The Dollar Is Already Dead — They Just Haven’t Told You | Arthur Hayes on Impact Theory

Summcode TOMVIP20 for 20% off your first year at

ShopifySign up for your onedollarpermonth trial period at

Check us out wherever you get your podcasts:

Spotify:

Do you need my help?

STARTING a businessjoin me here inside ZERO TO FOUNDER ()

SCALING a businessclick here to see if you qualify ()

Get the exact systems, mindset shifts, and principles that built a $1B brand delivered straight to your inbox every week. Subscribe for free ()

Check out our Video game Project Kyzen()

Catch Me Streaming on Twitch ()

Link to IT discord

Tom's Favorite Things List

FOLLOW TOM:

Welcome back to Impact Theory with Tom Bilyeu. In today’s episode, economist and investor Arthur Hayes joins Tom Bilyeu to unpack the high-stakes challenges shaping our financial future, from inflation and money printing to the looming disruption of AI. Together, they dissect why ordinary people are feeling the squeeze—despite positive GDP numbers—and the heartbreaking reality that 10% of Americans now own 93% of all assets.

Arthur Hayes explains how decades of government intervention, rapid money printing, and the unwillingness to face economic "hard medicine" have left the economy vulnerable—and what that means as AI promises both unprecedented productivity and deep social upheaval. Tom Bilyeu adds perspective on the psychological impact: how economic fragility leads to hyper gambling, political polarization, and a population unsure how to secure their future.

Tune in for a candid look at what’s driving today’s economic uncertainty, the potential pitfalls—and opportunities—of technological abundance, and how we might redefine the meaning of work, wealth, and purpose in a world on the edge of transformation. Whether you’re a seasoned investor or just trying to keep up, this episode is a blueprint for navigating what comes next.

Want to follow Arthur?

Links