Middle Class Is Wiped Out! - Arthur Hayes’ Warning On Money, Bitcoin, War, China & Economic Collapse | Arthur Hayes PT 2

Tom Bilyeu's Impact Theory

Impact Theory

Business, News Commentary, News

4.7 • 5.2K Ratings

🗓️ 27 March 2024

⏱️ 82 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Welcome back to part 2 of this power-packed episode with Arthur Hayes! Dive deeper with us into our discussion on the complexities of the current economic system, the likelihood of a global war in this decade, and the effects of volatility on investment decisions. Arthur also shares his financial and economic predictions for the upcoming years, and why he believes we will see a shift towards extensive currency printing by governments around the world. Don't miss out on the final part of this eye-opening conversation with Arthur Hayes. And if you're loving the Impact Theory Podcast, please take a moment to leave us a review or rate the show. Your feedback is incredibly valuable! Follow Arthur Hayes: Substack: https://cryptohayes.substack.com/ X: https://twitter.com/CryptoHayes Instagram: https://www.instagram.com/arthur__hayes/ Follow Me, Tom Bilyeu: Website: https://impacttheoryuniversity.com/ X: https://twitter.com/TomBilyeu Instagram: https://www.instagram.com/tombilyeu/ If you want to dive deeper into my content, search through every episode, find specific topics I've covered, and ask me questions. Go to my Dexa page: https://dexa.ai/tombilyeu Themes: Mindset, Finance, World Affairs, Health & Productivity, Future & Tech, Simulation Theory & Physics, Dating & Relationships SPONSORS: Visit https://betterHelp.com/IMPACTTHEORY today to get 10% off your first month. Sign up today at https://butcherbox.com/impact and use code impact to choose your free offer and get $20 off. If you purchase an item using these affiliate links, Impact Theory may receive a commission. Sign up for a one-dollar-per-month trial period at https://shopify.com/impact now to grow your business – no matter what stage you’re in. Go to https://zbiotics.com/IMPACT to get 15% off your first order when you use IMPACT at checkout If you want to take the next step in improving your health, go to https://go.lumen.me/impact and you’ll get $50 off your Lumen! Get an extended thirty-day free trial when you go to https://monarchmoney.com/IMPACT. Levels is offering Impact Theory listeners an additional 2 free months of the Levels annual Membership when you use my link, https://levels.link/IMPACTTHEORY Get 5 free AG1 Travel Packs and a FREE 1 year supply of Vitamin D with your first purchase at https://drinkag1.com/impact. 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. Take control of your gut health by going to https://tryviome.com/impact and use code IMPACT to get 20% off your first 3 months and free shipping. ***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. *New episodes delivered ad-free, EXCLUSIVE access to hundreds of archived Impact Theory episodes, Tom AMAs, and so much more!* This is not for the faint of heart. This is for those who dare to learn obsessively, every day, day after day. *****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	Welcome back for Part 2 with Arthur Hayes.
0:04.6	Okay, before I ask my next question, I really want to prime people.
0:08.1	So I started doing financial content for one reason and one reason only when COVID hit.
0:14.0	I didn't understand money printing.
0:15.5	So I was really worried about, so my background, I don't know how much you know about it,
0:19.7	but I used to work in the inner cities. so I've seen a lot of people up close that are in the grips of poverty and I was like
0:27.1	they're going to get destroyed by what's happening now they're living paycheck to paycheck
0:32.8	businesses are going to be closing down they're going to lose jobs like this is really going to
0:36.8	be a bloodbath.
0:43.4	And so I wanted to start making content around how I thought they could approach it just on a day-to-day level. What should they do? So the basic stuff, get your spending under control,
0:48.2	invest in an index fund. Like, don't try to be clever. Don't try to time the market. Don't be a trader.
0:55.0	Just like get your money into an index fund.
0:57.7	There's a guy named Wall Street Trapper, who I think is brilliant at speaking to people that don't have a financial mindset that did not grow up with that.
1:05.5	And he was really help is helping them migrate into think like an owner.
1:09.7	Make sure you own equities.
1:11.5	If you're going to wear Louis Vuitton, own Louis Vuitton stock, right? So it was just really, that's really what started
1:18.3	getting me into this. And then as you ask more questions, you know, as the island of your
1:24.0	knowledge grows, so grows the shore of your ignorance, I just started realizing,
1:32.2	oh, wait, like, I don't understand this part. I don't understand that part. And so you finally end up at Robert Breedlove and what is money, and then it all starts to unravel. And then I was like,
1:37.6	wait a second, the thing that I was trying to protect people from, it's a totally different game,
1:41.2	and this is terrifying. So we're about to go into a part of this
1:45.0	game, trading, looking at trends, riding waves, looking for signs to get off the train, all of that.
	...

Please login to see the full transcript.

Previous episode | Next episode

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.