Why Wealth Inequality Is Rising—And What You Can Do About It Before It’s Too Late | Arthur Laffer X Tom Bilyeu Impact Theory

This is part two of an interview between Tom Bilyeu and Arthur Laffer, focusing on economic policy and the potential future under a Trump administration. Laffer outlines his five kingdoms of macroeconomics, praising Trump's first-term actions in taxation, government spending, monetary policy, regulations, and international trade. He anticipates Trump securing the Tax Cuts and Jobs Act, eliminating taxes on overtime, and implementing Workfare and medical price transparency. Laffer defends Trump's trade negotiation tactics, viewing them as leverage for fairer deals. The discussion explores the role of the Federal Reserve, advocating for a price rule and stable currency, possibly through crypto or a tethered dollar. Bilyeu expresses skepticism about widespread crypto adoption and concerns about debt and money printing. Laffer counters with optimism, emphasizing Trump's intent for lower inflation and a high real return on capital. Both agree on the potential of AI and the need for political activism to shape a better economic future.