This Is Why You Can’t Afford a House — The Truth About Inflation, AI, and Why Everything Feels Unfair | Daniel Priestley PT 2

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Impact Theory

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4.7 • 5.1K Ratings

🗓️ 21 May 2025

⏱️ 59 minutes

🔗️ Recording | iTunes | RSS

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Summary

In this installment, Daniel and Tom push deeper into the roots of economic anxiety, the morality of money printing, the logic (and danger) of debt, and why the “Monopoly game” always ends in revolution, collapse, or war. They ask what it will really take to avoid history’s bloodiest outcomes — and whether the solutions are personal, systemic, or already out of reach. SHOWNOTES43:12 Why money printing is immoral — and also unavoidable52:09 Why the end of the “Monopoly game” means collapse, war, or revolution54:26 Why emotional arguments win — but don’t provide answers55:26 Is there any bloodless way out of our current economic predicament?56:04 The dual systems: Industrial age in decline, digital age on the rise59:03 Chess, cards, and elite training simulations (the structure of society)1:10:03 The baby boom, housing inflation, and the demographic crunch1:14:02 Bell curve economics vs. power law distribution1:15:43 Why money printing makes “saving your way up” impossible1:16:48 Agency, intelligence, inflation and who gets ahead1:26:40 Adam Smith, self-interest, and how the invisible hand really works1:30:06 Authoritarianism, top-down fear, and the dangers of utopian “rescue” plans1:41:25 Artificial General Intelligence, wide access, and the dawn of creative superpowers1:46:13 Creation vs. consumption — the fork in the road for personal success1:50:13 Why future careers will be plural, fast, creative loops1:54:02 Will most people embrace agency, or get left behind by hyperloops? CONNECT WITH DANIEL PRIESTLEYInstagram: https://www.instagram.com/danielpriestley/LinkedIn: https://www.linkedin.com/in/danielpriestley/Twitter/X: https://twitter.com/DanielPriestleyWebsite: https://www.danielpriestley.com CHECK OUT OUR SPONSORS Vital Proteins: Get 20% off by going to ⁠https://www.vitalproteins.com⁠ and entering promo code IMPACT at check out Monarch Money: Use code THEORY at ⁠https://monarchmoney.com⁠ for 50% off your first year! Shopify: Sign up for your one-dollar-per-month trial period at ⁠https://shopify.com/impact⁠ Netsuite: Download the CFO’s Guide to AI and Machine Learning at ⁠https://NetSuite.com/THEORY⁠ iTrust Capital: Use code IMPACTGO when you sign up and fund your account to get a $100 bonus at ⁠https://www.itrustcapital.com/tombilyeu⁠ Mint Mobile: If you like your money, Mint Mobile is for you. Shop plans at ⁠https://mintmobile.com/impact.⁠ DISCLAIMER: Upfront payment of $45 for 3-month 5 gigabyte plan required (equivalent to $15/mo.). New customer offer for first 3 months only, then full-price plan options available. Taxes & fees extra. See MINT MOBILE for details. 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. ********************************************************************** 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 Bill you and this is Impact Theory.
0:02.7	Welcome back to part two of my conversation with Daniel Priestley.
0:05.9	Let's dive right back in.
0:07.7	The reason that I think the much bigger problem is money printing is because you make it
0:15.0	impossible for somebody to save their way to success.
0:18.4	So there are great stories of back in the day, a janitor who's making less than a
0:27.2	poverty wage is still managing to put some amount of his money away.
0:33.5	Usually if they're going to get a return, it's into the stock market.
0:35.9	Okay.
0:36.1	So they figure out that you can buy assets.
0:39.0	For the person that's putting money under their bed,
0:42.3	the problem ends up being that if they put $100 under the bed,
0:45.9	it literally becomes 10 cents.
0:48.1	And the reason I think you're so right about houses
0:54.0	is that people understand them.
0:57.0	You don't have to teach them.
0:58.0	You don't have to make a really complicated card game.
1:00.0	It's just you can live inside of it.
1:02.0	People get it.
1:03.0	Oh, put my money in that.
1:04.0	That's the thing that will allow me to retire.
1:06.0	Cool.
	...

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