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Tom Bilyeu's Impact Theory cover image

"Crypto Is Crashing!" - Wealth-Building Strategies to Capitalize on the Crypto Crash | Michael Saylor (Replay)

Tom Bilyeu's Impact Theory

NOTE

Beware the Chilling Effect of Controls

Unionization, fear of going to work, and aversion to interaction create a chilling effect on the economy. With capital, wage, price, export, and manufacturing controls in place, production diminishes significantly. The economy has experienced a weakening, shown by a 20% drop in currency value post-COVID, leading to a misunderstood production output loss of over 20% in the last two years. Many contemplate whether the economy is in recession, but signs indicate that it has been in recession since March 2020. Metrics are distorted, particularly GDP, as measuring economic output in nominal dollars fails due to the diminished value of the dollar compared to 24 months prior.

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