meta_pixel
Tapesearch Logo
Log in
Tom Bilyeu's Impact Theory

Emergency Episode: Why This Financial Crisis Is Worse Than 2008 | Balaji Srinivasan Pt 3

Tom Bilyeu's Impact Theory

Impact Theory

Business, News Commentary, News

4.75.2K Ratings

🗓️ 19 June 2023

⏱️ 85 minutes

🧾️ Download transcript

Summary

We finish this 3 part series with Balaji Srinivasan with a deep dive into unchartered waters with mind-blowing discussions about US government power, secular nationalism and the role of fiat currency. In this conversation, Balaji exposes the fallacy of US government power, secular nationalism and the role of fiat currency. Balaji breaks down why The Network State is a formidable contender with world governments and countries leveraging alternate currencies and social networks that could revolutionize the way we think of nationalism and groups. Join the conversation and share your thoughts on these fascinating and contentious issues! What are your thoughts on the role of fiat currency and the military power of a nation in shaping its global standing and influence? Check out Balaji’s book, The Network State: How to Start A New Country: https://www.amazon.com/Network-State-How-Start-Country-ebook/dp/B09VPKZR3G  Follow Balaji Srinivasan: Website: https://balajis.com/  Twitter: https://twitter.com/balajis/ SPONSORS: Get 5 free AG1 Travel Packs and a FREE 1 year supply of Vitamin D with your first purchase at https://bit.ly/AG1Impact. Get $300 into your brokerage account when you invest $5k within your first 90 days by going to https://bit.ly/FacetImpact. Head to www.insidetracker.com and use code “IMPACTTHEORY” to get 20% off! Sign up for a one-dollar-per-month trial period at https://bit.ly/ShopifyImpact. Are You Ready for EXTRA Impact? If you’re ready to find true fulfillment, strengthen your focus, and ignite your true potential, the Impact Theory subscription was created just for you. Want to transform your health, sharpen your mindset, improve your relationship, or conquer the business world? This is your epicenter of greatness.  This is not for the faint of heart. This is for those who dare to learn obsessively, every day, day after day. Subscription Benefits: Unlock the gates to a treasure trove of wisdom from inspiring guests like Andrew Huberman, Mel Robbins, Hal Elrod, Matthew McConaughey, and many, many, more New episodes delivered ad-free Exclusive access to Tom’s AMAs, keynote speeches, and suggestions from his personal reading list You’ll also get access to an 5 additional podcasts with hundreds of archived Impact Theory episodes, meticulously curated into themed playlists covering health, mindset, business, relationships, and more: Legendary Mindset: Mindset & Self-Improvement Money Mindset: Business & Finance Relationship Theory: Relationships Health Theory: Mental & Physical Health Power Ups: Weekly Doses of Short Motivational Quotes  Subscribe on Apple Podcasts: https://apple.co/3PCvJaz Subscribe on all other platforms (Google Podcasts, Spotify, Castro, Downcast, Overcast, Pocket Casts, Podcast Addict, Podcast Republic, Podkicker, and more) : https://impacttheorynetwork.supercast.com/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

What's up, guys? In today's episode, we finish this incredible three-part series with Bologi Shrinivasan,

0:06.0

the man that spent a million dollars of his own money just to raise awareness about the trillions of

0:11.4

dollars being printed right now. We're about to deep dive into uncharted waters with mind-blowing

0:16.1

discussions about the U.S. governmental power, secular nationalism, and the role of fiat currency.

0:22.3

Does the power of a nation's military and the strength of its fiat currency truly determine its global dominance?

0:28.1

We're going to be diving into that question today.

0:30.6

Brace yourself for a revelation that will make you question everything.

0:35.2

Make sure you never miss out on these mind-blowing conversations and subscribe

0:38.7

to Impact Theory on Amazon Music Today. Head over to the Amazon Music app to hear more episodes

0:44.6

just like this with the experts and thought leaders that you need access to if you're going

0:48.9

to navigate this changing world well. I'm Tom Billu and welcome to Impact Theory. When you look at categorical errors,

0:56.4

I think they are the most dangerous error that you can make because it is to fundamentally

1:00.5

misunderstand the nature of the thing. And so if you're Blockbuster or Kodak and you think the

1:07.0

nature of the thing is I am selling you the experience of coming in and selecting a DVD and going home with it. You're coming in, you're buying popcorn, et cetera, et cetera. And you don't realize that the actual category of thing is, I'm just entertaining you in the way that you want to be entertained. Or I'm removing friction from the entertainment process. So instead of having to go to a movie theater, you come here and you can pick whatever movie. You don't have to worry about start times, et cetera, et cetera. So if they had understood that what their job was was to remove the friction from the entertainment experience, then they would have seen, oh, Netflix does that even better. So there's even less friction, you know, in the beginning for kids that don't know, it's like used to ship the DVD back and forth in the mail. But you could go online and say, here are the next three or five, depending on which thing you signed up for, videos that I want, as I send them back to you, you send me the next one. So you can watch whatever you wanted. There was no more late fees, et cetera, et cetera. Okay, so you take Mao. Mao organizes everybody. Steam rolls is the right word. He steam rolls over everybody. Literally,

2:06.4

you can't imagine how sinister and evil this guy was. Read Mao the untold story. It is unimaginable

2:12.5

that a human being could do that to other human beings. Absolutely insane. So he galvanizes this group of people and he thinks that basically terror is the

2:23.7

organizing principle.

2:24.5

Now, he does give them ideology to cling to, but it's really terror that works.

2:30.1

And you see him make these realizations throughout his life.

2:33.3

Whereas the following regimes

2:35.2

realize, oh, actually, we can hold people together with ideology and by making them feel better.

2:43.4

Now, we're seeing sort of a flirtation with a return to the hammer and people can't let you

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Impact Theory, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Impact Theory and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.