18min chapter

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The Realities of Money, AI, and the 2024 Recession | Raoul Pal PT 1

Tom Bilyeu's Impact Theory

CHAPTER

Challenges and Opportunities in an Evolving Economy

The chapter explores how the internet fell short in transforming the economy due to macroeconomic factors like demographics and globalization. It discusses the potential benefits of a declining population on GDP per capita, and the concerns surrounding wealth distribution favoring mega-corporations. Delving into wealth redistribution, Web3 technologies, and corporate tax payments, the conversation navigates through the implications of a shrinking population on wages, companies, inflation, and the relationship between money creation and demographics.

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