Transcript
_RnbSNPPfEw • Trump's Inauguration, Biden's Legacy, Populism, Oligarchy, & The Power of Failure | Tom Bilyeu Show
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Kind: captions Language: en I Donald John Trump do solemnly swear I hope you packed your own parachute because this is day one of the first 100 days of the second Trump presidency and it is going to be a Highwire Balancing Act of mainlining populism protectionism while still trying to ignite the economy we've got a strongman president who was throwing his weight around in the Middle East even before he was elected and now he's got the full power of the American Military and economy behind him what is he actually going to be able to get done only time will tell but whether you view him as a felon who grabs kitties without permission or the popular savior that's going to stop us from driving off a cliff it's time get ready to rumble everybody this is Trump versus the world to Drew Channel our community for me man what do they want to talk about it's officially the dawn of the Trump presidency um before we jump into that we have to say farewell to Biden how do you think we're going to remember Biden in all his legacy 50 years as a public servant I can give it to you in a single word dementia that's it uh so I wish that there was going to be another thing but man we literally got to watch that meltdown uh we got gaslit by the public about what was happening it it really felt like Bizarro land for a while and this is one of those things uh people are going to find out from me whether I can um because I meet this moment with optimism I'm admittedly I'm caught up in the excitement that the American people gave a very clear mandate uh and so we're all about to find out whether I can look at what's happening in real time and say okay wait a second but we have kpis we know what the goal should be are we moving towards that goal or not uh and so when it was happening with Biden I get that that was people's guy and they wanted him to be the one but if you couldn't look at him and go whoa whoa whoa this is a problematic level of cognitive decline you cannot have somebody that has a nuclear football like that you can't have somebody that can't get on a phone with a world leader and be cognizant not lose their train of thought like dude he would get disoriented on stage and it was crazy and he would just stand there and freeze and all the while we're hearing from everybody Sharp's attack so much to my dismay this man's Legacy is going to be wildly tarnished by the fact that he declined so rapidly in public uh and then of course that if you're on the Democratic side and you're really trying to figure out how you don't repeat this mistake uh one of the things you have to say is you left him in the game way too long like if you really believe that KLA Harris was going to be able to pull this out you've got to get her in way sooner just admit where we're at probably should have gotten him out of office it is crazy to me that even after they said look he's too far gone to run uh but we're going to let him keep doing the country it's like wow that that one was legitimately scary and I was holding my breath uh to see what would happen if somebody was going to take advantage of this moment I think there is a what if type parallel universe where China didn't have a weakened economy and they made a move on Taiwan during this period um and I think it is is only the fact that their own economy is in real Dire Straits right now that they didn't make that move uh and look that's me talking like a Sci-Fi writer for sure but I I don't think it was guaranteed that that wasn't going to happen so you cannot have weak leadership and some of the stuff that we see going on in the Middle East I think is a direct result of that uh people testing to see what's Biden gonna do and so I think it's very clear why the um hostd negotiations came to pass a a week before Trump takes office when he said all hell is going to break loose Biden's Administration was not able to get it done now people have heard me say it before I'm all forgiving them their flowers for the fact they didn't stop it they didn't um cause any disruption not wanting this to uh be uh in any way reflective of what Trump had done but they didn't they got it through of course they're going to take credit for it let them uh I I don't mind I think the world it's so clear uh what role Trump played in all of this I I just don't mind I'm just so glad that we at least have the S the first positive signal coming out of that region um but yeah the the um the 50-year legacy is going to be tarnished it's interesting because as I was watching his Farewell Address he listed a lot of accomplishments that we have we're at historic low inflation is under control quot false hard stop nope I I I I keep it going let let him rock on paper historic lows inflation is done unemployment is lower for us being a kpi like Le organization on paper it seems like Biden it has put the economy in a good place has put the country in a good place but the feeling and the sentiment is completely different so how do we measure that how do we what do we expect of trump because it's to me it seems unfair that he's going to change how people feel about the economy versus the numbers the things that we historically use to track these things are at historic lows historic high oh my God so this is why people say that you can get statistics to say anything you want them to say and this is the danger of the approach that I lay out where it's like hey kpi and we got to be steering towards them because you can spin that story six ways a Sunday the sobering thing in a world where you can't just print your way out of it is you look at and go we really don't have the money in the bank account and therefore we're in trouble and that's every other country except America they actually have to get themselves in a position where um their their budget is balanced and they're not just trying to print print print now because the entire world printed during covid we had this one sort of weird moment where everybody could get away with it because everybody was doing it uh but the reality is going to come home to roost and people are going to realize very quickly even America is going to run into a wall where they cannot print their way out of this problem uh and so that fakery has led people to be able to point on paper and say that we're good so for instance you lose all these jobs during covid and you simply bring them back but he takes credit for all of those jobs also a huge number of the jobs reports have all been brought back down but not until everybody stops paying attention uh which he's not getting clobbered for that nearly enough and then um also changing the CPI meaning the things that you put in that basket of goods that you're measuring inflation against they they're literally just lying and so by changing all of those things they telling a very fake story now the reason that people are still like uh supposedly on paper things are going well but I don't feel it is the reality of printing money is that you were stealing money from people they feel that so they're like I don't care what you say I can't afford things that I used to be able to afford this is insane uh and also one thing I forgot to mention about the jobs is a huge proportion of them have also been government jobs I would just like to remind everybody the government doesn't make money the government takes money from its people and redistribute it in whatever way the people vote for to other people and so that that's not a system that will work you need people that come in that innovate that create real GDP and uh what the emotion is reflective of is the reality that we have not been unlocking our economy we've been tamping it down through ridiculous regulations and so uh trust that feeling because that feeling is you encountering the real world 100% well said well said so what do you see America moving forward what's next for America how should we approach this historic moment what's what's America 2.0 Trump presidency 2.0 look like for you I don't know I don't know what he's actually going to be able to get done this is where people have to understand the American system as it was intended the American system as it was intended plus you know however many 250 years of just stacking regulations on um so we are in a position where we're adding what I call Barnacles to the economy and so how many of those Barnacles is he really going to be able to chip off how much do we want a president going into executive territ executive Action Territory where instead of doing everything through the Congress and the Senate they're just doing things by decree and so I have a lot of trepidation about people doing everything by decree and the government becoming that uh we'll talk more about this almost certainly my thinking uh and this is certainly not unique to me but my thinking of the president as a CEO of America drawing parallels to business obviously my experience as a CEO for as long as I've been doing it is going to make that a natural way for me to uh analogize the government uh and I think it's very important for people to understand that once those Barnacles begin building up on and I think a turtle is the right way to think about it so a turtle collects Barnacles in real life they can get so many that they can't open their eyes anymore that they're so heavy that they sink to the bottom I mean it's just absolutely terrifying and that I think is the right analogy for where we are now as Trump comes in okay so Trump now has this populist mandate what do I mean by that uh the people have spoken the thing that is popular uh was to put him in office now the two populist leaders that we have are Bernie Sanders and Donald Trump it's utterly fascinating to see both of those they represent the right and the left I mean just from an evolutionary standpoint if you want to understand the right and the left and that friction that I say you need you want you don't want to get rid of one or the other but seeing how people can just as easily get behind uh what Bernie's talking about from a what's popular standpoint and what Donald Trump is about and what's popular standpoint so those are all I'm going to make your life better okay uh forget all the foreign entanglements I'm going to make your life better hey I that's why I refer to it as uh populist protectionism so it's America first it's we're going to take care of you um but the fascinating thing that we're going to see is people don't Define America First in the same way and so you're going to see a Schism where it's like whoa whoa whoa Trump you've been saying America First and I've been hearing that um I'm an American citizen I was born here and you're going to take care of me first you're going to eradicate all of this offshoring into India and into China you're going to bring everything back to America um my dad was a steel worker I was a steel worker you're going to bring that back you're going to reopen coal mines like obviously I'm making that stuff up but I'm just using it as an example of what I think a lot of people hear when they hear America First that was the H1B Visa debate then you have people and I'll put myself in this category where it's like you have to rank order these in priority priority number one has to be America on a global stage Remains the most dominant economy by as big of a margin as you can get it and we are already peers with China China has snuck ahead of us in some areas of the economy and so it's like whoa the the globalist agenda led to us not having this uh friendly relationship with China it was and I'm oversimplifying but it was China being a fast follower so America you do the Innovations we'll take what works and then we're going to refine it we're going to get very good at operationalizing all of your Maverick crazy in and we're not going to create that kind of culture but we're going to create a culture where we move as one unit under authoritarian Direction and we're going to get deeply efficient at doing all of those things so there's AI models that you can compare where we create AI essentially uh and then China goes okay but I can do it for 1 1,000th the cost again a fake number but is directionally accurate and so um uh Kaiu Lee is a guy that you want to pay attention to there where he's like bro you're not paying attention to how efficient we're getting over here with these models uh and so that's where globalism actually led us okay so the American middle class begins hollowing out because of printing money globalism uh and so now people are like wait wait wait I need you to protect me from that but that's again that has that two-tiered system is this simply hire somebody because they were born in America they're an American citizen that's one version the other version is America First is about collecting the smartest people the world over and making sure that they come here they innovate and America gets to control these markets especially if you're talking to me especially AI who wins that race is going to matter a lot but another thing that's going to matter is Robotics and I will very actively include um drones in that and then the Third Leg of this is manufacturing because a lot of people I think want to believe as we ratchet up the cold cold war with China they want to believe that the game that we're playing is the World War II game and if China should be so stupid as to go into Taiwan we'll treat it like we did Pearl Harbor where now we just bring on our manufacturing base and like the Japanese said I think we just awoke a sleeping um giant or Dragon I forget what he said I think giant uh and we're GNA pay the price for that right absolutely incredible ends up being true we turn on the American manufacturing base we just make battleships and tanks and everything faster than anybody could have possibly imagined an incredible moment in our history we are not there we have absolutely gutted our ability to manufacture through all of the globalist stuff I don't want to say agenda that sounds so Alex um Jones Alex Jones yeah uh so but there was an agenda to globalize things and so uh it has a consequence and the consequences we can no longer manufacture so it would take us quite a bit of time so we're China to make that move I think we would very rapidly run into a problem where we realize oh Modern Warfare is all about drones uh it's very inexpensive it's all about volume you make just thousands of these things and you can inundate an aircraft carrier whatever if you take a thousand drones that can simultaneously drop a thousand bombs that can do real damage none of them are massive no one of them is going to sink that ship but a thousand of them like now you're really in trouble and you just send these swarms and so China's way ahead of us on a manufacturing base so if I can get people to rank order America First by first be the strongest economy because that gives you power the world over that you can't imagine including remaining the world's Reserve currency next is yes if you live in this country we have a massive obligation to each other we've got to make sure that opportunities okay because it just handing out money is not going to do it but creating opportunities for people that are here that are citizens I think is hugely important uh I think there is inevitably going to be a racial component of this just because it's so easy to look at somebody and be like you're from India uh that's ugly oh my God must that be avoided that will tear us part from the inside which is like the Playbook uh if you want to see America fail okay so that's this moment we've got all these Barnacles from regulation uh we've got a populist mandate that's split we've got people screaming oligarchy from the top of the roof uh rooftops which I think we're going to get into so I won't fractal on that right now uh and Trump is going to come into that and it's not going to be as easy to get things done as you would think from the party that we've all been having between the election and today when he's coming into office uh now that you're in office now all of a sudden you realize oh getting a whole group of people focused on the same thing and moving and lock step is excruciatingly difficult and so this is um this is going to be where the rubber meets the road and I think it is so so so difficult um even to build a company I think a company is far more simplistic than a country and so this is going to be hard and if people turn on him uh because remember even with the margin that he has is pretty slim so you only need 10 or 15% of the people to be like N I thought this was going to be better and now all of a sudden you're back to gridlock and nothing is getting done so um he's got momentum can he carry that momentum through these first 100 days to really make magic happen uh that's going to be the question and so I think and sorry because I know you have a flow but um I'll be very interested to see how schedule F I think is what it's called plays out because I don't think he can pull off what he wants to pull off unless he can start firing people that are tripping up his agenda or are just incompetent and I'm far more worried about incompetence than anything else no 100% and we'll definitely get into schedule F but you did something I want to kind of double in on you talked about popul populace and how that's a movement the Bernie versus uh Trump uh side of it we'll get back to the show in a moment but first I need to talk about something that's crushing way too many ambitious people in our community IRS debt thousands of entrepreneurs and high Achievers are lying awake at night stressing over unfiled returns or back taxes you guys if that sounds familiar I want to tell you this waiting for the IRS to catch up with you is the worst thing you can do it makes you look like a tax evader and that does not end well the good news is though that you don't have to face the IRS alone that's where tax Network USA comes in they are not like other tax resolution companies they have a preferred Direct direct line to the IRS and know exactly which agents to work with and which to avoid their attorneys and negotiators have resolved over 1 billion in tax debt so whether you owe 10,000 or 10 million they have genius strategies to settle your tax problems in your favor call 1800 958 1000 or visit TN usa.com impact and get help right now now let's get back to the show but oligarchy has now be kind of the next dirty word so I just want to break that down so people kind of know understand what oligarchy is and how we can understand it in the context of this conversation okay so an oligarchy is a minority ruling the country uh people right now what I think they mean is a wealth-based oligarchy or a tech based ol Jeff Bezos Mark Zuckerberg and Trump are ruling the country type exactly so they've both got the technology um so you take someone like Elon I think the thing people are most most worried about Elon is x in that he can control discourse and that he has so much influence over uh the public discourse and so I think people are looking at it very much like well we didn't like it when we thought it was Russia meddling in our election and we really don't like it now that it's Elon um I still think this breaks along how people think about the people they think are dumb and if you're a nanny State person and you think people can't think for themselves and whatever Elon says people are going to go along with it uh then I'm sure this is a very terrifying moment I take a different view on this which is I think Elon can shortterm sway what people think and long-term absolutely not and so in the final analysis things either work or they don't and the reason that Elon has gotten to the point that he's gotten to is he's able to assemble people that can do things in the real world and so whether that's um give birth to the First new car manufacturer in like 60 or 70 years I mean some just ridiculously long time uh then also Rockets gravity cares not about uh elon's politics or how Elon talks or whether elon's on the Spectrum uh gravity is just like yeah you beat me and well played and this works and it didn't blow up we'll talk about the one that did um but the way that he's able to iterate because he is so tied to what works and what doesn't so is oligarchy real oligarchy as a threat is real we are not living in an oligarchy you don't have to do very much research to find out oh this is what a real oligarchy looks like where it is just corruption from top to bottom uh you just suddenly disappear if you vote against the minority that's in control um that sort of people get killed they disappear uh they're poisoned that kind of stuff it gets that far it gets that ugly we're not there I think it's good that people know what it is I think it's good that people um hold all of our financially Elite people um to a standard of uh what they say how they act what they're pushing for um the thing I will say about Elon is he talks openly all the time and so there will be a question that has to be answered of is there a public face that he's so good at modulating that it's all a lie compared to what he does behind the scenes we'll have to hold him accountable for that uh and that's where I mean his own thing of we are the media people are going to go after him man there is no way even if he owns a platform there's no way for him to silence everybody it just isn't possible even the Government tried the closest we've ever been to that was Co where it really felt like shut the [ __ ] up say what you're supposed to say or we're going to unbank you we're going to remove you but I mean look how hard they tried with Trump and he still got elected president so shout out to the American people um you can certainly push them around you can temporarily make them quiet but we have a spirit good luck you're just going to build up so much pressure in the system it will explode back on you uh so I'm not super worried about that as long as people are willing to talk to power some won't some will crumble um but man we've we've got a a long track record of not going quiet for too long no there's something to that could we pull up that medy tweet uh Med Assan kind of retweeted something that Elon said and I think that it's it's very you kind of hit it on the head like the people are the ones driving this it's not the we are the media was kind of funny in that moment but we should have a ability so it's not that we voted these people off now we're on the sidelines we have no control but there should be kind of this fear of the American people we talked about a couple episodes yeah I think you're trying to trigger me with this tweet so uh I had beef with this tweet big time so not the Elon part but the medi Hassan part so uh for those just listening Elon said those who break the law will be arrested and that includes Mayors I'm pretty sure this is about the California fires uh and he was talking about mayor Karen bass presumably uh and then medy Hassan said nothing to see here just the world's richest man technically still just a private citizen threatening to arrest democratically elected officials this is what oligarchy looks like um so uh this really bothers me because one there's this idea that because somebody is Rich they're suspect and and you should already be like looking at them sideways this is Elon listen to what he said no one is above the law no no one is above the law and are you saying that the like he specifically called out that he's a private citizen are you saying that the government shouldn't be afraid of its people that's crazy and I don't mean living in fear of their lives but I mean living in fear that you have given me a mandate to govern in a certain way I campaigned I told you what I was going to do and then uh there are laws and I'm either sticking to those laws and my promises or I'm not and if I'm of violating the law then of course there should be consequences for that and if I'm violating my campaign promises and I can't give you a compelling reason as to why there should be electoral consequences for that where you vote me out of office so uh yes yes the government should be afraid of the people they should be listening to the people they should remember always and forever that they represent the will of the people and I think it should be from uh this is where we're trying to get so this is our goal this is where we're trying to end up and I'm working backwards so I'm going to change my mind there are going to be campaign promises that I'm unable to uphold because I've hit gridlock or whatever and the political um the way that politics works is it's a big game of compromise so everybody should be very comfortable with hey these are the things directionally that I'm telling you that I'm trying to do that I'm quote unquote promising to do when I get into office there's no way that we're going to be able to do all of them and nobody that's thinking expects 100% with that but if they bait and switch you on where we're trying to end up now you should have beef so uh yeah I absolutely despise the way that some people Embrace an ideology of um there is right think and there is wrong think and this to me is an example of that they just think that um say because he is wealthy and is calling out a political official that they believe that this is undue influence that this is somebody that's trying to manipulate the government behind the scenes but the reality is the one thing at least as far as I can tell with Elon right now he just cannot stop himself from saying what he believes is true and it has gotten him into so much trouble I mean an unrelenting parade of difficulties and he keeps doing it this does not feel like somebody who is super at that has a bunch of PR teams is like trying to craft his messages he just can't stop himself from talking and I would much rather be in that position than this energy of like shut the [ __ ] up and um get on board with right think it's it's a weird dynamic because I feel like we want our elected officials to do what we say but then they also have this level of protection or at least what we're getting from Eddie Hassan right here is that you're not allowed to kind of critique democratically elected officials like no we should be able to so I I just don't see the back of that I don't see using a term like oligarchy can then scare people to think that okay when rich people criticize a government it's worse than when we criticize a government he has that same power he has just and if we scroll through his Twitter through it I'm sure there's other officials that he was critiquing when Ronda Sanz was doing what he was doing in Florida I'm sure I'm sure he had a lot to say so which just it seemed a little bit disingenuous in that way um well so I I this may be a flaw in my thinking but I rarely approach anybody right or left as being disingenuous even though I look I get it people are trying to say things in a way to control the narrative I understand this the very thing that I rail against but I don't think in any one moment the place to start is with the assumption that this is disingenuous so let me step inside of Med's um worldview and his worldview goes something like this uh wealth is this very unnatural thing that you uh when you acquire too much of it power ends up corrupting you absolute power corrupts absolutely uh this man has an unhealthy amount of money because of that money he has undue amounts of influence which is why they constantly say things like world's richest man Rich wealthy billionaire like they they use it as a slur they are trying to indicate uh I think a sincere worldview that this is a corruptive force this man is corrupt by the nature of having all of this money and influence and therefore here's what I think cool so step into that so my beef isn't that he's calling out this is what an oligarchy looks like my beef is that the thing he is tying that to is incorrect so one people should be paranoid of America becoming an oligarchy okay because we've created this massive disparity between the rich and the poor that's a really dangerous position and history tells you the second you get this kind of split between the rich and the poor you better fix it or heads literally start rolling it is a terrible [ __ ] situation and we absolutely must fix that and I'm saying that as somebody who's wealthy you you need a thriving middle class you need a thriving middle class now I would very much like people to articulate why don't we have a thriving middle class and when dumb asses say we don't have a thriving middle class because these people are making too much money that's just false the question to ask is why are those people making so much money and I'm telling you right now it is a two-fold function of capitalism allows for the aggregation of capital when you add enough value yay that's good we should celebrate it and then the big problem is you have this thousandfold accelerator of this disparity because of the way that money works when you print money you steal from everybody everybody you steal from Elon Musk you steal from the single mother working three jobs just to keep her kids in public school okay uh you're stealing from all of them now needless to say if you steal from Elon it's not going to hurt as much because let's say that you stole 90% of his wealth he's still Rich you steal 90% of that Single Mom's wealth and she's literally homeless okay so obviously going to hurt the poor people way more then the far more not far more the the element of this that makes it such a crippling problem to print money is that the way that you get the money into the system you get money into the system by buying assets bonds very specifically treasury bonds okay just to to really put a fine point on it so the um fed gets this fake money into the system by buying treasury bonds so the people that hold treasury bonds yay it's why they call it a risk-free return you held that thing that's going to be safe and they say you're closer to the money printer and so also you don't buy treasuries from everybody you're going to buy them spec in specific ways and so you can actually get quote unquote closer to the money printer by knowing where they're going to buy these treasury bonds from and being one of the people that they buy them from okay so now the average person doesn't understand investing gambling and so they don't own those assets so they don't they get stolen from but they never get money back and so just over time you get this massive Gulf that opens between the rich and the poor and so it isn't capitalism that creates that [ __ ] problem now capitalism does aggregate Capital into the hands of people that if you want to buy something you say I want to buy that thing and so now that person if they're doing it profitably they are aggregating capital yeah I get it uh but that's not the Insidious part that's not the flywheel that just runs a muck the flywheel that runs a muck is when you start [ __ ] printing money stealing from everybody and then you're only redistributing it back to the people that understand how to get close to that nozzle and that's the problem and because it's just complicated enough people don't understand it so Med yes please keep telling people what oligarchy actually looks like but oligarchy does not just look like somebody getting wealthy and it certainly doesn't look like somebody getting wealthy somebody who happens to be wealthy is saying nobody's Above the Law okay and so that's what drives me crazy we need to worry about oligarchy Elon Musk is definitely in a high-risk group because he's so wealthy and runs a media company um but what he's saying there is true is real and is exactly one of the things that everybody should be banging that drum is hey elected officials you're not above the law you are a servant you serve the people and if you are doing things that are illegal and lead to devastating outcomes you will be held responsible full stop I like how you broke that down because that's a common misconception that you once we kind of put in context it makes a lot of sense and I think that's the perfect segue to our schedule F discussion because to say this in layman terms schedule F is an executive order that Trump did on his first term that removes certain job protections it's basically making government employees at government officials at will employees similar to your I can fire you if you do something bad of course you're protected by your race your Creed your religion there's those still classifications are there but some people are just a new Republican would come in they might fire all the Democratic officials so they implemented this uh protection so that way you don't get fired based off of your political parties but you have a different take on it and why it's important to have schedule left as a mechanism in Trump's back pocket back to Barnacles yeah so you've got to be able to fire people that are not doing a good job as somebody who runs a company I have uh a very strong view influenced by knowing how hard it is to run a company and that is dwarfed by how hard it is to run a country this is why people hate the Deep state is you get people in they're terrible at their jobs uh they may work actively against you we were in our last episode joking about that guy uh the James O'Keefe yeah where he's basically saying you know we've got all these think tanks that are trying to find ways to quote unquote protect people from Trump thus sitting president uh and if Trump can't come in and say oh this person's not good at their job or they are actively working against my agenda uh then you can't make progress and you are stuck and the Deep state will throw you over and over and over and over or just call it bureaucracy it will throw you over and over and over so if you're trying to run a company and you're trying to change the direction and you can't fire your employees that is literal Madness those are laws that are put in by people that have never tried to run a company they do not understand these are laws put in place by people who can print their way out of every problem not not realizing hey [ __ ] you're the problem you're the reason that the rich are getting richer and the poor are getting poorer in fact forget the rich getting richer because that I think it's going to derail people you're the reason the poor are getting poor okay stop [ __ ] stealing from them immediately stop from a moral standpoint stop it's disgusting so if we could get people to realize the cause and consequence of all of this we would be in a way better position the problem is the economy is very complicated and of course there are going to be people hopefully in our own comments that understand this stuff even better than me and they will keep pushing me and they will keep helping me update my thinking all I care about is where thinking meets the real world okay so um what I want to see from this perspective is people to understand Trump is going to use language that I consider highrisk and that is loyalty loyalty loyalty loyalty now the reason I think loyalty is a highrisk angle to approach this from so Trump is doing a thing that I like let me fire people but he's saying words that make me very nervous loyal loyal loyal now what do I mean by that uh you and I before we will go live on an episode will'll often argue about things and the thing that I'm always begging you because I understand there's a power differential I can fire you but you can't fire me I get it so I have to work really hard to make sure that you will tell me the truth because the community the YouTube algorithm does not give a [ __ ] that I can fire you they're just asking people based on their behavior and I'm asking algorithmically uh did you like Tom's content because if you do I'm going to show you and other people more of it if you didn't I'm not I'm going to show them less and then that obviously hurts my business so oh my God the last thing I want from you who's trying to help me understand what the community would like to hear about I'm not going to um be audience capture and tell them what they want to hear but I want to know what they want to talk about uh I want to understand my retention graphs all that stuff and if you tell me what you think I want to hear will tank so I need you to be honest and tell me the things that are true so to be loyal to me means that we agree on what our goal is okay Drew we agree on this yeah we we get what we're trying to do yes cool okay now I will assume every word out of your mouth has nothing to do with agreement or disagreement with me it has everything to do with whether you think if we follow what I'm doing we'll move away from the goal and if we follow what you're saying we will move towards the goal that's loyalty to me now if you're undermining me in the company because I've said hey I've heard you I understand your position I can articulate it back to you I disagree and ultimately The Buck has to stop with me I am the to use Bush's words the great decider and this is the direction that we're going to go in this is what I think will take us to our goal now let's say you really think that that's just a mistake at that point expect you to disagree but commit now if I find out that you're going behind my back and telling people okay don't do that because I believe that I'm right and so do it this way then I'm going to fire you and in that moment I might say that you're being disloyal I might make the mistake of saying you're disloyal to me but what I mean by that is we agreed on a goal we agreed that the dynamic is that when we can't agree that we're going to go with my decision uh and there are going to be times where I'm like I don't trust myself so let's go with your your answer but ultimately it's my decision to make and I'm the one that carries the responsibility of making sure everyone's payroll gets paid and all that good stuff so that seems very reasonable to me so if Trump were thinking of it like that and he were more careful in his language which is uh I Tom Bilu am a very big fan of the way that Lincoln ran his government which is what he called A Team of Rivals so he wanted people that thought differently he wanted people from both sides of the aisle to bring ideas and battle them out but he absolutely insisted that hey one once I make a decision after hearing you guys out we are going in that direction and I will not tolerate insubordination cool it's it's nuanced and it's hard to have that conversation and Trump is anything but careful in his language so if this really means I want you to tell me what I want to hear bad bad bad bad bad he will drive us off a cliff you cannot want that in people but if it's hey this is what we've decided and this government is a very complicated thing and so you're seven layers away from me and you're now the guy what's his name manini manino whatever the guy Jamie yeah what's his name Marina Manina the I think it's Manina Manina n i n a great Jamie M we'll stick with that uh so that kind of thing is insubordination that's somebody immediately terminate finish done uh that I think is critically important but I worry that what he's either actually meaning hey tell me what I want to hear um or he's in careful in his language but given I'm going to be optimistic right now I don't yet know what's true but I'm going to be optimistic for four years I believe that Trump was an unhinged lunatic and that he uh did not understand any of these things that he was talking about and and I was just a headline reader now I've gone way deeper into actually going and listening to the words that he says directly hearing what other people say about him certainly that's a mixed bag uh but there is a narrative that I'm choosing to right now until I see evidence that it isn't true which is that he really does understand systems level thinking um and that he actually wants prosperity for America he wants us to remain the number one Global superpower uh economically militarily um that he really does want to protect Americans to lower our income tax tariff people I've in other episodes I've already talked about that so we have to fractal on that now I'm not saying that out of ignorance of how this works um um so my hope is that he is just speaking incautiously as he is known to do uh because they're loyalty to the mission yes never undermining the president once he has decided this is where we're going a th% tell me what I want to hear danger drive off a cliff yeah it's like the dangers of Yes man like you never want to have a bunch of yes men around you and the we have a bunch of rappers entourages who could tell you all those dangers that that has caused yeah um moving on SpaceX had a I love this like can we go to the SpaceX tweet I don't want to mess it up they had a rapid unscheduled disassembly such a brilliant way of saying it that's a really complicated way to saying that it exploded now it was beautiful explosion if we could pull that up too uh it was a beautiful tweet everybody it was from the Caribbean to North America we seen a bunch of videos and Tik toks of people just seeing these lights shining through the air yeah it's it's a tab to the left like it is beautiful it looks nice it's a very expensive piece of art very very expensive but I think that this is like a bigger thing and I know you always talk about how we need to reframe failure and I just love that this is what it looks like to not hit the mark and instead of him internalizing it it's kind of having this kind of poetic Spin and this expensive piece of art like how do you contextualize this like beautiful failure quote Yeah so frame of references everything and meaning everybody has a set of beliefs and a set of values and that covers colors their entire perception of the world and it changes what you look at and it changes what you see so if you look at this and you think oh my God if you were a part of it oh my god I'm an idiot I'm so dumb uh I suck I'm never going to be any good look at this uh what a catastrophic failure I just want to get out of this I never want to feel this way again okay that's how most people live their lives If instead you look at it go I wonder what we can learn from this because failure is the most information Rich data stream on planet Earth nothing will ever teach you more than something going wrong partly because it hurts which then triggers areas of the brain for memory so you're going to focus on that you're going to remember it you're going to not want to repeat it you're going to be more careful next time but also I mean they've got all kinds of sensors and stuff so they're actually going to find where the weakness was and ultimately to do something that complicated you just have to constantly find where are all the weaknesses and improve them Shore them up uh most people they don't try things and so they're never able to get into the nitty-gritty of what works and what doesn't and things that seem like they're going to work intellectually on paper they then don't work but if you can get the feedback of like this is why that thing didn't work then it's like oh then I can improve that I can improve that I can get better better better better better and that's exactly how you end up doing what they're doing is SpaceX was just patently unafraid to blow things up so that they could get the lesson to move on now they do get laughed at people will mock them and they'll go through a cycle of embarrassment where people like this guy's a [ __ ] idiot I told you he was dumb uh and you're going to get ragged on way harder when you mess up than you will get celebrated when you do the thing right and so I get why people crumble emotionally but I am just here to tell you if you want to do something Grand in your life it is a battle with you and your emotions and I've long believed one of my superpowers is I can be embarrassed longer than the next person I don't mind people pointing at me and laughing not that I don't mind that that that's not going to make me quit and so I know if I can stay emotionally stable learn the lesson that that skill will stack and as Kobe Bryant said booze don't block dunks so now I'm like people can hate me as much as they want but I can get so good at the thing that people can't stop me and so that's exactly what Elon and SpaceX are doing is even though a big part of their Loop is that sometimes these things blow up um they're not crying about it curling up into a ball they're like yeah they're like why did it blow up and as they get that much smarter then they move forward and their rate of progress speaks for itself so um look as somebody who really does want people to have a joyful life that they want for themselves I'm telling you right now progress is a foundational pillar to human happiness shout out to Tony Robbins who gave me that phrase um and if that's true then you need to be making progress towards something that matters to you and the only way to do that is to actually get in the mix do the thing fail survive the embarrassment learn the lesson and get better and it's in that moment of getting better after the failure that you make progress that brings that satisfaction to your life love it love it that's all I got all right everybody if you haven't already be sure to subscribe and remember tomorrow Andrew boost and Monte's episode drops hopefully I will see you there till next time my friends be legendary take care peace if you like this conversation check out this episode to learn more bitcoin price drops people panic sell off price goes back up tickling 100K again but Jamie Diamond still calls it a worthless tool for criminals and sex traffickers play nice Jamie the future is more digital than you think and the Bots are not going to take this sitting down and to prove it we're going to