"We're Already In A Recession" - How It Could Get Worse In 2025 If We're Not Careful | Raoul Pal

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Tom Bilyeu

Tom Bilyeu

Күн бұрын

Пікірлер: 681
@heymatchanl1
@heymatchanl1 Ай бұрын
Before I waste another 20 minutes, when was this podcast actually taken?
@davidstaylor09
@davidstaylor09 Ай бұрын
Why are most recent videos just clips from really old videos? No new content?
@davidstaylor09
@davidstaylor09 Ай бұрын
This is an old clip.
@pluzzybear9902
@pluzzybear9902 Ай бұрын
Last week or the week before
@MadMax-gc2vj
@MadMax-gc2vj Ай бұрын
@@davidstaylor09 Tom making and raking in more money from old videos...LOL.
@WVgrl59
@WVgrl59 Ай бұрын
Probably 4 years ago😂😂😂😂
@TilSchweiger-i3f
@TilSchweiger-i3f Ай бұрын
Our economy is like a flailing fish, fighting for its life. The normal state of the U.S. economy is actually very bad. Because of this it goes into convulsive spasms fighting to grow any way it can out of desperation. Tricks, gimmicks, rule changes try to stimulate the economy >>and prevent it from falling but they only bring temporary relief to people since, when you factor in inflation we are declining.
@Joegolberg1
@Joegolberg1 Ай бұрын
People believe their currency has the worth it does because they have no other option. Even in a hyper inflationary environment, individuals must continue to use their hyper-inflationary currency since they likely have minimal access to other currencies or gold/silver coins.
@Benjaminarmstrong684
@Benjaminarmstrong684 Ай бұрын
Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing is the only way to make your money grow and unless you have an exceptionally high income, investing is the only way most people will ever have enough money to retire.
@TilSchweiger-i3f
@TilSchweiger-i3f Ай бұрын
How can i get started when it comes to investing and passive income?
@Benjaminarmstrong684
@Benjaminarmstrong684 Ай бұрын
Zachery M Demers is the licensed FA I work with, I can't speak much about him you should make a search with his name, you'd find the necessary details to schedule an appointment.
@raymond-i2v
@raymond-i2v Ай бұрын
The most important thing that should be on everyone mind currently should be to invest in different sources of income that doesn't depend on the government. Especially with the current economic crisis around the word. This is still a good time to invest in various stocks, Gold, silver and digital currencies
@Fred-w7t
@Fred-w7t Ай бұрын
Let's face it... buying more stocks & index funds during stock market corrections and bear markets is scary. Which makes it really hard to do for most people like me. I have 260k i want to transfer into an s&p but it’s hard to bite the bullet and do it.
@Theodore-l2j
@Theodore-l2j Ай бұрын
this is huge! your advsor must be grade A, mind sharing more info please? in dire need of proper asset allocation
@bevhatle
@bevhatle Ай бұрын
How do people living from paycheck to paycheck do that? Please explain. 😮
@danielle9825
@danielle9825 Ай бұрын
Or into self sufficiency? There is no guarantee if you rely solely on the supply chain
@carlito7368
@carlito7368 Ай бұрын
A Chinese Social Credit system for the world (CBDC) no thanks…. The Power to cut off your credit if you don’t take a government sponsored vaccine, disagree with a government policy, or even re- tweet something the Government doesn’t like, are really important reasons to keep cash alive in a free society.
@arsenioseslpodcast3143
@arsenioseslpodcast3143 Ай бұрын
FEAR PORN, FEAR PORN, FEAR PORNNNNNNNNNNN
@caryphillips4885
@caryphillips4885 Ай бұрын
Society is not free without cash. Actually you can go further. Societies not using gold and silver coinage as currency are not free 😏
@Cristina-hj4ir
@Cristina-hj4ir Ай бұрын
100%!!!!
@MuradSamadov-n6i
@MuradSamadov-n6i Ай бұрын
The continuously changing economic conditions in our society have made it necessary for people to find additional sources of income, thus I am looking at the stock market to fuel my retirement goal of $3m, my only concern is the recent market crash.
@LarsBergstrom-uh2eu
@LarsBergstrom-uh2eu Ай бұрын
Every crash/collapse brings with it an equivalent market chance if you are early informed and equipped, I've seen folks amass wealth amid economy crisis, and even pull it off easily in favorable conditions. That should be the least of your concern. Also explore the option of working with a CFA to reduce greatly your chances of loss.
@LivaHolst
@LivaHolst Ай бұрын
You're right, I and a few Neighbors in Bel Air Area work with an Adviser who prefers we DCA across other prospective sectors instead of a lump sum purchase. Following this, my portf0lio grew by more than 40% in the 2nd quarter. `
@jessicawesbond2312
@jessicawesbond2312 Ай бұрын
Have heard a lot about this Cost-averaging by some of the big shorts in NY. Seeing again, I'm spurred to give that pattern a try but I need more clarity on how it works. Who's helped you with it, wanna try out
@LivaHolst
@LivaHolst Ай бұрын
There are a handful of xperts in the field. I've experimented with a few over the past years, but I've stuck with ‘'KATHLEEN CHERYL CONSTANTZ” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.
@Alejandracamacho357
@Alejandracamacho357 Ай бұрын
Kathleen sure knows her onions in this industry, from her intimidating profile which I went through, on her web home page. I started off last year tailoring a colleague's tradin strategies but it didn't pan out well. Hopeful that Kathleen will attend to my message.
@Peterl4290
@Peterl4290 Ай бұрын
Honestly, this concerns me and has left me uneasy. Especially this potential depression, not even any more a recession. I'm unsure about my $130K account strategy, considering the uncertainty of this whole recession mostly.
@Mrshuster
@Mrshuster Ай бұрын
If you lack knowledge about market investing tactics, get advice from a financial counselor.
@larrypaul-cw9nk
@larrypaul-cw9nk Ай бұрын
A lot of folks downplay the role of advlsors 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.
@sabastinenoah
@sabastinenoah Ай бұрын
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?
@larrypaul-cw9nk
@larrypaul-cw9nk Ай бұрын
Her name is Annette Christine Conte can't divulge much. Most likely, the internet should have her basic info, you can research if you like
@sabastinenoah
@sabastinenoah Ай бұрын
Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.
@Ajgruber14
@Ajgruber14 Ай бұрын
Unsubbed. This guy needs to stop reposting old videos without mentioning that they’re old. It’s misleading and a waste of viewer’s time.
@PsychHealth-wk9in
@PsychHealth-wk9in Ай бұрын
Bilyeu looks high in this video man. Plus, Pal is a complete fool. I stopped watching right when he mention something about China as he was so off base and clueless that I was hoping that Bilyeu would tell him off and kick him off his show. This show is crap anyways.
@horizonhopeharlow
@horizonhopeharlow Ай бұрын
Remember what you watched then 😂😂 tik tok brain lol
@Sammythebull86
@Sammythebull86 Ай бұрын
Tom, can you please post the date from when you had these conversations? I can’t tell if this is a snippet of an old interview or new.
@johnmichaelkarma
@johnmichaelkarma Ай бұрын
EVERY single vid should have a datestamp! PERIOD! Pay attention and be responsive to your audience. Thumbs Up #400
@rickraines1802
@rickraines1802 Ай бұрын
Yes, a time stamp during the podcast for each interview. Sometimes the podcast is just recorded but is actually a combination of older interviews. Frustrating indeed.
@oooChickenatorXooo
@oooChickenatorXooo Ай бұрын
It looks like Jun 8, 2023 to me. kzbin.info/www/bejne/b4bdfoGbrLVopsU
@KeithFlynn
@KeithFlynn Ай бұрын
Hi Tom, I love your content, but your clips drive me mad! I find a clip like this on my timeline, and there is no easy way for me to find the full episode that I REALLY want to watch. Or worse, I invest 20-30 minutes of my time in watching a video, not realising it is a clip and then have to watch the full video, but then typically end up having to re-watch the clipped part again. Could I please ask two things that I really think will help drive engagement for you? 1. Always put a preface at the start of a clip video stating that it is a clip with a link to the full video 2. Always include a link to the full video in the description Keep up the great work!! Your journey and videos are a tremendous help to the rest of us who like you are trying to figure out how best to navigate this complex world of ours...
@Atjayvang21
@Atjayvang21 Ай бұрын
My world is so weird right now. What's real? What's fake? I'm totally clueless
@zach_diecast_mansur
@zach_diecast_mansur Ай бұрын
We all are, you're not alone.
@Bernadettk
@Bernadettk Ай бұрын
Brics is the way!
@povarful
@povarful Ай бұрын
Watch matrix! This is exactly what is happening. I am out of it already! Are you?
@tchrisou812
@tchrisou812 Ай бұрын
@Atjayvang21 Can you expound upon this thought?
@amryan7571
@amryan7571 Ай бұрын
The danger is real. The news is fake.
@saturn31
@saturn31 Ай бұрын
Request everyone to unsubscribe. These repeat edits and click B titles is not what I sub for
@HML-it7te
@HML-it7te Ай бұрын
You need to open your mind a bit more. Be open to possibilities to grasp opportunities/educate yourself to survive in the challenges ahead. I can only make the suggestion-the rest is up to you. Good luck friend.
@geoms6263
@geoms6263 Ай бұрын
He need to feed those little kids Sir
@MetalBum
@MetalBum Ай бұрын
Annoying to not have date for context. Shame on Tom and his interns.
@MetalBum
@MetalBum Ай бұрын
If he simply put time date we’d have xkntext
@hippopotamusrex2175
@hippopotamusrex2175 Ай бұрын
It was a great channel prior to like a few weeks ago where there's new recession rage bait posted every day. I don't know exactly what happened that caused an immediate content shift but I've noticed similar.
@garynapoli6244
@garynapoli6244 Ай бұрын
You can tell your guest that I have no respect for those who run from their problems. We’re not abandoning our home.
@branmanforshure
@branmanforshure Ай бұрын
he didnt run from, he solved.
@pacearrow4620
@pacearrow4620 Ай бұрын
Oh sweetie, if you get your kids a second passport they will praise you for the rest of their lives... Even your Great Great Grandkids will say what a smart and decisive guy you were. 🎉
@garynapoli6244
@garynapoli6244 Ай бұрын
@@pacearrow4620 we’re not the same.
@reginafisher9919
@reginafisher9919 Ай бұрын
We've been in a recession for at least a year now, by the ways of judging a recession it's been a year already!! We're heading into a depression quick quick quick quick quick quick quick quick!
@PlateletRichGel
@PlateletRichGel Ай бұрын
They'll only call it a depression if Trump wins. Read a monograph, "Great Myths of the Great Depression"
@copperlobo2536
@copperlobo2536 Ай бұрын
Nobody is using cash...says the guy who had a house built in the Cayman Island as a plan B. This guy has idea how the middle class lives. CBDC equals total control on what you spend your money on.
@zenglider2145
@zenglider2145 Ай бұрын
Not posting the interview date is a major failing of so many videos. The relevance and sometimes even the validity of what is said can vanish quickly.
@mackenzie305
@mackenzie305 Ай бұрын
I like using cash
@kathypaaaina3953
@kathypaaaina3953 Ай бұрын
Aloha hugs 🤗 I like the way it feels and smells
@staceyd72
@staceyd72 Ай бұрын
same here... all my purchases are in cash, with exception of online which is quite rare for me.
@barrycalvert8219
@barrycalvert8219 Ай бұрын
Me too, and use it all the time. He is the sales guy for CBDC, paid to do so
@dsailorman1
@dsailorman1 Ай бұрын
Never touch the stuff😮
@mackenzie305
@mackenzie305 Ай бұрын
@@dsailorman1 Why not?
@blessed_girl11
@blessed_girl11 Ай бұрын
This is the coming system: "" And he causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads. And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.""
@thuyvannguyen600
@thuyvannguyen600 Ай бұрын
Amen. Fight against it. Buy gold and silver!
@MarcusAnderson-m5k
@MarcusAnderson-m5k Ай бұрын
I'm favoured, $22K every week! I can now give back to the locals in my community and also support God's work and the church. God bless America.
@DefLeppardManagement-v2o
@DefLeppardManagement-v2o Ай бұрын
As a beginner what do I need to do? How can I invest, on which platform? If you know any please share.
@SparkyEvil
@SparkyEvil Ай бұрын
Investing $15,000 and received $174,000
@EVILSPARKY
@EVILSPARKY Ай бұрын
Same, I met Mrs Anna Davis last year for the first time at a conference in Manchester, after then my family changed for good. God bless Mrs Anna
@LeeWilliamshogan
@LeeWilliamshogan Ай бұрын
YES!!! That's exactly her name (Mrs Anna ) so many people have recommended highly about her and am just starting with her 😊 from United States
@MuhammadJoe-qy2tp
@MuhammadJoe-qy2tp Ай бұрын
So you guys know her too?... Wow she made my husband and I have our own house and car. She is good! 👌
@martinlutherkingjr.5582
@martinlutherkingjr.5582 Ай бұрын
This was recorded in 1946, don’t pay attention to it
@CronyxRavage
@CronyxRavage Ай бұрын
When you post these clips, is there any way you could also post a link in the description to the full episode that the clip is from? :)
@TLynx-is4jd
@TLynx-is4jd Ай бұрын
Put the the dam date on it 🤬🤬🤬🤬
@bagel080
@bagel080 Ай бұрын
Look at fed rate cycle history to know when. Jan. to Sept there will be multiple events that lead to everyone in crisis mode.
@lazapololapolo9824
@lazapololapolo9824 Ай бұрын
I use cash 98% of the time so this guy doesn't know what he's saying when he says no one uses cash.
@scottyp2781
@scottyp2781 Ай бұрын
Absolutely. I believe that around 50% in Germany still use cash regularly.
@TommyChong677
@TommyChong677 Ай бұрын
Honestly, this concerns me and has left me uneasy. Especially this potential depression, no more a recession. I'm unsure about my $130K account strategy, considering the uncertainty of this whole recession mostly.
@tinsleyLuna
@tinsleyLuna Ай бұрын
If you lack knowledge about market investing tactics, get advice from a financial counselor.
@zeme0556
@zeme0556 Ай бұрын
This country has survived a civil war, several depressions, several epidemics, so you want to run to a 3rd world country to survive an apocalypse, if it gets bad in this country what’s it going to be in that country?
@bobshenatzky5576
@bobshenatzky5576 Ай бұрын
They equate 3rd world with old world. We are so dependent on technology in the 1st world, that any disruption in the grid, or satellite-based connectivity can reault in a sudden halt to 99% of our way of life. People in 3rd world countries are used to living primitively and will be effected emotionally in a less dramatic fashion. Americans on the other hand, wil be killing themselves and their neighbors.
@Jbriggs91
@Jbriggs91 Ай бұрын
Take a look around. Drive through your cities. The US is becoming a 3rd world country.
@GobinDigital
@GobinDigital Ай бұрын
You know the currency in Cayman's is higher than USD right?
@Phil_Scott
@Phil_Scott Ай бұрын
Countries rise and fall on a 250 year cycle plus or minus 20 years or so... no exceptions in world history... the driver is human nature... we get greedy, slothful and ignorant in good times (that peak lasts 50 years or so....similarly with the down cycle. Some individuals get rich either way...most will suffer a bit... and it is most likely true that US will likely do better this time because its infrastructure is already built if for no other reason.... it will not dodge the end game in it own cycle....for an example of what that looks like across all aspects of existence look around at whats going in the US.... That conclusion will vary depending on your biases, we are all biased, yours slants to a 'normalcy' bias ... mine slants toward a demographics, cultural and historical bias....neither will keep you or I from what happens in river city.... that is ongoing history and it has a millennia long completely well mapped footprint.... none of that to prevent the astute or blessed *individual from living a successful life.
@kevinmenard6395
@kevinmenard6395 Ай бұрын
I’ve been visiting the Cayman Island for 40 years and can assure you, not a third world country. Other problems like the concentration of banking and still a British protectorate, but it’s a beautiful and sophisticated country!
@pdjinne65
@pdjinne65 Ай бұрын
This channel has become apocalypse prophecy pr0n...
@Dr.Sortospino
@Dr.Sortospino Ай бұрын
A loooot of doom p0řñ
@lizzyworld007
@lizzyworld007 Ай бұрын
Definitely needs a reality check
@MediaCreators
@MediaCreators Ай бұрын
For obvious reasons
@pdjinne65
@pdjinne65 Ай бұрын
@@MediaCreators click$
@OnSiteTrav
@OnSiteTrav Ай бұрын
Yeah agreed BTC is definitely government. This is why monero is the white pill
@JamesH1973
@JamesH1973 Ай бұрын
Good for him being able to build his own house in the Cayman Islands
@moriartyco
@moriartyco Ай бұрын
Little Cayman would be a great choice in a global meltdown, totally surrounded by poverty stricken people with boats and guns...you might as well walk through the Bronx showing off your Rolex
@ActiveTravelWestUSA
@ActiveTravelWestUSA Ай бұрын
Exactly and as a foreigner they are coming for you and your stuff first! Very bad bug out location! Better Punte De Este or that region. Very difficult decision but needs to be thought through! I’m following Marc Faber and Doug Casey both bugged out past years.
@shayscott7498
@shayscott7498 Ай бұрын
You are either delusional or you have never been to Cayman.
@ducktack1
@ducktack1 Ай бұрын
Bitcoin et al until the grid goes down. Surely silver and gold are the safest bets, in physical form obviously
@jojipoji2322
@jojipoji2322 Ай бұрын
This guest is the same guy that said: AI is coming, so you either embrace it or miss out.
@claudyfriedman8239
@claudyfriedman8239 Ай бұрын
Says the guy who ran off to the Caymen islands.
@aHumanMaybe
@aHumanMaybe Ай бұрын
this guy is a grifter deluxe
@andreibratosin1199
@andreibratosin1199 Ай бұрын
whats wrong with that ?
@diamondkid333
@diamondkid333 Ай бұрын
same guy said bitcoin would hit 100k years ago lol
@andreibratosin1199
@andreibratosin1199 Ай бұрын
@@diamondkid333 did he specify itnwill hit 100k at a specific time ?
@jfb4884
@jfb4884 Ай бұрын
Key idea discarded by 99% people shared here: 14m00 I would add: Never put your life into other peoples hands, even less to a concept, a myth, a story like a government and the voice of patriotism (attachment to the land/ the people of the land). Your life can end at any time and there will only be one, so aim for the planet as a home and not a specific piece of "land" that will be the property of a different myth every few decades. Today a democracy? Historicaly, you might age into a dictature. Today in peace? your ancestors had that too, before going into horrific wars. Today with good neighboors? Chances are that they will charter your familly into doom one day. Be free and embrace every realities of the world, so when your paradigm is shifting, you can value your life more than other peoples myths and stories.
@cng2009
@cng2009 Ай бұрын
The ideas presented on both sides were really thought provoking in this clip. Terrific conversation and much to consider as we we individually and collectively figure out our path forward❤
@beuker2413
@beuker2413 Ай бұрын
I just watched this 20 min video. I think that I will need at least 2 weeks to process everything that has been said. Thx!
@kyliepechler
@kyliepechler Ай бұрын
It's a repeat, it's very old.
@mana_station
@mana_station Ай бұрын
Awesome content! I always love hearing from Raul
@beakersgarage383
@beakersgarage383 Ай бұрын
11:19......I always have a little cash handy. Sometimes you go into a store and their computer's down or the power is out or something like that. But for the most part, you're right. We don't keep cash anymore. Not in America anyway. There's still a lot of countries that use it regularly but not here.
@big_red_machine3547
@big_red_machine3547 Ай бұрын
And every illegal trade uses cash lol. That’s a trillion dollar economy
@beakersgarage383
@beakersgarage383 Ай бұрын
@@big_red_machine3547 yeah but people like me live in hurricane zones and actually do have stores lose power but are still open for business. If we're going to go all digital for a monetary system, that's an issue that will need to be ironed out.
@big_red_machine3547
@big_red_machine3547 Ай бұрын
@@beakersgarage383 Yes I totally understand that. You need electricity to transact digitally
@big_red_machine3547
@big_red_machine3547 Ай бұрын
“Nobody uses cash?” Tell that to the criminal underworld
@Zt3v3
@Zt3v3 Ай бұрын
I use cash all the time. In my community I see around 50% of people use cash for groceries. The wealthier the community, the less I see cash.
@DavidOvermyer77
@DavidOvermyer77 Ай бұрын
This guy's ideas on government and freedom are scary. There are precious few Brits who get it.
@ericlavoie4697
@ericlavoie4697 Ай бұрын
i like using cash im kinda old school much easyer to stop spending when wallet gets low
@debbi945
@debbi945 Ай бұрын
Yes all govts use a system that suits them (as they should), but globalism means that choice will be gone. People stopped using cash because of ignorance of the consequences. They are giving up personal autonomy for 'convenience'
@911jak
@911jak Ай бұрын
Why is there an aging problem. There are those who are more concerned about getting an abortion than raising a family. If you don’t have family what do you have?
@norrispg4212
@norrispg4212 Ай бұрын
Populism results from the exhaustion of patience of those who follow rules for those who don't. There's nothing inherently evil about that reaction.
@GeoffreyHale
@GeoffreyHale Ай бұрын
Very well spoken, Tom 🥂
@bobbysnickers249
@bobbysnickers249 Ай бұрын
How about the threat of communism..
@elizabethmurray5718
@elizabethmurray5718 Ай бұрын
Yeah, that's the Mark of the Beast.
@saranesson8369
@saranesson8369 Ай бұрын
Tom I gain so much insight from these interviews but please post the original airdate.
@guymaninu
@guymaninu Ай бұрын
This is the best opinion and advice I have heard so far. I have been listening for years but I couldn’t connect everything until a few years ago. I can’t believe this is the game we have to play. 😂we had it so good.
@TheTwntree
@TheTwntree Ай бұрын
Raoul is so right!
@CryptoHubLLC
@CryptoHubLLC Ай бұрын
I know a LOT of people using cash. Lots of Old people. And I myself pay for food, gas, and all kinds of stuff with cash. In fact the only time I dont use cash is when I run out and have to borrow from the bank with my credit card, but then I pay the card with cash 🤷‍♂️
@MediaCreators
@MediaCreators Ай бұрын
Tom, you get better by the day!
@Carma123
@Carma123 Ай бұрын
Listen to this tool, “this is why I built a house in the Cayman Islands” yeah it’s a tax haven. A😂
@oooChickenatorXooo
@oooChickenatorXooo Ай бұрын
Please start putting a little timestamp in the corner when you do these supercuts so we know when these comments were from. It would have been incredibly helpful to see how Arthur Hayes' opinions have evolved over the last 36 months, in yesterday's video.
@crooklyncat3223
@crooklyncat3223 Ай бұрын
I use cash ALL THE TIME. I make it a POINT to use cash. I pull out 1k each paycheck and use it throughout the 2weeks until my next paycheck. I purchase silver, food, ammo, gun parts ALL with cash.
@CharlesGholsonAllen
@CharlesGholsonAllen Ай бұрын
I use cash. I may be a lone person but I use cash.
@elizabethmurray5718
@elizabethmurray5718 Ай бұрын
The Alligator Alley toll road at the tip of S FL takes cash only.
@kimcauthen
@kimcauthen Ай бұрын
This was a different perspective from someone who lives outside of the USA, which I think his observations are on based on the history of this country his knowledge and experience of the inner workings of economics and power. I did not hear any lies detected. In addition to his observations, the man also stated facts about Americans havent had privacy, as well as being scammed upon by their own government, banking systems, and the oligarchs for decades is nothing new. But, now ship is truly going to sink because all empires at some point come to an end. We are in the last stages of this empire. Ultimately when a thing dies, there's always a birth. Hopefully the new birth is for the GOOD of all of humanity.
@HangTheBankers1
@HangTheBankers1 Ай бұрын
When was this recorded?
@SeanEustace-zk3mc
@SeanEustace-zk3mc Ай бұрын
Years ago, I used to carry 10 grand cash on me so no you’re completely wrong. You’re not already there you’re not already there at all. There is a huge difference between you holding money with no intermediate that can be traded for other things directly without fees, like gold or silver With no permission needed from the government that’s cash.
@waynesimpson9804
@waynesimpson9804 Ай бұрын
Wow what an interesting discussion
@rise4329
@rise4329 Ай бұрын
I use cash too...
@uniquecomics2
@uniquecomics2 Ай бұрын
I can’t stand clipped content.
@loveritas
@loveritas Ай бұрын
With all the respect for all the participants and shared messages, the repetitive 'bite' thumbnails has pushed me in opposite direction. Thank you Tom Bilyeu for the years of valuable videos we have watched.... time to shift energy vibration and move on to a higher perspective on our Global matters and evolution. By By ....
@Meganfinch-dt2qt
@Meganfinch-dt2qt Ай бұрын
But then, how do you get all that in that period of time? What is it you do please, mind sharing?
@garynapoli6244
@garynapoli6244 Ай бұрын
Some of us believe that money should not be issued by the government.
@joshorender4219
@joshorender4219 Ай бұрын
will a cbdc take away from bitcoin?
@DawnStyleArt
@DawnStyleArt Ай бұрын
And XRP AND XLM are the third (and improved) generation of Bitcoin which is why the US slowed down Ripple’s XRP growth with the SEC lawsuit (that THE SEC is now apologizing for).
@richardn2129
@richardn2129 Ай бұрын
I use cash all the time.
@Lucidchronicles
@Lucidchronicles Ай бұрын
when was this recorded?
@tracylee7131
@tracylee7131 Ай бұрын
I understand what is coming, the problem I have is leaving it up to the govt to decide the distributions of money as we have all been witness to the shady undertakings of gov’ts around the world. It seems like a slippery slope towards a distopian future where gov’ts decide why,when and which gets money, I’m not onboard with that level of trust in any govt.
@tacticalgamer1634
@tacticalgamer1634 Ай бұрын
Wrong.I pay everything in cash. Its the only way to have anamous purchases today. I buy my used cars and even pay contractors in cash. Once u go digital u can kiss anonymity goodbye.
@anm2945
@anm2945 Ай бұрын
We've seen this for 60 years. What's your point? What does happen next steps?
@389293912
@389293912 Ай бұрын
If Raoul believes that all governments are equal, why does he live in Grand Cayman?
@Alex-nj1tb
@Alex-nj1tb Ай бұрын
Raoul has deeper insight in whats going on!
@alilafont
@alilafont Ай бұрын
Interesting. Living in CA where behavioral economics seems to be an utter absolute disaster.
@winstonlandymore4154
@winstonlandymore4154 Ай бұрын
CBDC? What happens when you don't have electricity or a charged phone or conductivity? I live in New Orleans and we lose power all the time for many days. If I want to buy something I can use paper money with no problem. What would a Solar flare power outage do to society with CBDC?
@ssharma861
@ssharma861 Ай бұрын
im unsubscribing ur content quality has dropped quiet a bit. sad to say
@margyrowland
@margyrowland Ай бұрын
“Do interesting things” with CDC? The Chinese system is “just different ways”? NO WAY
@jacquiollard8784
@jacquiollard8784 Ай бұрын
i use cash.....i prefer it...
@FelipeSilvaG
@FelipeSilvaG Ай бұрын
"*Pause* yeah very distressing" same bro... same
@fcwt101
@fcwt101 Ай бұрын
Those are all fantastic books. If that's not enough for you read Ordinary Men by Browning.
@ericstephenson3165
@ericstephenson3165 Ай бұрын
No will do a cbdc , people use crypto because it's not forced. I will always love cash we live in a physical world we need physical money.
@tacticalgamer1634
@tacticalgamer1634 Ай бұрын
Every situation where power is out or political turmoil or the EBT system goes offline. They only take cash. If the system is down or power is out. You have no alternative
@xGERKENATORx
@xGERKENATORx Ай бұрын
Repost but this was a good interview.
@LKS2929
@LKS2929 Ай бұрын
Glad to see the “community” for these internet talking heads hold them accountable instead just fan drooling all over them like we used to do.
@Dhodl
@Dhodl Ай бұрын
Best 20 minutes besides church today ❤ I love freedom And truth and Christ
@mikedavis1069
@mikedavis1069 Ай бұрын
The sheep lives its life in fear of being eaten by the wolf only to be eaten by the shepherd.
@gamanshoo
@gamanshoo Ай бұрын
It’s all a meme…how politicians of each country dress up “freedom”. What is freedom? The ability to do something for which there is still not a law/ordinance? I agree with Raoul Pal - any citizen of any country has NO CLUE to which degree his/her freedom exists until The State DECIDES that one no longer has it. China, US, Europe…just different “freedoms”, all controlled and tracked.
@marcv2648
@marcv2648 Ай бұрын
Notice Raoul never suggests less government. All his solutions are for greater government potency. There is a difference between your government knowing what you are doing, and your government being able to exercise power over your behavior.
@kytoober5137
@kytoober5137 Ай бұрын
The issue with a cbdc isn't so much privacy in and of itself. It's the centralization of private information, in the hands of unaccountable bureaucrats. At least with a corporation there is a modicum of accountability. If you don't like Google you can stop using their products. Google also doesn't have an incentive (most of the time) to try and control public policy, in a way that would very directly affect every aspect of your life. Google (for the most part) doesn't care how you spend your money as long as you spend more of it with them. Governments do, because many people that get into government want control in order enforce an ideology, and have the means to do so. In addition the amount of data that they could collect centralized, could give them more creative ways to try to tax us and screw us over, but because it's the government we can't really boycott it...
@bearmarkettradeideas
@bearmarkettradeideas Ай бұрын
Raoul switching the subject with haste from CBDC to China being the threat spoke volumes. He may be a .gov Schill. There is no instrument more threatening than a CBDC.
@Jean-r5z
@Jean-r5z Ай бұрын
I use cash!!
@randallwall2745
@randallwall2745 Ай бұрын
I do use cash, and the opportunity is there to use cash if we wish. I also use cards, as you mention. With cash, you can save some money outside the system, meaning if the government did cut off your accounts, you could still be viable if you had some cash available. Also other countries use cash primarily like Nepal,
@danielareed9298
@danielareed9298 Ай бұрын
I'm so so so screwed
@flthmr63
@flthmr63 Ай бұрын
Stop smoking so much weed Tom - your ability to interact with a thoughtful and intelligent guest is waning
@jpsmith9452
@jpsmith9452 Ай бұрын
People still use cash. Some of my customers pay in cash. Some of vendors I deal with either accept just cash/checks, or give a discount for paying in cash.
@Bob-kl3es
@Bob-kl3es Ай бұрын
He ran out that fucking door during the earthquake like a true coward ignoring his friends.
@derekhenson3471
@derekhenson3471 Ай бұрын
Caymen Islands: where all corporate criminals hide with their money to avoid paying taxes
@julieterrell1973
@julieterrell1973 Ай бұрын
Sir Tom, please if youre repeating or renaming clips we've seen. Please just talk, with no guest about these topics cuz it eases my mind through this scarry azz time. Please!❤🎉
@turrafirmaguitarchannel
@turrafirmaguitarchannel Ай бұрын
Tom when you recount the horrors of the Gulag Archipelago don’t you think the horrors occurring right now in Gaza are any better? This is a genocide conducted by Israel with full support of the US government. Congress stood up and cheered for Netenyahu to ‘get the job done’.
@SeanEustace-zk3mc
@SeanEustace-zk3mc Ай бұрын
There’s no forget about it. I’m not giving up my freedom so we can do interesting things fuck that shit.
@BenBass00
@BenBass00 Ай бұрын
Yeah, I use cash - 50% of my expenses. True story.
@erinwill6743
@erinwill6743 Ай бұрын
Let's go back to pre internet days.
@SeanEustace-zk3mc
@SeanEustace-zk3mc Ай бұрын
There’s a difference between you choosing not to use cash and you not having a choice when the banks disappear and all that exist is a Fed wallet and you can’t get it off of the Wallet because you said the wrong thing about the wrong politician then you cannot buy and sell, and you were locked out of the system prepared to starve to death. It’s quite clear there’s a giant difference between having money in the bank and having it on a Fed wallet that you’re forced to have it On The idea that “Central bank digital currencies aren’t that bad” is bat shit crazy!
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