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On Today's Episode:
No one wants to hear that the money they save today will be worthless tomorrow, and yet no one can deny that inflation is hitting everyone at the grocery store. What does this all mean and what can you do about it? You're living through a recession that the government can't seem to agree on or admit to whether you like it or not.
Robert Breedlove hosts the podcast, 'What Is Money?' has joined Tom a few times and broken down the complexities of money, inflation, and property rights. He's a freedom maximalist, and bitcoin philosopher that offers food for thought that can melt your brain. His breakdown of inflation being a version of legal theft should grab your attention as it's hard to ignore once you hear his explanation.
We're digging into key ideas such as:
The money crisis
How bitcoin is impacting future creation of wealth
How you can better thrive during this financial crisis
It always comes down to decision and how you choose to move through reality as it is not how you wish it were.
QUOTES:
'Money is always scarce by definition.'
'The really successful entrepreneur is almost brilliantly lazy.'
'The innovation we've seen in the 21st century has been in spite of central banking not because of it.'
'When we print money you're only violating individual private property rights.'
'The corruption of this technology that's so fundamental to our human being, leads to the corruption of our character, and the corruption of who we are. It's like a breakdown and corrosion of the moral composition of society through the debasement of currency and the violation of property.'
'Inaction is an impossibility. To choose to not act is an action.'
'The more productive we become as a global economy, the more purchasing power bitcoin can contain.'
'Money is an insurance policy on uncertainty
'Inflation is quite simply, legal counterfeiting, and counterfeiting is illegal inflation. They're mechanically the same thing.'
'Setting a legal monopoly to steal from all of society is a really convenient wealth acquisition strategy.'
Follow Robert Breedlove:
YouTube: https://www.youtube.com/channel/UC43_LTf5Z4lbRjKCq0sIAVg
Twitter: https://twitter.com/Breedlove22
LinkedIn:https://www.linkedin.com/in/breedlove22/
Podcast: https://whatismoneypodcast.com/
Instagram: https://www.instagram.com/breedlove_22/
Money grows on trees 😂 its called a orchard 😅 idiot
@kurtyap5012 Says:
Robert is so right about that fact
@kurtyap5012 Says:
No, the axioms are fear, greed, breath and sleep. The axioms are not family or individuals. Property came from starvation meaning food is life. Likewise, access to women was property. Women's access to strong hunter gatherers was property. Thus, the axioms of property begin with human fear and greed in the early environment.
@joshualizard9658 Says:
Those who are bent on denying the liberty of the individual will ally themselves together. Unless we learn to act likewise tyranny will rule the world and a great corruption thereof. The Law of Fraternity is tantamount to the Law of Liberty. If you're not working with Fraternity you may thiink yourself free but you will be going straight to ruin.
@carolynreid2108 Says:
The problem is there is no real love❤❤
@carolynreid2108 Says:
Family is everything!!❤️❤️❤️🇦🇺❤️🇦🇺❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️
@carolynreid2108 Says:
The Africans were taken advantage of by the west for many years for rarer minerals. Their government unable too defend itself. Unable to effectively trade!!
Now it’s different.🇦🇺🇦🇺
@carolynreid2108 Says:
Tax is a real problem more so as you know that politically you get nothing for your buck!!!!🇦🇺
@carolynreid2108 Says:
The problem is lack of education for the majority and lack of opportunity. When people have no opportunity they lower their moral compass ❤❤❤❤❤❤🇦🇺🇦🇺🇦🇺🇦🇺🇦🇺🌺
@carolynreid2108 Says:
Try and cash out your Bitcoin and you have Tax and 5-10% fees for getting it out!!! No free movement still.
@carolynreid2108 Says:
Today we have the lack of everything. Diamonds are exquisite and priceless really!!🇦🇺🇦🇺
@carolynreid2108 Says:
We all want comfort!!❤
@carolynreid2108 Says:
Is he married??🥰🥰😘
@Squeeze_Gainz Says:
This guy predict was right. Look what’s happening right now aka collapsing & taking yall freedom away at the same time
@siouxfalls100 Says:
Law two. With powerful magnets, may of these laws can change just a bit.
@FirstnameLastname-vy2dg Says:
“Bitcoin has proven itself over 13 years of operation”. My dude 13 years is nothing to boast about! Now gold on the other hand say 6000 years and when there was no internet that is something to boast of.
@bulgingbattery2050 Says:
There is BIG MONEY in UKRAINE, that's for sure!
@jrtracy Says:
Great interview. An obviously intelligent person.
But when he went to God thing quoting Peterson, he lost me. WTF.
@stocksguy5246 Says:
Even if you own Bitcoin, when you cash it out the Canadian government taxes you with capital gains if you bring the funds into your bank account. What's the best way to utilize Bitcoin without being taxed?
@sarahbrewer53 Says:
You realize if you are poor and think this guy is onto something you are a fool. I own my own home straight out i make about 300k a year. I get no handouts. So for me what he is saying makes sense. Im not a greedy pos. What he is saying no help to anyone who needs it.
@mdc8223 Says:
Sorry guys, but Bitcoin is not creating scarcity, because it's only a piece o code, and there a lot of other cryptocurrencies.
@alfonsoalfonso5254 Says:
Western societies citizens believe if you are poor, . GOD is ignoring you, but if you are rich, GOD next to you.
@FrekiBodgaedir Says:
❤ Andrew Jackson
@shadygreg98 Says:
Let’s be honest.Nobody knows what is going to happen but I agree that there is bigger probability that markets are going down than up.”There is no certainties only probabilities „-GG
@lakodi Says:
Does anyone have an aspirin 😮
@PaulHogsten Says:
LMFAO!
@Unvaccinatedpureblood Says:
This aged well :(
@christophorfaust2457 Says:
It took Rome 500-years to collapse… we should be so lucky:-(
@CarlosRamirez-nf9zj Says:
Great content but bad editing. Listening from start to finish, it's not chronological. So, topics are cut and pasted throughout.
@mulatokudzava7797 Says:
Wow, Robert even had his hair cut during the podcast around 1:25:55 !
@naplesnatural7299 Says:
Glad YouTube auto played this, bc I missed it when it came out. Most ppl would be in utter disbelief if they realized just how much of their world is rigged.
@Rofarabia Says:
The movie is it’s a wonderful life…
@electricman69 Says:
Central bank created fiat currency is not money it is a debt instrument created by criminals to steal wealth gold and silver is real money people better get some before it's to late TIME IS SHORT😊
@charleswilliams8248 Says:
Matthew chapter 24! Read it…
@Theqbhawk747 Says:
Money is always “scarce “ — WHY😳⁉️
And WHO Owns the GOALS & The Federal Reserves ⁉️— 🤨
Why isn’t this the Answer to All Questions Like — what is MONEY ⁉️
Since it is Controlled under the Word “Capitalism” & “Government” to “Cooperate” 🙌🏽
@hellinahandbasket4240 Says:
I need to know how he thinks we'd all have access to bitcoin on an equal basis. My understanding is that those of us who don't have the money to access the expensive machinery to mine bitcoin ourselves and are reliant on paying someone else to do it are really only able to access such a tiny portion of even one bitcoin so as to be almost useless. We're either buying the equipment to mine ourselves, in which case we have full access to what Breedlove is talking about, or we're still basically under someone else's thumb and control to get access to a small portion because we're paying them to mine. So I'd like to know how he thinks bitcoin provides a level playing field for everyone?
@jschreadley876 Says:
Oh, and now it's 2025 and the wheels and tires are coming off the bus. 🙂
@rotation2326 Says:
This would be true only if one accepts the premise that “your money “ was gained by you and for you”without any support from the community
.
@friendswithfinz Says:
best articulation of currency and the problems socialists fail to comprehend; however bit"con" is a symptom of the distortion, not a solution.
@Faji9r Says:
America was created in the last days. Roosevelt wanted UN created and they use the words peace and security.
@growinghearts-nina Says:
Please let your guests talk
@ricardojohnson3074 Says:
Good stuff!
@Matthew_K-sonic Says:
If someone mentions money-printing (quantitative easing) and fails to mention (quantitative tightening), I tend to discount their theory. What it the third thing that is a measurement of these two? This should be the catalyst.
@jeffhogueison1656 Says:
I have gold, silver, and now Bitcoin for a store of wealth. Convincing conversation here. Thank you
@jeffhogueison1656 Says:
What a great, insightful, intelligent guest in Robert Breedlove you had on
@MDM8943 Says:
😂
@FavoriteGrandsonTech Says:
Tom, Bravo sir. The order in which you clipped together these interviews really hit home. Learning with you is amazing. Thank you
@whdndrn Says:
Its not scarcity. Its agreed defined supply.
@Alina-ws6ob Says:
Today I saw a video of a painter that every time she sold one of her paintings she would buy herself an expensive diamond bracelet. Years ago I would've thought how selfish and a waste of money. Now I'm thinking how smart. She was conserving the value of her money. It was a beautiful investment she could wear. 😊
@CommentingOnTheFreakshow Says:
The US dollar now gets it's value from the fact that the US government demands payment of taxes in US Dollars. If you earn money and don't pay your taxes, they throw your ass in jail! And that is where the dollar gets it's value from!
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