Show Notes
Elon Musk is officially a trillionaire. Naturally, people are calling it yet another failure of capitalism, and I'm calling BS.
I compared his wealth to Andrew Carnegie’s fortune. On paper, Musk’s number looks insane, but when you measure them against the total money supply of their eras, the truth completely flips. I believe we aren't seeing runaway capitalism, but we are simply measuring success with a broken tape measure.
I explain why fiat is failing, why you should be mad at central banks instead of builders, and how we finally opt out.
Chapters
(00:00:00) - Did Elon Break Capitalism?
(00:00:42) - What A Trillion Means
(00:01:07) - Carnegie And Cheap Steel
(00:02:12) - Monetary Base Comparison
(00:03:08) - Elon’s Impossible Companies
(00:04:39) - Reusable Rockets Revolution
(00:05:50) - Capitalism vs Fiat Failure
(00:07:20) - Inflation And Fake Records
(00:09:04) - Fiat Stole Your Future
(00:12:12) - Bitcoin As The Exit
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Host Links
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The Guy Swann Network Broadcast Room on Keet (Link: https://tinyurl.com/3na6v839)
References from the episode
Andrew Carnegie Foundation: https://www.youtube.com/watch?v=-2MLqvHxU58
Andrew Carnegie Foundation: https://www.youtube.com/watch?v=kMJm04hoGg8
Andrew Carnegie Foundation: https://www.youtube.com/watch?v=lETFnhXVH8s
BFI National Archive: https://www.youtube.com/watch?v=7Rg5vctokvw
US Government: https://www.youtube.com/watch?v=_hlfqggGOZw
CNN: https://www.youtube.com/watch?v=adVbaJp6n6c
Bloomberg: https://www.youtube.com/watch?v=ZucUZZkIQw0
Bloomberg: https://www.youtube.com/watch?v=y5uV6qLYqMQ
Tesla: https://www.youtube.com/watch?v=TszRyT8hjJE
SpaceX: https://www.youtube.com/watch?v=T43sbhCKvBY
Starlink: https://www.youtube.com/watch?v=-8vy3Azdv2I
SpaceX: https://www.youtube.com/watch?v=hI9HQfCAw64
Dieck Docs: https://www.youtube.com/watch?v=LUE4yqAd1WU&t=439s
Simpsons clip: https://www.youtube.com/watch?v=9o2Oc2g-vTk
WSJ: https://www.youtube.com/watch?v=0VwIlALimNw
Movieclips: https://www.youtube.com/watch?v=NQ-8IuUkJJc
The Luxury: https://www.youtube.com/watch?v=7hbzW6DoSOA
The Economist: https://www.youtube.com/watch?v=5i45h76ioHY
WSJ: https://www.youtube.com/watch?v=0VwIlALimNw&t=68s
CNN: https://www.youtube.com/watch?v=eI2HIwZT3FI
Fox Business: https://tinyurl.com/fb-spacex-ipo
Variety.com: https://tinyurl.com/var-spacex-ipo
FinanceFeeds.com: https://tinyurl.com/ff-musk-networth
Fortune.com: https://tinyurl.com/fort-spacex-ipo
VisualCapitalist.com: https://tinyurl.com/vc-musk-trillionaire
CNBC: https://tinyurl.com/cnbc-spacex-updates
NPR: https://tinyurl.com/npr-spacex-ipo
statspanda.com: https://tinyurl.com/stat-musk-history
Bloomberg: https://tinyurl.com/bb-billionaires-index
PurePowerPicks.com: https://tinyurl.com/ppp-musk-tracker
PBS: https://tinyurl.com/pbs-steel-business
IMDB: https://tinyurl.com/imdb-blockbusters
Arpit Kushwaha: https://tinyurl.com/ak-madoff-scheme
explorepahistory.com: https://tinyurl.com/eph-carnegie-bill
Just Simple_English: https://tinyurl.com/jse-1trillion
Detroit Publishing Co: https://tinyurl.com/dpc-steel-p
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