Hasan Piker x Tom Bilyeu: Why Gen Z Is Turning to Socialism - The Battle Over Banking, Inflation & the American Dream PT 2

Tom Bilyeu's Impact Theory

Impact Theory

Education, News, News Commentary, Philosophy, Technology, Society & Culture, Business, Self-improvement

4.7 • 5.1K Ratings

🗓️ 20 August 2025

⏱️ 65 minutes

🔗️ Recording | iTunes | RSS

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Summary

In Part 2 of our electrifying conversation with Hasan Piker, Tom and Hasan move from the theoretical to the practical—zeroing in on public policy, the mechanics of innovation, and the often-contentious debate over what works, what doesn’t, and why. As they continue their deep dive, the discussion shifts to unionization, globalization, and the realities of economic mobility in America. The pair examine the legacy of government intervention, compare the merits of public vs. private sector innovation, and weigh historical examples from the United States, China, and Europe. At the heart of this half lies a contentious discussion about national debt, inflation, and global financial confidence—juxtaposed with the DSA’s (Democratic Socialists of America) current priorities, such as foreign policy, Medicare for All, and labor empowerment. Hasan offers his vision for a more just America, where wealth is abundant but more equitably shared, while Tom challenges the feasibility and consequences of such models. Whether it’s healthcare, infrastructure, or rent control, this part is packed with hard-hitting perspectives, sharp disagreements, and the mutual drive to find real-world solutions to America’s most urgent problems. SHOWNOTES 43:07 – DSA Goals, Policy Focus, and the “Abolish the Family” Myth54:41 – The Real Drivers: Debt, Banking, and Asset Bubbles1:06:39 – Democracy, Authoritarianism, and the Global Balance1:17:44 – Domestic Priorities: Healthcare, Infrastructure, and Unionization1:27:15 – Corporate Profits, Tariffs, and Taxation and Government’s Role Follow Hasan Piker:Twitch: https://www.twitch.tv/hasanabiTwitter/X: https://twitter.com/hasanabiInstagram: https://www.instagram.com/hasandpikerTikTok: https://www.tiktok.com/@hasandpiker CHECK OUT OUR SPONSORS Vital Proteins: Get 20% off by going to ⁠https://www.vitalproteins.com⁠ and entering promo code IMPACT at check out Allio Capital: Macro investing for people who want to understand the big picture. Download their app in the App Store or at Google Play, or text my name “TOM” to 511511. SleepMe: Visit ⁠https://sleep.me/impact⁠ to get your Chilipad and save 20% with code IMPACT. Try it risk-free with their 30-night sleep trial and free shipping. Tailor Brands: 35% off ⁠https://tailorbrands.com/podcast35⁠Shopify: Sign up for your one-dollar-per-month trial period at ⁠https://shopify.com/impact⁠Hims: Start your free online visit today at ⁠https://hims.com/IMPACT⁠. Even Realities: Smart glasses, real style ⁠https://evenrealities.bio/6e396d⁠ What's up, everybody? It's Tom Bilyeu here: If you want my help... STARTING a business:⁠ ⁠⁠join me here at ZERO TO FOUNDER⁠ SCALING a business:⁠ ⁠⁠see if you qualify here.⁠ Get my battle-tested strategies and insights delivered weekly to your inbox:⁠ ⁠⁠sign up 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. ********************************************************************** Join me live on my⁠ Twitch stream⁠. I'm live daily from 6:30 to 8:30 am PT at⁠ ⁠⁠www.twitch.tv/tombilyeu⁠ ********************************************************************** LISTEN TO IMPACT THEORY AD FREE + BONUS EPISODES on APPLE PODCASTS:⁠ ⁠⁠apple.co/impacttheory⁠ ********************************************************************** 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 Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	I'm Tom Billu and this is Impact Theory. Welcome back for part two of my conversation with Hassan Piker.
0:06.0	If you have not already heard part one, you are going to want to go check that out right now.
0:10.0	This is not one that you're going to want to walk into halfway through. Let's get right back into it.
0:14.0	If you look at the timeline, this is a money printing problem. This is about debt and money printing and people get so confused about what caused
0:21.8	the real problem. So you have debt, money printing, and globalization. That's it. And if people
0:26.5	just talk about those things, then all of a sudden they're going to be able to map to reality
0:30.3	what happened. This is why people always ask a question, what happened in 1971? Because in
0:34.7	1971, that's when all hell breaks loose. And in 1971, we broke our last remaining thread.
0:40.3	We were about 25% tied to the gold standard.
0:43.7	And so when we finally let that go, then it became unhinged money printing.
0:47.7	But for a long time, we actually didn't go that ham.
0:50.1	And it wasn't really until 2008 that we just got unhinged.
0:53.8	And if you look at the M2 money supply graph, it goes berserk.
0:57.7	I don't disagree with you.
0:58.9	It's just funny because, like, I think that that is just another aspect of, like, the way that the system has been designed.
1:07.1	So we're just, like, basically unleashing the same forces because these are the,
1:12.3	these are the exact same principles that that create income and wealth inequality in general.
1:17.9	So like this is more of the same in terms of like the super wealthy making out far better than
1:23.7	the average person. Yes, but what the reason that I harp on this is because to get the
1:28.6	problem right and the solution wrong, or more importantly, to get the problem right, but the cause
1:32.8	wrong means that you will definitionally get the solution wrong because you don't know what's
1:37.0	actually causing the problem. The story I always like to tell is I woke up one day with a skin rash
	...

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