4.7 • 5.1K Ratings
🗓️ 9 November 2025
⏱️ 53 minutes
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| 0:00.0 | There is a rise of like ethical capitalism, reimagining the capitalist system to include more |
| 0:05.7 | of the income inequalities too great. Now we can't just go on business as usual. We tried in the 80s |
| 0:11.1 | during the Reagan era to kind of cut the regulation and grow our way out of this through business-friendly |
| 0:17.1 | environments. And it worked. And it was magically delicious. |
| 0:21.6 | No, it was. I feel like that's the subjective because it's not working as good as it is now, but |
| 0:26.6 | I think... |
| 0:27.6 | Bro, go look at the stats. |
| 0:28.6 | So if what people want is in America where there are no classes, you're never going to get that. |
| 0:35.6 | Because that's not the game. The game is to have classes, |
| 0:39.4 | but you want high class mobility. So America used to rank much higher in the 80s in class mobility |
| 0:46.0 | than we do now. What I'm saying is the things that broke are you can point directly to them. |
| 0:52.0 | You don't have to be vague. What broke was we started printing money. |
| 0:56.0 | We started deficit spending and we bought into modern monetary theory, which says you can print money and it won't be problematic. |
| 1:02.0 | There was a guy today, he was on a show called Bankless, which by the way, bankless is a great show. |
| 1:06.0 | But this guy, at least the clip they posted, was so fucking stupid. |
| 1:10.0 | I was like, I cannot believe. |
| 1:12.8 | So he's basically saying, it's just repriced gold, bro. |
| 1:16.5 | Like, separate him. |
| 1:19.4 | Come back and gold's like 20,000, 40,000. |
| 1:24.1 | Bro, do you understand why Marie Antoinette lost her head? |
| 1:27.8 | He doesn't get it. |
| 1:29.0 | Like people are so trapped inside of, but that would work economically, Tom. |
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