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.
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.
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.
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.
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
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.
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.
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.
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.
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. `
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
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.
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.
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.
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.
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.
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?
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.
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...
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!
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.
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.
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. 🎉
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.
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.""
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.
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 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.
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?
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.
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.
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!
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
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.
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❤
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.
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 🤷♂️
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.
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.
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?
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 ....
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'
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.
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.
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.
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.
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!❤🎉
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.
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).
Do you think it's a good time to consider selling some stocks, or is it better to hold onto them for the long term? I’m considering rebalancing my $2M portfolios, So I'm curious about the best strategies to invest this year.
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.
I think this talk is more about after the crisis stock up on food Now you won’t be going to the store for a while but you be standing in the government desperation line if there is one
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
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?
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.
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.
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,
Is it possible that one day soon there will be a government announcement informing the entire population that, as of a certain date, they will gradually transition to Bitcoin? Is this how it will unfold?
![YoungBoy Never Broke Again - Missing Everything [Official Video]](http://i.ytimg.com/vi/dTYeMZGzOzw/mqdefault.jpg)
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.
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.
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.
How can i get started when it comes to investing and passive income?
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.
Before I waste another 20 minutes, when was this podcast actually taken?
Why are most recent videos just clips from really old videos? No new content?
This is an old clip.
Last week or the week before
@@davidstaylor09 Tom making and raking in more money from old videos...LOL.
Probably 4 years ago😂😂😂😂
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
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.
this is huge! your advsor must be grade A, mind sharing more info please? in dire need of proper asset allocation
How do people living from paycheck to paycheck do that? Please explain. 😮
Or into self sufficiency? There is no guarantee if you rely solely on the supply chain
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.
FEAR PORN, FEAR PORN, FEAR PORNNNNNNNNNNN
Society is not free without cash. Actually you can go further. Societies not using gold and silver coinage as currency are not free 😏
100%!!!!
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.
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.
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. `
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
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.
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.
EVERY single vid should have a datestamp! PERIOD! Pay attention and be responsive to your audience. Thumbs Up #400
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.
It looks like Jun 8, 2023 to me. ruclips.net/video/9UzMNewP5pc/видео.html
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.
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.
If you lack knowledge about market investing tactics, get advice from a financial counselor.
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.
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?
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
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.
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.
As a beginner what do I need to do? How can I invest, on which platform? If you know any please share.
Investing $15,000 and received $174,000
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
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
So you guys know her too?...
Wow she made my husband and I have our own house and car.
She is good! 👌
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.
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.
Remember what you watched then 😂😂 tik tok brain lol
My world is so weird right now. What's real? What's fake? I'm totally clueless
We all are, you're not alone.
Brics is the way!
Watch matrix! This is exactly what is happening. I am out of it already! Are you?
@Atjayvang21 Can you expound upon this thought?
The danger is real. The news is fake.
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...
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!
They'll only call it a depression if Trump wins. Read a monograph, "Great Myths of the Great Depression"
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.
Request everyone to unsubscribe.
These repeat edits and click B titles is not what I sub for
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.
He need to feed those little kids Sir
Annoying to not have date for context. Shame on Tom and his interns.
If he simply put time date we’d have xkntext
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.
You can tell your guest that I have no respect for those who run from their problems. We’re not abandoning our home.
he didnt run from, he solved.
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. 🎉
@@pacearrow4620 we’re not the same.
Put the the dam date on it 🤬🤬🤬🤬
Look at fed rate cycle history to know when.
Jan. to Sept there will be multiple events that lead to everyone in crisis mode.
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.
I like using cash
Aloha hugs 🤗 I like the way it feels and smells
same here... all my purchases are in cash, with exception of online which is quite rare for me.
Me too, and use it all the time. He is the sales guy for CBDC, paid to do so
Never touch the stuff😮
@@dsailorman1 Why not?
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.""
Amen. Fight against it. Buy gold and silver!
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!
It's a repeat, it's very old.
Honestly, this concerns me and has left me uneasy. Especially this potential depression, no more a recession. I'm unsure about my $130K account strategy, considering the uncertainty of this whole recession mostly.
If you lack knowledge about market investing tactics, get advice from a financial counselor.
This channel has become apocalypse prophecy pr0n...
A loooot of doom p0řñ
Definitely needs a reality check
For obvious reasons
@@MediaCreators click$
Yeah agreed BTC is definitely government. This is why monero is the white pill
Tom I gain so much insight from these interviews but please post the original airdate.
This guest is the same guy that said: AI is coming, so you either embrace it or miss out.
Says the guy who ran off to the Caymen islands.
this guy is a grifter deluxe
whats wrong with that ?
same guy said bitcoin would hit 100k years ago lol
@@diamondkid333 did he specify itnwill hit 100k at a specific time ?
Good for him being able to build his own house in the Cayman Islands
Tom, you get better by the day!
I use cash 98% of the time so this guy doesn't know what he's saying when he says no one uses cash.
Absolutely. I believe that around 50% in Germany still use cash regularly.
This was recorded in 1946, don’t pay attention to it
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.
And every illegal trade uses cash lol. That’s a trillion dollar economy
@@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.
@@beakersgarage383 Yes I totally understand that. You need electricity to transact digitally
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? :)
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?
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.
Take a look around. Drive through your cities. The US is becoming a 3rd world country.
You know the currency in Cayman's is higher than USD right?
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.
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!
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
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.
You are either delusional or you have never been to Cayman.
Bitcoin et al until the grid goes down. Surely silver and gold are the safest bets, in physical form obviously
How about the threat of communism..
Yeah, that's the Mark of the Beast.
Listen to this tool, “this is why I built a house in the Cayman Islands” yeah it’s a tax haven. A😂
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❤
“Nobody uses cash?” Tell that to the criminal underworld
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.
Raoul is so right!
i like using cash im kinda old school much easyer to stop spending when wallet gets low
Very well spoken, Tom 🥂
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.
Raoul has deeper insight in whats going on!
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 🤷♂️
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.
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.
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?
Awesome content! I always love hearing from Raul
This guy's ideas on government and freedom are scary. There are precious few Brits who get it.
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 ....
I use cash. I may be a lone person but I use cash.
The Alligator Alley toll road at the tip of S FL takes cash only.
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'
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.
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.
Stop smoking so much weed Tom - your ability to interact with a thoughtful and intelligent guest is waning
Some of us believe that money should not be issued by the government.
But then, how do you get all that in that period of time? What is it you do please, mind sharing?
Best 20 minutes besides church today ❤ I love freedom
And truth and Christ
Wow what an interesting discussion
When was this recorded?
I use cash too...
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.
I'm so so so screwed
I can’t stand clipped content.
"*Pause* yeah very distressing" same bro... same
I use cash all the time.
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.
“Do interesting things” with CDC? The Chinese system is “just different ways”? NO WAY
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.
If Raoul believes that all governments are equal, why does he live in Grand Cayman?
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.
The sheep lives its life in fear of being eaten by the wolf only to be eaten by the shepherd.
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!❤🎉
Interesting. Living in CA where behavioral economics seems to be an utter absolute disaster.
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.
Who do you trust to operate, manage, control the digital system.
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.
Why are all big banks buying gold..
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).
Do you think it's a good time to consider selling some stocks, or is it better to hold onto them for the long term? I’m considering rebalancing my $2M portfolios, So I'm curious about the best strategies to invest this year.
everyone needs a margin of safety in their portfolios and just remember, it's time in the market not timing the market
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.
Let's go back to pre internet days.
I think this talk is more about after the crisis stock up on food Now you won’t be going to the store for a while but you be standing in the government desperation line if there is one
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
will a cbdc take away from bitcoin?
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?
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.
when was this recorded?
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.
We've seen this for 60 years. What's your point? What does happen next steps?
Yet again reminded why I don't watch Tom.
Too bad, because some of the guests are great.
Repost but this was a good interview.
The Cayman islands. When you can't get anything delivered because shipping collapses, there and you don't have water. LOL great plan.
im unsubscribing ur content quality has dropped quiet a bit. sad to say
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,
Almost can’t get enough of Raul Pal! Thanks Tom for bringing us people like this and creating such great conversations.
History repeats because human emotions never change 🤷♂️
Thank you, Raoul. All governments are the same.
Is it possible that one day soon there will be a government announcement informing the entire population that, as of a certain date, they will gradually transition to Bitcoin? Is this how it will unfold?
Pure digital currency is not good. If it coexist with physical cash, then incidents like CrowdStrike may not cripple a nation.