This Is Why You Can’t Afford a House — The Truth About Inflation, AI, and Why Everything Feels Unfair | Daniel Priestley PT 1 | Tom Bilyeu's Impact Theory | Podwise
Tom Bilyeu interviews Daniel Priestley about the economic issues facing young people, the role of technology and finance in creating inequality, and potential solutions. Priestley argues that the economy is dividing into two, with those leveraging technology thriving while others are left behind, and that the dominance of finance over capital is exacerbating the problem. They discuss the resentment young people feel towards the economy, the flaws in socialist solutions like heavily taxing billionaires, and the need to enforce competition by breaking up monopolies. Priestley suggests that the opportunity for younger generations lies not in traditional paths like homeownership, but in leveraging digital assets and entrepreneurial ventures. The conversation also touches on the historical context of economic cycles, the dangers of unchecked debt and money printing, and the potential for technology to both exacerbate and alleviate societal problems.
