I'm here at Rebel Capitalist once again. I'm with one of the founders of the Collective Inner Circle, Russell Gray. And Russ has started a new website and you're doing some videos and such, right? I am. I am. I am. So, I've just kind of looked at what's going on in the world, as you know, Mike. And uh I've decided that we're going through a mega trend of decentralization. I think the rise of gold and the escape of the hegemony of the dollar, Bitcoin is evidence of that. I think that you look
at the push back the populist movement with the rise of popularity of a guy like Donald Trump or in Britain Nigel Farage. And so I think part of that is an extension um of the desire for people to be free and we're pushing back on monopolies. We've seen um legacy media or what I call monopoly media is it's crumbled, right? Guys like you have bigger audiences in CNN. It's just insane, right? But I think mainstream capitalism is the next iteration in that. We've got an environment where
there's a big movement to bring productivity, actual productive activity, not just pushing financialized paper around, but actually building things and employing people and manufacturing things. And I think that's going to open up a whole new era of growth. And in your presentation, you mentioned, which I think is totally true, that we've got to outgrow the debt. We we're not going to extinguish this debt except with growth. And so, we can't have 2% 3% GDP. We need 5, 6, 7, 8% GDP. Well, how are we going to do
that? We have to unlock tremendous entrepreneurial opportunity. And I think now is the time to do that. So, I'm really focused on encouraging people to participate in Main Street capitalism. And and so, what's the name of your website and this uh new thing that you're because you're you're all for Main Street and not Wall Street. So, tell us the name. Yeah, so it's mainstreetc capitalist.com. And first people can always find me at russlegray.com and um and then the podcast and then we have you know
mentoring communities and things like that. And of course the other thing is the project the raising capitalist project which is about helping parents learn how to raise main street capitalists if we don't capture the next generation. I don't know if you saw what just happened in Australia but they've got the 30% now um unrealized capital gains tax. Yeah. even on superanuations which is the equivalent of an IRA. Can you imagine the government uh deciding oh uh your stock is up this much in your IRA
and you you or your gold and you haven't sold so gold is up uh 50% or something like that and you haven't sold any of it. So you haven't realized any gain yet but they're going to tax you on that theoretical gain. It's economic suicide and it grows out of people who don't have an economic education being elected by people who don't have an economic education and they want to do something good for the world but they don't understand the mechanics. It's almost kind of Jesus
forgive them father for they know not what they do. I'm not going to call them bad people, but like Kiasaki talked about when he was on stage, it's like you've got people who don't have an economic understanding trying to make policy and all of human society is organized around economic activity and policies which regulate human society are going to have economic consequences. And so if you have people who are making those decisions, whether they're the person in the voting booth or in the
legislature or in the executive branch, if they don't have an economic education, then they're going to make bad economic policy. And people say, "Well, you know, yeah, but I can just go hide in the corner." Entrepreneurs are kind of the mind your own business crowd. They're like, you know, change your rules, do whatever you want. I'm just going to I'll outmaneuver you. I'm smarter than you are. I'll go hide in a corner. But when you back people like us into a corner, we're going to turn
around and face you. We're going to start to fight. I believe we've come to that place and that we're in a turning point, if you will, in the world where people are not willing to take any more and that and I believe that, you know, there's a lot of ways this can manifest. I don't want it to be revolution. I I think we're kind of undergoing a revolution. I want it to be a revival. I want it to be a revival of main street capitalism. If people get up every day and they own their business and they
work and they see the fruits of their labor and they're free to acquire and build wealth and have the things they want, I think we will have a better, more peaceful, more prosperous society and world. And so we have to get involved. You've been an educator forever. You've changed millions of lives. You and Kiasaki and people. I'm so happy to be kind of a part of that tribe. And I just felt like at this season of my career, I want to really narrow the focus on what I think is the
main problem. kind of like what you've done with Freedom Forums. You said, "Hey, this is going to be my mission." We can't all be on the same mission. You got yours, I got mine, right? But I think everybody needs to be on one. And the way you express your mission is what I call purpose-driven Main Street capitalism. You pick your purpose, you build a business around it, and you go make yourself a ton of money by making a difference in the world. Wow, that was great. I want to thank you all for
watching, and we'll see you next time.
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