Elon Musk Said Money Won't Matter in 10 Years.. Here's The Truth
Elon Musk recently said that money won't matter by 2036, and most people completely missed what he actually meant. I break down why AI and robotics really will make many goods dramatically cheaper, why your cost of living may continue rising anyway, and how the next Federal Reserve regime could respond.I also look at what happened during the last productivity boom in the late 1990s, why asset prices surged instead of everyday living costs falling, and why scarce assets like land, energy, and Bitcoin could benefit if AI creates an era of abundance.
Watch the full Elon Musk interview here: https://youtu.be/XuoqKYxDHVc?si=nLti2RW2MWBZERQA
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00:00 - Elon Musk: "Money Won't Matter by 2036"
01:01 - Why This Prediction Matters
02:20 - What Money Is Actually For
05:38 - The Real Constraint on AI
11:48 - America's Debt Problem Gets Worse
14:55 - The Three Obligations Driving More Money Printing
17:25 - Will AI Cause Inflation or Deflation?
21:43 - Why Some Prices Keep Rising Forever
25:04 - Which Assets Benefit Most From AI?
27:31 - Why Owning Companies Isn't the Same as Owning Scarcity
29:00 - What To Own Before 2036
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TAKE MY 5 QUESTION QUIZ TO FIND OUT IF YOUR PORTFOLIO IS LONG ENOUGH: https://gps.marketdisruptors.io/macro
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