Tom Bilyeu's Impact Theory How Money Printing, Inflation, and AI Will Reshape Wealth and Employment | Arthur Hayes X Impact Theory w/ Tom Bilyeu
67 snips
Jan 8, 2026 
Arthur Hayes, co-founder of BitMEX and a bold voice in macroeconomics, discusses the tense intersection of money printing and inflation. He highlights how monetary policies create a K-shaped economy, leaving many behind while benefiting asset owners. The conversation dives into the escalating impact of AI, including job losses and potential political instability. Hayes warns that the speed of AI disruption may outpace fiscal crises. He also emphasizes the importance of pragmatic financial strategies in navigating this evolving landscape.
AI Snips
Chapters
Transcript
Episode notes
Money Printing Is The Core Problem
- Arthur Hayes says the root problem is long-term money printing and repeating bailouts that inflate asset prices.
- He explains average people get priced out of housing, kids, and stability as inflation accumulates.
Asset Owners Benefit From Inflation
- Hayes emphasizes owners of financial assets win when governments repeatedly print money.
- He notes first-time homebuyers are much older because printed money inflates asset prices over decades.
AI Creates Abundance And Political Risk
- AI and robotics could drive labor and intelligence costs toward zero, creating abundance but destabilizing debt-based societies.
- Hayes warns this forces a political conversation about sharing AI-created abundance, not just balancing national debt.