In this riveting episode of Impact Theory with Tom Bilyeu, we dive deep into a multitude of pressing political and economic issues with our guest, Nicole Shanahan. Nicole dissects the legacy of Trump's first term, exploring his contentious relationship with big pharma and the implications for his potential future policies. We delve into the impact of Peter Thiel and the PayPal mafia on the Republican party and question the integrity of potential vice presidential candidates. The discussion then shifts to financial matters, where Tom and Nicole sound off on the consequences of government-sanctioned currency creation, inflation, and the viability of alternative currency systems like bitcoin. They also analyze the generational divide in economic experiences, particularly the innovative approaches to money management adopted by millennials. SHOWNOTES 00:00 Prioritize spending reduction, audit, stimulate economy, address inflation. 03:51 Supreme Court overturns Chevron deference, empowering courts. 07:38 Limit corporate funding to change regulatory abuse. 13:34 Reject gold standard due to inflation ability. 14:40 New leadership needed to release control mentality. 19:52 Technology enables government spending accountability for Millennials. 23:27 Boomers paying for care due to inflation. 25:54 Tax-efficient schemes, creative wealth management, government critique. 30:13 Positive sign ls from Trump regarding distancing from Big Pharma, admitting mistakes, and deescalating wars. 34:28 Palantir linked to smaller group, less concerning. 38:12 Not in talks with Harris, fake news. 42:26 We wanted a fair shot at winning. 44:19 Is the risk of a Harris Walts presidency worth it? 47:37 Prepare for 2028 election to avoid costs. 52:28 Choose independence, invite critical thinking, expand connections. 53:25 Follow and engage with our podcasts on X. CHECK OUT OUR SPONSORS Shopify: Go to https://impacttheory.co/shopifyAugust24pod right now and sign up for a $1 per month trial. Butcherbox: Go to https://impacttheory.co/butcherboxpodAugust24 and use code IMPACT at checkout and enjoy your choice of bone-in chicken thighs, top sirloins, or salmon in every box for an entire year, plus get $30 off Eightsleep: Head to https://impacttheory.co/EightSleeppodAugust24 and use code IMPACT to get $350 off your Pod 4 Ultra. Netsuite: Head to https://impacttheory.co/NetsuitepodAugust24 for Netsuite’s one-of-a-kind flexible financing program for a few more weeks! SchwankOutdoor: Visit https://impacttheory.co/SchwankGrillsPodAugust24 and use promo code IMPACT to get $150 OFF a Schwank Grill. RangeRover: Explore the Range Rover Sport at https://impacttheory.co/landroverpodAugust24 ZBiotics: Head to https://impacttheory.co/zbioticsAugust24 and use the code IMPACT at checkout for 15% off. AG1: Get 5 free AG1 Travel Packs and a FREE 1 year supply of Vitamin D with your first purchase at https://impacttheory.co/AG1pod. Aura: Secure your digital life with proactive protection for your assets, identity, family, and tech – Go to https://aura.com/impact to start your free two-week trial. Quickbooks: Go to https://impacttheory.co/quickbooksJuly24 to get 50% off 3 months of Quickbooks Payroll! FOLLOW TOM: Instagram: https://www.instagram.com/tombilyeu/ Tik Tok: https://www.tiktok.com/@tombilyeu?lang=en Twitter: https://twitter.com/tombilyeu YouTube: https://www.youtube.com/@TomBilyeu What's up, everybody? It's Tom Bilyeu here. If you're serious about leveling up your life, I urge you to check out my new podcast, Tom Bilyeu’s Mindset Playbook —a goldmine of my most impactful episodes on mindset, business, and health. Trust me, your future self will thank you. LISTEN AD FREE + BONUS EPISODES on APPLE PODCASTS: apple.co/impacttheory Learn more about your ad choices. Visit megaphone.fm/adchoices