gravity reasserts itself in the form of being demonetized and thereby depersoned. As happened to the truckers and their supporters in Canada not so long ago for example. Think it couldn't happen to you? Good luck with that! This is why we need Bitcoin & crypto. Not as a 'get rich quick' scheme, but to take back our essential freedom as individuals.
@raymondtrinidad-b9b5 ай бұрын
NEVER keep your money in the BANK. As an X Banker and Finance and Thrift manager I know the wicked history of Banking. My parents in 1939 at the start of the GREAT Depression when 9,000 Banks shut their doors and did not reopen until 10 years later robbed my Father and Mother of their savings then the Internal Revenue Goons came in and brook off the locks of every customer's safe deposit box and took my parent's Gold, Silver and Moms Jewels then their Bonds. We moved into a shack on the beach, and I was raised on Goat milk. My father was a doctor and had to join the navy so he could send money home to mom to feed me, my brother and two sisters.
@williamschnl3 ай бұрын
not much different from what the Nazi did to the Jews then
@brandonjustes9475 ай бұрын
Going through this and reporting all spammers as my good deed for today. 1/3 of the way through the video, Arthur is the real deal, as always great work Tom!
@Mindfeels5 ай бұрын
Thank you! Go Brandon!
@laskisinnovations5 ай бұрын
Wish YT rewarded you for this…this would definitely help clean up this spam garbage and gamify it
@S13G35 ай бұрын
I am on the same mission! Hahah it annoys me to an unprecedented degree so I spend my time reporting the bullshit 😂
@iVETAnsolini5 ай бұрын
Bro how do we make this a reality? Big d move for sure lol
@andgray5 ай бұрын
Yeh I try to cut a few out as I am listening. Glad to help out
@aka-ninja5 ай бұрын
"We are gamblers. Everyone. All the time. Constantly." 100%!!! Finally someone admits this!
@CryptoBoblicious5 ай бұрын
True
@violinsheetmusicblog5 ай бұрын
It’s an oversimplification. Taking on risk is not the same as gambling. Gambling is driven by immediate gratification, the complete opposite of informed decisions based on analysis and long term planning
@aka-ninja5 ай бұрын
@@violinsheetmusicblog- I hear what you’re saying, and agree that that’s a way to define “taking on risks,” however, I disagree with your oversimplification of gambling, or perhaps we’re playing with semantics now. “If you're not sure what you're doing, it's a gamble. If you know what you're doing, then it isn't a gamble, it's a calculated risk.” - Dave Trott (Campaign) Who can say whether or not someone knows what they’re doing in any given situation? Are they following someone else’s orders, or making sound decisions based on intuition? I’d say more often than not people gamble in their day-to-day lifestyle choices from how they eat, get to work, make purchases, etc., but that’s just what I think. 🤟😊
@vanvittles86515 ай бұрын
Never can get enough of Arthur!
@bobbya17885 ай бұрын
Arthur Hayes writes the best essays. Always eye opening. Thanks for the interview
@SANLEOR2 ай бұрын
HOW TO GET RICH
@SANLEOR2 ай бұрын
Making money is action, Saving money is behavior and Growing money is knowIedge. The first step to acquire weaIth is figuring out your goaIs with the heIp of a financiaI pIanner, and foIIowing through inteIIigent pIans, you wiII gain financiaI growth in no time and enjoy the benefits of managing your finances.
@SANLEOR2 ай бұрын
I am Iucky I made better decisions that changed my finances (gained over 1M in 2years) with heIp of my financiaI planner. Got my 2nd house in June and hoping to retire earIy.
@SANLEOR2 ай бұрын
Whosoever tries this sureIy acquires wealth. Get to her..
@SANLEOR2 ай бұрын
EIizabeth Green Hunts.
@SANLEOR2 ай бұрын
ELlZABETH GREEN HUNTS..
@Uchihawallstreet5 ай бұрын
Good interview and very informative.
@Scarletpimpanel735 ай бұрын
The point about the loss of institutional memory as to how bad war is - is incredibly salient. We have lost the generation that said "lest we forget" and have, as a result, forgotten.
@queentrinicorn94419 күн бұрын
We were told “Just go to school, work, etc. and get over your sensitive feelings” lmfao
@oxJIBxoАй бұрын
Seriously one of my favourite YT episodes of all time..!!! EASY!!
@PinkPurkle5 ай бұрын
Love Arthur Hayes!!! Thanks for this very enlightening conversation!!
@kevindibella63125 ай бұрын
It’s NOT JUST rich people and banks who own US treasuries… it’s in every pension and 401k in the country, too
@Whale155 ай бұрын
If any of them tried to dump their T bills, you can guarantee a new bill in congress will swiftly pass to prevent it.
@skillz4life3605 ай бұрын
And most other countries in the world
@ocvegasproperty5 ай бұрын
They would already be in default an it would be too late. Don’t worry, we’ll get there. At Bidens rate of spending, it won’t be too long.
@innajohnson51665 ай бұрын
Way easier to blame someone than be responsible for something on your own
@renemartin57295 ай бұрын
Most people do not have any money to put in any bank
@martinlutherkingjr.55825 ай бұрын
Most people couldn’t even get a bank account if they had money
@Sh0n05 ай бұрын
@@martinlutherkingjr.5582most people cant even bank themselves if they were money
@FrankBoso5 ай бұрын
literally hand to mouth existence..........
@ewalka91775 ай бұрын
Most people don’t have a stock market portfolio beyond the s&p500 either
@Jay343415 ай бұрын
Thank Joey B
@abp35095 ай бұрын
Best discussion on USD/CRYPTO that I’ve ever heard
@TOMinPDX5 ай бұрын
When listening to Arthur. Tom on the other hand is painful.
@jb94335 ай бұрын
Poor you.
@magnison20043 ай бұрын
Tom is one of the BEST interviewers… he asks great questions and knows how to extract knowledge from his guests. And I appreciate his honesty in saying when he doesn’t understand something. However, I do have to say that I’ve always thought gold revaluation was part of the plan and was surprised that he couldn’t wrap his head around it. Go Tom… Go Author!
@JamilaCrockett3 ай бұрын
So grateful for your content…I was wondering who this guy was then ended up doing a quick look into his credentials 🤦🏽♀️🤭🙏🏽🙌🏽WOOOW!!! Amazing:) I have so many emotions related to what happened to him I swear digital is global and these governments need to evolve and support innovation instead of trying to keep us all poor IJS! clearly he’s been a talented and well respected financial forethinker beyond his years
@linw84835 ай бұрын
Arthur is one intelligent & well studied man. He is dumbing down his explanation so an eighth grader can follow the concept. He can't imagine that people do not comprehend the difference between a World War's devastation and a regional war.😮😂❤
@mobenmo74715 ай бұрын
Great conversation! Arthur explains things so well. I will look for more of his stuff. Thanks for bringing him on the show.
@yjfang225 ай бұрын
Arthur is brilliant! Great pod!
@amadodiego885 ай бұрын
I lived in Argentina for 18 years or so after living in Germany, Barbados and Guatemala. I lived half my life in stable-ish countries and then I moved down south and holy shit... The incentives created by bad money and the destruction of morals, society and culture are on another scale. You can destroy a country by inflation in 2 decades or less if you wanted to. It's the worst form of warfare that the state perpetrates against the citizens. The state is a criminal organization that should never have control of the money supply. Bitcoin is my only hope for these dark times.
@martyalmberg93175 ай бұрын
GREAT??????????? Arthur is one smart guy glad i have taken the time to listen to him!
@jasonpbrogan5 ай бұрын
No institutional memory of how war is??? Bud - Korea, Vietnam, Iran/Contra/Columbia, Gulf Wars, Bosnia, Afghanistan - there are plenty of people in the US who have institutional knowledge of war.
@cabot1005 ай бұрын
You misinterpret the concept of institutional war he is referencing. This topic has been talked about from various perspectives. If you are interested in an informative read, you might like the book: NATO's Lessons in Crisis: Institutional Memory in International Organizations' Author: Seth Johnston
@jackiekevinsunny5 ай бұрын
I agree that iykyk but if he's referring to the US as an institution, many in USA do not remember or ever felt actual effects of war, nevermind actual measures of austerity. From my understanding of institutional knowledge loss I think that's what he means. Really only NYC in 2001 experienced real effects everything else was overseas and out of collective minds unless directly/tangentially involved.
@shamirgrant5 ай бұрын
He’s actually referring more to the people as a whole. The Vietnam conflict as well as Afghanistan are not the same as WW1 or 2 in the effects they had on society at home. This isn’t just an American issue. The world has seen longer sustained peace than it ever has and the population is woefully unprepared for what is to come.
@cabot1005 ай бұрын
@@jackiekevinsunny Institutional memory is often defined as "the stored knowledge within the organization. Within any organization, tools and techniques will need to be adapted to meet that organization's needs. These adaptations are developed over time and taught to new group members, keeping them from encountering the same problems and having to develop a solution that already exists. In this way, organizations save time and resources that might otherwise be wasted. For a long time, almost all Western Countries have not prioritized the Institution of the Military as these countries once did. Should there be a major world conflict to ramp up the Institution for Defense should the need arise.
@chuckBorden-ip6wb5 ай бұрын
The US and European citizen perceive war as something on TV now far from their lives. The societal threat of everyone you know dying is almost gone. The cold war was the last time anyone in the US felt the effects of war.
@Wilde_Childe4 ай бұрын
Thank you for this interview! I've been working on improving my financial literacy the past few weeks. I'm only 20 minutes in and it's finally making sense in a way that all the other resources haven't yet!
@randyq37765 ай бұрын
ETh, as the world computer, only works if it partners with and uses ICP, which is the only truly on-chain crypto, in my opinion if ETH doesn't get onboard ICP in a big way ICP will pass it up, But they would make a great partnership and have faster success together as ETh is the first and has the biggest community and ICP has the 3rd generation technology that Eth needs. Great questions for Arthur, two brilliant minds discussing the future.
@Britt0nYT5 ай бұрын
This episode was much more digestible than your last with Arthur. Thank you for your work! 👍
@Danny-um1se4 ай бұрын
I love crypto. Here's my issue that I've yet to hear an answer. The fed/govt is never going to lose control over financial systems. So, while they can't shut it down, they have control of the on and off ramps. As well as taxing it in anyway they choose
@RogerB-ip8dd2 ай бұрын
They can print unlimited money and buy all of it.
@eddiebeer45165 ай бұрын
Mr Hayes gets it on a level that only very few others are capable of getting it.
@tannerrussell96975 ай бұрын
This is a great interview!
@EmmettDeclan.5 ай бұрын
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Kimberly Smith.
@Paul-OBrien5 ай бұрын
Wow. I'm a bit perplexed seeing her been mentioned here also Didn’t know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super.
@RaymondCooper215 ай бұрын
You trade with Kimberly Smith too? Wow that woman has been a blessing to me and my family.
@EmmettDeclan.5 ай бұрын
that's her telegramme with the user name.
@EmmettDeclan.5 ай бұрын
Ksmith6 💯
@mustafaburak11235 ай бұрын
when someone is straight forward and good at what she does best. People will always speak for them. For me I can would say give Kimberly Smith of finance education a try and you be happy you did
@Richard1may5 ай бұрын
please invite Charles hoskinson on your show 🙏🙏
@vanbraxton84225 ай бұрын
Don't get me wrong, both the other guests do a good job , but when they explain Bitcoin & the definition of money, they explain it by going all the way to the moon & back when it can be explained soooooo simple like this Man explains things❤😂
@firefighterps215 күн бұрын
"It's not blocked or banned in most places yet" There you have it.
@littlebitmckee82345 ай бұрын
I always click on the video when I see this guest… Great job with him
@thegumny5 ай бұрын
Just one correction - Hitler first invaded Poland and Russia was his ally and invaded Poland from other side, then after some time into the war hitler decided to attack Russia as well
@FannyBunny5 ай бұрын
Hitler didn't attack Russia in winter. Takaway should've been: do not try to attack Russia whatever the season is - you are going to loose
@Len_J_5 ай бұрын
lose
@aka-ninja5 ай бұрын
Got mad respect for you, Tom; however, I would like to offer a suggestion regarding your approach to addressing hangovers. Perhaps we could explore alternative methods that prioritize holistic health and well-being rather than relying on probiotic drinks as remedies.
@ph59155 ай бұрын
Interesting, as always! I don't pretend to have much knowledge at all about Bitcoin, et al. But one school of thought out there is that: A government owns the monopoly of deadly force, also, a govenment owns the monolopy of currency. I believe the US is contrmplating rolling out a "digital dollar' using blockchain technology, as are other countries. That would preserve their enforcement over currency and taxation.
@marsenault96835 ай бұрын
I agree and so do most of the countries of the planet are all to some degree testing or have tested or sandboxing digital currencies. There's an underlying rails an underlying infrastructure to that, that is also out there to be invested in fyi. Most people don't even realize that a digital version of the US dollar has been run in the island nation state of Palau. It was only distributed to government employees as the first test but it's been completed
@ph59155 ай бұрын
@@marsenault9683 Ah, thank you for that! Palau, huh? When I was ~12, back in 1975, we lived for a year on Guam, never went to Palau but know of it. I fully get that there are issues with US debt and inflation as discussed in the video, but I don't see the USD ending by Bitcoin. I don't know, it's still the world's reserve currency and no other currency has the breadth and depth to take it's place, not BRICS, not the Euro. Sure, it can all come crashing down at some point, but I don't think it will be by bitcoin. I could be wrong...
@christyadkins92184 ай бұрын
Just fast forward when Tom speaks! You’re welcome!
@kevindibella63125 ай бұрын
Nobody wants to hear you talk this much bro, we’re here for your guests
@chrisomg34965 ай бұрын
😂😂😂😂😂
@RyanKassel4 ай бұрын
I thought the back and forth was quite balanced!
@erikmyers38883 ай бұрын
I'm here for the dialogue that Tom fosters. I can get the guests elsewhere too.
@zoclark92335 ай бұрын
Economic systems regardless of what's used to trade MUST MOVE circulation is the key to an economy.
@ALDEL885 ай бұрын
In Argentina, Milei is honoring 100% of debt commitments even though he received crazy levels of debt and maturity profile. Balanced budget, stopped printing increased debt value from 20cts to 55cts to the dollar. Activity went down by 5%. That is the pain to gain back the value of trust on local currency. All in 100 days.
@mtrest45 ай бұрын
The guy put Goldman sacks as a consultant. Tell me he isn't a CIA plant.
@ALDEL885 ай бұрын
@@mtrest4 Goldman advices tens of governments in the word on their debt issues and restructuring. And that obviously has nothing to do with being or not CIA plant.
@bdavis79285 ай бұрын
Measure him by his output
@cryptovc5 ай бұрын
Just have to root out bureaucracies that serve only themselves. Oh and get rid of the 1000 military bases we have in every country on the planet.
@yvonnemarie20925 ай бұрын
1:05:48 people going hungry and GDP plummeted
@SeanEustace-zk3mcАй бұрын
Had a guy tell me the other day that the most he ever made was $26 an hour he’s making close to 40 today, the point was the most buying power he ever had he had when he was making $26 an hour and now he is making close to $40 an hour Living at the same level as he was with $26 with lower inflation. You were teaching a whole generation how this little Scam works thank you uncle Sam for that.
@MikeVeracity5 ай бұрын
The entire Canadian parliament forgot who defeated the NAZIS -- and they support the Nazis now, and even cheer one of the NAZIS who killed and tortured the WEST and Russia in WW2. Yes, we have forgotten and need to learn the lesson again.
@Leng2475 ай бұрын
The swatiska originates from African Ghanaian tribe incase you didn't know...all a game
@jameswalker2313 ай бұрын
the lesson will be learned... unfortunately most of us will not be around to learn it..
@johnthompson35304 ай бұрын
This was an EXCELLENT interview. So many points. I'm going to have to rewatch this again, to get my head around everything. Well done.
@dbanks1285 ай бұрын
The final test of bitcoin is when lots of people start to actually use it as money, not just a trading vehicle. If millions of people start to reject government currencies, that's when governments will really respond. Governments have soldiers and the ability to shut off the power grid, let alone the internet
@al-moony5 ай бұрын
Bitcoin is an asset, digital property. It doesn't need to be a currency ever
@Whale155 ай бұрын
@@al-moonyThe L1 can’t be at large scale. It will have to take place at L2s or another protocol can handle the medium of exchange issue. Digital property is perfect. It’s buying an apartment in Manhattan.
@CampDavidTraining4 ай бұрын
Yeah, right… Maybe you’re forgetting that the government runs on the power grid as well? Don’t be stupid. You obviously don’t understand how Bit Coin works. The shit is out of the goose and it can’t be put back in- world governments acting in concert may have been able to stomp it down in 2010 or 2011 if they all worked together, but there is literally no possible way that it can happen now, even if all the worlds governments united together to try to kill it… There doesn’t exist enough money on the planet to end bitcoin
@dbanks1283 ай бұрын
@@al-moony if it's not currency, what does it actually do? It has to have a user case
@al-moony3 ай бұрын
@@dbanks128 it's a commodity like gold, oil, etc. You can build a layer 2 to use it as a currency, in fact that later 2 is already in development and in use for gold and Bitcoin (ie. Lightning network)
@gsglisson5 ай бұрын
Tom, Social Security is a wildly successful social program, similar to an insurance annuity, not a "pyramid scheme". Stop parroting wingnut propaganda. The social program could easily be put back into financial balance with a competent Congress, which we lack. I like the guest Mr. Hayes. Perhaps among the more rational Bitcoin advocates I've heard.
@safehavenassets5 ай бұрын
I listened in to hear Arthur. When Tom starts speaking I just fast forward thru it. 😅 Works for me!?🎉
@cizzlen075 ай бұрын
Haha why didn’t I think of that already. Thank you friend
@BitcoinMeister5 ай бұрын
Austerity DOES NOT hurt the rich the most, it hurts the government dependents/leeches the most! That is a great thing. It forces the unproductive to find real productive jobs!
@TheLuciShow5 ай бұрын
I don't; think the US would say gold is worth 10k an ounce or increase that much because CHINA HAS a lot more gold than USA
@OxbowSummer4 ай бұрын
Never heard of your guest before, but he's awesome. Great interview.
@brianfreland90655 ай бұрын
wasnt this episode from months ago? i dont say that hatefully, im just wondering if this is the same one i watched before or if its another episode with him. i feel like i remember this exact episode. its a great time to replay it, thats for sure.
@cryptohoopz5 ай бұрын
It’s a different one he didn’t have hair in the other vid
@bazimyan5 ай бұрын
Tom has had a few guests come back regularly - Eric Weinstein, Konstantin Kosin, Donald Hoffman, Robert Greene, etc. Most likely this is another guest he brings on multiple times
@tusimp88605 ай бұрын
I thought the same because he have same clothes and same place, but then i realized Arthur have hair now 😂
@chrismassick44334 ай бұрын
tom! i must say you have the most perfect questions, and arthur, i must admit you and tom are on a different intelectual level from the rest of the population! perfect questions and surprisingly perfect answers!! ❤
@mcgems7545 ай бұрын
Like Arthur's smile after he says something, waiting for your reaction ;-)
@user-es5di2no1n3 ай бұрын
Revux's presale got me hooked - the coolest way to be part of a groundbreaking project. Let's go!
@pierremifsud16795 ай бұрын
I always liked Arthur. 5 star
@FromSetbacks2Success5 ай бұрын
Legendary interview Arthur and Tom!!! I have consumed tons of Tom's interviews during the pandemic and post. Tom, I think this ranks as one of your top 10 of all time, which is not easy to rank as you're had lots of great interviews! Again, thanks again bro!!! 🏆💪🏽💯
@olafvidar93155 ай бұрын
I like this guys take on things....
@patriciamoore515 ай бұрын
Love love love listening to Arthur Hayes !
@dontewaddy89215 ай бұрын
I really enjoyed this interview.
@Tubeman7775 ай бұрын
He was an excellent guest, please bring him back on Tom.
@ludap1ng5 ай бұрын
I take the stairs. I've known too many people stuck in elevators. =D
@shkottrendezvous66445 ай бұрын
Funny analogy but really??? You’ve known too many people who’ve been stuck in elevators? How about the escalator then?
@shkottrendezvous66445 ай бұрын
I recommend you or your friends consider going into more modern buildings. Like Bitcoin versus fiat. 😅
@ludap1ng5 ай бұрын
@@shkottrendezvous6644 🧠
@deepbludude46975 ай бұрын
Baghdad Ministry of Finance PSD with a fat ass client- fuck elevators never again...
@darkominem5 ай бұрын
Do you also walk everywhere because cars breakdown? =D
@CampDavidTraining4 ай бұрын
So Tom… Thanks for inviting me to the show and I’ll just wait here while you go shower and get ready to do the podcast.
@truthmonster32905 ай бұрын
I disagree with living grass as an example of entropy. It is using energy of the sun to organize molecules. Turn off the sun or sprinklers then the grass will display entropy.
@skyehennessey28574 ай бұрын
I think if you let it go to nature it would go wild as nature, sun and rain are in nature. Markets could go with nature but we use tools to keep it with certain boundaries. I thi k it’s a perfect analogy. Jungle vs manicured garden. Manicured garden needs to be tended to daily.
@truthmonster32904 ай бұрын
@@skyehennessey2857 nature has sunlight which provides the energy the plant uses to organize molecules. turning off the sun is not nature.and markets can still have sunlight without government interference
@erikmyers38883 ай бұрын
Systems of systems. There is relative entropy between systems and sub-systems. Absolute entropy is purely theoretical.
@truthmonster32903 ай бұрын
@@skyehennessey2857 Nature is not entropy, nature is using the energy of the sun to organize. Entropy is the disorganization that results from the input of energy. Stop making things up and study.
@skyehennessey28573 ай бұрын
@@truthmonster3290 thanks for the unsolicited advice. Not making anything up merely agreeing with his analogy.
@Victoriaward5 ай бұрын
I’m originally working class, and now in a middle class life situation. It’s sometimes hard not to feel like the middle class deserve to have their wealth taken away. It does often seem they’re the drivers of the kind of policies that result in both the ‘affront to human dignity’ and the erosion of their own wealth. Coming from a working class background, I wonder how much I’ve been shaped by understanding some of life’s harsher realities. The ideological drive to create “fairness” that is counter to nature and first principles is problematic. But the process by which this fairness is achieved, is often where the real damage takes place.
@sufall965 ай бұрын
What about the XRP Ledger???
@fiatnomo28745 ай бұрын
I love Authors point of view and his intellect….and because I’m a committed supporter, we need to address his hair line 😂
@travdaddy115 ай бұрын
Endless negativity on Impact Theory
@keylargo58715 ай бұрын
With no real solutions.
@enver81845 ай бұрын
Amazing Interview I love his way of Thinking and explanation
@yamani38825 ай бұрын
I literally lose it when Toms speaks, just let your guest speak please.
@GP2141BC5 ай бұрын
That…and I can’t stop looking at his ears!
@facesofj47055 ай бұрын
What do you lose ? This is an interview, a conversation, not a lecture . . At least you're not shallow enough to get caught up in the size of his ears not being on par with your liking . . I happen to think he sets the table well . . And even backtracks here and there for a greater understanding . .
@cizzlen075 ай бұрын
100% I can’t freaking stand this guy. Just shut up and let the guests talk FFS!
@derektomlinson65145 ай бұрын
What surprised me is how so many Bit Coin enthusiasts hailed the introduction Of ETFS which actually ends the freedom of Bitcoins real ideology.
@onlypostthebest61045 ай бұрын
Facts and now the control the market
@bobmalooga3355 ай бұрын
Nothing changed about the fundamentals. You can still keep your crypto on a ledger.
@derektomlinson65145 ай бұрын
@@bobmalooga335 If you cant see and understand the connection of big corporation and government there is nothing I can tell you.
@bobmalooga3355 ай бұрын
@@derektomlinson6514 there isn't a single institution or government that owns even 1%. This could have been a life changing opportunity for you to get in before the institutions. I would be bitter too if I missed this boat. Sorry buddy.
@JeDxDeVu5 ай бұрын
Eric Carson next please. That man takes Bitcoin philosophy to whole different level that it’s slightly unsettling
@kbeckes1235 ай бұрын
I think you’re referring to Erik Cason
@SpawnQuestGamingАй бұрын
I don’t trust anyone who admits zero fault to what they’re supporting.
@JoshPitts5305 ай бұрын
People forget or never learned that Blackrock and the crypto brokers bought up all the supply around 10-12K. The house always wins. Even if people from every country bought in, the liquidity pool is only relative to the value of a local currency, inflation and the commodity being purchased.
@joefunk765 ай бұрын
On one hand, it’s hard to imagine BlackRock not rug pulling bitcoin before the next major ascent. On the other, though, they have to watch out for Michael Saylor. He is always waiting, like a piranha, ready to scoop up more bitcoin once it drops by more than a certain percentage. He’s got the cash, credit, patience, and platform of attention to turn their lights out on bitcoin. And I hope he does. 😂
@jooter82145 ай бұрын
True Blackrock and brokers bought in the teens number for BTC. But they didn't buy all the supplies, it's still in the hands of the retailer. All they are doing is making money off the last 5% of Bitcoin's supply. You possibly could never rug BTC to zero again. 😂
@SajjadKhan-gd4fh4 ай бұрын
I'm always on the lookout for promising projects, and Revux seems to be ticking all the right boxes. Time to explore!
@elsavelaz5 ай бұрын
@45:00 gold has value because of its material/chemical properties , in addition to that it’s scarce
@mraksuperk5 ай бұрын
Gold and copper have a huge future as we enter the age of Ai followed by robotic manufacturing in conjunction with Ai
@Whale155 ай бұрын
It’s scarce because of its material properties. Golds price isn’t as high as it is because of utility but because of a high stock to flow and historical store of value. Golds intrinsic value being responsible for its current price is a silly argument others try to make.
@cizzlen075 ай бұрын
Everyone know this
@Logan-Speaking-Facts-Again5 ай бұрын
Ethereum gas fees are hell. Solana is soooo much cheaper.
@stefanchung235 ай бұрын
There are not any free markets...
@kevindittler65245 ай бұрын
Arthur Hits the nail on the Head with a SLEDGEHAMMER! Thank You Very Much!⚡️💥✨🙏😊
@scepisle49705 ай бұрын
Great guest... ❤
@elsavelaz5 ай бұрын
Totally agree, he’s one of the few who I think understands the math plus blows me out of the water with the economics and world history , so always gets my undivided attention
@cbrugge9132Ай бұрын
Amen to the cutting grass/biology analogy. Host and presenter both visionaries. Thanks for the content
@Man-u-flex5 ай бұрын
Here we go again, Tom doing the talking like he’s being interviewed.
@ProCJ74 ай бұрын
Eagerly awaiting the impact of Revux on the crypto market. The presale is just the beginning of what promises to be a groundbreaking journey
@ConsciousFX5 ай бұрын
Multiple realities all co-existing at once. The reality you paint, you and you alone will perceive. As well as those on your same wave length and frequency. Wake up already.
@eli_tha_runner5 ай бұрын
bro thank you for your amazing comment. all i listen and think about all day is the quantum world we live in and create with our observation. double slit experiment.
@ConsciousFX5 ай бұрын
@@eli_tha_runner Thank you for expressing that. It is extremely difficult for us to embrace such a reality. People can think about it on an academic level but to really sit with this at times can be terrifying but all so beautiful at the same time. I’m still in practice to remember and embrace such information on a realistic but peaceful level. As peaceful as I can. Once you understand what this truly means there is a big responsibility to carry and deliver such information but the sooner we all stop lying to ourselves the sooner we can all go through the withdrawal of ego attachments and allow love to guide our actions.
@chi.chosen5 ай бұрын
Do you have any recommendations (ie books, youtube vids, other resources) that talk about this?
@ConsciousFX5 ай бұрын
@@chi.chosen I don’t want to sound inappropriate or falsely reference anything. I will have to be honest and share that if you can simply open up and look at everything that is happening in the world, including those who are literally thriving when they’ve come from far less than favorable circumstances and whose experiences are completely opposite of what is being discussed here, some may say that is a “minority”. The funny thing is, we have all these clever justifications as to why not every single person shares these exact experiences. Including people who put their entire faith on “the numbers” which will forever constantly change. Has anyone ever wondered why that is? These are questions whose answers can only become revealed through what we call time. Which I might add is also another human construct and tool we use to measure the experiences that only exist in our memories. The only thing there ever was, is and will be, is called the now. I have dived very deep into mind utilizing all mediums, including psychedelics and although, yes people have written many books on these topics, it mainly comes to you as a feeling through experiences. Almost like learning a completely alien language but through these observations, we can realize that there are multiple realities all co-existing and helping to create this grand reality that we all share. So whenever I see videos online where people are concluding things as final and collapsing in on a specific narrative, although however clever and amazing this particular podcast may be as I do enjoy listening and hearing their experience as a small part of this grand reality, I also realize its danger to make such assumptions and lock people into certain kinds of expectations. There are many teachers and foundations including sciences that can help you to see deeper into what I speak of but I wouldn’t suggest it. I would only suggest enjoying your present moment, where you stand and observing any and all aspects of life around you. Even a flower has its own experience. Once you focus on the flower, your mind becomes the flower and it’s all you need to realize the limitless capacities of your imagination. As most of what people are quarreling over is literally just a figment of just that.
@somrune5 ай бұрын
Reality Transurfing by Vadim Zeland
@azoteapost87345 ай бұрын
It’s not the Keynesian It’s not the classics It’s called capitalism When you found that the whole system is the one to blame and not just a fancy economic Theory, you will all open your eyes to see it.
@sithishellsing94325 ай бұрын
Inflating the money system is not beneficial for asset owners. Let's say the asset increases exactly the percentage of the increase in money, then my asset had 0 real increase but I have to pay 25% taxes on the "gain". Of course it is still a lot better then holding cash in this scenario.
@recongraves5 ай бұрын
BTC is the exit 🎉😂
@JaimeWarlock5 ай бұрын
People with political connections can borrow against their assets, then will pay later with the devalued currency. They try to avoid selling their property to avoid those capital gains. But this creates it's own problems in the economy, because nobody wants to sell. Like real estate in New York, a lot of it isn't rented out, the owners just borrow against it's constantly increasing value.
@williambreeze26592 ай бұрын
This was a great conversation!
@TheLastBabyBoomer5 ай бұрын
Ethereum and all those fees. I'm with you on BTC but Solana is the way forward as a quasi "decentralized computer." Ethereum has had its run.
@AdamMansfield-uk4tm5 ай бұрын
Agree... ETH is garbage and BTC is totally flawed. Guarantee you they both fall
@TripleB1015 ай бұрын
ETH and BTC both will tumble ..ETH sucks the gas fees are ridiculous…BTC will just be used as a storage asset plus it uses too much energy to mine constantly.
@Clvrkz5 ай бұрын
Agree on ETH. I don’t think SOL is the replacement though. Cardano and ICP on the other hand.. 💭
@johny34065 ай бұрын
Fantastic interview Tom. Arthur is extremely intelligent